Olivier Pomel Sells 47,054 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOGGet Free Report) CEO Olivier Pomel sold 47,054 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $235.49, for a total value of $11,080,746.46. Following the sale, the chief executive officer owned 612,747 shares in the company, valued at approximately $144,295,791.03. The trade was a 7.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Olivier Pomel also recently made the following trade(s):

  • On Wednesday, August 5th, Olivier Pomel sold 127,141 shares of Datadog stock. The shares were sold at an average price of $286.71, for a total value of $36,452,596.11.
  • On Thursday, July 23rd, Olivier Pomel sold 47,054 shares of Datadog stock. The shares were sold at an average price of $244.79, for a total value of $11,518,348.66.
  • On Tuesday, June 16th, Olivier Pomel sold 84,698 shares of Datadog stock. The stock was sold at an average price of $232.30, for a total value of $19,675,345.40.
  • On Monday, June 8th, Olivier Pomel sold 127,141 shares of Datadog stock. The stock was sold at an average price of $231.69, for a total value of $29,457,298.29.
  • On Tuesday, June 2nd, Olivier Pomel sold 26,012 shares of Datadog stock. The stock was sold at an average price of $267.15, for a total transaction of $6,949,105.80.
  • On Tuesday, May 26th, Olivier Pomel sold 84,698 shares of Datadog stock. The shares were sold at an average price of $223.58, for a total transaction of $18,936,778.84.

Datadog Price Performance

Shares of NASDAQ DDOG opened at $235.62 on Friday. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. The company’s 50-day moving average price is $249.81 and its 200 day moving average price is $185.94. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $292.72. The stock has a market cap of $84.61 billion, a price-to-earnings ratio of 480.87, a PEG ratio of 23.12 and a beta of 1.54.

Datadog (NASDAQ:DDOGGet Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the previous year, the business posted $0.46 earnings per share. The firm’s quarterly revenue was up 35.6% compared to the same quarter last year. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. As a group, research analysts forecast that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Analysts Set New Price Targets

DDOG has been the topic of a number of recent research reports. Wedbush initiated coverage on Datadog in a research note on Monday, June 15th. They issued a “neutral” rating on the stock. Bank of America raised their price target on Datadog from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Wall Street Zen raised Datadog from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. DA Davidson restated a “buy” rating and issued a $315.00 price objective on shares of Datadog in a research report on Friday, August 7th. Finally, Citigroup increased their price objective on Datadog from $300.00 to $305.00 and gave the company a “buy” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $276.32.

Read Our Latest Stock Analysis on Datadog

Institutional Trading of Datadog

Several hedge funds and other institutional investors have recently bought and sold shares of the company. JPL Wealth Management LLC purchased a new position in shares of Datadog during the 3rd quarter worth $27,000. EMC Capital Management acquired a new stake in shares of Datadog during the second quarter worth $28,000. NBC Securities Inc. grew its position in shares of Datadog by 242.6% in the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after purchasing an additional 165 shares during the period. Rothschild Investment LLC grew its position in shares of Datadog by 52.5% in the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after purchasing an additional 94 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC increased its stake in Datadog by 341.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock valued at $38,000 after purchasing an additional 246 shares during the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

About Datadog

(Get Free Report)

Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company’s product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.

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