Insider Selling: Datadog (NASDAQ:DDOG) COO Sells $2,940,574.80 in Stock

Datadog, Inc. (NASDAQ:DDOG) COO Adam Blitzer sold 13,812 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $212.90, for a total transaction of $2,940,574.80. Following the completion of the sale, the chief operating officer directly owned 249,959 shares of the company’s stock, valued at $53,216,271.10. This represents a 5.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Datadog Stock Performance

Shares of NASDAQ:DDOG traded down $1.83 on Friday, reaching $212.93. 2,493,749 shares of the company’s stock were exchanged, compared to its average volume of 5,499,505. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $292.72. The company has a fifty day moving average of $250.18 and a 200-day moving average of $193.14. The company has a market capitalization of $76.46 billion, a price-to-earnings ratio of 434.56, a PEG ratio of 20.49 and a beta of 1.49. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23.

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

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. DA Davidson reiterated a “buy” rating and set a $315.00 target price on shares of Datadog in a research report on Friday, August 7th. Capital One Financial upped their price objective on shares of Datadog from $217.00 to $268.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 17th. Wall Street Zen upgraded shares of Datadog from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Zacks Research lowered shares of Datadog from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. Finally, Wells Fargo & Company boosted their target price on shares of Datadog from $230.00 to $295.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Datadog currently has a consensus rating of “Moderate Buy” and a consensus price target of $276.32.

Hedge Funds Weigh In On Datadog

Large investors have recently bought and sold shares of the company. California State Teachers Retirement System grew its holdings in shares of Datadog by 27,002.8% during the second quarter. California State Teachers Retirement System now owns 121,189,509 shares of the company’s stock worth $31,552,901,000 after purchasing an additional 120,742,361 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Datadog by 7.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock worth $1,961,496,000 after acquiring an additional 956,993 shares during the last quarter. State Street Corp increased its position in Datadog by 106.8% in the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock valued at $1,955,547,000 after acquiring an additional 7,091,075 shares during the period. Geode Capital Management LLC increased its position in Datadog by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock valued at $1,227,184,000 after acquiring an additional 197,816 shares during the period. Finally, Janus Henderson Group PLC lifted its holdings in shares of Datadog by 22.8% during the first quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after purchasing an additional 1,439,082 shares during the period. 78.29% of the stock is currently owned by institutional investors.

About Datadog

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.