Insider Selling: Datadog (NASDAQ:DDOG) Director Sells 5,625 Shares of Stock

Datadog, Inc. (NASDAQ:DDOG) Director Julie Richardson sold 5,625 shares of the company’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $220.00, for a total transaction of $1,237,500.00. Following the completion of the transaction, the director owned 3,178 shares in the company, valued at approximately $699,160. This trade represents a 63.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Datadog Stock Performance

DDOG stock traded down $2.70 during mid-day trading on Tuesday, hitting $210.23. 5,201,253 shares of the company were exchanged, compared to its average volume of 5,497,810. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $292.72. The stock has a market capitalization of $75.49 billion, a PE ratio of 429.05, a price-to-earnings-growth ratio of 20.85 and a beta of 1.49. The business has a 50 day simple moving average of $248.93 and a 200-day simple moving average of $194.39. 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 posted its earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.58 by $0.07. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The firm’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same quarter in the prior 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, equities analysts forecast that Datadog, Inc. will post 0.7 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. BTIG Research lifted their target price on Datadog from $255.00 to $289.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. Piper Sandler reaffirmed an “overweight” rating and set a $275.00 price target (up from $230.00) on shares of Datadog in a research report on Wednesday, June 10th. Canadian Imperial Bank of Commerce lifted their price objective on shares of Datadog from $250.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Arete Research boosted their price objective on shares of Datadog from $260.00 to $340.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Finally, UBS Group decreased their target price on shares of Datadog from $315.00 to $280.00 and set a “buy” rating on the stock in a research report 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 given a Sell rating to the stock. According to MarketBeat.com, Datadog currently has an average rating of “Moderate Buy” and an average target price of $276.32.

Institutional Investors Weigh In On Datadog

Several institutional investors and hedge funds have recently bought and sold shares of the company. EMC Capital Management acquired a new stake in Datadog during the second quarter worth about $28,000. Cornerstone Financial Management LLC raised its position in shares of Datadog by 54.9% in the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock valued at $33,000 after buying an additional 45 shares in the last quarter. Elevation Wealth Partners LLC lifted its holdings in shares of Datadog by 2,700.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock worth $44,000 after acquiring an additional 162 shares during the period. JPL Wealth Management LLC bought a new stake in shares of Datadog during the 3rd quarter worth approximately $27,000. Finally, Continuum Advisory LLC acquired a new stake in shares of Datadog during the 2nd quarter worth approximately $53,000. Institutional investors own 78.29% of the company’s stock.

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.