Olivier Pomel Sells 89,497 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 89,497 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $207.86, for a total value of $18,602,846.42. Following the completion of the transaction, the chief executive officer directly owned 586,416 shares of the company’s stock, valued at approximately $121,892,429.76. This trade represents a 13.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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, September 2nd, Olivier Pomel sold 26,331 shares of Datadog stock. The stock was sold at an average price of $212.90, for a total value of $5,605,869.90.
• On Wednesday, August 19th, Olivier Pomel sold 47,054 shares of Datadog stock. The stock was sold at an average price of $235.49, for a total value of $11,080,746.46.
• On Wednesday, August 5th, Olivier Pomel sold 127,141 shares of Datadog stock. The stock was 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 transaction of $11,518,348.66.
• On Tuesday, June 16th, Olivier Pomel sold 84,698 shares of Datadog stock. The shares were sold at an average price of $232.30, for a total transaction of $19,675,345.40.

Datadog Trading Down 0.2%

Datadog stock opened at $221.21 on Friday. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $292.72. The firm’s 50 day moving average price is $245.59 and its 200-day moving average price is $196.67. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. The stock has a market cap of $79.43 billion, a P/E ratio of 451.46, a PEG ratio of 21.71 and a beta of 1.49.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. Datadog’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 predict that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in DDOG. Nomura Asset Management Co. Ltd. lifted its position in Datadog by 8.0% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company’s stock worth $20,762,000 after buying an additional 11,348 shares during the last quarter. Norges Bank purchased a new stake in shares of Datadog in the fourth quarter valued at $469,461,000. MUFG Securities EMEA plc lifted its holdings in shares of Datadog by 115.6% in the 4th quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company’s stock worth $1,814,000 after acquiring an additional 7,154 shares during the last quarter. California State Teachers Retirement System lifted its holdings in shares of Datadog by 27,002.8% in the 2nd quarter. California State Teachers Retirement System now owns 121,189,509 shares of the company’s stock worth $31,552,901,000 after acquiring an additional 120,742,361 shares during the last quarter. Finally, BNP Paribas boosted its stake in shares of Datadog by 18.4% during the 4th quarter. BNP Paribas now owns 41,280 shares of the company’s stock worth $5,614,000 after purchasing an additional 6,403 shares during the period. Institutional investors own 78.29% of the company’s stock.

Analyst Upgrades and Downgrades

DDOG has been the subject of a number of research analyst reports. UBS Group cut their price objective on Datadog from $315.00 to $280.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Robert W. Baird set a $300.00 target price on Datadog in a research report on Friday, August 7th. Morgan Stanley raised their price target on Datadog from $225.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. TD Cowen raised their price target on Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Finally, Benchmark reaffirmed a “buy” rating on shares of Datadog in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $276.66.

About Datadog

Datadog, Inc (NASDAQ:DDOG) is a cloud-based software company that provides monitoring, observability, security and analytics tools for modern applications and information technology environments. Its platform helps organizations collect, correlate and analyze data from servers, databases, applications, containers, networks and cloud services in a unified environment.

The company’s products include infrastructure monitoring, application performance monitoring, log management, real user and synthetic monitoring, database monitoring, cloud security, software delivery tools, incident management and cloud cost management.