Datadog (NASDAQ:DDOG) CRO Sells $3,582,214.35 in Stock

Datadog, Inc. (NASDAQ:DDOGGet Free Report) CRO Sean Michael Walters sold 13,409 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $267.15, for a total transaction of $3,582,214.35. Following the completion of the sale, the executive owned 270,296 shares in the company, valued at approximately $72,209,576.40. This trade represents a 4.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sean Michael Walters also recently made the following trade(s):

  • On Thursday, May 7th, Sean Michael Walters sold 7,657 shares of Datadog stock. The stock was sold at an average price of $188.50, for a total transaction of $1,443,344.50.
  • On Tuesday, May 5th, Sean Michael Walters sold 1,914 shares of Datadog stock. The shares were sold at an average price of $150.00, for a total transaction of $287,100.00.
  • On Wednesday, March 11th, Sean Michael Walters sold 22,330 shares of Datadog stock. The stock was sold at an average price of $125.68, for a total transaction of $2,806,434.40.

Datadog Stock Performance

NASDAQ:DDOG traded down $6.73 during mid-day trading on Thursday, reaching $243.60. 6,970,327 shares of the company’s stock were exchanged, compared to its average volume of 5,998,771. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The business’s fifty day simple moving average is $162.46 and its two-hundred day simple moving average is $144.24. The firm has a market capitalization of $86.71 billion, a PE ratio of 641.07, a price-to-earnings-growth ratio of 28.82 and a beta of 1.56. Datadog, Inc. has a one year low of $98.01 and a one year high of $278.70.

Datadog (NASDAQ:DDOGGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. During the same quarter in the previous year, the business posted $0.46 earnings per share. The firm’s revenue for the quarter was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Analysts anticipate that Datadog, Inc. will post 0.61 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DDOG has been the topic of several research reports. Rothschild & Co Redburn started coverage on Datadog in a research note on Thursday, April 23rd. They set a “buy” rating and a $170.00 target price on the stock. Mizuho lifted their price objective on Datadog from $145.00 to $220.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. UBS Group boosted their price objective on Datadog from $195.00 to $220.00 and gave the company a “buy” rating in a report on Friday, May 8th. Bank of America increased their price objective on Datadog from $225.00 to $260.00 in a research report on Thursday, May 28th. Finally, Needham & Company LLC increased their target price on shares of Datadog from $155.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Datadog currently has an average rating of “Moderate Buy” and a consensus price target of $219.69.

View Our Latest Analysis on Datadog

More Datadog News

Here are the key news stories impacting Datadog this week:

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Westside Investment Management Inc. increased its stake in shares of Datadog by 74.3% in the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after purchasing an additional 75 shares in the last quarter. Rothschild Investment LLC grew its position in shares of Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after buying an additional 100 shares during the period. Physician Wealth Advisors Inc. grew its position in Datadog by 315.2% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after purchasing an additional 145 shares during the last quarter. JPL Wealth Management LLC purchased a new position in shares of Datadog in the third quarter worth approximately $27,000. Finally, CoreCap Advisors LLC lifted its holdings in Datadog by 1,461.5% during the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after purchasing an additional 190 shares in the last quarter. 78.29% of the stock is owned by institutional investors.

Datadog Company Profile

(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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