Datadog (NASDAQ:DDOG) CFO David Obstler Sells 16,323 Shares

Datadog, Inc. (NASDAQ:DDOG) CFO David Obstler sold 16,323 shares of Datadog stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $267.15, for a total transaction of $4,360,689.45. Following the transaction, the chief financial officer directly owned 509,591 shares in the company, valued at approximately $136,137,235.65. This trade represents a 3.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Datadog Trading Down 2.7%

Shares of DDOG stock opened at $243.60 on Friday. The stock has a market cap of $86.71 billion, a price-to-earnings ratio of 641.07, a price-to-earnings-growth ratio of 26.80 and a beta of 1.56. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The firm’s 50 day moving average price is $164.88 and its two-hundred day moving average price is $144.65.

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DDOG shares. Evercore reissued an “outperform” rating and set a $225.00 target price on shares of Datadog in a research report on Thursday, May 7th. Guggenheim boosted their target price on shares of Datadog from $175.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. KeyCorp boosted their target price on shares of Datadog from $155.00 to $225.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Jefferies Financial Group set a $210.00 target price on shares of Datadog and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Piper Sandler boosted their target price on shares of Datadog from $195.00 to $230.00 in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $219.69.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog has been highlighted among the most upgraded software stocks, suggesting analysts remain constructive on its growth outlook and the broader AI-driven rebound in software. 3 Most Upgraded Stocks Last Month According to MarketBeat (DDOG)
• Positive Sentiment: Investor and industry coverage continues to frame Datadog as a beneficiary of renewed demand for AI-related software, which may be helping sentiment around the stock. DDOG, ORCL, MSFT emerge as top software stock picks as the sector rebounds: report
• Neutral Sentiment: Datadog’s recent conference appearance may have reinforced its story, but no major new catalyst was identified in the provided headline. Datadog, Inc. (DDOG) Presents at Bank of America 2026 Global Technology Conference Transcript
• Neutral Sentiment: Datadog also drew heavy search interest from investors, but the article itself did not add a clear new fundamental catalyst. Investors Heavily Search Datadog, Inc. (DDOG): Here is What You Need to Know
• Negative Sentiment: Several Datadog executives, including CTO Alexis Le-Quoc, CEO Olivier Pomel, COO Adam Blitzer, CFO David M. Obstler, CRO Sean Michael Walters, and General Counsel Kerry Acocella, disclosed stock sales in recent filings. Most were tied to 10b5-1 plans or tax withholding on equity vesting, but the wave of insider selling can still weigh on sentiment. SEC insider filing

Institutional Trading of Datadog

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Parallel Advisors LLC increased its stake in shares of Datadog by 12.5% in the first quarter. Parallel Advisors LLC now owns 9,730 shares of the company’s stock worth $1,149,000 after buying an additional 1,082 shares during the last quarter. Glenmede Trust Co. NA increased its stake in Datadog by 15.6% during the first quarter. Glenmede Trust Co. NA now owns 8,346 shares of the company’s stock valued at $985,000 after purchasing an additional 1,126 shares during the last quarter. Groupe la Francaise increased its stake in Datadog by 20.4% during the first quarter. Groupe la Francaise now owns 93,982 shares of the company’s stock valued at $11,063,000 after purchasing an additional 15,907 shares during the last quarter. Western Wealth Management LLC bought a new stake in Datadog during the first quarter valued at $65,000. Finally, Janus Henderson Group PLC increased its stake in Datadog by 22.8% during the first quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock valued at $905,570,000 after purchasing an additional 1,439,082 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

Datadog Company Profile

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.