Insider Selling: Datadog (NASDAQ:DDOG) Director Sells 20,000 Shares

Datadog, Inc. (NASDAQ:DDOG) Director Amit Agarwal sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $249.32, for a total value of $4,986,400.00. Following the completion of the transaction, the director owned 1,640 shares of the company’s stock, valued at $408,884.80. The trade was a 92.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amit Agarwal also recently made the following trade(s):

• On Thursday, August 6th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $234.85, for a total transaction of $4,697,000.00.
• On Thursday, July 30th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $266.82, for a total transaction of $5,336,400.00.
• On Thursday, July 23rd, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $244.87, for a total transaction of $4,897,400.00.
• On Thursday, July 9th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $267.41, for a total transaction of $5,348,200.00.
• On Thursday, July 2nd, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $261.22, for a total transaction of $5,224,400.00.
• On Thursday, June 25th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $220.12, for a total transaction of $4,402,400.00.
• On Thursday, June 18th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $220.92, for a total transaction of $4,418,400.00.
• On Friday, June 12th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $231.56, for a total transaction of $4,631,200.00.

Datadog Price Performance

Shares of DDOG traded down $8.14 during mid-day trading on Monday, hitting $247.32. 3,722,897 shares of the stock were exchanged, compared to its average volume of 5,657,097. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. The company has a market cap of $88.81 billion, a PE ratio of 504.74, a price-to-earnings-growth ratio of 26.87 and a beta of 1.54. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $292.72. The firm has a 50-day moving average of $248.92 and a two-hundred day moving average of $182.61.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping 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 return on equity of 5.67% and a net margin of 4.48%.Datadog’s revenue was up 35.6% on a year-over-year basis. During the same period last year, the company 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 0.65 earnings per share for the current year.

Institutional Trading of Datadog

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC lifted its holdings in shares of Datadog by 2,700.0% during the second quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock worth $44,000 after purchasing an additional 162 shares during the period. JPL Wealth Management LLC purchased a new stake in Datadog in the 3rd quarter worth approximately $27,000. NBC Securities Inc. grew its stake in shares of Datadog by 242.6% during the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after purchasing an additional 165 shares during the period. Rothschild Investment LLC grew its stake in shares of Datadog by 52.5% during the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after purchasing an additional 94 shares during the period. Finally, Ancora Advisors LLC purchased a new position in shares of Datadog during the 2nd quarter valued at approximately $80,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. BMO Capital Markets set a $300.00 price objective on Datadog in a report on Friday, August 7th. Weiss Ratings upgraded shares of Datadog from a “sell (d+)” rating to a “hold (c)” rating in a report on Wednesday. Mizuho lifted their price objective on shares of Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, July 15th. Oppenheimer increased their target price on Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a research report on Monday, July 20th. Finally, Canadian Imperial Bank of Commerce lifted their price target on Datadog from $250.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $276.32.

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.