Datadog (NASDAQ:DDOG) CEO Sells $1,727,948.25 in Stock

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 11,195 shares of the company’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $154.35, for a total value of $1,727,948.25. Following the completion of the sale, the chief executive officer owned 533,358 shares of the company’s stock, valued at approximately $82,323,807.30. The trade was a 2.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Olivier Pomel also recently made the following trade(s):

• On Tuesday, October 7th, Olivier Pomel sold 32,923 shares of Datadog stock. The shares were sold at an average price of $154.43, for a total value of $5,084,298.89.
• On Thursday, October 9th, Olivier Pomel sold 63,939 shares of Datadog stock. The shares were sold at an average price of $165.02, for a total value of $10,551,213.78.
• On Wednesday, October 8th, Olivier Pomel sold 25,620 shares of Datadog stock. The shares were sold at an average price of $165.01, for a total value of $4,227,556.20.
• On Tuesday, September 23rd, Olivier Pomel sold 11,195 shares of Datadog stock. The shares were sold at an average price of $137.94, for a total value of $1,544,238.30.
• On Monday, September 8th, Olivier Pomel sold 32,923 shares of Datadog stock. The stock was sold at an average price of $135.74, for a total value of $4,468,968.02.
• On Tuesday, September 2nd, Olivier Pomel sold 15,357 shares of Datadog stock. The stock was sold at an average price of $133.85, for a total value of $2,055,534.45.
• On Monday, August 11th, Olivier Pomel sold 32,923 shares of Datadog stock. The stock was sold at an average price of $130.38, for a total value of $4,292,500.74.
• On Monday, July 28th, Olivier Pomel sold 11,195 shares of Datadog stock. The stock was sold at an average price of $150.82, for a total value of $1,688,429.90.

Datadog Stock Performance

NASDAQ DDOG opened at $156.47 on Monday. The stock has a market cap of $54.57 billion, a PE ratio of 447.07, a P/E/G ratio of 61.22 and a beta of 1.21. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31. Datadog, Inc. has a twelve month low of $81.63 and a twelve month high of $170.08. The stock has a fifty day simple moving average of $143.14 and a 200-day simple moving average of $129.84.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.05. The business had revenue of $826.76 million during the quarter, compared to analysts’ expectations of $791.72 million. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The company’s revenue was up 28.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.43 EPS. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. Equities analysts anticipate that Datadog, Inc. will post 0.34 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on DDOG shares. Guggenheim reiterated a “sell” rating and set a $105.00 price target on shares of Datadog in a report on Tuesday, July 8th. Cowen reissued a “buy” rating on shares of Datadog in a research note on Friday, October 17th. Needham & Company LLC reissued a “buy” rating and set a $175.00 target price on shares of Datadog in a research note on Thursday, August 14th. Cantor Fitzgerald increased their target price on Datadog from $171.00 to $179.00 and gave the stock an “overweight” rating in a research note on Thursday, August 7th. Finally, Scotiabank reissued an “outperform” rating on shares of Datadog in a research note on Friday, August 8th. Twenty-six research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $163.97.

Institutional Investors Weigh In On Datadog

A number of hedge funds have recently bought and sold shares of DDOG. Goldman Sachs Group Inc. raised its position in Datadog by 259.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company’s stock valued at $858,994,000 after purchasing an additional 6,250,942 shares in the last quarter. Norges Bank acquired a new stake in Datadog in the 2nd quarter valued at about $347,728,000. Brown Advisory Inc. raised its position in Datadog by 76.5% in the 1st quarter. Brown Advisory Inc. now owns 4,853,012 shares of the company’s stock valued at $481,467,000 after purchasing an additional 2,103,838 shares in the last quarter. Dragoneer Investment Group LLC raised its position in Datadog by 729.5% in the 2nd quarter. Dragoneer Investment Group LLC now owns 2,254,563 shares of the company’s stock valued at $302,855,000 after purchasing an additional 1,982,763 shares in the last quarter. Finally, Baillie Gifford & Co. raised its position in Datadog by 12.6% in the 1st quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company’s stock valued at $1,217,769,000 after purchasing an additional 1,369,522 shares in the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

About Datadog

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.