Datadog, Inc. (NASDAQ:DDOG) Short Interest Up 26.8% in April

Datadog, Inc. (NASDAQ:DDOG) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 12,737,642 shares, an increase of 26.8% from the March 31st total of 10,044,454 shares. Currently, 3.9% of the shares of the company are short sold. Based on an average trading volume of 4,551,248 shares, the days-to-cover ratio is currently 2.8 days.

Analyst Ratings Changes

Several analysts have recently issued reports on DDOG shares. Capital One Financial lowered their price target on shares of Datadog from $157.00 to $135.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. Rosenblatt Securities lowered their price target on shares of Datadog from $185.00 to $178.00 and set a “buy” rating on the stock in a research report on Friday. BMO Capital Markets set a $165.00 price target on shares of Datadog in a research report on Wednesday, February 11th. Wall Street Zen lowered shares of Datadog from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Finally, Evercore lowered their price target on shares of Datadog from $215.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $177.03.

Insider Buying and Selling at Datadog

In other news, CTO Alexis Le-Quoc sold 53,912 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $125.49, for a total value of $6,765,416.88. Following the sale, the chief technology officer owned 437,257 shares of the company’s stock, valued at $54,871,380.93. The trade was a 10.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Olivier Pomel sold 68,922 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $110.54, for a total transaction of $7,618,637.88. Following the completion of the sale, the chief executive officer directly owned 704,821 shares in the company, valued at approximately $77,910,913.34. This trade represents a 8.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 594,639 shares of company stock worth $72,214,894 over the last three months. 6.67% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Datadog

Institutional investors have recently made changes to their positions in the stock. Rothschild Investment LLC increased its holdings 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 last quarter. Physician Wealth Advisors Inc. increased its holdings in shares of Datadog by 315.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after buying an additional 145 shares during the last quarter. Westside Investment Management Inc. increased its holdings in shares of Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after buying an additional 75 shares during the last quarter. JPL Wealth Management LLC bought a new position in shares of Datadog in the 3rd quarter worth $27,000. Finally, Tripletail Wealth Management LLC purchased a new stake in shares of Datadog in the 3rd quarter valued at $28,000. Institutional investors own 78.29% of the company’s stock.

Datadog Price Performance

Datadog stock traded up $10.15 during midday trading on Friday, reaching $142.34. 4,133,482 shares of the stock were exchanged, compared to its average volume of 5,554,262. The company’s fifty day moving average is $121.30 and its 200-day moving average is $137.24. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.38 and a current ratio of 3.38. The firm has a market cap of $50.19 billion, a PE ratio of 457.40, a PEG ratio of 48.49 and a beta of 1.29. Datadog has a 52 week low of $98.01 and a 52 week high of $201.69.

Datadog (NASDAQ:DDOG) last posted its earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. The business had revenue of $953.19 million for the quarter, compared to analyst estimates of $916.53 million. Datadog had a net margin of 3.14% and a return on equity of 4.14%. Datadog’s revenue was up 29.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.49 EPS. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. On average, sell-side analysts forecast that Datadog will post 0.32 EPS for the current year.

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.