Datadog (NASDAQ:DDOG) Director Sells $4,631,200.00 in Stock

Datadog, Inc. (NASDAQ:DDOGGet Free Report) Director Amit Agarwal sold 20,000 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $231.56, for a total value of $4,631,200.00. Following the sale, the director directly owned 1,640 shares in the company, valued at approximately $379,758.40. This trade represents a 92.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 Monday, May 11th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $200.13, for a total value of $4,002,600.00.
  • On Monday, April 27th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $131.47, for a total value of $2,629,400.00.
  • On Wednesday, April 15th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $120.00, for a total value of $2,400,000.00.
  • On Monday, April 20th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $125.98, for a total value of $2,519,600.00.
  • On Wednesday, April 8th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $122.28, for a total value of $2,445,600.00.
  • On Wednesday, April 1st, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $120.53, for a total value of $2,410,600.00.
  • On Monday, March 23rd, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $127.36, for a total value of $2,547,200.00.

Datadog Trading Down 1.0%

NASDAQ:DDOG traded down $2.27 during trading hours on Tuesday, hitting $230.82. 4,012,518 shares of the company were exchanged, compared to its average volume of 5,938,318. The stock has a market capitalization of $82.16 billion, a price-to-earnings ratio of 607.44, a price-to-earnings-growth ratio of 24.62 and a beta of 1.56. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog, Inc. has a one year low of $98.01 and a one year high of $278.70. The company has a fifty day simple moving average of $180.54 and a 200 day simple moving average of $147.82.

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

Hedge Funds Weigh In On Datadog

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Parallel Advisors LLC boosted its stake in shares of Datadog by 12.5% in the 1st 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 boosted its stake in shares of Datadog by 15.6% in the 1st quarter. Glenmede Trust Co. NA now owns 8,346 shares of the company’s stock worth $985,000 after buying an additional 1,126 shares during the last quarter. Groupe la Francaise boosted its stake in shares of Datadog by 20.4% in the 1st quarter. Groupe la Francaise now owns 93,982 shares of the company’s stock worth $11,063,000 after buying an additional 15,907 shares during the last quarter. Western Wealth Management LLC purchased a new position in shares of Datadog in the 1st quarter worth approximately $65,000. Finally, Janus Henderson Group PLC lifted its stake in Datadog by 22.8% in 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. Hedge funds and other institutional investors own 78.29% of the company’s stock.

More Datadog News

Here are the key news stories impacting Datadog this week:

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Capital One Financial lowered their price objective on Datadog from $157.00 to $135.00 and set an “overweight” rating for the company in a research report on Thursday, April 16th. Benchmark lifted their price objective on Datadog from $230.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, June 11th. Rothschild & Co Redburn assumed coverage on Datadog in a research report on Thursday, April 23rd. They issued a “buy” rating and a $170.00 price objective for the company. Oppenheimer lifted their price objective on Datadog from $200.00 to $220.00 in a research report on Thursday, May 7th. Finally, Wolfe Research reissued an “outperform” rating and issued a $295.00 price objective on shares of Datadog in a research report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Datadog currently has a consensus rating of “Moderate Buy” and an average target price of $234.14.

Check Out Our Latest Research Report on DDOG

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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