Insider Selling: Datadog (NASDAQ:DDOG) CTO Sells $9,551,207.28 in Stock

Datadog, Inc. (NASDAQ:DDOG) CTO Alexis Le-Quoc sold 43,224 shares of the firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $220.97, for a total value of $9,551,207.28. Following the completion of the transaction, the chief technology officer owned 509,805 shares of the company’s stock, valued at $112,651,610.85. The trade was a 7.82% decrease in their position. The sale 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.

Alexis Le-Quoc also recently made the following trade(s):

• On Tuesday, June 2nd, Alexis Le-Quoc sold 21,506 shares of Datadog stock. The stock was sold at an average price of $267.15, for a total value of $5,745,327.90.
• On Monday, June 1st, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $271.05, for a total value of $14,612,847.60.
• On Monday, May 18th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The shares were sold at an average price of $208.04, for a total value of $8,992,320.96.
• On Monday, May 4th, Alexis Le-Quoc sold 43,106 shares of Datadog stock. The shares were sold at an average price of $144.93, for a total value of $6,247,352.58.
• On Wednesday, April 22nd, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The shares were sold at an average price of $130.84, for a total value of $5,655,428.16.
• On Monday, April 6th, Alexis Le-Quoc sold 32,300 shares of Datadog stock. The stock was sold at an average price of $116.46, for a total value of $3,761,658.00.

Datadog Stock Up 0.9%

Shares of Datadog stock traded up $2.08 on Wednesday, reaching $222.65. 2,197,448 shares of the company were exchanged, compared to its average volume of 5,873,301. Datadog, Inc. has a one year low of $98.01 and a one year high of $278.70. The company has a market capitalization of $79.25 billion, a price-to-earnings ratio of 585.94, a PEG ratio of 23.70 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. The company has a 50-day moving average of $193.77 and a 200 day moving average of $150.63.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. During the same quarter in the prior year, the firm posted $0.46 EPS. The firm’s revenue for the quarter was up 32.1% compared to the same quarter last year. 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, equities research analysts forecast that Datadog, Inc. will post 0.61 earnings per share for the current year.

Wall Street Analyst Weigh In

DDOG has been the subject of a number of analyst reports. Stifel Nicolaus set a $305.00 price objective on shares of Datadog in a research report on Thursday, May 7th. Monness Crespi & Hardt upped their target price on shares of Datadog from $255.00 to $270.00 in a report on Thursday, May 7th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $226.00 target price on shares of Datadog in a research note on Thursday, June 11th. Truist Financial upgraded shares of Datadog from a “hold” rating to a “buy” rating and raised their target price for the company from $190.00 to $300.00 in a research note on Monday, June 15th. Finally, TD Cowen boosted their price target on Datadog from $235.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $241.30.

Institutional Trading of Datadog

Hedge funds have recently modified their holdings of the stock. Wealth High Governance Capital Ltda bought a new stake in shares of Datadog in the first quarter valued at about $4,085,000. Wealth High Governance Asset Management Ltda. bought a new position in Datadog during the first quarter worth about $3,470,000. Parallel Advisors LLC raised its stake in 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 purchasing an additional 1,082 shares in the last quarter. Glenmede Trust Co. NA raised its stake in 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 purchasing an additional 1,126 shares in the last quarter. Finally, Groupe la Francaise boosted its holdings in Datadog by 20.4% in the 1st 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 period. Institutional investors and hedge funds 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.