Datadog (NASDAQ:DDOG) CEO Olivier Pomel Sells 89,497 Shares of Stock

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 89,497 shares of Datadog stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $207.86, for a total transaction of $18,602,846.42. Following the completion of the sale, the chief executive officer owned 586,416 shares of the company’s stock, valued at approximately $121,892,429.76. This trade represents a 13.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, September 2nd, Olivier Pomel sold 26,331 shares of Datadog stock. The shares were sold at an average price of $212.90, for a total transaction of $5,605,869.90.
• On Wednesday, August 19th, Olivier Pomel sold 47,054 shares of Datadog stock. The stock was sold at an average price of $235.49, for a total transaction of $11,080,746.46.
• On Wednesday, August 5th, Olivier Pomel sold 127,141 shares of Datadog stock. The stock was sold at an average price of $286.71, for a total transaction of $36,452,596.11.
• On Thursday, July 23rd, Olivier Pomel sold 47,054 shares of Datadog stock. The stock was sold at an average price of $244.79, for a total transaction of $11,518,348.66.
• On Tuesday, June 16th, Olivier Pomel sold 84,698 shares of Datadog stock. The shares were sold at an average price of $232.30, for a total transaction of $19,675,345.40.

Datadog Stock Performance

Shares of DDOG stock opened at $221.72 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. Datadog, Inc. has a one year low of $98.01 and a one year high of $292.72. The company’s 50-day simple moving average is $246.37 and its 200-day simple moving average is $196.50. The stock has a market capitalization of $79.62 billion, a price-to-earnings ratio of 452.50, a PEG ratio of 22.06 and a beta of 1.49.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period in the previous year, the company earned $0.46 earnings per share. Datadog’s quarterly revenue was up 35.6% on a year-over-year basis. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Equities analysts anticipate that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Arete Research boosted their target price on shares of Datadog from $260.00 to $340.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Citigroup boosted their price objective on shares of Datadog from $300.00 to $305.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Rosenblatt Securities raised their target price on shares of Datadog from $220.00 to $305.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. UBS Group decreased their target price on Datadog from $315.00 to $280.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Finally, Weiss Ratings raised Datadog from a “sell (d+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $276.32.

Institutional Trading of Datadog

A number of institutional investors have recently made changes to their positions in DDOG. Brighton Jones LLC acquired a new stake in Datadog in the fourth quarter worth approximately $209,000. Bison Wealth LLC acquired a new position in shares of Datadog during the 4th quarter valued at $228,000. Empowered Funds LLC raised its stake in shares of Datadog by 7.0% in the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after buying an additional 672 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Datadog by 17.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after buying an additional 115 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Datadog in the second quarter valued at $509,000. 78.29% of the stock is owned by institutional investors and hedge funds.

Datadog Company Profile

Datadog, Inc (NASDAQ:DDOG) is a cloud-based software company that provides monitoring, observability, security and analytics tools for modern applications and information technology environments. Its platform helps organizations collect, correlate and analyze data from servers, databases, applications, containers, networks and cloud services in a unified environment.

The company’s products include infrastructure monitoring, application performance monitoring, log management, real user and synthetic monitoring, database monitoring, cloud security, software delivery tools, incident management and cloud cost management.