Datadog (NASDAQ:DDOG) General Counsel Kerry Acocella Sells 7,252 Shares

Datadog, Inc. (NASDAQ:DDOGGet Free Report) General Counsel Kerry Acocella sold 7,252 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $267.15, for a total transaction of $1,937,371.80. Following the sale, the general counsel directly owned 133,237 shares in the company, valued at approximately $35,594,264.55. The trade was a 5.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Kerry Acocella also recently made the following trade(s):

  • On Tuesday, May 5th, Kerry Acocella sold 13,857 shares of Datadog stock. The shares were sold at an average price of $150.00, for a total transaction of $2,078,550.00.

Datadog Stock Performance

Shares of NASDAQ DDOG opened at $243.60 on Friday. The firm’s 50-day moving average price is $164.88 and its 200-day moving average price is $144.65. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The company has a market cap of $86.71 billion, a PE ratio of 641.07, a PEG ratio of 26.80 and a beta of 1.56. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $278.70.

Datadog (NASDAQ:DDOGGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same quarter last year, the firm posted $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. As a group, analysts anticipate that Datadog, Inc. will post 0.61 EPS for the current year.

Hedge Funds Weigh In On Datadog

Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its stake in Datadog by 30.3% during the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after acquiring an additional 9,748,738 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Datadog by 7.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock worth $1,961,496,000 after acquiring an additional 956,993 shares during the period. State Street Corp raised its stake in Datadog by 106.8% during the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after acquiring an additional 7,091,075 shares during the period. Geode Capital Management LLC raised its stake in Datadog by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock worth $1,227,184,000 after acquiring an additional 197,816 shares during the period. Finally, Janus Henderson Group PLC raised its stake in Datadog by 22.8% during the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after acquiring an additional 1,439,082 shares during the period. Institutional investors own 78.29% of the company’s stock.

Wall Street Analyst Weigh In

DDOG has been the topic of a number of recent analyst reports. Rothschild & Co Redburn initiated coverage on shares of Datadog in a report on Thursday, April 23rd. They set a “buy” rating and a $170.00 price target on the stock. Raymond James Financial increased their price objective on shares of Datadog from $170.00 to $220.00 in a research note on Thursday, May 7th. DA Davidson set a $250.00 price objective on shares of Datadog in a research note on Friday, May 22nd. Barclays increased their price objective on shares of Datadog from $148.00 to $215.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Finally, Canaccord Genuity Group set a $225.00 price objective on shares of Datadog in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $219.69.

Check Out Our Latest Stock Report on DDOG

Key Datadog News

Here are the key news stories impacting Datadog this week:

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.

Featured Articles

Insider Buying and Selling by Quarter for Datadog (NASDAQ:DDOG)

Receive News & Ratings for Datadog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Datadog and related companies with MarketBeat.com's FREE daily email newsletter.