Datadog (NASDAQ:DDOG) Director Amit Agarwal Sells 20,000 Shares

Datadog, Inc. (NASDAQ:DDOG) Director Amit Agarwal sold 20,000 shares of Datadog stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $220.92, for a total transaction of $4,418,400.00. Following the transaction, the director owned 1,640 shares in the company, valued at approximately $362,308.80. This trade represents a 92.42% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 Friday, June 12th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $231.56, for a total value of $4,631,200.00.
• On Monday, May 11th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were 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 shares were 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.

Datadog Trading Down 0.4%

Shares of DDOG opened at $220.57 on Wednesday. The firm has a market cap of $78.51 billion, a P/E ratio of 580.46, a price-to-earnings-growth ratio of 23.70 and a beta of 1.56. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $278.70. The company has a 50 day simple moving average of $193.77 and a two-hundred day simple moving average of $150.63.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. During the same quarter in the previous year, the firm earned $0.46 earnings per share. The company’s quarterly revenue 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 analysts expect that Datadog, Inc. will post 0.61 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on DDOG shares. KeyCorp raised shares of Datadog from an “overweight” rating to an “overweight” rating in a report on Monday, June 15th. Jefferies Financial Group raised Datadog from a “buy” rating to a “buy” rating in a report on Monday, June 15th. Capital One Financial boosted their target price on Datadog from $217.00 to $268.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 17th. Needham & Company LLC began coverage on Datadog in a research note on Monday, June 15th. They set a “buy” rating for the company. Finally, Stifel Nicolaus set a $305.00 price target on Datadog in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $241.30.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. JPL Wealth Management LLC purchased a new stake in shares of Datadog in the third quarter worth approximately $27,000. CoreCap Advisors LLC lifted its stake in shares of Datadog by 1,461.5% during the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after acquiring an additional 190 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in Datadog during the 4th quarter valued at $31,000. NBC Securities Inc. boosted its holdings in Datadog by 242.6% during the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after acquiring an additional 165 shares during the period. Finally, Rothschild Investment LLC grew its position in Datadog by 52.5% in the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after acquiring an additional 94 shares during the last quarter. Hedge funds and other institutional investors 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.