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

Datadog, Inc. (NASDAQ:DDOG) Director Amit Agarwal sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $220.12, for a total value of $4,402,400.00. Following the sale, the director owned 1,640 shares of the company’s stock, valued at $360,996.80. The trade was a 92.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed 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 Thursday, June 18th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $220.92, for a total value of $4,418,400.00.
• 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 transaction 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 transaction 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 transaction 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 shares were 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 shares were 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 Stock Up 4.7%

Shares of NASDAQ:DDOG opened at $260.36 on Wednesday. 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 business has a fifty day moving average of $205.78 and a two-hundred day moving average of $153.66. The stock has a market cap of $92.68 billion, a P/E ratio of 685.18, a PEG ratio of 25.27 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:DDOG) last posted its quarterly 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. The business had revenue of $1.01 billion for 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%.The company’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. On average, research analysts expect that Datadog, Inc. will post 0.64 earnings per share for the current year.

Institutional Investors Weigh In On Datadog

Institutional investors and hedge funds have recently made changes to their positions in the stock. JPL Wealth Management LLC acquired a new stake in Datadog in the 3rd quarter valued at approximately $27,000. CoreCap Advisors LLC lifted its stake in Datadog by 1,461.5% during the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after purchasing an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new position in shares of Datadog during the fourth quarter worth $31,000. NBC Securities Inc. boosted its position in shares of Datadog by 242.6% during the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after buying an additional 165 shares during the period. Finally, Rothschild Investment LLC grew its stake in shares of Datadog by 52.5% in the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after buying an additional 94 shares in the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog announced the acquisition of Adaptive ML, a frontier AI startup, to strengthen its AI research and development efforts and expand its AI lab capabilities in observability and security. Datadog Acquires Adaptive ML to Accelerate Its Investment in AI Research and Development
• Positive Sentiment: Bernstein reiterated a Buy rating on Datadog, adding to a broader wave of analyst optimism and price target increases that has helped support the stock. Datadog (DDOG) Receives a Buy from Bernstein
• Positive Sentiment: Analysts continue to view Datadog favorably overall, with recent target hikes and a consensus “Moderate Buy” rating signaling expectations for further upside. Datadog, Inc. (NASDAQ:DDOG) Receives Average Rating of “Moderate Buy” from Analysts
• Neutral Sentiment: Datadog received increased attention from investors and market-watchers, which reflects elevated interest but does not by itself change the fundamental outlook. Datadog, Inc. (DDOG) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: A director sold 20,000 shares under a pre-arranged 10b5-1 plan, which is worth noting but is not necessarily a bearish signal on its own. Datadog (NASDAQ:DDOG) Director Sells 20,000 Shares of Stock

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Rosenblatt Securities increased their price target on shares of Datadog from $178.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Oppenheimer lifted their price target on shares of Datadog from $200.00 to $220.00 in a research report on Thursday, May 7th. Canaccord Genuity Group upped their price objective on Datadog from $225.00 to $250.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. Rothschild & Co Redburn started 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. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $226.00 target price on shares of Datadog in a research note on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Datadog has an average rating of “Moderate Buy” and an average target price of $242.09.

About Datadog

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.