Datadog (NASDAQ:DDOG) CRO Sean Michael Walters Sells 13,575 Shares of Stock

Datadog, Inc. (NASDAQ:DDOG) CRO Sean Walters sold 13,575 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $212.90, for a total transaction of $2,890,117.50. Following the completion of the sale, the executive owned 244,845 shares in the company, valued at approximately $52,127,500.50. This trade represents a 5.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sean Michael Walters also recently made the following trade(s):

• On Thursday, June 11th, Sean Walters sold 11,876 shares of Datadog stock. The stock was sold at an average price of $231.02, for a total value of $2,743,593.52.

Datadog Stock Down 0.9%

NASDAQ:DDOG traded down $1.83 during trading hours on Friday, reaching $212.93. 2,493,749 shares of the company traded hands, compared to its average volume of 5,499,505. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $292.72. The stock has a market capitalization of $76.46 billion, a P/E ratio of 434.56, a P/E/G ratio of 20.49 and a beta of 1.49. The business’s 50-day moving average price is $250.18 and its two-hundred day moving average price is $193.14. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.07. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.Datadog’s quarterly revenue was up 35.6% 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 Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Analysts predict that Datadog, Inc. will post 0.7 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. TD Cowen increased their price target on shares of Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Capital One Financial increased their target price on Datadog from $217.00 to $268.00 and gave the company an “overweight” rating in a research note on Wednesday, June 17th. Arete Research lifted their target price on Datadog from $260.00 to $340.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Morgan Stanley boosted their price target on Datadog from $225.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 28th. Finally, BMO Capital Markets set a $300.00 price objective on shares of Datadog in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $276.32.

Institutional Investors Weigh In On Datadog

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System raised its stake in Datadog by 27,002.8% during the 2nd quarter. California State Teachers Retirement System now owns 121,189,509 shares of the company’s stock worth $31,552,901,000 after acquiring an additional 120,742,361 shares during the period. State Street Corp lifted its stake in shares of Datadog by 106.8% during the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock valued at $1,955,547,000 after buying an additional 7,091,075 shares in the last quarter. Norges Bank bought a new position in Datadog in the 4th quarter worth $469,461,000. Invesco Ltd. increased its stake in Datadog by 119.2% in the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock worth $580,383,000 after buying an additional 2,216,402 shares in the last quarter. Finally, Employees Provident Fund Board bought a new stake in Datadog during the fourth quarter valued at about $251,582,000. 78.29% of the stock is owned by hedge funds and other institutional investors.

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.