Datadog, Inc. (NASDAQ:DDOG - Get Free Report) insider Madre Armelle De sold 600 shares of the firm's stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $125.34, for a total value of $75,204.00. Following the sale, the insider now owns 100,353 shares in the company, valued at $12,578,245.02. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Madre Armelle De also recently made the following trade(s):
- On Tuesday, March 12th, Madre Armelle De sold 4,276 shares of Datadog stock. The shares were sold at an average price of $121.79, for a total value of $520,774.04.
- On Monday, March 4th, Madre Armelle De sold 12,654 shares of Datadog stock. The shares were sold at an average price of $128.58, for a total value of $1,627,051.32.
Datadog Trading Up 0.3 %
NASDAQ:DDOG opened at $125.82 on Thursday. Datadog, Inc. has a 12-month low of $62.60 and a 12-month high of $138.61. The firm has a market capitalization of $41.76 billion, a P/E ratio of 1,048.50 and a beta of 1.15. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.17 and a quick ratio of 3.17. The business has a 50 day simple moving average of $126.66 and a 200 day simple moving average of $114.15.
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Datadog (NASDAQ:DDOG - Get Free Report) last released its quarterly earnings data on Tuesday, February 13th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.01. Datadog had a return on equity of 3.79% and a net margin of 2.28%. The business had revenue of $589.65 million during the quarter, compared to analyst estimates of $568.73 million. During the same quarter in the previous year, the firm posted ($0.08) EPS. The business's revenue for the quarter was up 25.6% compared to the same quarter last year. Equities research analysts predict that Datadog, Inc. will post -0.14 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Anchor Investment Management LLC acquired a new position in Datadog during the 4th quarter valued at approximately $25,000. Raleigh Capital Management Inc. acquired a new position in Datadog during the 4th quarter valued at approximately $29,000. BluePath Capital Management LLC acquired a new position in Datadog during the 3rd quarter worth $31,000. Private Trust Co. NA boosted its position in Datadog by 743.3% during the 4th quarter. Private Trust Co. NA now owns 253 shares of the company's stock worth $31,000 after acquiring an additional 223 shares during the period. Finally, Jones Financial Companies Lllp acquired a new position in Datadog during the 4th quarter worth $33,000. Institutional investors and hedge funds own 78.29% of the company's stock.
Wall Street Analyst Weigh In
Several research firms have issued reports on DDOG. Wolfe Research lifted their price objective on Datadog from $140.00 to $150.00 and gave the stock an "outperform" rating in a report on Wednesday, February 14th. Citigroup lifted their price objective on Datadog from $125.00 to $150.00 and gave the stock a "buy" rating in a report on Monday, January 22nd. Truist Financial lifted their price objective on Datadog from $140.00 to $155.00 and gave the stock a "buy" rating in a report on Wednesday, February 14th. BMO Capital Markets restated an "outperform" rating and set a $155.00 price objective (up from $140.00) on shares of Datadog in a report on Wednesday, February 14th. Finally, Robert W. Baird lifted their price objective on Datadog from $120.00 to $130.00 and gave the stock a "neutral" rating in a report on Wednesday, February 14th. Six research analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $130.33.
Get Our Latest Research Report on Datadog
Datadog Company Profile
(
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Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.
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