Key Points
- Director Matthew Jacobson sold 31,810 shares on Nov. 11 at $200.14 each for $6,366,453.40, part of a string of recent insider sales that total roughly $188.4 million.
- Datadog beat quarterly estimates with EPS of $0.55 (vs. $0.45 expected) and revenue of $885.65M (+28.4% YoY), and set FY2025 EPS guidance of 2.000–2.020.
- Analysts remain generally bullish with a consensus rating of Moderate Buy and an average price target around $207.38; the stock trades near its 12‑month high (~$201.69) with a market cap of about $64.9B and a very high P/E (~600).
Datadog, Inc. (NASDAQ:DDOG - Get Free Report) Director Matthew Jacobson sold 31,810 shares of the firm's stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $200.14, for a total value of $6,366,453.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Matthew Jacobson also recently made the following trade(s):
- On Monday, November 10th, Matthew Jacobson sold 404,306 shares of Datadog stock. The stock was sold at an average price of $199.60, for a total value of $80,699,477.60.
- On Wednesday, August 27th, Matthew Jacobson sold 107,648 shares of Datadog stock. The shares were sold at an average price of $130.01, for a total transaction of $13,995,316.48.
- On Tuesday, August 26th, Matthew Jacobson sold 575,863 shares of Datadog stock. The stock was sold at an average price of $126.96, for a total transaction of $73,111,566.48.
- On Monday, August 25th, Matthew Jacobson sold 59,965 shares of Datadog stock. The shares were sold at an average price of $128.60, for a total transaction of $7,711,499.00.
- On Friday, August 22nd, Matthew Jacobson sold 49,123 shares of Datadog stock. The shares were sold at an average price of $132.01, for a total transaction of $6,484,727.23.
Datadog Stock Performance
Datadog stock opened at $185.97 on Friday. The firm has a fifty day simple moving average of $154.65 and a two-hundred day simple moving average of $137.31. The company has a quick ratio of 3.43, a current ratio of 3.66 and a debt-to-equity ratio of 0.29. Datadog, Inc. has a twelve month low of $81.63 and a twelve month high of $201.69. The company has a market capitalization of $64.86 billion, a PE ratio of 599.90, a P/E/G ratio of 55.35 and a beta of 1.20.
Datadog (NASDAQ:DDOG - Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.10. Datadog had a return on equity of 4.14% and a net margin of 3.32%.The firm had revenue of $885.65 million for the quarter, compared to analysts' expectations of $852.77 million. During the same period last year, the firm earned $0.46 earnings per share. The company's revenue for the quarter was up 28.4% compared to the same quarter last year. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS. Q4 2025 guidance at 0.54-0.56 EPS. Research analysts expect that Datadog, Inc. will post 0.34 EPS for the current year.
Wall Street Analyst Weigh In
Several brokerages have weighed in on DDOG. Oppenheimer boosted their price objective on Datadog from $165.00 to $195.00 and gave the company an "outperform" rating in a research report on Friday, October 17th. Scotiabank upped their price target on shares of Datadog from $150.00 to $217.00 and gave the company a "sector outperform" rating in a report on Friday, November 7th. Capital One Financial increased their price target on shares of Datadog from $149.00 to $179.00 in a research report on Thursday, October 16th. BMO Capital Markets boosted their price objective on shares of Datadog from $154.00 to $215.00 and gave the company an "outperform" rating in a research report on Friday, November 7th. Finally, BNP Paribas Exane upped their price objective on shares of Datadog from $160.00 to $210.00 in a research note on Friday, November 7th. Thirty-one research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Datadog has a consensus rating of "Moderate Buy" and an average price target of $207.38.
Check Out Our Latest Stock Report on Datadog
Hedge Funds Weigh In On Datadog
Institutional investors have recently bought and sold shares of the stock. Westside Investment Management Inc. grew its holdings in shares of Datadog by 74.3% during the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company's stock worth $27,000 after acquiring an additional 75 shares during the period. Rothschild Investment LLC lifted its stake in shares of Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company's stock valued at $25,000 after purchasing an additional 100 shares during the period. Tripletail Wealth Management LLC bought a new stake in shares of Datadog during the third quarter valued at approximately $28,000. Physician Wealth Advisors Inc. grew its stake in Datadog by 315.2% in the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company's stock worth $27,000 after purchasing an additional 145 shares during the period. Finally, Hazlett Burt & Watson Inc. bought a new position in Datadog in the third quarter worth $28,000. 78.29% of the stock is owned by institutional investors.
About Datadog
(
Get Free Report)
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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