Datadog (NASDAQ:DDOG) General Counsel Sells $795,854.80 in Stock

Key Points

  • Datadog CEO Olivier Pomel sold 32,923 shares on Dec. 3 at an average price of $154.63 for a total of $5,090,883.49, leaving him with 518,133 shares valued at about $80.12 million (a 5.97% reduction in his position).
  • Pomel has executed multiple large insider sales since September — including significant transactions in October and November — representing cumulative disposals of tens of millions of dollars over recent months.
  • Datadog recently beat Q3 estimates (EPS $0.55 vs. $0.45 expected; revenue $885.7M vs. $852.8M) with revenue up 28.4% year‑over‑year, provided FY2025 EPS guidance of 2.000–2.020, and has seen several analyst price‑target increases (consensus target ≈ $207.38).

Datadog, Inc. (NASDAQ:DDOG - Get Free Report) General Counsel Kerry Acocella sold 5,018 shares of the firm's stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $158.60, for a total value of $795,854.80. Following the transaction, the general counsel owned 88,401 shares in the company, valued at approximately $14,020,398.60. This trade represents a 5.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Datadog Stock Performance

Shares of NASDAQ:DDOG opened at $152.06 on Friday. The firm's 50 day simple moving average is $162.51 and its 200 day simple moving average is $142.97. Datadog, Inc. has a fifty-two week low of $81.63 and a fifty-two week high of $201.69. The company has a market capitalization of $53.32 billion, a price-to-earnings ratio of 491.40, a P/E/G ratio of 35.37 and a beta of 1.23. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.66 and a quick ratio of 3.66.




Datadog (NASDAQ:DDOG - Get Free Report) last issued 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. The firm had revenue of $885.65 million during the quarter, compared to analysts' expectations of $852.77 million. Datadog had a net margin of 3.32% and a return on equity of 4.14%. The business's revenue for the quarter was up 28.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.46 earnings per share. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS and its Q4 2025 guidance at 0.54-0.56 EPS. As a group, sell-side analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current year.

Institutional Investors Weigh In On Datadog

Hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in Datadog during the 4th quarter worth approximately $209,000. Bison Wealth LLC bought a new stake in shares of Datadog in the fourth quarter worth $228,000. LPL Financial LLC lifted its position in shares of Datadog by 6.8% in the first quarter. LPL Financial LLC now owns 162,562 shares of the company's stock worth $16,128,000 after purchasing an additional 10,319 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Datadog by 1.8% during the first quarter. PNC Financial Services Group Inc. now owns 18,514 shares of the company's stock worth $1,837,000 after purchasing an additional 322 shares during the last quarter. Finally, ING Groep NV bought a new position in Datadog in the first quarter valued at $1,053,000. Institutional investors and hedge funds own 78.29% of the company's stock.

Analyst Upgrades and Downgrades

DDOG has been the topic of several research analyst reports. Citigroup raised their price objective on Datadog from $170.00 to $230.00 and gave the stock a "buy" rating in a research note on Wednesday, November 12th. Royal Bank Of Canada raised their price target on Datadog from $182.00 to $216.00 and gave the stock an "outperform" rating in a research report on Friday, November 7th. Wells Fargo & Company lifted their price objective on Datadog from $190.00 to $230.00 and gave the company an "overweight" rating in a report on Friday, November 7th. Morgan Stanley increased their target price on Datadog from $165.00 to $180.00 and gave the stock an "equal weight" rating in a research note on Friday, November 7th. Finally, CIBC upgraded shares of Datadog from a "neutral" rating to a "sector outperform" rating and set a $240.00 target price on the stock in a report on Friday, November 7th. Thirty-one investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $207.38.

View Our Latest Research Report on Datadog

Datadog Company Profile

(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.

Featured Stories

Insider Buying and Selling by Quarter for Datadog (NASDAQ:DDOG)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Datadog?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Datadog and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles