Key Points
- Datadog CEO Olivier Pomel sold 11,195 shares on December 17 at an average price of $137.93 for proceeds of $1.54 million, leaving him with 518,133 shares (a 2.11% reduction of his position).
- The December sale is part of a broader pattern of insider selling by Pomel across October–December, in multiple tranches that totaled tens of millions of dollars in proceeds, signalling sustained insider liquidation activity.
- By contrast, Datadog recently beat Q3 earnings and raised FY2025 guidance, and analysts remain largely bullish (consensus "Moderate Buy" with an average target around $207.78), while the stock trades near $138 with a market cap of about $48.5 billion.
Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CEO Olivier Pomel sold 11,195 shares of the company's stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $137.93, for a total transaction of $1,544,126.35. Following the sale, the chief executive officer directly owned 518,133 shares of the company's stock, valued at $71,466,084.69. The trade was a 2.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Olivier Pomel also recently made the following trade(s):
- On Wednesday, December 3rd, Olivier Pomel sold 32,923 shares of Datadog stock. The stock was sold at an average price of $154.63, for a total transaction of $5,090,883.49.
- On Tuesday, December 2nd, Olivier Pomel sold 15,225 shares of Datadog stock. The shares were sold at an average price of $158.60, for a total transaction of $2,414,685.00.
- On Monday, November 17th, Olivier Pomel sold 100,754 shares of Datadog stock. The stock was sold at an average price of $181.18, for a total transaction of $18,254,609.72.
- On Monday, November 17th, Olivier Pomel sold 100,754 shares of Datadog stock. The stock was sold at an average price of $181.18, for a total value of $18,254,609.72.
- On Monday, November 3rd, Olivier Pomel sold 62,682 shares of Datadog stock. The shares were sold at an average price of $163.90, for a total value of $10,273,579.80.
- On Wednesday, October 22nd, Olivier Pomel sold 11,195 shares of Datadog stock. The stock was sold at an average price of $154.35, for a total value of $1,727,948.25.
- On Tuesday, October 7th, Olivier Pomel sold 32,923 shares of Datadog stock. The stock was sold at an average price of $154.43, for a total value of $5,084,298.89.
- On Thursday, October 9th, Olivier Pomel sold 63,939 shares of Datadog stock. The shares were sold at an average price of $165.02, for a total value of $10,551,213.78.
- On Wednesday, October 8th, Olivier Pomel sold 25,620 shares of Datadog stock. The stock was sold at an average price of $165.01, for a total value of $4,227,556.20.
Datadog Trading Up 0.2%
Shares of DDOG stock opened at $138.32 on Friday. The company has a current ratio of 3.66, a quick 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's 50-day moving average price is $159.10 and its 200-day moving average price is $145.89. The stock has a market cap of $48.50 billion, a price-to-earnings ratio of 446.19, a PEG ratio of 30.15 and a beta of 1.23.
Datadog (NASDAQ:DDOG - Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.10. Datadog had a net margin of 3.32% and a return on equity of 4.14%. The firm had revenue of $885.65 million during the quarter, compared to analysts' expectations of $852.77 million. During the same period last year, the business earned $0.46 earnings per share. Datadog's revenue was up 28.4% compared to the same quarter last year. 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, equities analysts predict that Datadog, Inc. will post 0.34 earnings per share for the current year.
Hedge Funds Weigh In On Datadog
Hedge funds and other institutional investors have recently bought and sold shares of the company. New Mexico Educational Retirement Board acquired a new stake in shares of Datadog during the third quarter worth about $2,051,000. Allworth Financial LP lifted its holdings in Datadog by 5.1% during the 3rd quarter. Allworth Financial LP now owns 2,249 shares of the company's stock worth $320,000 after buying an additional 109 shares in the last quarter. IFP Advisors Inc boosted its position in Datadog by 2.6% in the 3rd quarter. IFP Advisors Inc now owns 14,712 shares of the company's stock valued at $2,098,000 after buying an additional 369 shares during the period. Swiss Life Asset Management Ltd grew its stake in shares of Datadog by 10.4% in the third quarter. Swiss Life Asset Management Ltd now owns 28,126 shares of the company's stock worth $4,005,000 after acquiring an additional 2,651 shares in the last quarter. Finally, BlueCrest Capital Management Ltd purchased a new stake in shares of Datadog during the third quarter worth $2,599,000. 78.29% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research analysts recently weighed in on the company. Scotiabank increased their price objective on Datadog from $150.00 to $217.00 and gave the stock a "sector outperform" rating in a research report on Friday, November 7th. The Goldman Sachs Group increased their price target on Datadog from $165.00 to $225.00 and gave the stock a "buy" rating in a report on Friday, November 7th. Bank of America raised their price objective on Datadog from $180.00 to $215.00 and gave the stock a "buy" rating in a research report on Friday, November 7th. Cantor Fitzgerald upped their target price on shares of Datadog from $179.00 to $220.00 and gave the company an "overweight" rating in a research report on Friday, November 7th. Finally, DA Davidson increased their target price on shares of Datadog from $180.00 to $225.00 and gave the stock a "buy" rating in a research note on Friday, November 7th. Thirty-one analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $207.78.
Check Out Our Latest Stock Analysis on Datadog
Datadog Company Profile
(
Get Free Report)
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.
Further Reading
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