Key Points
- CTO Alexis Le-Quoc sold 32,418 shares on Dec. 29 at an average price of $137.85 (~$4.47M), leaving him with 301,458 shares and reducing his stake by 9.71%.
- Across five insider transactions in Nov–Dec he sold about 197,231 shares, generating roughly $32.5 million, signaling significant insider selling in recent weeks.
- Datadog recently beat quarterly estimates (EPS $0.55 vs. $0.45; revenue $885.7M, +28.4%), yet trades at a high valuation (P/E ~438.7) and carries a consensus Moderate Buy analyst rating with an average target of ~$207.78.
Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CTO Alexis Le-Quoc sold 32,418 shares of the business's stock in a transaction that occurred on Monday, December 29th. The shares were sold at an average price of $137.85, for a total value of $4,468,821.30. Following the completion of the sale, the chief technology officer directly owned 301,458 shares of the company's stock, valued at approximately $41,555,985.30. The trade was a 9.71% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Alexis Le-Quoc also recently made the following trade(s):
- On Monday, December 8th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $154.05, for a total transaction of $8,305,143.60.
- On Tuesday, December 2nd, Alexis Le-Quoc sold 13,765 shares of Datadog stock. The stock was sold at an average price of $158.60, for a total transaction of $2,183,129.00.
- On Monday, November 24th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The shares were sold at an average price of $158.49, for a total value of $6,850,571.76.
- On Tuesday, November 11th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $197.99, for a total value of $10,674,036.88.
Datadog Stock Down 1.1%
Shares of Datadog stock opened at $135.99 on Thursday. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $201.69. The company has a quick ratio of 3.66, a current ratio of 3.66 and a debt-to-equity ratio of 0.29. The stock has a 50 day moving average price of $157.99 and a two-hundred day moving average price of $146.42. The stock has a market capitalization of $47.69 billion, a P/E ratio of 438.68, a PEG ratio of 30.03 and a beta of 1.23.
Datadog (NASDAQ:DDOG - Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.10. Datadog had a net margin of 3.32% and a return on equity of 4.14%. The company had revenue of $885.65 million for the quarter, compared to analyst estimates of $852.77 million. During the same quarter last year, the firm posted $0.46 earnings per share. The company's quarterly 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. Equities analysts expect that Datadog, Inc. will post 0.34 earnings per share for the current year.
Institutional Trading of Datadog
Institutional investors and hedge funds have recently modified their holdings of the company. Callan Family Office LLC grew its stake in shares of Datadog by 145.6% in the 2nd quarter. Callan Family Office LLC now owns 22,680 shares of the company's stock valued at $3,047,000 after purchasing an additional 13,445 shares during the period. Munro Partners bought a new position in shares of Datadog during the 3rd quarter worth approximately $7,120,000. Vanguard Personalized Indexing Management LLC boosted its stake in Datadog by 30.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 24,062 shares of the company's stock valued at $3,232,000 after buying an additional 5,609 shares in the last quarter. Jefferies Financial Group Inc. grew its position in Datadog by 360.4% in the second quarter. Jefferies Financial Group Inc. now owns 77,018 shares of the company's stock valued at $10,346,000 after acquiring an additional 60,291 shares during the period. Finally, Goldstream Capital Management Ltd acquired a new position in Datadog during the second quarter worth $3,368,000. 78.29% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on DDOG shares. Moffett Nathanson reaffirmed a "buy" rating on shares of Datadog in a research report on Monday. Arete Research increased their target price on Datadog from $230.00 to $260.00 and gave the company a "buy" rating in a research note on Thursday, December 11th. Rosenblatt Securities raised their target price on Datadog from $170.00 to $200.00 and gave the company a "buy" rating in a report on Thursday, November 6th. BNP Paribas Exane upped their price target on Datadog from $160.00 to $210.00 in a report on Friday, November 7th. Finally, Cantor Fitzgerald increased their price objective on Datadog from $179.00 to $220.00 and gave the company an "overweight" rating in a research report on Friday, November 7th. Thirty-two equities 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 company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $207.78.
Read Our Latest Stock Report on DDOG
About Datadog
(
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.
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