Datadog, Inc. (NASDAQ:DDOG - Get Free Report) Director Amit Agarwal sold 20,000 shares of the firm's stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $131.47, for a total value of $2,629,400.00. Following the transaction, the director directly owned 1,640 shares in the company, valued at approximately $215,610.80. The trade was a 92.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amit Agarwal also recently made the following trade(s):
- On Wednesday, April 15th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $120.00, for a total value of $2,400,000.00.
- On Monday, April 20th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $125.98, for a total value of $2,519,600.00.
- On Wednesday, April 8th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $122.28, for a total value of $2,445,600.00.
- On Wednesday, April 1st, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $120.53, for a total value of $2,410,600.00.
- On Monday, March 23rd, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $127.36, for a total value of $2,547,200.00.
- On Monday, March 16th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $126.73, for a total value of $2,534,600.00.
- On Monday, March 9th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $124.81, for a total value of $2,496,200.00.
Datadog Stock Performance
NASDAQ DDOG opened at $133.98 on Thursday. The company has a quick ratio of 3.38, a current ratio of 3.38 and a debt-to-equity ratio of 0.26. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $201.69. The business's 50-day moving average price is $121.07 and its 200 day moving average price is $137.27. The firm has a market cap of $47.24 billion, a P/E ratio of 432.19, a P/E/G ratio of 48.02 and a beta of 1.29.
Datadog (NASDAQ:DDOG - Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.04. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The firm had revenue of $953.19 million for the quarter, compared to analyst estimates of $916.53 million. During the same quarter last year, the company posted $0.49 earnings per share. The business's revenue was up 29.2% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. On average, equities research analysts expect that Datadog, Inc. will post 0.32 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on the company. Wall Street Zen lowered Datadog from a "buy" rating to a "hold" rating in a report on Saturday, January 17th. Rothschild & Co Redburn assumed coverage on Datadog in a report on Thursday, April 23rd. They set a "buy" rating and a $170.00 price target on the stock. Barclays lowered their price target on Datadog from $165.00 to $148.00 and set an "overweight" rating on the stock in a report on Monday, April 20th. Wedbush lowered their price target on Datadog from $215.00 to $190.00 and set an "outperform" rating on the stock in a report on Wednesday, February 11th. Finally, Daiwa Securities Group assumed coverage on Datadog in a report on Tuesday, January 27th. They set a "buy" rating and a $190.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $177.20.
View Our Latest Stock Analysis on Datadog
Institutional Investors Weigh In On Datadog
A number of hedge funds have recently added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC lifted its position in Datadog by 3.3% in the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company's stock valued at $242,000 after purchasing an additional 55 shares during the period. Chicago Partners Investment Group LLC lifted its position in Datadog by 1.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company's stock valued at $622,000 after purchasing an additional 73 shares during the period. Vivaldi Capital Management LP lifted its position in Datadog by 2.8% in the third quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company's stock valued at $383,000 after purchasing an additional 74 shares during the period. Westside Investment Management Inc. lifted its position in Datadog by 74.3% in the third quarter. Westside Investment Management Inc. now owns 176 shares of the company's stock valued at $27,000 after purchasing an additional 75 shares during the period. Finally, Farther Finance Advisors LLC lifted its position in Datadog by 2.0% in the fourth quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company's stock valued at $529,000 after purchasing an additional 78 shares during the period. Institutional investors and hedge funds own 78.29% of the company's stock.
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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