Key Points
- Datadog CTO Alexis Le-Quoc sold 43,224 shares on May 18 at an average price of $208.04, for total proceeds of about $8.99 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
- After the transaction, Le-Quoc still held 531,311 shares valued at roughly $110.5 million, and the trade represented a 7.52% reduction in his position. He has also made several other sizeable sales in recent months.
- Datadog continues to show strong operating momentum, with quarterly EPS of $0.60 beating estimates and revenue rising 32.1% year over year to $1.01 billion. Analysts remain broadly positive, with a consensus rating of “Moderate Buy” and a target price of $213.38.
Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CTO Alexis Le-Quoc sold 43,224 shares of the company's stock in a transaction on Monday, May 18th. The stock was sold at an average price of $208.04, for a total transaction of $8,992,320.96. Following the completion of the transaction, the chief technology officer directly owned 531,311 shares in the company, valued at approximately $110,533,940.44. The trade was a 7.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Alexis Le-Quoc also recently made the following trade(s):
- On Monday, May 4th, Alexis Le-Quoc sold 43,106 shares of Datadog stock. The stock was sold at an average price of $144.93, for a total transaction of $6,247,352.58.
- On Wednesday, April 22nd, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The stock was sold at an average price of $130.84, for a total transaction of $5,655,428.16.
- On Monday, April 6th, Alexis Le-Quoc sold 32,300 shares of Datadog stock. The stock was sold at an average price of $116.46, for a total transaction of $3,761,658.00.
- On Monday, March 23rd, Alexis Le-Quoc sold 32,418 shares of Datadog stock. The stock was sold at an average price of $127.75, for a total transaction of $4,141,399.50.
- On Tuesday, March 10th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $125.49, for a total transaction of $6,765,416.88.
- On Monday, March 2nd, Alexis Le-Quoc sold 53,541 shares of Datadog stock. The stock was sold at an average price of $110.54, for a total transaction of $5,918,422.14.
Datadog Stock Down 1.4%
Shares of NASDAQ:DDOG opened at $212.24 on Thursday. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $220.35. The firm has a fifty day moving average of $140.37 and a 200 day moving average of $140.13. The firm has a market capitalization of $75.55 billion, a PE ratio of 558.54, a price-to-earnings-growth ratio of 68.66 and a beta of 1.30. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40.
Datadog (NASDAQ:DDOG - Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm's quarterly revenue was up 32.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, research analysts anticipate that Datadog, Inc. will post 0.36 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the stock. Weiss Ratings reissued a "sell (d+)" rating on shares of Datadog in a research note on Monday, April 20th. Truist Financial increased their price target on shares of Datadog from $120.00 to $190.00 and gave the stock a "hold" rating in a research note on Thursday, May 7th. Rothschild & Co Redburn initiated coverage on shares of Datadog in a research note on Thursday, April 23rd. They set a "buy" rating and a $170.00 target price for the company. UBS Group raised their target price on shares of Datadog from $195.00 to $220.00 and gave the company a "buy" rating in a research note on Friday, May 8th. Finally, Piper Sandler raised their target price on shares of Datadog from $195.00 to $230.00 in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $213.38.
Check Out Our Latest Report on DDOG
Institutional Investors Weigh In On Datadog
A number of institutional investors have recently made changes to their positions in DDOG. Hartford Investment Management Co. bought a new stake in shares of Datadog during the 3rd quarter valued at $2,689,000. IQ EQ FUND MANAGEMENT IRELAND Ltd raised its position in shares of Datadog by 134.5% during the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 31,142 shares of the company's stock valued at $4,435,000 after purchasing an additional 17,860 shares during the period. Vanguard Group Inc. raised its position in shares of Datadog by 30.3% during the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company's stock valued at $5,966,877,000 after purchasing an additional 9,748,738 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in shares of Datadog by 71.3% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 170,310 shares of the company's stock valued at $24,288,000 after purchasing an additional 70,888 shares during the period. Finally, Patton Fund Management Inc. raised its position in shares of Datadog by 1,964.8% during the 4th quarter. Patton Fund Management Inc. now owns 38,550 shares of the company's stock valued at $5,242,000 after purchasing an additional 36,683 shares during the period. Hedge funds and other institutional investors own 78.29% of the company's stock.
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.
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