Key Points
- Datadog CEO Olivier Pomel sold 84,698 shares on May 26 at an average price of $223.58, totaling about $18.94 million. The sale was made under a pre-arranged Rule 10b5-1 plan.
- Pomel has also sold shares several times in recent months, including a larger sale of 127,141 shares on May 11. After the latest transaction, his ownership fell by about 10.14% to 750,981 shares.
- Datadog reported strong quarterly results, with EPS of $0.60 versus $0.51 expected and revenue of $1.01 billion, up 32.1% year over year. Analysts remain broadly bullish, with a consensus rating of Moderate Buy and an average price target of $219.69.
Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CEO Olivier Pomel sold 84,698 shares of the company's stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $223.58, for a total transaction of $18,936,778.84. Following the sale, the chief executive officer owned 750,981 shares in the company, valued at $167,904,331.98. The trade was a 10.14% decrease in their ownership of the stock. 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.
Olivier Pomel also recently made the following trade(s):
- On Monday, May 11th, Olivier Pomel sold 127,141 shares of Datadog stock. The stock was sold at an average price of $199.84, for a total transaction of $25,407,857.44.
- On Thursday, April 9th, Olivier Pomel sold 42,443 shares of Datadog stock. The stock was sold at an average price of $111.14, for a total transaction of $4,717,115.02.
- On Monday, March 16th, Olivier Pomel sold 42,443 shares of Datadog stock. The stock was sold at an average price of $126.80, for a total transaction of $5,381,772.40.
- On Monday, March 2nd, Olivier Pomel sold 68,922 shares of Datadog stock. The stock was sold at an average price of $110.54, for a total transaction of $7,618,637.88.
Datadog Stock Up 1.5%
DDOG stock opened at $225.24 on Friday. The company's 50 day moving average price is $151.89 and its 200 day moving average price is $142.34. 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, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $235.00. The firm has a market capitalization of $80.18 billion, a price-to-earnings ratio of 592.75, a PEG ratio of 41.56 and a beta of 1.30.
Datadog (NASDAQ:DDOG - Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same period in the prior year, the firm earned $0.46 earnings per share. The business's quarterly revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, equities research analysts anticipate that Datadog, Inc. will post 0.61 EPS for the current fiscal year.
Institutional Investors Weigh In On Datadog
Large investors have recently modified their holdings of the company. Elevation Point Wealth Partners LLC boosted its position in shares of Datadog by 3.3% in the 3rd 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 boosted its position in shares of Datadog by 1.6% in the 4th 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 boosted its position in Datadog by 2.8% during the 3rd quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company's stock worth $383,000 after acquiring an additional 74 shares during the period. Westside Investment Management Inc. boosted its position in Datadog by 74.3% during the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company's stock worth $27,000 after acquiring an additional 75 shares during the period. Finally, State of Wyoming boosted its position in Datadog by 4.1% during the 1st quarter. State of Wyoming now owns 1,946 shares of the company's stock worth $230,000 after acquiring an additional 76 shares during the period. 78.29% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on the stock. Raymond James Financial increased their price target on shares of Datadog from $170.00 to $220.00 in a research note on Thursday, May 7th. Monness Crespi & Hardt increased their price target on shares of Datadog from $255.00 to $270.00 in a research note on Thursday, May 7th. Needham & Company LLC increased their price target on shares of Datadog from $155.00 to $225.00 and gave the company a "buy" rating in a research note on Friday, May 8th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $250.00 price target on shares of Datadog in a research note on Friday. Finally, BTIG Research increased their price target on shares of Datadog from $212.00 to $255.00 and gave the company a "buy" rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $219.69.
View Our Latest Analysis on DDOG
Key Headlines Impacting Datadog
Here are the key news stories impacting Datadog this week:
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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