Datadog (NASDAQ:DDOG) CTO Alexis Le-Quoc Sells 21,506 Shares

Key Points

  • Datadog CTO Alexis Le-Quoc sold 21,506 shares on June 2 at an average price of $267.15, for proceeds of about $5.75 million. The sale was part of a pre-arranged 10b5-1 plan and was tied to tax withholding from vested equity awards.
  • The filing comes after a series of recent insider sales by Le-Quoc, including multiple large transactions in March, April, May, and June. Despite the selling, he still directly owns 509,805 shares valued at about $136.2 million after the latest trade.
  • Datadog’s stock has been strong, recently opening at $250.33 and sitting near its 52-week high of $278.70. The company also reported better-than-expected quarterly results, with earnings and revenue both topping estimates and revenue rising 32.1% year over year.

Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CTO Alexis Le-Quoc sold 21,506 shares of the business's stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $267.15, for a total transaction of $5,745,327.90. Following the sale, the chief technology officer directly owned 509,805 shares in the company, valued at $136,194,405.75. This trade represents a 4.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alexis Le-Quoc also recently made the following trade(s):

  • On Monday, June 1st, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $271.05, for a total transaction of $14,612,847.60.
  • On Monday, May 18th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The stock was sold at an average price of $208.04, for a total transaction of $8,992,320.96.
  • 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.

Datadog Stock Down 7.0%




Datadog stock opened at $250.33 on Thursday. The firm has a market capitalization of $89.11 billion, a PE ratio of 658.78, a P/E/G ratio of 28.82 and a beta of 1.56. The company's 50-day moving average is $162.46 and its 200-day moving average is $144.24. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40.

Datadog (NASDAQ:DDOG - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.09. The company had revenue of $1.01 billion for 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%. Datadog's revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.46 EPS. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Sell-side analysts anticipate that Datadog, Inc. will post 0.61 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in DDOG. Rothschild Investment LLC grew its position in shares of Datadog by 126.6% during the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company's stock worth $25,000 after purchasing an additional 100 shares in the last quarter. Physician Wealth Advisors Inc. grew its position in shares of Datadog by 315.2% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company's stock worth $27,000 after purchasing an additional 145 shares in the last quarter. Westside Investment Management Inc. grew its position in shares of 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 purchasing an additional 75 shares in the last quarter. JPL Wealth Management LLC acquired a new position in shares of Datadog during the 3rd quarter worth approximately $27,000. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of Datadog during the 3rd quarter worth approximately $28,000. Institutional investors and hedge funds own 78.29% of the company's stock.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DDOG. Bank of America boosted their price objective on shares of Datadog from $225.00 to $260.00 in a research note on Thursday, May 28th. Scotiabank boosted their price objective on shares of Datadog from $160.00 to $225.00 and gave the stock an "outperform" rating in a research note on Friday, May 8th. BTIG Research upped 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, May 26th. Rosenblatt Securities raised their price objective on shares of Datadog from $178.00 to $220.00 and gave the stock a "buy" rating in a research report on Friday, May 8th. Finally, Guggenheim boosted their price objective on Datadog from $175.00 to $225.00 and gave the stock a "buy" rating in a report on Thursday, May 7th. One equities 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, the stock presently has an average rating of "Moderate Buy" and an average target price of $219.69.

View 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.

Recommended Stories

Insider Buying and Selling by Quarter for Datadog (NASDAQ:DDOG)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Datadog?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Datadog and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles