Key Points
- Datadog director Titilope Cole sold 5,131 shares on June 4 at an average price of $247.87, totaling about $1.27 million. After the sale, her holdings dropped to 1,216 shares, an 80.84% decrease in ownership.
- Datadog’s recent operating results were strong: the company beat earnings and revenue estimates in its latest quarter, with revenue rising 32.1% year over year. It also issued FY2026 and Q2 2026 guidance above many expectations.
- Wall Street remains broadly positive on DDOG, with multiple analyst upgrades and a consensus rating of Moderate Buy. The consensus price target is $220.17, though the stock was trading above that level in the article.
Datadog, Inc. (NASDAQ:DDOG - Get Free Report) Director Titilope Cole sold 5,131 shares of the company's stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $247.87, for a total transaction of $1,271,820.97. Following the sale, the director owned 1,216 shares in the company, valued at $301,409.92. This represents a 80.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Datadog Stock Down 1.0%
Shares of NASDAQ DDOG opened at $231.68 on Tuesday. The firm's 50-day moving average price is $169.25 and its 200-day moving average price is $145.42. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $82.47 billion, a price-to-earnings ratio of 609.70, a P/E/G ratio of 25.07 and a beta of 1.56. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $278.70.
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, beating the consensus estimate of $0.51 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business's revenue was up 32.1% compared to the same quarter last year. During the same period in the prior year, the company 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. On average, equities research analysts anticipate that Datadog, Inc. will post 0.61 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
DDOG has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Datadog from a "hold" rating to a "buy" rating in a research report on Saturday, May 16th. Needham & Company LLC raised their price objective on shares of Datadog from $155.00 to $225.00 and gave the stock a "buy" rating in a research note on Friday, May 8th. UBS Group raised their price objective on shares of Datadog from $195.00 to $220.00 and gave the stock a "buy" rating in a research note on Friday, May 8th. DA Davidson set a $250.00 price objective on shares of Datadog in a research note on Friday, May 22nd. Finally, Truist Financial raised their price objective 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. One research 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 given a Sell rating to the company. According to MarketBeat.com, Datadog presently has a consensus rating of "Moderate Buy" and a consensus price target of $220.17.
Check Out Our Latest Stock Report on DDOG
Hedge Funds Weigh In On Datadog
A number of institutional investors have recently modified their holdings of the stock. Elevation Point Wealth Partners LLC increased its position in shares of Datadog by 3.3% during the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company's stock worth $242,000 after acquiring an additional 55 shares during the period. Chicago Partners Investment Group LLC increased its position in shares of Datadog by 1.6% during the fourth quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company's stock worth $622,000 after acquiring an additional 73 shares during the period. Vivaldi Capital Management LP increased its position in shares of Datadog by 2.8% during the third 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. State of Wyoming increased its position in shares of Datadog by 4.1% during the first 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. Finally, Farther Finance Advisors LLC increased its position in shares of Datadog by 2.0% during the fourth quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company's stock worth $529,000 after acquiring an additional 78 shares during the period. 78.29% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Datadog
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Bank of America raised its price target on Datadog to $280 from $260 and reiterated a Buy rating, implying meaningful upside from recent trading levels. Benzinga article
- Positive Sentiment: Multiple analyst-writeups this morning highlighted Datadog as a buy candidate, reinforcing the view that Wall Street remains constructive on the company’s growth outlook. Zacks article
- Neutral Sentiment: A Yahoo Finance preview says investors should “mark their calendars for June 9,” suggesting an upcoming catalyst or event that could move the stock, though the article details are not yet clear. Yahoo Finance article
- Neutral Sentiment: Recent commentary has emphasized Datadog’s strong year-to-date rally and improved growth narrative after its beat-and-raise earnings report, which continues to support the stock’s premium valuation. Seeking Alpha article
- Negative Sentiment: Insider selling has been a drag on sentiment: Director Titilope Cole sold 5,131 shares, cutting her stake by more than 80%, adding to a cluster of recent executive sales at Datadog. SEC filing
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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