Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CRO Sean Michael Walters sold 11,876 shares of Datadog stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $231.02, for a total value of $2,743,593.52. Following the sale, the executive directly owned 258,420 shares in the company, valued at $59,700,188.40. This trade represents a 4.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Sean Michael Walters also recently made the following trade(s):
- On Tuesday, June 2nd, Sean Michael Walters sold 13,409 shares of Datadog stock. The stock was sold at an average price of $267.15, for a total value of $3,582,214.35.
- On Thursday, May 7th, Sean Michael Walters sold 7,657 shares of Datadog stock. The shares were sold at an average price of $188.50, for a total transaction of $1,443,344.50.
- On Tuesday, May 5th, Sean Michael Walters sold 1,914 shares of Datadog stock. The shares were sold at an average price of $150.00, for a total transaction of $287,100.00.
Datadog Price Performance
DDOG stock opened at $233.09 on Tuesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The company's fifty day moving average price is $180.54 and its 200-day moving average price is $147.82. Datadog, Inc. has a one year low of $98.01 and a one year high of $278.70. The company has a market capitalization of $82.97 billion, a PE ratio of 613.41, a price-to-earnings-growth ratio of 24.62 and a beta of 1.56.
Datadog (NASDAQ:DDOG - Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.09. The company had revenue of $1.01 billion during 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%. Datadog's quarterly revenue was up 32.1% on a year-over-year basis. During the same period last year, the company posted $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. On average, equities analysts anticipate that Datadog, Inc. will post 0.61 EPS for the current fiscal year.
Institutional Investors Weigh In On Datadog
Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased 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 last quarter. Price T Rowe Associates Inc. MD boosted its stake in Datadog by 7.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company's stock worth $1,961,496,000 after buying an additional 956,993 shares during the period. State Street Corp boosted its stake in Datadog by 106.8% during the third quarter. State Street Corp now owns 13,732,777 shares of the company's stock worth $1,955,547,000 after buying an additional 7,091,075 shares during the period. Geode Capital Management LLC increased its position in Datadog by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company's stock valued at $1,227,184,000 after acquiring an additional 197,816 shares during the last quarter. Finally, Janus Henderson Group PLC raised its stake in shares of Datadog by 22.8% in the first quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company's stock valued at $905,570,000 after acquiring an additional 1,439,082 shares during the period. 78.29% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the company. Jefferies Financial Group upgraded Datadog from a "buy" rating to a "buy" rating in a research report on Monday. Canaccord Genuity Group lifted their price objective on Datadog from $225.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, June 10th. BMO Capital Markets reiterated an "outperform" rating and set a $260.00 target price on shares of Datadog in a research report on Friday. Sanford C. Bernstein reissued an "outperform" rating on shares of Datadog in a report on Friday. Finally, DA Davidson set a $250.00 price target on shares of Datadog in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $234.14.
View Our Latest Research Report on Datadog
Key Stories Impacting Datadog
Here are the key news stories impacting Datadog this week:
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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