Key Points
- Datadog director Michael James Callahan sold 12,500 shares on June 29 at an average price of $247.47, totaling about $3.09 million. The sale reduced his stake by 45.46% and was made under a pre-arranged Rule 10b5-1 plan.
- Datadog’s recent earnings beat expectations, with Q1 EPS of $0.60 versus the $0.51 estimate and revenue of $1.01 billion versus the $960.12 million forecast. Revenue rose 32.1% year over year, and the company also issued FY2026 guidance.
- Investor sentiment remains constructive despite insider sales, as analysts have continued to raise price targets and maintain favorable ratings. The company also recently announced the acquisition of Adaptive ML to expand its AI research and RLOps capabilities.
Datadog, Inc. (NASDAQ:DDOG - Get Free Report) Director Michael James Callahan sold 12,500 shares of the business's stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $247.47, for a total value of $3,093,375.00. Following the transaction, the director owned 14,996 shares of the company's stock, valued at $3,711,060.12. This trade represents a 45.46% decrease in their position. The sale was disclosed in a document filed 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.
Michael James Callahan also recently made the following trade(s):
- On Friday, June 12th, Michael James Callahan sold 112,500 shares of Datadog stock. The shares were sold at an average price of $231.60, for a total value of $26,055,000.00.
Datadog Trading Up 1.6%
Shares of NASDAQ DDOG opened at $264.48 on Thursday. 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 business's 50 day moving average price is $208.48 and its 200-day moving average price is $154.46. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The company has a market cap of $94.14 billion, a price-to-earnings ratio of 696.02, a PEG ratio of 26.47 and a beta of 1.54.
Datadog (NASDAQ:DDOG - Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $960.12 million. During the same quarter in the previous year, the business earned $0.46 EPS. Datadog's 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, sell-side analysts expect that Datadog, Inc. will post 0.64 earnings per share for the current year.
Institutional Investors Weigh In On Datadog
A number of institutional investors have recently added to or reduced their stakes in DDOG. JPL Wealth Management LLC purchased a new stake in shares of Datadog during the third quarter valued at about $27,000. CoreCap Advisors LLC boosted its stake in Datadog by 1,461.5% in the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company's stock valued at $28,000 after acquiring an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new position in Datadog in the fourth quarter worth $31,000. NBC Securities Inc. grew its holdings in Datadog by 242.6% in the fourth quarter. NBC Securities Inc. now owns 233 shares of the company's stock worth $32,000 after purchasing an additional 165 shares during the last quarter. Finally, Rothschild Investment LLC increased its position in shares of Datadog by 52.5% during the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company's stock worth $37,000 after purchasing an additional 94 shares in the last quarter. Institutional investors own 78.29% of the company's stock.
Key Stories Impacting Datadog
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Datadog announced it acquired Adaptive ML, a reinforcement-learning startup, to expand its AI research efforts and build out RLOps capabilities for enterprise AI agents and models. Datadog Acquires Adaptive ML to Accelerate Its Investment in AI Research and Development
- Positive Sentiment: Analyst coverage remains broadly constructive, with Bernstein reiterating an outperform rating and several other firms recently raising price targets, reinforcing investor confidence in Datadog’s growth outlook.
- Positive Sentiment: The stock has also benefited from broader strength in software names, with recent commentary highlighting Datadog as a possible winner as investors look past AI-disruption fears in SaaS.
- Neutral Sentiment: Recent insider sales by directors Michael James Callahan and Amit Agarwal were disclosed, but both were made under pre-arranged 10b5-1 trading plans, which makes them less likely to signal a change in fundamentals.
- Neutral Sentiment: Datadog’s latest earnings report was solid, with revenue and EPS both beating estimates and revenue growing 32.1% year over year, but this information is already well known and is not the main new catalyst today.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the stock. Robert W. Baird set a $210.00 price target on shares of Datadog in a report on Friday, May 8th. Rothschild & Co Redburn initiated coverage on shares of Datadog in a report on Thursday, April 23rd. They set a "buy" rating and a $170.00 price objective for the company. Jefferies Financial Group raised shares of Datadog from a "buy" rating to a "buy" rating in a research report on Monday, June 15th. Piper Sandler restated an "overweight" rating and issued a $275.00 target price (up from $230.00) on shares of Datadog in a research note on Wednesday, June 10th. Finally, Needham & Company LLC raised their target price on shares of Datadog from $225.00 to $260.00 and gave the stock a "buy" rating in a research report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $242.09.
Get Our Latest Analysis 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.
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