Key Points
- Datadog director Amit Agarwal sold 20,000 shares on July 9 at an average price of $267.41, totaling about $5.35 million. After the sale, he held 1,640 shares, a 92.42% reduction in his ownership, and the trade was made under a pre-arranged Rule 10b5-1 plan.
- Agarwal has been steadily selling shares in recent weeks, including multiple 20,000-share sales in June and July at prices ranging from about $220 to $261 per share. The repeated transactions suggest a consistent planned selling pattern rather than a one-off trade.
- Datadog’s business performance remains strong, with the company reporting Q1 earnings that beat estimates and revenue up 32.1% year over year. Analysts currently rate the stock a “Moderate Buy,” with an average price target of $244.73, while the shares were trading above that level near $260.
Datadog, Inc. (NASDAQ:DDOG - Get Free Report) Director Amit Agarwal sold 20,000 shares of the firm's stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $267.41, for a total value of $5,348,200.00. Following the completion of the sale, the director directly owned 1,640 shares in the company, valued at $438,552.40. The trade was a 92.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amit Agarwal also recently made the following trade(s):
- On Thursday, July 2nd, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $261.22, for a total value of $5,224,400.00.
- On Thursday, June 25th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $220.12, for a total value of $4,402,400.00.
- On Thursday, June 18th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $220.92, for a total value of $4,418,400.00.
- On Friday, June 12th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $231.56, for a total value of $4,631,200.00.
- On Monday, May 11th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $200.13, for a total value of $4,002,600.00.
- On Monday, April 27th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $131.47, for a total value of $2,629,400.00.
- On Wednesday, April 15th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $120.00, for a total value of $2,400,000.00.
- On Monday, April 20th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $125.98, for a total transaction of $2,519,600.00.
Datadog Stock Performance
NASDAQ:DDOG opened at $260.24 on Tuesday. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The firm's fifty day simple moving average is $229.11 and its 200 day simple moving average is $161.18. The stock has a market cap of $92.64 billion, a P/E ratio of 684.86, a price-to-earnings-growth ratio of 26.19 and a beta of 1.54. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $278.70.
Datadog (NASDAQ:DDOG - Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same period in the prior year, the business earned $0.46 EPS. The company's revenue for the quarter was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, research analysts predict that Datadog, Inc. will post 0.64 EPS for the current year.
Institutional Investors Weigh In On Datadog
Hedge funds and other institutional investors have recently bought and sold shares of the business. 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 worth $242,000 after purchasing an additional 55 shares in the last quarter. Chicago Partners Investment Group LLC increased its position in Datadog by 1.6% during the 4th quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company's stock valued at $622,000 after buying an additional 73 shares in the last quarter. Vivaldi Capital Management LP increased 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 valued at $383,000 after buying an additional 74 shares in the last quarter. State of Wyoming raised its stake in Datadog by 4.1% during the first quarter. State of Wyoming now owns 1,946 shares of the company's stock valued at $230,000 after buying an additional 76 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in Datadog by 2.0% during the fourth quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company's stock valued at $529,000 after buying an additional 78 shares during the last quarter. Hedge funds and other institutional investors own 78.29% of the company's stock.
Analyst Upgrades and Downgrades
Several analysts have commented on DDOG shares. Morgan Stanley upgraded shares of Datadog from an "overweight" rating to an "overweight" rating in a report on Monday, June 15th. Wall Street Zen upgraded Datadog from a "hold" rating to a "buy" rating in a report on Saturday, May 16th. Craig Hallum began coverage on Datadog in a research report on Monday, June 15th. They issued a "buy" rating for the company. Wedbush initiated coverage on Datadog in a research note on Monday, June 15th. They issued a "neutral" rating for the company. Finally, Canaccord Genuity Group raised their target price on Datadog from $225.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, June 10th. Two investment analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $244.73.
View Our Latest Stock Analysis on Datadog
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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