Datadog, Inc. (NASDAQ:DDOG - Get Free Report) Director Amit Agarwal sold 20,000 shares of the company's stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $244.87, for a total transaction of $4,897,400.00. Following the transaction, the director owned 1,640 shares in the company, valued at $401,586.80. The trade was a 92.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, 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 9th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $267.41, for a total transaction of $5,348,200.00.
- 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 transaction 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 transaction 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 stock was 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.
Datadog Stock Down 0.4%
NASDAQ DDOG opened at $250.88 on Wednesday. The stock has a fifty day moving average of $242.98 and a 200-day moving average of $170.38. The stock has a market capitalization of $89.30 billion, a P/E ratio of 660.23, a price-to-earnings-growth ratio of 25.61 and a beta of 1.54. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $278.70. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40.
Datadog (NASDAQ:DDOG - Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping 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 the consensus estimate of $960.12 million. During the same quarter in the previous year, the company posted $0.46 earnings per share. The firm's quarterly revenue 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. On average, equities research analysts forecast that Datadog, Inc. will post 0.64 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on DDOG shares. Needham & Company LLC upped their target price on shares of Datadog from $225.00 to $260.00 and gave the company a "buy" rating in a research report on Thursday, June 25th. TD Cowen lifted their price target on shares of Datadog from $260.00 to $300.00 and gave the stock a "buy" rating in a research report on Wednesday, July 22nd. Oppenheimer boosted their price target on shares of Datadog from $220.00 to $300.00 and gave the stock an "outperform" rating in a research note on Monday, July 20th. BTIG Research increased their price objective on shares of Datadog from $255.00 to $289.00 and gave the company a "buy" rating in a report on Tuesday. Finally, Truist Financial raised shares of Datadog from a "hold" rating to a "buy" rating and raised their price objective for the company from $190.00 to $300.00 in a research note on Monday, June 15th. Two analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $264.84.
Read Our Latest Research Report on DDOG
Datadog News Roundup
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: BTIG Research raised its Datadog price target to $289 from $255 and maintained a Buy rating, implying approximately 15% upside from the referenced price. The upgrade reinforces confidence in Datadog’s growth outlook. BTIG price target article
- Positive Sentiment: Datadog recently outperformed the broader market, with shares advancing 2.03% in the latest completed session. Investor interest has been supported by expectations for upcoming cloud-company earnings and generally bullish Wall Street recommendations. Why Datadog outpaced the stock market
- Neutral Sentiment: The average brokerage recommendation remains equivalent to a Buy, although the concentration of bullish ratings may reduce the signal’s usefulness and leave the stock vulnerable to disappointment. Wall Street recommendations on Datadog
- Negative Sentiment: CEO Olivier Pomel sold 47,054 shares worth about $11.5 million, CTO Alexis Le-Quoc sold 43,224 shares worth approximately $11.5 million, and Director Amit Agarwal sold 20,000 shares for roughly $4.9 million. All three transactions were made under pre-arranged Rule 10b5-1 plans, which reduces their significance as discretionary bearish signals, but the sales can still pressure sentiment—particularly after DDOG’s strong run and elevated valuation.
Institutional Investors Weigh In On Datadog
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Regent Peak Wealth Advisors LLC acquired a new stake in shares of Datadog in the second quarter valued at about $206,000. Tema ETFs LLC increased its position in shares of Datadog by 8.1% during the 2nd quarter. Tema ETFs LLC now owns 5,792 shares of the company's stock worth $1,508,000 after purchasing an additional 435 shares during the last quarter. Handelsbanken Fonder AB raised its stake in shares of Datadog by 81.6% during the 2nd quarter. Handelsbanken Fonder AB now owns 170,519 shares of the company's stock worth $44,396,000 after purchasing an additional 76,607 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of Datadog during the 2nd quarter worth approximately $260,000. Finally, Sax Wealth Advisors LLC boosted its holdings in shares of Datadog by 4.2% in the 2nd quarter. Sax Wealth Advisors LLC now owns 5,257 shares of the company's stock valued at $1,369,000 after buying an additional 212 shares during the last quarter. 78.29% of the stock is owned by institutional investors.
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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