Key Points
- Datadog CTO Alexis Le-Quoc sold 53,912 shares at an average price of $253.36, generating approximately $13.66 million. The transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced his ownership by 9.56% to 509,805 shares.
- Datadog reported quarterly revenue of $1.12 billion, up 35.6% year over year, and EPS of $0.65, beating analysts’ $0.58 estimate. Shares opened at $240.91, down 2.4%, with a market capitalization of about $85.75 billion.
- Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $276.32. Institutional investors and hedge funds own 78.29% of the company’s stock.
Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CTO Alexis Le-Quoc sold 53,912 shares of the business's stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $253.36, for a total transaction of $13,659,144.32. Following the completion of the sale, the chief technology officer owned 509,805 shares in the company, valued at approximately $129,164,194.80. This trade represents a 9.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Alexis Le-Quoc also recently made the following trade(s):
- On Monday, July 20th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The shares were sold at an average price of $265.23, for a total transaction of $11,464,301.52.
- On Wednesday, July 8th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The shares were sold at an average price of $257.24, for a total transaction of $13,868,322.88.
- On Monday, June 22nd, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The stock was sold at an average price of $220.97, for a total transaction of $9,551,207.28.
- On Tuesday, June 2nd, Alexis Le-Quoc sold 21,506 shares of Datadog stock. The stock was sold at an average price of $267.15, for a total transaction of $5,745,327.90.
- On Monday, June 1st, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $271.05, for a total transaction of $14,612,847.60.
- On Monday, May 18th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The shares were sold at an average price of $208.04, for a total transaction of $8,992,320.96.
Datadog Trading Down 2.4%
Shares of NASDAQ:DDOG opened at $240.91 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. The stock has a market capitalization of $85.75 billion, a price-to-earnings ratio of 491.66, a PEG ratio of 25.81 and a beta of 1.54. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $292.72. The company has a 50 day moving average price of $248.32 and a 200 day moving average price of $180.92.
Datadog (NASDAQ:DDOG - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The company had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.08 billion. During the same quarter in the prior year, the company earned $0.46 earnings per share. The firm's revenue was up 35.6% on a year-over-year basis. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. On average, research analysts anticipate that Datadog, Inc. will post 0.66 EPS for the current fiscal year.
Wall Street Analyst Weigh In
DDOG has been the subject of several analyst reports. Raymond James Financial reaffirmed an "outperform" rating and set a $280.00 target price on shares of Datadog in a report on Thursday, August 6th. DA Davidson restated a "buy" rating and set a $315.00 price objective on shares of Datadog in a report on Friday, August 7th. Arete Research upped their price objective on shares of Datadog from $260.00 to $340.00 and gave the company a "buy" rating in a research note on Tuesday, June 23rd. Zacks Research raised shares of Datadog from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 7th. Finally, Wells Fargo & Company boosted their price target on shares of Datadog from $230.00 to $295.00 and gave the company an "overweight" rating in a report on Monday, July 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Datadog has a consensus rating of "Moderate Buy" and an average price target of $276.32.
Get Our Latest Analysis on Datadog
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. Elevation Wealth Partners LLC grew its stake in Datadog by 2,700.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 168 shares of the company's stock valued at $44,000 after acquiring an additional 162 shares in the last quarter. JPL Wealth Management LLC acquired a new position in shares of Datadog in the 3rd quarter valued at about $27,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Datadog in the fourth quarter worth approximately $31,000. NBC Securities Inc. lifted its position in shares of 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 in the last quarter. Finally, Rothschild Investment LLC boosted its holdings 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 during the period. 78.29% of the stock is owned by institutional investors and hedge funds.
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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