Datadog, Inc. (NASDAQ:DDOG - Get Free Report) Director Amit Agarwal sold 20,000 shares of the company's stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $249.32, for a total transaction of $4,986,400.00. Following the completion of the transaction, the director owned 1,640 shares of the company's stock, valued at $408,884.80. This trade represents a 92.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amit Agarwal also recently made the following trade(s):
- On Thursday, August 6th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $234.85, for a total transaction of $4,697,000.00.
- On Thursday, July 30th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $266.82, for a total transaction of $5,336,400.00.
- On Thursday, July 23rd, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $244.87, for a total transaction of $4,897,400.00.
- On Thursday, July 9th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was 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 stock was 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 shares were 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 stock was sold at an average price of $231.56, for a total value of $4,631,200.00.
Datadog Stock Down 3.2%
Shares of NASDAQ:DDOG opened at $247.32 on Tuesday. The firm has a market capitalization of $88.81 billion, a P/E ratio of 504.74, a P/E/G ratio of 26.87 and a beta of 1.54. 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 50 day moving average price of $249.23 and a 200-day moving average price of $183.38. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $292.72.
Datadog (NASDAQ:DDOG - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The firm's revenue was up 35.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. As a group, equities research analysts anticipate that Datadog, Inc. will post 0.65 EPS for the current fiscal year.
Analyst Ratings Changes
A number of analysts have recently commented on DDOG shares. DA Davidson restated a "buy" rating and set a $315.00 target price on shares of Datadog in a report on Friday, August 7th. Needham & Company LLC increased their price target on shares of Datadog from $260.00 to $300.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Scotiabank lifted their price target on shares of Datadog from $275.00 to $285.00 and gave the company an "outperform" rating in a research report on Friday, August 7th. The Goldman Sachs Group reissued a "sell" rating and set a $158.00 price target on shares of Datadog in a research report on Friday, August 7th. Finally, Weiss Ratings raised shares of Datadog from a "sell (d+)" rating to a "hold (c)" rating in a research note on Wednesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $276.32.
Check Out Our Latest Analysis on DDOG
Hedge Funds Weigh In On Datadog
Several large investors have recently modified their holdings of the stock. Nomura Asset Management Co. Ltd. lifted its stake in shares of Datadog by 8.0% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company's stock worth $20,762,000 after buying an additional 11,348 shares in the last quarter. Norges Bank bought a new stake in shares of Datadog during the fourth quarter valued at approximately $469,461,000. MUFG Securities EMEA plc increased its position in shares of Datadog by 115.6% during the fourth quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company's stock valued at $1,814,000 after acquiring an additional 7,154 shares in the last quarter. BNP Paribas raised its holdings in Datadog by 18.4% in the 4th quarter. BNP Paribas now owns 41,280 shares of the company's stock worth $5,614,000 after acquiring an additional 6,403 shares during the last quarter. Finally, Crossmark Global Holdings Inc. raised its holdings in Datadog by 90.1% in the 4th quarter. Crossmark Global Holdings Inc. now owns 9,967 shares of the company's stock worth $1,355,000 after acquiring an additional 4,723 shares during the last quarter. Hedge funds and other institutional investors own 78.29% of the company's stock.
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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