Key Points
- Datadog CEO Olivier Pomel sold 47,054 shares at an average price of $235.49, generating approximately $11.08 million. The transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced his holdings by 7.13% to 612,747 shares.
- Datadog reported quarterly adjusted earnings of $0.65 per share and revenue of $1.12 billion, exceeding analyst expectations; revenue increased 35.6% year over year.
- Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and an average price target of $276.32, compared with the stock’s reported opening price of $235.62.
Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CEO Olivier Pomel sold 47,054 shares of the business's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $235.49, for a total transaction of $11,080,746.46. Following the transaction, the chief executive officer owned 612,747 shares in the company, valued at approximately $144,295,791.03. The trade was a 7.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Olivier Pomel also recently made the following trade(s):
- On Wednesday, August 5th, Olivier Pomel sold 127,141 shares of Datadog stock. The shares were sold at an average price of $286.71, for a total transaction of $36,452,596.11.
- On Thursday, July 23rd, Olivier Pomel sold 47,054 shares of Datadog stock. The stock was sold at an average price of $244.79, for a total transaction of $11,518,348.66.
- On Tuesday, June 16th, Olivier Pomel sold 84,698 shares of Datadog stock. The shares were sold at an average price of $232.30, for a total transaction of $19,675,345.40.
- On Monday, June 8th, Olivier Pomel sold 127,141 shares of Datadog stock. The shares were sold at an average price of $231.69, for a total transaction of $29,457,298.29.
- On Tuesday, June 2nd, Olivier Pomel sold 26,012 shares of Datadog stock. The stock was sold at an average price of $267.15, for a total value of $6,949,105.80.
- On Tuesday, May 26th, Olivier Pomel sold 84,698 shares of Datadog stock. The shares were sold at an average price of $223.58, for a total value of $18,936,778.84.
Datadog Stock Performance
DDOG opened at $235.62 on Friday. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $292.72. The stock has a market cap of $84.61 billion, a price-to-earnings ratio of 480.87, a PEG ratio of 22.82 and a beta of 1.54. The business has a 50 day moving average of $249.81 and a 200-day moving average of $185.94. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23.
Datadog (NASDAQ:DDOG - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.07. The business 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.46 EPS. 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, equities research analysts expect that Datadog, Inc. will post 0.7 earnings per share for the current year.
Institutional Investors Weigh In On Datadog
A number of institutional investors have recently modified their holdings of the company. Elevation Point Wealth Partners LLC lifted its holdings in Datadog by 3.3% in the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company's stock valued at $242,000 after buying an additional 55 shares during the period. Chicago Partners Investment Group LLC grew its position in shares of Datadog by 1.6% during the 4th quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company's stock worth $622,000 after buying an additional 73 shares during the period. Vivaldi Capital Management LP lifted its position in shares of 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 acquiring an additional 74 shares during the period. State of Wyoming boosted its stake in Datadog by 4.1% during the first quarter. State of Wyoming now owns 1,946 shares of the company's stock worth $230,000 after acquiring an additional 76 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Datadog by 2.0% in the fourth quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company's stock valued at $529,000 after purchasing an additional 78 shares in the last quarter. 78.29% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several analysts recently commented on DDOG shares. Morgan Stanley lifted their target price on shares of Datadog from $225.00 to $300.00 and gave the stock an "overweight" rating in a report on Tuesday, July 28th. Weiss Ratings upgraded shares of Datadog from a "sell (d+)" rating to a "hold (c)" rating in a research report on Wednesday, August 12th. Raymond James Financial restated an "outperform" rating and set a $280.00 price objective on shares of Datadog in a report on Thursday, August 6th. Stifel Nicolaus set a $305.00 target price on Datadog in a research note on Thursday, May 7th. Finally, Jefferies Financial Group set a $260.00 price target on Datadog in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $276.32.
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About Datadog
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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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