Key Points
- Datadog CTO Alexis Le-Quoc sold 43,224 shares at an average price of $228.63, generating approximately $9.88 million. The transaction was made under a pre-arranged Rule 10b5-1 plan and reduced his position by 7.82%.
- Le-Quoc has made several additional sales since June, totaling hundreds of thousands of shares, while still retaining 509,805 shares valued at roughly $116.6 million.
- Datadog recently beat quarterly earnings and revenue estimates, with revenue rising 35.6% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $276.32.
Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CTO Alexis Le-Quoc sold 43,224 shares of Datadog stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $228.63, for a total transaction of $9,882,303.12. Following the completion of the transaction, the chief technology officer owned 509,805 shares of the company's stock, valued at $116,556,717.15. The trade was a 7.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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, August 10th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $253.36, for a total transaction of $13,659,144.32.
- 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 value 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 shares were sold at an average price of $267.15, for a total value 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 value of $14,612,847.60.
Datadog Price Performance
DDOG stock opened at $227.67 on Thursday. The firm has a market cap of $81.75 billion, a P/E ratio of 464.64, a P/E/G ratio of 21.71 and a beta of 1.54. The firm's fifty day moving average is $249.52 and its 200 day moving average is $188.70. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. 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 posted its quarterly earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.07. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The firm's revenue was up 35.6% compared to the same quarter last year. During the same period in the prior year, the business posted $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. Research analysts predict that Datadog, Inc. will post 0.7 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of research firms have commented on DDOG. Canadian Imperial Bank of Commerce upped their price target on Datadog from $250.00 to $280.00 and gave the company an "outperform" rating in a research report on Wednesday, June 10th. Scotiabank lifted their price objective on Datadog from $275.00 to $285.00 and gave the stock an "outperform" rating in a research report on Friday, August 7th. Citizens Jmp boosted their target price on Datadog from $225.00 to $311.00 and gave the company a "market outperform" rating in a research note on Monday, July 20th. Jefferies Financial Group set a $260.00 target price on Datadog in a report on Thursday, August 6th. Finally, Arete Research raised their price target on Datadog from $260.00 to $340.00 and gave the stock a "buy" rating in a research note on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Datadog currently has an average rating of "Moderate Buy" and an average price target of $276.32.
Read Our Latest Report on Datadog
Institutional Trading of Datadog
Several institutional investors and hedge funds have recently bought and sold shares of DDOG. Nomura Asset Management Co. Ltd. grew its holdings 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 acquiring an additional 11,348 shares during the period. Norges Bank purchased a new stake in Datadog during the fourth quarter valued at $469,461,000. MUFG Securities EMEA plc lifted its holdings in Datadog by 115.6% in 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 during the period. BNP Paribas lifted its holdings in Datadog by 18.4% in the fourth quarter. BNP Paribas now owns 41,280 shares of the company's stock valued at $5,614,000 after acquiring an additional 6,403 shares during the period. Finally, Crossmark Global Holdings Inc. boosted its position in Datadog by 90.1% in the fourth quarter. Crossmark Global Holdings Inc. now owns 9,967 shares of the company's stock worth $1,355,000 after purchasing an additional 4,723 shares during the last quarter. 78.29% of the stock is currently owned by hedge funds and other institutional investors.
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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