Datadog (NASDAQ:DDOG) General Counsel Sells $1,563,324.70 in Stock

September 5, 2026 by InsiderTrades.com

Key Points

Datadog General Counsel Kerry Acocella sold 7,343 shares for approximately $1.56 million at an average price of $212.90, reducing her holdings by 5.74%. The sale covered tax-withholding obligations tied to vested equity awards.
Datadog reported strong quarterly results, with EPS of $0.65 versus the $0.58 consensus and revenue of $1.12 billion, up 35.6% year over year. Management issued full-year 2026 EPS guidance of $2.50–$2.54.
Analyst sentiment remains favorable, with a “Moderate Buy” consensus rating and an average price target of $276.32, though the stock’s elevated valuation and recent insider selling could weigh on sentiment.

Datadog, Inc. (NASDAQ:DDOG - Get Free Report) General Counsel Kerry Acocella sold 7,343 shares of the stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $212.90, for a total value of $1,563,324.70. Following the transaction, the general counsel owned 120,523 shares of the company's stock, valued at approximately $25,659,346.70. This represents a 5.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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Kerry Acocella also recently made the following trade(s):

On Monday, June 15th, Kerry Acocella sold 5,371 shares of Datadog stock. The stock was sold at an average price of $233.91, for a total transaction of $1,256,330.61.

Datadog Trading Down 0.9%

Shares of NASDAQ:DDOG opened at $212.93 on Friday. The company has a market cap of $76.46 billion, a PE ratio of 434.56, a P/E/G ratio of 21.03 and a beta of 1.49. The company's 50 day moving average is $249.65 and its two-hundred day moving average is $193.28. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $292.72.

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Datadog (NASDAQ:DDOG - Get Free Report) last released its quarterly earnings data 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 company had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The firm's revenue for the quarter was up 35.6% on a year-over-year basis. During the same quarter last year, the company earned $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. Equities analysts predict that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of DDOG. Cornerstone Financial Management LLC boosted its stake in shares of Datadog by 54.9% during the second quarter. Cornerstone Financial Management LLC now owns 127 shares of the company's stock worth $33,000 after buying an additional 45 shares during the period. Elevation Point Wealth Partners LLC increased its position in Datadog by 3.3% in the 3rd quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company's stock valued at $242,000 after acquiring an additional 55 shares during the period. Vivaldi Capital Management LP increased its position in Datadog by 2.8% in 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 increased its position in Datadog by 4.1% in the 1st quarter. State of Wyoming now owns 1,946 shares of the company's stock valued at $230,000 after acquiring an additional 76 shares during the period. Finally, Great Lakes Advisors LLC raised its stake in Datadog by 2.3% during the 4th quarter. Great Lakes Advisors LLC now owns 3,697 shares of the company's stock valued at $503,000 after acquiring an additional 83 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Datadog News Summary

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Here are the key news stories impacting Datadog this week:

Positive Sentiment: Strong Snowflake results supported the software sector. Snowflake’s better-than-expected earnings and outlook renewed optimism about enterprise spending on data infrastructure, artificial intelligence and observability tools—markets that could benefit Datadog. Snowflake earnings and Datadog article
Positive Sentiment: Datadog’s latest operating results remain strong. The company most recently reported quarterly EPS of $0.65 versus the $0.58 consensus estimate, while revenue reached $1.12 billion, up 35.6% year over year and above expectations. Management issued third-quarter 2026 EPS guidance of $0.63–$0.65 and full-year guidance of $2.50–$2.54. Datadog stock and earnings information
Neutral Sentiment: Analyst sentiment remains favorable, but expectations are high. Datadog carries a consensus “Moderate Buy” rating and an average analyst price target of $276.32, although the stock’s very high earnings multiple leaves it sensitive to changes in growth expectations and interest rates.
Negative Sentiment: Multiple executives reported stock sales. On September 2, the CEO, CFO, CTO, COO, CRO and general counsel collectively sold roughly $23.5 million of shares. Each filing stated that the sales were made to cover tax-withholding obligations related to vested equity awards, reducing the likelihood that they represent a direct negative view of Datadog’s prospects. Datadog CEO insider sale filing
Negative Sentiment: Additional CTO selling adds an overhang. Alexis Le-Quoc sold 53,912 shares for approximately $12.2 million on September 1 under a pre-arranged Rule 10b5-1 plan. The scheduled nature of the transaction makes it less informative, but the scale of the sale may still pressure sentiment. Datadog CTO insider sale filing

Analysts Set New Price Targets

Several equities analysts have issued reports on DDOG shares. New Street Research set a $260.00 price objective on shares of Datadog in a research note on Thursday, June 11th. Guggenheim lifted their target price on Datadog from $225.00 to $300.00 and gave the stock a "buy" rating in a research report on Wednesday, July 22nd. Canadian Imperial Bank of Commerce upped their target price on Datadog from $250.00 to $280.00 and gave the company an "outperform" rating in a research report on Wednesday, June 10th. Oppenheimer raised their price target on Datadog from $220.00 to $300.00 and gave the stock an "outperform" rating in a research note on Monday, July 20th. Finally, Robert W. Baird set a $300.00 price target on Datadog in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently 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.