Key Points
- Datadog General Counsel Kerry Acocella sold 5,280 shares at an average price of $228.85, generating $1.21 million; the transaction was conducted under a pre-arranged Rule 10b5-1 plan and left her with 115,243 shares.
- Datadog reported strong quarterly results, with revenue of $1.12 billion rising 35.6% year over year and EPS of $0.65 topping the $0.58 consensus estimate.
- Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and a $276.66 price target, although the stock’s very high valuation—about 471 times earnings—makes continued growth and cash-flow execution crucial.
Datadog, Inc. (NASDAQ:DDOG - Get Free Report) General Counsel Kerry Acocella sold 5,280 shares of the business's stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $228.85, for a total transaction of $1,208,328.00. Following the completion of the sale, the general counsel owned 115,243 shares of the company's stock, valued at approximately $26,373,360.55. The trade was a 4.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kerry Acocella also recently made the following trade(s):
- On Wednesday, September 2nd, Kerry Acocella sold 7,343 shares of Datadog stock. The shares were sold at an average price of $212.90, for a total transaction of $1,563,324.70.
Datadog Price Performance
Shares of NASDAQ:DDOG opened at $230.79 on Thursday. The stock has a market cap of $82.87 billion, a PE ratio of 471.01, a PEG ratio of 22.47 and a beta of 1.49. The company's fifty day moving average is $243.95 and its 200 day moving average is $199.87. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $292.72. 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 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 net margin of 4.48% and a return on equity of 5.67%. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period in the prior year, the business posted $0.46 earnings per share. The company'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. Research analysts anticipate that Datadog, Inc. will post 0.7 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on DDOG. Citigroup increased their target price on Datadog from $300.00 to $305.00 and gave the company a "buy" rating in a report on Friday, August 7th. Sanford C. Bernstein downgraded Datadog from an "outperform" rating to a "market perform" rating and boosted their price objective for the company from $180.00 to $226.00 in a research report on Monday, July 6th. BTIG Research increased their price objective on Datadog from $255.00 to $289.00 and gave the company a "buy" rating in a research note on Tuesday, July 28th. Canaccord Genuity Group raised their target price on shares of Datadog from $250.00 to $295.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. Finally, Rosenblatt Securities raised their target price on shares of Datadog from $220.00 to $305.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $276.66.
Read Our Latest Analysis on DDOG
Institutional Trading of Datadog
Several large investors have recently modified their holdings of the business. Norges Bank purchased a new position in shares of Datadog during the fourth quarter valued at approximately $469,461,000. Employees Provident Fund Board purchased a new stake in shares of Datadog in the 4th quarter worth approximately $251,582,000. First Trust Advisors LP grew its stake in shares of Datadog by 81.5% in the 1st quarter. First Trust Advisors LP now owns 3,685,562 shares of the company's stock worth $435,081,000 after buying an additional 1,654,429 shares during the last quarter. Janus Henderson Group PLC increased its position in Datadog by 22.8% during the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company's stock valued at $905,570,000 after buying an additional 1,439,082 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in Datadog by 162.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,571,018 shares of the company's stock valued at $185,459,000 after buying an additional 971,910 shares in the last quarter. 78.29% of the stock is owned by institutional investors.
Key Headlines Impacting Datadog
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Datadog’s recurring-revenue software model and expected long-term cash generation could make the stock attractive despite its substantial three-year gains. The bullish case rests on continued expansion in observability, security and cloud-management products. Datadog (DDOG) Stock Could Be A Bargain On Cash Flow
- Positive Sentiment: Analyst sentiment remains broadly favorable. Datadog has a consensus “Moderate Buy” rating, with an average price target of approximately $276.66, well above the recent trading range. Recent targets include $300 from Robert W. Baird, $285 from Scotiabank and $340 from Arete Research. Analysts’ Opinions Are Mixed on These Technology Stocks
- Neutral Sentiment: Recent commentary highlights a debate over whether analyst optimism sufficiently justifies Datadog’s premium valuation relative to other observability and security companies. The stock trades at a very high earnings multiple, making future growth and cash-flow execution especially important. Is Analyst Optimism Enough To Justify Datadog’s Premium Valuation?
- Neutral Sentiment: Institutional ownership is substantial at about 78.3%, and several investment managers increased or initiated positions during the second quarter. That suggests continued institutional interest, though it does not guarantee near-term buying pressure.
- Negative Sentiment: Several executives reported stock sales, including the CFO’s sale of 64,000 shares, the general counsel’s sale of 5,280 shares and the CRO’s sale of 11,710 shares. The transactions were made under pre-arranged Rule 10b5-1 plans, reducing their value as a direct bearish signal, but the concentration of selling may weigh on sentiment.
Datadog Company Profile
(
Get Free Report)
Datadog, Inc (NASDAQ:DDOG) is a cloud-based software company that provides monitoring, observability, security and analytics tools for modern applications and information technology environments. Its platform helps organizations collect, correlate and analyze data from servers, databases, applications, containers, networks and cloud services in a unified environment.
The company's products include infrastructure monitoring, application performance monitoring, log management, real user and synthetic monitoring, database monitoring, cloud security, software delivery tools, incident management and cloud cost management.
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