Rep. Robert Bresnahan, Jr. Sells Off Shares of Datadog, Inc. (NASDAQ:DDOG)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Datadog, Inc. (NASDAQ:DDOG). In a filing disclosed on July 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Datadog stock on June 11th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT #2” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Zoom Communications (NASDAQ:ZM) on 6/25/2025.
• Purchased $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 6/24/2025.
• Purchased $1,001 – $15,000 in shares of Circle Internet Group (NYSE:CRCL) on 6/24/2025.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/23/2025.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 6/13/2025.
• Sold $1,001 – $15,000 in shares of Atlassian (NASDAQ:TEAM) on 6/11/2025.
• Purchased $1,001 – $15,000 in shares of ServiceTitan (NASDAQ:TTAN) on 6/11/2025.
• Sold $1,001 – $15,000 in shares of GitLab (NASDAQ:GTLB) on 6/11/2025.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 6/11/2025.
• Sold $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 6/11/2025.

Datadog Price Performance

DDOG opened at $149.84 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.74 and a current ratio of 2.74. The stock has a market capitalization of $51.75 billion, a P/E ratio of 325.75, a P/E/G ratio of 82.40 and a beta of 1.03. The company’s 50-day simple moving average is $130.32 and its two-hundred day simple moving average is $120.54. Datadog, Inc. has a 52-week low of $81.63 and a 52-week high of $170.08.

Datadog (NASDAQ:DDOG) last posted its earnings results on Tuesday, May 6th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.04. The business had revenue of $761.55 million for the quarter, compared to analysts’ expectations of $741.73 million. Datadog had a net margin of 5.85% and a return on equity of 6.39%. The business’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.44 EPS. As a group, analysts predict that Datadog, Inc. will post 0.34 EPS for the current year.

Insider Buying and Selling at Datadog

In other Datadog news, Director Shardul Shah sold 7,924 shares of the stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $140.80, for a total transaction of $1,115,699.20. Following the completion of the sale, the director directly owned 380,281 shares of the company’s stock, valued at $53,543,564.80. This trade represents a 2.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CTO Alexis Le-Quoc sold 41,468 shares of the stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $139.27, for a total transaction of $5,775,248.36. Following the sale, the chief technology officer directly owned 452,769 shares of the company’s stock, valued at approximately $63,057,138.63. This trade represents a 8.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 957,666 shares of company stock worth $117,576,223. Insiders own 8.70% of the company’s stock.

Institutional Investors Weigh In On Datadog

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in Datadog by 887.0% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company’s stock valued at $25,000 after buying an additional 22,646 shares in the last quarter. Cornerstone Planning Group LLC grew its holdings in Datadog by 96.9% during the 1st quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock valued at $30,000 after buying an additional 154 shares in the last quarter. Costello Asset Management INC purchased a new stake in Datadog during the 1st quarter valued at approximately $30,000. Putney Financial Group LLC purchased a new stake in Datadog during the 4th quarter valued at approximately $32,000. Finally, Elequin Capital LP purchased a new stake in Datadog during the 4th quarter valued at approximately $34,000. Institutional investors own 78.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on DDOG. Jefferies Financial Group restated a “buy” rating on shares of Datadog in a research note on Tuesday, May 6th. DA Davidson upped their target price on shares of Datadog from $115.00 to $125.00 and gave the company a “buy” rating in a research note on Monday, May 5th. BTIG Research set a $136.00 target price on shares of Datadog and gave the company a “buy” rating in a research note on Tuesday, May 6th. Wells Fargo & Company lowered their target price on shares of Datadog from $140.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 7th. Finally, Rosenblatt Securities lowered their price objective on shares of Datadog from $160.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, May 5th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-four have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $146.79.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Datadog Company Profile

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.