Datadog (NASDAQ:DDOG) CEO Sells $1,544,238.30 in Stock

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 11,195 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $137.94, for a total value of $1,544,238.30. Following the completion of the sale, the chief executive officer directly owned 533,358 shares of the company’s stock, valued at $73,571,402.52. The trade was a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Olivier Pomel also recently made the following trade(s):

• On Monday, September 8th, Olivier Pomel sold 32,923 shares of Datadog stock. The shares were sold at an average price of $135.74, for a total value of $4,468,968.02.
• On Tuesday, September 2nd, Olivier Pomel sold 15,357 shares of Datadog stock. The shares were sold at an average price of $133.85, for a total value of $2,055,534.45.
• On Monday, August 11th, Olivier Pomel sold 32,923 shares of Datadog stock. The shares were sold at an average price of $130.38, for a total value of $4,292,500.74.
• On Monday, July 28th, Olivier Pomel sold 11,195 shares of Datadog stock. The shares were sold at an average price of $150.82, for a total value of $1,688,429.90.
• On Tuesday, July 8th, Olivier Pomel sold 32,924 shares of Datadog stock. The shares were sold at an average price of $146.05, for a total value of $4,808,550.20.

Datadog Stock Performance

Shares of DDOG stock opened at $139.07 on Friday. The stock has a market capitalization of $48.50 billion, a PE ratio of 397.35, a price-to-earnings-growth ratio of 55.06 and a beta of 1.10. Datadog, Inc. has a 52-week low of $81.63 and a 52-week high of $170.08. The stock’s 50-day moving average price is $136.33 and its 200 day moving average price is $121.91. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.31.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.05. The firm had revenue of $826.76 million for the quarter, compared to analysts’ expectations of $791.72 million. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The firm’s revenue for the quarter was up 28.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.43 EPS. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. As a group, equities research analysts forecast that Datadog, Inc. will post 0.34 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on DDOG. Needham & Company LLC restated a “buy” rating and issued a $175.00 price target on shares of Datadog in a research report on Thursday, August 14th. Wedbush reissued an “outperform” rating and set a $140.00 target price on shares of Datadog in a research note on Wednesday, June 11th. Bank of America increased their target price on Datadog from $150.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, July 7th. Scotiabank reissued an “outperform” rating on shares of Datadog in a research note on Friday, August 8th. Finally, Cantor Fitzgerald increased their target price on Datadog from $171.00 to $179.00 and gave the stock an “overweight” rating in a research note on Thursday, August 7th. Twenty-four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $153.10.

Institutional Investors Weigh In On Datadog

Institutional investors and hedge funds have recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Datadog by 32.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,506 shares of the company’s stock worth $2,216,000 after acquiring an additional 3,760 shares during the period. Motley Fool Asset Management LLC grew its holdings in shares of Datadog by 149.0% in the 1st quarter. Motley Fool Asset Management LLC now owns 38,132 shares of the company’s stock worth $3,783,000 after acquiring an additional 22,818 shares during the period. LBP AM SA grew its holdings in shares of Datadog by 40.2% in the 1st quarter. LBP AM SA now owns 419,805 shares of the company’s stock worth $41,649,000 after acquiring an additional 120,343 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Datadog by 24.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 787,344 shares of the company’s stock worth $78,112,000 after acquiring an additional 156,152 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in shares of Datadog by 178.6% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 91,046 shares of the company’s stock worth $9,032,000 after acquiring an additional 58,369 shares during the period. Institutional investors and hedge funds own 78.29% of the company’s stock.

About Datadog

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.