Amit Agarwal Sells 45,444 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) Director Amit Agarwal sold 45,444 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $150.08, for a total value of $6,820,235.52. Following the transaction, the director owned 1,640 shares of the company’s stock, valued at approximately $246,131.20. The trade was a 96.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Amit Agarwal also recently made the following trade(s):

• On Thursday, September 18th, Amit Agarwal sold 18 shares of Datadog stock. The shares were sold at an average price of $135.23, for a total value of $2,434.14.
• On Wednesday, September 17th, Amit Agarwal sold 10,094 shares of Datadog stock. The shares were sold at an average price of $134.36, for a total value of $1,356,229.84.
• On Tuesday, September 16th, Amit Agarwal sold 33,333 shares of Datadog stock. The shares were sold at an average price of $134.80, for a total value of $4,493,288.40.
• On Monday, September 15th, Amit Agarwal sold 44,444 shares of Datadog stock. The shares were sold at an average price of $138.34, for a total value of $6,148,382.96.

Datadog Trading Up 0.2%

DDOG opened at $151.82 on Friday. The firm has a market cap of $52.95 billion, a P/E ratio of 433.78, a P/E/G ratio of 59.40 and a beta of 1.21. Datadog, Inc. has a 12 month low of $81.63 and a 12 month high of $170.08. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31. The stock has a 50-day moving average of $136.59 and a 200 day moving average of $123.52.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.41 by $0.05. The company had revenue of $826.76 million during the quarter, compared to analyst estimates of $791.72 million. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The firm’s revenue was up 28.1% on a year-over-year basis. During the same quarter last year, the business posted $0.43 earnings per share. 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, research analysts forecast that Datadog, Inc. will post 0.34 EPS for the current year.

Hedge Funds Weigh In On Datadog

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

Analysts Set New Price Targets

Several research analysts recently commented on DDOG shares. UBS Group set a $165.00 price target on Datadog and gave the stock a “buy” rating in a research report on Thursday, August 7th. Mizuho lifted their price target on Datadog from $145.00 to $155.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th. Bank of America raised their price objective on shares of Datadog from $150.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, July 7th. BMO Capital Markets raised their price objective on shares of Datadog from $150.00 to $154.00 and gave the stock an “outperform” rating in a research note on Monday, September 29th. Finally, Wedbush reissued an “outperform” rating and issued a $140.00 price objective on shares of Datadog in a research note on Wednesday, June 11th. Twenty-five analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $156.69.

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.