Insider Selling: Datadog (NASDAQ:DDOG) CEO Sells $4,227,556.20 in Stock

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 25,620 shares of the stock in a transaction on Wednesday, October 8th. The stock was sold at an average price of $165.01, for a total value of $4,227,556.20. Following the transaction, the chief executive officer directly owned 533,358 shares in the company, valued at $88,009,403.58. The trade was a 4.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Tuesday, October 7th, Olivier Pomel sold 32,923 shares of Datadog stock. The stock was sold at an average price of $154.43, for a total value of $5,084,298.89.
• On Thursday, October 9th, Olivier Pomel sold 63,939 shares of Datadog stock. The stock was sold at an average price of $165.02, for a total value of $10,551,213.78.
• On Tuesday, September 23rd, Olivier Pomel sold 11,195 shares of Datadog stock. The stock was sold at an average price of $137.94, for a total value of $1,544,238.30.
• On Monday, September 8th, Olivier Pomel sold 32,923 shares of Datadog stock. The stock was 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 stock was 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 stock was 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 stock was sold at an average price of $150.82, for a total value of $1,688,429.90.

Datadog Price Performance

DDOG opened at $158.74 on Friday. 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 business’s fifty day simple moving average is $138.06 and its 200-day simple moving average is $125.34. The company has a market capitalization of $55.36 billion, a price-to-earnings ratio of 453.56, a PEG ratio of 62.11 and a beta of 1.21.

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

Institutional Investors Weigh In On Datadog

Several institutional investors have recently added to or reduced their stakes in DDOG. OVERSEA CHINESE BANKING Corp Ltd raised its stake in shares of Datadog by 887.0% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company’s stock worth $25,000 after purchasing an additional 22,646 shares during the last quarter. Cornerstone Planning Group LLC raised its stake in shares of Datadog by 96.9% in the first quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock worth $30,000 after purchasing an additional 154 shares during the last quarter. Costello Asset Management INC purchased a new position in shares of Datadog in the first quarter worth about $30,000. Opal Wealth Advisors LLC purchased a new position in shares of Datadog in the first quarter worth about $37,000. Finally, Center for Financial Planning Inc. raised its stake in shares of Datadog by 1,189.7% in the first quarter. Center for Financial Planning Inc. now owns 374 shares of the company’s stock worth $37,000 after purchasing an additional 345 shares during the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on DDOG shares. UBS Group raised their price objective on Datadog from $165.00 to $189.00 and gave the company a “buy” rating in a research report on Thursday. Cantor Fitzgerald raised their price objective on Datadog from $171.00 to $179.00 and gave the company an “overweight” rating in a research report on Thursday, August 7th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Datadog in a research report on Wednesday. Guggenheim reaffirmed a “sell” rating and set a $105.00 price objective on shares of Datadog in a research report on Tuesday, July 8th. Finally, Wells Fargo & Company initiated coverage on Datadog in a research report on Tuesday, September 30th. They set an “overweight” rating and a $190.00 price objective on the stock. Twenty-four research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Datadog currently has a consensus rating of “Moderate Buy” and an average price target of $158.46.

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.