Sean Michael Walters Sells 11,876 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) CRO Sean Michael Walters sold 11,876 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $231.02, for a total transaction of $2,743,593.52. Following the transaction, the executive directly owned 258,420 shares of the company’s stock, valued at approximately $59,700,188.40. This represents a 4.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sean Michael Walters also recently made the following trade(s):

• On Tuesday, June 2nd, Sean Michael Walters sold 13,409 shares of Datadog stock. The stock was sold at an average price of $267.15, for a total transaction of $3,582,214.35.
• On Thursday, May 7th, Sean Michael Walters sold 7,657 shares of Datadog stock. The stock was sold at an average price of $188.50, for a total transaction of $1,443,344.50.
• On Tuesday, May 5th, Sean Michael Walters sold 1,914 shares of Datadog stock. The stock was sold at an average price of $150.00, for a total transaction of $287,100.00.

Datadog Price Performance

DDOG stock traded up $3.19 during midday trading on Monday, reaching $233.09. The company had a trading volume of 5,807,237 shares, compared to its average volume of 5,953,856. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $278.70. The company has a market capitalization of $82.97 billion, a P/E ratio of 613.41, a P/E/G ratio of 24.62 and a beta of 1.56. The firm has a 50-day moving average price of $178.29 and a 200-day moving average price of $147.30.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $960.12 million. During the same quarter in the previous year, the company earned $0.46 EPS. The business’s quarterly revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, research analysts anticipate that Datadog, Inc. will post 0.61 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on DDOG. Needham & Company LLC began coverage on shares of Datadog in a report on Monday. They issued a “buy” rating for the company. Monness Crespi & Hardt boosted their price objective on shares of Datadog from $255.00 to $270.00 in a report on Thursday, May 7th. Wedbush began coverage on shares of Datadog in a report on Monday. They issued a “neutral” rating for the company. Benchmark boosted their price objective on shares of Datadog from $230.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Barclays boosted their price objective on shares of Datadog from $215.00 to $260.00 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and a consensus target price of $234.14.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Datadog by 30.3% during the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after purchasing an additional 9,748,738 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Datadog by 7.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock worth $1,961,496,000 after buying an additional 956,993 shares during the period. State Street Corp grew its position in shares of Datadog by 106.8% in the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after buying an additional 7,091,075 shares during the period. Geode Capital Management LLC grew its position in shares of Datadog by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock worth $1,227,184,000 after buying an additional 197,816 shares during the period. Finally, Janus Henderson Group PLC grew its position in shares of Datadog by 22.8% in the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after buying an additional 1,439,082 shares during the period. 78.29% of the stock is owned by hedge funds and other institutional investors.

Datadog Company Profile

Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company’s product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.