Datadog (NASDAQ:DDOG) Director Sells 20,000 Shares

Datadog, Inc. (NASDAQ:DDOG) Director Amit Agarwal sold 20,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $220.92, for a total value of $4,418,400.00. Following the completion of the transaction, the director directly owned 1,640 shares of the company’s stock, valued at $362,308.80. This represents a 92.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, June 12th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $231.56, for a total value of $4,631,200.00.
• On Monday, May 11th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $200.13, for a total value of $4,002,600.00.
• On Monday, April 27th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $131.47, for a total transaction of $2,629,400.00.
• On Wednesday, April 15th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $120.00, for a total transaction of $2,400,000.00.
• On Monday, April 20th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $125.98, for a total transaction of $2,519,600.00.
• On Wednesday, April 8th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $122.28, for a total transaction of $2,445,600.00.
• On Wednesday, April 1st, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $120.53, for a total value of $2,410,600.00.

Datadog Stock Down 0.4%

NASDAQ:DDOG traded down $0.80 during trading hours on Tuesday, reaching $220.57. 3,244,788 shares of the company traded hands, compared to its average volume of 5,904,194. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. The business’s 50-day moving average price is $191.47 and its two-hundred day moving average price is $150.17. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $278.70. The stock has a market capitalization of $78.51 billion, a P/E ratio of 580.46, a P/E/G ratio of 23.88 and a beta of 1.56.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.09. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company’s revenue was up 32.1% on a year-over-year basis. During the same period last year, the company earned $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Analysts predict that Datadog, Inc. will post 0.61 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Brighton Jones LLC purchased a new position in shares of Datadog in the fourth quarter worth approximately $209,000. Bison Wealth LLC purchased a new stake in Datadog during the fourth quarter valued at approximately $228,000. Empowered Funds LLC raised its position in Datadog by 7.0% in the first quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after acquiring an additional 672 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of Datadog by 17.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after acquiring an additional 115 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in shares of Datadog during the 2nd quarter worth $509,000. Institutional investors own 78.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. BMO Capital Markets reiterated an “outperform” rating and set a $260.00 price target on shares of Datadog in a report on Friday, June 12th. CICC Research increased their target price on Datadog from $150.00 to $204.00 in a research note on Monday, May 11th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $226.00 price objective on shares of Datadog in a research report on Thursday, June 11th. Mizuho lifted their price objective on Datadog from $145.00 to $220.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Finally, Oppenheimer boosted their target price on Datadog from $200.00 to $220.00 in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $241.30.

About Datadog

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.