Datadog (NASDAQ:DDOG) CEO Olivier Pomel Sells 26,331 Shares of Stock

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 26,331 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $212.90, for a total value of $5,605,869.90. Following the sale, the chief executive officer directly owned 586,416 shares in the company, valued at approximately $124,847,966.40. The trade was a 4.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Wednesday, August 19th, Olivier Pomel sold 47,054 shares of Datadog stock. The shares were sold at an average price of $235.49, for a total value of $11,080,746.46.
• On Wednesday, August 5th, Olivier Pomel sold 127,141 shares of Datadog stock. The shares were sold at an average price of $286.71, for a total value of $36,452,596.11.
• On Thursday, July 23rd, Olivier Pomel sold 47,054 shares of Datadog stock. The stock was sold at an average price of $244.79, for a total value of $11,518,348.66.
• On Tuesday, June 16th, Olivier Pomel sold 84,698 shares of Datadog stock. The shares were sold at an average price of $232.30, for a total value of $19,675,345.40.
• On Monday, June 8th, Olivier Pomel sold 127,141 shares of Datadog stock. The shares were sold at an average price of $231.69, for a total value of $29,457,298.29.

Datadog Price Performance

NASDAQ:DDOG traded down $1.83 during mid-day trading on Friday, reaching $212.93. 2,493,749 shares of the stock were exchanged, compared to its average volume of 5,499,505. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. The business has a fifty day moving average price of $250.18 and a 200 day moving average price of $193.14. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $292.72. The firm has a market capitalization of $76.46 billion, a PE ratio of 434.56, a PEG ratio of 20.49 and a beta of 1.49.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. Datadog’s revenue was up 35.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.46 EPS. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Research analysts expect that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

DDOG has been the topic of several recent research reports. TD Cowen lifted their price target on shares of Datadog from $260.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Barclays increased their price objective on Datadog from $260.00 to $290.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Needham & Company LLC lifted their target price on Datadog from $260.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Wolfe Research reaffirmed an “outperform” rating and set a $295.00 target price on shares of Datadog in a report on Thursday, June 11th. Finally, Robert W. Baird set a $300.00 target price on Datadog in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $276.32.

Institutional Trading of Datadog

Hedge funds have recently modified their holdings of the business. Brighton Jones LLC purchased a new stake in Datadog in the 4th quarter worth about $209,000. Bison Wealth LLC acquired a new position in shares of Datadog in the 4th quarter valued at about $228,000. Empowered Funds LLC increased its holdings in shares of Datadog by 7.0% in the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock valued at $1,023,000 after purchasing an additional 672 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of Datadog by 17.6% in the first quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after purchasing an additional 115 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in Datadog during the second quarter valued at approximately $509,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

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.