Insider Selling: Datadog (NASDAQ:DDOG) Insider Sells 11,206 Shares of Stock

Datadog, Inc. (NASDAQ:DDOGGet Free Report) insider Yanbing Li sold 11,206 shares of the firm’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 transaction of $2,385,757.40. Following the transaction, the insider directly owned 263,146 shares of the company’s stock, valued at approximately $56,023,783.40. This trade represents a 4.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Datadog Price Performance

Shares of Datadog stock traded down $1.83 during trading on Friday, hitting $212.93. 2,493,749 shares of the company were exchanged, compared to its average volume of 5,499,505. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $292.72. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. The firm has a 50 day moving average price of $250.18 and a 200 day moving average price of $193.14. The stock has a market capitalization of $76.46 billion, a price-to-earnings ratio of 434.56, a P/E/G ratio of 20.49 and a beta of 1.49.

Datadog (NASDAQ:DDOGGet Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.Datadog’s quarterly revenue was up 35.6% on a year-over-year basis. During the same quarter in the prior year, the firm 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. On average, equities analysts expect that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DDOG. New Street Research set a $260.00 target price on shares of Datadog in a research note on Thursday, June 11th. Monness Crespi & Hardt lifted their price target on shares of Datadog from $255.00 to $270.00 in a report on Thursday, May 7th. BMO Capital Markets set a $300.00 price objective on shares of Datadog in a research note on Friday, August 7th. The Goldman Sachs Group restated a “sell” rating and set a $158.00 target price on shares of Datadog in a research report on Friday, August 7th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $280.00 price target on shares of Datadog in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $276.32.

Check Out Our Latest Stock Analysis on DDOG

Hedge Funds Weigh In On Datadog

A number of hedge funds have recently made changes to their positions in the stock. JPL Wealth Management LLC acquired a new stake in shares of Datadog during the 3rd quarter worth $27,000. EMC Capital Management acquired a new position in Datadog in the second quarter valued at $28,000. Cornerstone Financial Management LLC grew its position in Datadog by 54.9% during the second quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock valued at $33,000 after acquiring an additional 45 shares during the period. Rothschild Investment LLC increased its stake in Datadog by 52.5% during the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after acquiring an additional 94 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC increased its stake in Datadog by 341.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock worth $38,000 after acquiring an additional 246 shares during the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

About Datadog

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Datadog (NASDAQ:DDOG)

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