Kerry Acocella Sells 5,371 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) General Counsel Kerry Acocella sold 5,371 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $233.91, for a total value of $1,256,330.61. Following the transaction, the general counsel directly owned 127,866 shares of the company’s stock, valued at approximately $29,909,136.06. This represents a 4.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kerry Acocella also recently made the following trade(s):

• On Tuesday, June 2nd, Kerry Acocella sold 7,252 shares of Datadog stock. The stock was sold at an average price of $267.15, for a total transaction of $1,937,371.80.
• On Tuesday, May 5th, Kerry Acocella sold 13,857 shares of Datadog stock. The shares were sold at an average price of $150.00, for a total transaction of $2,078,550.00.

Datadog Stock Down 1.6%

Shares of Datadog stock opened at $223.00 on Friday. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $278.70. The company has a market capitalization of $79.38 billion, a P/E ratio of 586.86, a P/E/G ratio of 24.27 and a beta of 1.56. The company has a 50 day moving average of $187.09 and a 200 day moving average of $149.26.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating 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 company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. During the same period in the prior year, the firm posted $0.46 EPS. The company’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. As a group, research analysts forecast that Datadog, Inc. will post 0.61 EPS for the current fiscal year.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Truist upgraded Datadog to Buy from Hold and raised its price target to $300, highlighting confidence in Datadog’s growth outlook and AI-related demand. Truist upgrades Datadog to Buy from Neutral
• Positive Sentiment: Scotiabank raised its price target on Datadog to $275 from $225 and maintained a Sector Outperform rating, adding to the wave of bullish analyst commentary. Scotiabank adjusts price target on Datadog to 275 from 225
• Positive Sentiment: Citigroup and Capital One also lifted their targets to $270 and $268, respectively, reinforcing expectations for continued upside from durable AI-driven demand and cloud monitoring growth. Citi raises Datadog target to $270 citing durable AI-driven demand
• Neutral Sentiment: Coverage around Datadog’s Q1 results and product momentum, including stronger AI observability and security offerings, continues to support the bull case, but it is largely a continuation of existing growth themes rather than a fresh catalyst. Datadog strongest Q1 results from the cloud monitoring group
• Negative Sentiment: Recent insider selling, including sales by CEO Olivier Pomel, General Counsel Kerry Acocella, and Director Amit Agarwal, may be weighing on sentiment even though the trades were made under pre-arranged 10b5-1 plans. Datadog insider trade details

Institutional Investors Weigh In On Datadog

Several hedge funds and other institutional investors have recently bought and sold shares of DDOG. Nomura Asset Management Co. Ltd. increased its stake in shares of Datadog by 8.0% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company’s stock worth $20,762,000 after acquiring an additional 11,348 shares during the period. MUFG Securities EMEA plc lifted its position in Datadog by 115.6% in the fourth quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company’s stock valued at $1,814,000 after purchasing an additional 7,154 shares during the period. Norges Bank acquired a new stake in Datadog in the fourth quarter valued at about $469,461,000. Vanguard Group Inc. boosted its holdings in Datadog by 30.3% in 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 in the last quarter. Finally, BNP Paribas boosted its holdings in Datadog by 18.4% in the 4th quarter. BNP Paribas now owns 41,280 shares of the company’s stock valued at $5,614,000 after purchasing an additional 6,403 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on DDOG shares. Canadian Imperial Bank of Commerce raised their price target on Datadog from $250.00 to $280.00 and gave the company an “outperform” rating in a research note on Wednesday, June 10th. Scotiabank reaffirmed an “outperform” rating and set a $275.00 price objective (up from $225.00) on shares of Datadog in a research report on Thursday. Truist Financial upgraded Datadog from a “hold” rating to a “buy” rating and increased their price objective for the company from $190.00 to $300.00 in a report on Monday. Mizuho raised their target price on Datadog from $145.00 to $220.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $226.00 target price on shares of Datadog in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Datadog presently has a consensus rating of “Moderate Buy” and a consensus price target of $239.48.

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.