Datadog (NASDAQ:DDOG) CEO Olivier Pomel Sells 32,923 Shares

Key Points

• Olivier Pomel, CEO of Datadog, sold 32,923 shares at an average price of $135.74, totaling approximately $4.47 million, resulting in a 5.81% decrease in his holdings.
• Datadog's recent quarterly earnings reported $0.46 EPS, exceeding estimates, with revenues of $826.76 million, marking a 28.1% increase year-over-year.
• The stock is currently rated as a Moderate Buy by analysts with an average target price of $153.10, reflecting positive outlooks from multiple investment firms.

Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CEO Olivier Pomel sold 32,923 shares of the company's stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $135.74, for a total value of $4,468,968.02. Following the completion of the transaction, the chief executive officer directly owned 533,358 shares of the company's stock, valued at approximately $72,398,014.92. This trade represents a 5.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Tuesday, September 2nd, Olivier Pomel sold 15,357 shares of Datadog stock. The stock was sold at an average price of $133.85, for a total transaction of $2,055,534.45.
• On Monday, August 11th, Olivier Pomel sold 32,923 shares of Datadog stock. The stock was sold at an average price of $130.38, for a total value of $4,292,500.74.
• On Monday, July 28th, Olivier Pomel sold 11,195 shares of Datadog stock. The shares were sold at an average price of $150.82, for a total transaction of $1,688,429.90.
• On Tuesday, July 8th, Olivier Pomel sold 32,924 shares of Datadog stock. The stock was sold at an average price of $146.05, for a total transaction of $4,808,550.20.
• On Wednesday, June 25th, Olivier Pomel sold 100,754 shares of Datadog stock. The shares were sold at an average price of $131.88, for a total value of $13,287,437.52.

Datadog Price Performance

NASDAQ DDOG traded down $1.33 on Wednesday, hitting $139.13. 4,858,721 shares of the company were exchanged, compared to its average volume of 4,366,024. Datadog, Inc. has a 1-year low of $81.63 and a 1-year high of $170.08. The firm has a 50 day moving average of $137.99 and a two-hundred day moving average of $119.55. The company has a market cap of $48.52 billion, a P/E ratio of 334.43, a P/E/G ratio of 56.54 and a beta of 1.10. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.05. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The business had revenue of $826.76 million during the quarter, compared to the consensus estimate of $791.72 million. During the same period in the previous year, the firm posted $0.43 earnings per share. Datadog's revenue for the quarter was up 28.1% compared to the same quarter last year. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. On average, equities analysts predict that Datadog, Inc. will post 0.34 EPS for the current year.

Wall Street Analyst Weigh In

DDOG has been the subject of a number of research analyst reports. Needham & Company LLC reaffirmed a "buy" rating and issued a $175.00 target price on shares of Datadog in a research note on Thursday, August 14th. Wolfe Research raised Datadog from a "peer perform" rating to an "outperform" rating and set a $150.00 price objective for the company in a research report on Thursday, June 12th. Jefferies Financial Group lifted their target price on Datadog from $135.00 to $160.00 and gave the company a "buy" rating in a research report on Monday, August 4th. DA Davidson set a $160.00 target price on Datadog and gave the company a "buy" rating in a research note on Tuesday, August 5th. Finally, Citigroup raised their price target on shares of Datadog from $165.00 to $170.00 and gave the stock a "buy" rating in a research note on Monday, August 18th. Twenty-four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Datadog has a consensus rating of "Moderate Buy" and an average target price of $153.10.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Brighton Jones LLC acquired a new stake in Datadog during the 4th quarter valued at $209,000. Bison Wealth LLC acquired a new stake in shares of Datadog during the 4th quarter worth about $228,000. Captrust Financial Advisors boosted its holdings in shares of Datadog by 17.6% during the 4th quarter. Captrust Financial Advisors now owns 11,190 shares of the company's stock worth $1,599,000 after buying an additional 1,677 shares during the period. Focus Partners Wealth boosted its holdings in shares of Datadog by 101.4% during the 4th quarter. Focus Partners Wealth now owns 9,865 shares of the company's stock worth $1,436,000 after buying an additional 4,967 shares during the period. Finally, LRI Investments LLC grew its stake in Datadog by 1,006.5% in the 4th quarter. LRI Investments LLC now owns 852 shares of the company's stock valued at $122,000 after buying an additional 775 shares during the last quarter. Institutional investors own 78.29% of the company's stock.

Datadog Company Profile

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.

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