Datadog (NASDAQ:DDOG) CEO Sells $1,544,238.30 in Stock

Key Points

• Datadog CEO Olivier Pomel sold 11,195 shares of the company’s stock for a total of $1,544,238.30, reducing his ownership by 2.06%.
• The company's recent quarterly earnings were strong, reporting a 28.1% year-over-year revenue increase to $826.76 million, surpassing analysts' expectations.
• Datadog's stock received a consensus target price of $153.10 from analysts, with the majority rating it a "Moderate Buy."

Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CEO Olivier Pomel sold 11,195 shares of the business's stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $137.94, for a total value of $1,544,238.30. Following the completion of the transaction, the chief executive officer owned 533,358 shares of the company's stock, valued at $73,571,402.52. This represents a 2.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

• On Monday, September 8th, Olivier Pomel sold 32,923 shares of Datadog stock. The shares were sold at an average price of $135.74, for a total value of $4,468,968.02.
• On Tuesday, September 2nd, Olivier Pomel sold 15,357 shares of Datadog stock. The shares were sold at an average price of $133.85, for a total value of $2,055,534.45.
• On Monday, August 11th, Olivier Pomel sold 32,923 shares of Datadog stock. The shares were 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 value 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 value of $4,808,550.20.

Datadog Stock Up 0.0%

NASDAQ:DDOG traded up $0.03 during trading hours on Thursday, reaching $136.60. 2,170,122 shares of the stock were exchanged, compared to its average volume of 5,712,483. Datadog, Inc. has a twelve month low of $81.63 and a twelve month high of $170.08. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.43 and a quick ratio of 3.43. The firm has a 50 day moving average of $136.58 and a 200 day moving average of $121.27. The stock has a market cap of $47.64 billion, a PE ratio of 390.30, a PEG ratio of 54.43 and a beta of 1.10.

Datadog (NASDAQ:DDOG - Get Free Report) last released 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 return on equity of 5.04% and a net margin of 4.13%.The firm had revenue of $826.76 million during the quarter, compared to the consensus estimate of $791.72 million. During the same quarter in the prior year, the firm posted $0.43 EPS. The business's revenue was up 28.1% on a year-over-year basis. 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 expect that Datadog, Inc. will post 0.34 earnings per share for the current year.

Wall Street Analyst Weigh In

DDOG has been the subject of a number of recent research reports. Needham & Company LLC reaffirmed a "buy" rating and set a $175.00 price target on shares of Datadog in a research report on Thursday, August 14th. Morgan Stanley upped their price objective on Datadog from $115.00 to $165.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 10th. Sanford C. Bernstein reiterated an "outperform" rating on shares of Datadog in a research note on Friday, August 8th. Scotiabank reiterated an "outperform" rating on shares of Datadog in a research note on Friday, August 8th. Finally, Guggenheim reiterated a "sell" rating and set a $105.00 price objective on shares of Datadog in a research note on Tuesday, July 8th. Twenty-four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $153.10.

Institutional Investors Weigh In On Datadog

A number of large investors have recently added to or reduced their stakes in the business. V Square Quantitative Management LLC increased its position in Datadog by 13.8% during the 2nd quarter. V Square Quantitative Management LLC now owns 601 shares of the company's stock worth $81,000 after buying an additional 73 shares during the period. Ameritas Investment Partners Inc. increased its position in Datadog by 0.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 10,466 shares of the company's stock worth $1,406,000 after buying an additional 82 shares during the period. Biltmore Wealth Management LLC increased its position in Datadog by 1.5% during the 2nd quarter. Biltmore Wealth Management LLC now owns 5,726 shares of the company's stock worth $769,000 after buying an additional 86 shares during the period. Emerald Advisers LLC increased its position in Datadog by 1.1% during the 1st quarter. Emerald Advisers LLC now owns 9,300 shares of the company's stock worth $923,000 after buying an additional 97 shares during the period. Finally, YANKCOM Partnership increased its position in Datadog by 12.0% during the 1st quarter. YANKCOM Partnership now owns 927 shares of the company's stock worth $92,000 after buying an additional 99 shares during the period. 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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