Datadog (NASDAQ:DDOG) CEO Sells $4,227,556.20 in Stock

Key Points

• Olivier Pomel, CEO of Datadog, sold 25,620 shares of the company's stock for approximately $4.23 million, resulting in a 4.58% decrease in his ownership position.
• Datadog reported a 28.1% increase in revenue year-over-year, with $826.76 million generated in the last quarter, exceeding analyst estimates.
• Institutional investors continue to hold a significant portion of Datadog's stock, with 78.29% owned by these investors, indicating strong market confidence.

Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CEO Olivier Pomel sold 25,620 shares of Datadog stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $165.01, for a total transaction of $4,227,556.20. Following the transaction, the chief executive officer owned 533,358 shares of the company's stock, valued at approximately $88,009,403.58. The trade was a 4.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• On Tuesday, October 7th, Olivier Pomel sold 32,923 shares of Datadog stock. The stock was sold at an average price of $154.43, for a total transaction of $5,084,298.89.
• On Thursday, October 9th, Olivier Pomel sold 63,939 shares of Datadog stock. The stock was sold at an average price of $165.02, for a total transaction of $10,551,213.78.
• On Tuesday, September 23rd, Olivier Pomel sold 11,195 shares of Datadog stock. The stock was sold at an average price of $137.94, for a total transaction of $1,544,238.30.
• On Monday, September 8th, Olivier Pomel sold 32,923 shares of Datadog stock. The stock was sold at an average price of $135.74, for a total transaction of $4,468,968.02.
• 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 transaction of $4,292,500.74.
• On Monday, July 28th, Olivier Pomel sold 11,195 shares of Datadog stock. The stock was sold at an average price of $150.82, for a total transaction of $1,688,429.90.

Datadog Trading Down 0.0%

DDOG stock traded down $0.05 on Thursday, hitting $164.07. 3,387,628 shares of the company were exchanged, compared to its average volume of 5,666,186. 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 business's fifty day moving average is $137.11 and its two-hundred day moving average is $124.51. The stock has a market capitalization of $57.22 billion, a price-to-earnings ratio of 468.78, a price-to-earnings-growth ratio of 60.46 and a beta of 1.21.

Datadog (NASDAQ:DDOG - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.41 by $0.05. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The firm had revenue of $826.76 million during the quarter, compared to analyst estimates of $791.72 million. During the same quarter in the prior year, the business 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. As a group, research analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Datadog by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 32,153,489 shares of the company's stock valued at $4,319,178,000 after acquiring an additional 740,457 shares during the last quarter. Baillie Gifford & Co. boosted its stake in Datadog by 12.6% during the 1st quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company's stock valued at $1,217,769,000 after acquiring an additional 1,369,522 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Datadog by 259.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company's stock worth $858,994,000 after buying an additional 6,250,942 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Datadog by 23.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,729,254 shares of the company's stock worth $667,611,000 after buying an additional 1,261,065 shares during the last quarter. Finally, Brown Advisory Inc. lifted its position in shares of Datadog by 23.3% in the 2nd quarter. Brown Advisory Inc. now owns 5,983,687 shares of the company's stock worth $803,793,000 after buying an additional 1,130,675 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DDOG has been the subject of several recent research reports. DA Davidson increased their price objective on shares of Datadog from $170.00 to $180.00 and gave the stock a "buy" rating in a research report on Friday, October 3rd. Wolfe Research raised shares of 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. Sanford C. Bernstein raised their price target on shares of Datadog from $147.00 to $170.00 and gave the company an "outperform" rating in a report on Wednesday. Barclays set a $170.00 price target on shares of Datadog and gave the stock an "overweight" rating in a research note on Thursday, August 7th. Finally, Wedbush reissued an "outperform" rating and issued a $140.00 price objective on shares of Datadog in a research report on Wednesday, June 11th. Twenty-four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $158.46.

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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