Datadog (NASDAQ:DDOG) Director Amit Agarwal Sells 10,094 Shares

Key Points

• Director Amit Agarwal sold 10,094 shares of Datadog at an average price of $134.36, totaling approximately $1.36 million, which represents an 86.02% decrease in his position.
• Datadog reported $0.46 earnings per share for the last quarter, surpassing analysts' expectations, with revenue reaching $826.76 million, a year-over-year increase of 28.1%.
• The company's stock price recently rose to $138.82, with a trading volume significantly higher than its average, indicating strong market interest amidst institutional trading activity.

Datadog, Inc. (NASDAQ:DDOG - Get Free Report) Director Amit Agarwal sold 10,094 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $134.36, for a total value of $1,356,229.84. Following the completion of the sale, the director owned 1,640 shares in the company, valued at $220,350.40. This trade represents a 86.02% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Amit Agarwal also recently made the following trade(s):

• On Thursday, September 18th, Amit Agarwal sold 18 shares of Datadog stock. The stock was sold at an average price of $135.23, for a total value of $2,434.14.
• On Tuesday, September 16th, Amit Agarwal sold 33,333 shares of Datadog stock. The stock was sold at an average price of $134.80, for a total value of $4,493,288.40.
• On Monday, September 15th, Amit Agarwal sold 44,444 shares of Datadog stock. The stock was sold at an average price of $138.34, for a total value of $6,148,382.96.
• On Wednesday, June 25th, Amit Agarwal sold 23,058 shares of Datadog stock. The stock was sold at an average price of $130.87, for a total value of $3,017,600.46.

Datadog Price Performance

Shares of DDOG stock traded up $2.01 on Friday, reaching $138.82. The company's stock had a trading volume of 10,122,138 shares, compared to its average volume of 5,769,803. The stock's 50 day simple moving average is $136.67 and its 200-day simple moving average is $120.59. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $170.08. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $48.41 billion, a P/E ratio of 396.64, a PEG ratio of 53.14 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, beating 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 business had revenue of $826.76 million for the quarter, compared to the consensus estimate of $791.72 million. During the same quarter last year, the business posted $0.43 earnings per share. The company's revenue for the quarter 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. As a group, equities analysts predict that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Institutional Trading of Datadog

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DDOG. Wealth Enhancement Advisory Services LLC boosted its stake in Datadog by 32.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 15,506 shares of the company's stock valued at $2,216,000 after acquiring an additional 3,760 shares in the last quarter. Motley Fool Asset Management LLC boosted its stake in Datadog by 149.0% in the first quarter. Motley Fool Asset Management LLC now owns 38,132 shares of the company's stock valued at $3,783,000 after acquiring an additional 22,818 shares in the last quarter. LBP AM SA boosted its stake in Datadog by 40.2% in the first quarter. LBP AM SA now owns 419,805 shares of the company's stock valued at $41,649,000 after acquiring an additional 120,343 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Datadog by 24.7% during the first quarter. Envestnet Asset Management Inc. now owns 787,344 shares of the company's stock worth $78,112,000 after buying an additional 156,152 shares during the period. Finally, Total Wealth Planning & Management Inc. acquired a new stake in shares of Datadog during the fourth quarter worth $314,000. 78.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DDOG. Guggenheim reaffirmed a "sell" rating and set a $105.00 price objective on shares of Datadog in a research note on Tuesday, July 8th. Stifel Nicolaus raised their target price on Datadog from $120.00 to $135.00 and gave the stock a "hold" rating in a research note on Thursday, June 26th. Citigroup raised their target price on Datadog from $165.00 to $170.00 and gave the stock a "buy" rating in a research note on Monday, August 18th. Wedbush reissued an "outperform" rating and issued a $140.00 target price on shares of Datadog in a research note on Wednesday, June 11th. Finally, Mizuho lifted their price objective on Datadog from $145.00 to $155.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. Twenty-four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Datadog has a consensus rating of "Moderate Buy" and a consensus target price of $153.10.

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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