Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Datadog, Inc. NASDAQ: DDOG. In a filing disclosed on July 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Datadog stock on June 11th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT #2" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Zoom Communications NASDAQ: ZM on 6/25/2025.
- Purchased $1,001 - $15,000 in shares of Coinbase Global NASDAQ: COIN on 6/24/2025.
- Purchased $1,001 - $15,000 in shares of Circle Internet Group NYSE: CRCL on 6/24/2025.
- Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 6/23/2025.
- Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 6/13/2025.
- Sold $1,001 - $15,000 in shares of Atlassian NASDAQ: TEAM on 6/11/2025.
- Purchased $1,001 - $15,000 in shares of ServiceTitan NASDAQ: TTAN on 6/11/2025.
- Sold $1,001 - $15,000 in shares of GitLab NASDAQ: GTLB on 6/11/2025.
- Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.
- Sold $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 6/11/2025.
Datadog Stock Up 1.3%
Shares of NASDAQ:DDOG traded up $1.87 during trading hours on Friday, hitting $145.02. The company's stock had a trading volume of 3,607,634 shares, compared to its average volume of 5,015,240. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.74 and a quick ratio of 2.74. The company has a market capitalization of $50.08 billion, a price-to-earnings ratio of 315.27, a P/E/G ratio of 79.75 and a beta of 1.03. The firm's fifty day moving average price is $127.40 and its 200 day moving average price is $120.60. Datadog, Inc. has a 52 week low of $81.63 and a 52 week high of $170.08.
Datadog (NASDAQ:DDOG - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.04. The business had revenue of $761.55 million for the quarter, compared to analyst estimates of $741.73 million. Datadog had a net margin of 5.85% and a return on equity of 6.39%. Datadog's revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.44 EPS. As a group, research analysts expect that Datadog, Inc. will post 0.34 EPS for the current year.
Analyst Upgrades and Downgrades
DDOG has been the topic of several recent analyst reports. Morgan Stanley increased their price objective on shares of Datadog from $115.00 to $165.00 and gave the company an "equal weight" rating in a report on Thursday, July 10th. Cantor Fitzgerald increased their target price on shares of Datadog from $134.00 to $171.00 and gave the company an "overweight" rating in a research report on Wednesday. Needham & Company LLC set a $140.00 target price on shares of Datadog and gave the company a "buy" rating in a research report on Thursday, June 12th. DA Davidson raised their price objective on shares of Datadog from $115.00 to $125.00 and gave the stock a "buy" rating in a research report on Monday, May 5th. Finally, Bank of America lifted their price target on shares of Datadog from $150.00 to $175.00 and gave the company a "buy" rating in a research report on Monday, July 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-four have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $145.34.
Check Out Our Latest Stock Analysis on Datadog
Hedge Funds Weigh In On Datadog
A number of hedge funds have recently added to or reduced their stakes in DDOG. OVERSEA CHINESE BANKING Corp Ltd raised its stake in shares of Datadog by 887.0% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company's stock valued at $25,000 after purchasing an additional 22,646 shares in the last quarter. Cornerstone Planning Group LLC raised its position in Datadog by 96.9% in the first quarter. Cornerstone Planning Group LLC now owns 313 shares of the company's stock worth $30,000 after acquiring an additional 154 shares in the last quarter. Costello Asset Management INC bought a new stake in Datadog in the first quarter worth about $30,000. Putney Financial Group LLC bought a new stake in Datadog in the fourth quarter worth about $32,000. Finally, Elequin Capital LP bought a new stake in Datadog in the fourth quarter worth about $34,000. Institutional investors and hedge funds own 78.29% of the company's stock.
Insider Transactions at Datadog
In other Datadog news, CTO Alexis Le-Quoc sold 41,468 shares of Datadog stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $139.27, for a total transaction of $5,775,248.36. Following the transaction, the chief technology officer owned 452,769 shares of the company's stock, valued at $63,057,138.63. The trade was a 8.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CRO Sean Michael Walters sold 9,469 shares of Datadog stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $150.00, for a total value of $1,420,350.00. Following the transaction, the executive directly owned 212,324 shares in the company, valued at approximately $31,848,600. This trade represents a 4.27% decrease in their position. The disclosure for this sale can be found here. Insiders sold 957,666 shares of company stock valued at $117,576,223 in the last quarter. 8.70% of the stock is owned by company insiders.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
About Datadog
(
Get Free Report)
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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