Datadog (NASDAQ:DDOG) CTO Sells $9,882,303.12 in Stock

Key Points

• Datadog CTO Alexis Le-Quoc sold 43,224 shares at an average price of $228.63, generating $9.88 million. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, leaving him with 509,805 shares.
• Datadog reported quarterly revenue of $1.12 billion, up 35.6% year over year, and EPS of $0.65, exceeding analysts’ estimate of $0.58.
• The stock traded at $227.67, while analysts maintained a broadly positive outlook with a “Moderate Buy” consensus rating and an average price target of $276.32.

Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CTO Alexis Le-Quoc sold 43,224 shares of Datadog stock in a transaction on Monday, August 24th. The stock was sold at an average price of $228.63, for a total value of $9,882,303.12. Following the sale, the chief technology officer owned 509,805 shares in the company, valued at $116,556,717.15. The trade was a 7.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Alexis Le-Quoc also recently made the following trade(s):

• On Monday, August 10th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The shares were sold at an average price of $253.36, for a total transaction of $13,659,144.32.
• On Monday, July 20th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The stock was sold at an average price of $265.23, for a total transaction of $11,464,301.52.
• On Wednesday, July 8th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $257.24, for a total transaction of $13,868,322.88.
• On Monday, June 22nd, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The stock was sold at an average price of $220.97, for a total transaction of $9,551,207.28.
• On Tuesday, June 2nd, Alexis Le-Quoc sold 21,506 shares of Datadog stock. The shares were sold at an average price of $267.15, for a total transaction of $5,745,327.90.
• On Monday, June 1st, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The shares were sold at an average price of $271.05, for a total transaction of $14,612,847.60.

Datadog Stock Performance

Shares of Datadog stock traded up $4.68 on Wednesday, reaching $227.67. 4,038,032 shares of the company traded hands, compared to its average volume of 5,562,264. The company has a 50 day moving average of $249.50 and a 200 day moving average of $187.85. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $292.72. The firm has a market capitalization of $81.75 billion, a PE ratio of 464.64, a PEG ratio of 21.99 and a beta of 1.54.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The company had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.08 billion. During the same quarter in the previous year, the firm posted $0.46 EPS. Datadog's revenue was up 35.6% on a year-over-year basis. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Equities analysts forecast that Datadog, Inc. will post 0.7 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Zacks Research lowered Datadog from a "strong-buy" rating to a "hold" rating in a report on Monday, August 17th. Robert W. Baird set a $300.00 price objective on shares of Datadog in a report on Friday, August 7th. Monness Crespi & Hardt upped their price target on shares of Datadog from $255.00 to $270.00 in a research note on Thursday, May 7th. New Street Research set a $260.00 target price on Datadog in a research note on Thursday, June 11th. Finally, Raymond James Financial reissued an "outperform" rating and issued a $280.00 price target on shares of Datadog in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Datadog currently has an average rating of "Moderate Buy" and an average target price of $276.32.

Hedge Funds Weigh In On Datadog

Large investors have recently bought and sold shares of the stock. Elevation Point Wealth Partners LLC raised its position in Datadog by 3.3% during the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company's stock valued at $242,000 after acquiring an additional 55 shares in the last quarter. Chicago Partners Investment Group LLC boosted its position in Datadog by 1.6% in the 4th quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company's stock worth $622,000 after purchasing an additional 73 shares in the last quarter. Vivaldi Capital Management LP grew its stake in shares of Datadog by 2.8% during the 3rd quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company's stock worth $383,000 after purchasing an additional 74 shares during the period. State of Wyoming grew its stake in shares of Datadog by 4.1% during the 1st quarter. State of Wyoming now owns 1,946 shares of the company's stock worth $230,000 after purchasing an additional 76 shares during the period. Finally, Certuity LLC grew its stake in shares of Datadog by 5.4% during the 4th quarter. Certuity LLC now owns 1,588 shares of the company's stock worth $216,000 after purchasing an additional 82 shares during the period. 78.29% of the stock is owned by hedge funds and other institutional investors.

About Datadog

Datadog NASDAQ: DDOG is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog's platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company's product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.

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