Insider Selling: Datadog (NASDAQ:DDOG) CTO Sells 21,772 Shares

Key Points

• Datadog CTO Alexis Le-Quoc sold 21,772 shares at an average price of $212.90, generating approximately $4.64 million. The sale covered tax-withholding obligations tied to vested equity awards and reduced his direct holdings by 4.27% to 488,033 shares.
• Datadog shares fell 0.9% to $212.93, while the company reported quarterly revenue of $1.12 billion and adjusted earnings of $0.65 per share, beating analyst estimates; revenue increased 35.6% year over year.
• Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and an average price target of $276.32. Institutional investors own approximately 78.29% of Datadog’s outstanding shares.

Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CTO Alexis Le-Quoc sold 21,772 shares of the company's stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $212.90, for a total value of $4,635,258.80. Following the transaction, the chief technology officer directly owned 488,033 shares in the company, valued at approximately $103,902,225.70. This represents a 4.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Tuesday, September 1st, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $227.02, for a total value of $12,239,102.24.
• On Monday, August 24th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The shares were sold at an average price of $228.63, for a total value of $9,882,303.12.
• 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 value 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 value of $11,464,301.52.
• On Wednesday, July 8th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The shares were 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.

Datadog Trading Down 0.9%

DDOG stock traded down $1.83 during trading on Friday, hitting $212.93. The company had a trading volume of 2,493,749 shares, compared to its average volume of 5,499,505. The firm has a market capitalization of $76.46 billion, a P/E ratio of 434.56, a PEG ratio of 20.49 and a beta of 1.49. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $292.72. The company has a 50 day simple moving average of $250.18 and a 200-day simple moving average of $193.14. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23.

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

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Canaccord Genuity Group boosted their price target on Datadog from $250.00 to $295.00 and gave the company a "buy" rating in a report on Tuesday, August 4th. Citizens Jmp lifted their target price on Datadog from $225.00 to $311.00 and gave the company a "market outperform" rating in a research report on Monday, July 20th. Rosenblatt Securities lifted their target price on Datadog from $220.00 to $305.00 and gave the company a "buy" rating in a research report on Tuesday, August 4th. Scotiabank upped their target price on Datadog from $275.00 to $285.00 and gave the stock an "outperform" rating in a report on Friday, August 7th. Finally, Craig Hallum assumed coverage on Datadog in a research report on Monday, June 15th. They set a "buy" rating on the stock. One analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $276.32.

Hedge Funds Weigh In On Datadog

A number of large investors have recently bought and sold shares of the business. Parkside Financial Bank & Trust lifted its holdings in Datadog by 620.5% during the second quarter. Parkside Financial Bank & Trust now owns 5,202 shares of the company's stock worth $1,354,000 after buying an additional 4,480 shares during the period. Range Advisory LLC increased its holdings in shares of Datadog by 6.3% in the 2nd quarter. Range Advisory LLC now owns 19,965 shares of the company's stock valued at $5,198,000 after acquiring an additional 1,177 shares during the period. Brown Lisle Cummings Inc. raised its position in shares of Datadog by 367.4% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 416 shares of the company's stock worth $108,000 after acquiring an additional 327 shares in the last quarter. Cornerstone Financial Management LLC raised its position in shares of Datadog by 54.9% in the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company's stock worth $33,000 after acquiring an additional 45 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Datadog during the 2nd quarter worth $13,916,000. Institutional investors own 78.29% of the company's stock.

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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