Insider Selling: Datadog (NASDAQ:DDOG) Director Sells $1,237,500.00 in Stock

Key Points

• Datadog Director Julie Richardson sold 5,625 shares for $1.24 million at an average price of $220. Following the transaction, her direct holdings fell 63.9% to 3,178 shares; the sale was conducted under a pre-arranged Rule 10b5-1 plan.
• Datadog shares recently traded down 1.3% to $210.23, while the company carries a $75.49 billion market capitalization and a high price-to-earnings ratio of 429.05.
• Datadog exceeded quarterly expectations, reporting $0.65 in EPS and $1.12 billion in revenue, with revenue up 35.6% year over year. Analysts maintain a “Moderate Buy” consensus rating and an average price target of $276.32.

Datadog, Inc. (NASDAQ:DDOG - Get Free Report) Director Julie Richardson sold 5,625 shares of the company's stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $220.00, for a total value of $1,237,500.00. Following the transaction, the director directly owned 3,178 shares in the company, valued at approximately $699,160. This represents a 63.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Datadog Trading Down 1.3%

Shares of DDOG stock traded down $2.70 on Tuesday, reaching $210.23. 5,201,253 shares of the stock were exchanged, compared to its average volume of 5,497,810. 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 one year low of $98.01 and a one year high of $292.72. The stock has a market cap of $75.49 billion, a PE ratio of 429.05, a P/E/G ratio of 20.85 and a beta of 1.49. The stock has a 50 day moving average price of $248.93 and a 200 day moving average price of $194.39.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.07. The business had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The firm's quarterly revenue was up 35.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.46 earnings per share. 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 research analysts forecast that Datadog, Inc. will post 0.7 EPS for the current fiscal year.

Institutional Investors Weigh In On Datadog

A number of institutional investors and hedge funds have recently modified their holdings of DDOG. JPL Wealth Management LLC bought a new position in Datadog during the third quarter worth about $27,000. EMC Capital Management acquired a new stake in Datadog during the 2nd quarter valued at $28,000. Cornerstone Financial Management LLC lifted its holdings in Datadog by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company's stock valued at $33,000 after purchasing an additional 45 shares during the last quarter. Rothschild Investment LLC boosted its position in Datadog by 52.5% during the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company's stock worth $37,000 after purchasing an additional 94 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its position in Datadog by 341.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company's stock worth $38,000 after purchasing an additional 246 shares during the period. 78.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Citizens Jmp lifted their target price on shares of Datadog from $225.00 to $311.00 and gave the stock a "market outperform" rating in a report on Monday, July 20th. KeyCorp increased their price target on Datadog from $225.00 to $320.00 and gave the company an "overweight" rating in a research note on Thursday, July 16th. Zacks Research lowered Datadog from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 17th. New Street Research set a $260.00 price objective on Datadog in a research note on Thursday, June 11th. Finally, Scotiabank raised their price objective on shares of Datadog from $275.00 to $285.00 and gave the stock an "outperform" rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $276.32.

Datadog Company Profile

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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