Insider Selling: Datadog (NASDAQ:DDOG) Director Sells 45,444 Shares of Stock

Key Points

• Datadog Director Amit Agarwal sold 45,444 shares of the company's stock for a total of approximately $6.82 million, resulting in a 96.52% reduction of his holdings to just 1,640 shares.
• The company's recent earnings report showed a 28.1% year-over-year revenue increase with earnings per share (EPS) of $0.46, beating analyst expectations.
• Datadog has experienced positive analyst sentiment, with numerous firms increasing their price targets, resulting in an average target of $156.69 and a consensus rating of "Moderate Buy."

Datadog, Inc. (NASDAQ:DDOG - Get Free Report) Director Amit Agarwal sold 45,444 shares of the business's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $150.08, for a total value of $6,820,235.52. Following the sale, the director directly owned 1,640 shares in the company, valued at $246,131.20. This trade represents a 96.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Thursday, September 18th, Amit Agarwal sold 18 shares of Datadog stock. The shares were sold at an average price of $135.23, for a total value of $2,434.14.
• On Wednesday, September 17th, Amit Agarwal sold 10,094 shares of Datadog stock. The shares were sold at an average price of $134.36, for a total value of $1,356,229.84.
• On Tuesday, September 16th, Amit Agarwal sold 33,333 shares of Datadog stock. The shares were 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 shares were sold at an average price of $138.34, for a total value of $6,148,382.96.

Datadog Price Performance

DDOG stock traded up $0.25 on Friday, reaching $151.82. The company had a trading volume of 5,141,342 shares, compared to its average volume of 5,688,758. Datadog, Inc. has a 1 year low of $81.63 and a 1 year high of $170.08. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.43 and a current ratio of 3.43. The company's fifty day moving average is $136.55 and its 200 day moving average is $123.05. The company has a market cap of $52.95 billion, a P/E ratio of 433.78, a PEG ratio of 59.74 and a beta of 1.21.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.46 earnings per share (EPS) 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 firm had revenue of $826.76 million for the quarter, compared to analyst estimates of $791.72 million. During the same quarter in the prior year, the company earned $0.43 EPS. Datadog's revenue 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. On average, research analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current year.

Institutional Trading of Datadog

A number of institutional investors and hedge funds have recently made changes to their positions in the company. V Square Quantitative Management LLC increased its holdings in shares of Datadog by 13.8% during the 2nd quarter. V Square Quantitative Management LLC now owns 601 shares of the company's stock worth $81,000 after buying an additional 73 shares during the last quarter. Ameritas Investment Partners Inc. increased its holdings in shares of Datadog by 0.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 10,466 shares of the company's stock worth $1,406,000 after buying an additional 82 shares during the last quarter. Biltmore Wealth Management LLC increased its holdings in shares of Datadog by 1.5% during the 2nd quarter. Biltmore Wealth Management LLC now owns 5,726 shares of the company's stock worth $769,000 after buying an additional 86 shares during the last quarter. Emerald Advisers LLC increased its holdings in shares of Datadog by 1.1% during the 1st quarter. Emerald Advisers LLC now owns 9,300 shares of the company's stock worth $923,000 after buying an additional 97 shares during the last quarter. Finally, YANKCOM Partnership increased its holdings in shares of Datadog by 12.0% during the 1st quarter. YANKCOM Partnership now owns 927 shares of the company's stock worth $92,000 after buying an additional 99 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DDOG has been the subject of several analyst reports. Monness Crespi & Hardt boosted their price target on Datadog from $160.00 to $185.00 and gave the company a "buy" rating in a report on Thursday, August 7th. BMO Capital Markets boosted their price target on Datadog from $150.00 to $154.00 and gave the company an "outperform" rating in a report on Monday. Citigroup boosted their price target on Datadog from $165.00 to $170.00 and gave the company a "buy" rating in a report on Monday, August 18th. Jefferies Financial Group boosted their price target on Datadog from $135.00 to $160.00 and gave the company a "buy" rating in a report on Monday, August 4th. Finally, Barclays set a $170.00 price target on Datadog and gave the company an "overweight" rating in a report on Thursday, August 7th. Twenty-five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $156.69.

About Datadog

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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