Datadog (NASDAQ:DDOG) Director Sells $2,410,600.00 in Stock
by Kim Johansen · The Markets DailyDatadog, Inc. (NASDAQ:DDOG – Get Free Report) Director Amit Agarwal sold 20,000 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $120.53, for a total transaction of $2,410,600.00. Following the transaction, the director directly owned 1,640 shares in the company, valued at approximately $197,669.20. The trade was a 92.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amit Agarwal also recently made the following trade(s):
- On Monday, March 23rd, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $127.36, for a total transaction of $2,547,200.00.
- On Monday, March 16th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $126.73, for a total transaction of $2,534,600.00.
- On Monday, March 9th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $124.81, for a total value of $2,496,200.00.
Datadog Stock Performance
Shares of DDOG stock remained flat at $120.36 during midday trading on Friday. The company’s stock had a trading volume of 3,316,152 shares, compared to its average volume of 4,335,021. Datadog, Inc. has a 1 year low of $81.63 and a 1 year high of $201.69. The firm has a market cap of $42.44 billion, a price-to-earnings ratio of 388.26, a PEG ratio of 32.62 and a beta of 1.29. The company has a 50-day simple moving average of $122.17 and a 200 day simple moving average of $140.42. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.38 and a current ratio of 3.38.
Datadog (NASDAQ:DDOG – Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. The company had revenue of $953.19 million for the quarter, compared to analyst estimates of $916.53 million. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The firm’s revenue was up 29.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.49 earnings per share. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. As a group, equities analysts expect that Datadog, Inc. will post 0.34 EPS for the current fiscal year.
Institutional Investors Weigh In On Datadog
A number of institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Datadog by 30.3% during the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after acquiring an additional 9,748,738 shares in the last quarter. State Street Corp lifted its position in Datadog by 106.8% in the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock valued at $1,955,547,000 after acquiring an additional 7,091,075 shares in the last quarter. Norges Bank purchased a new stake in Datadog during the 4th quarter valued at $469,461,000. Jennison Associates LLC increased its holdings in shares of Datadog by 43.7% in the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock worth $1,036,787,000 after purchasing an additional 2,316,994 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Datadog by 119.2% in the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock worth $580,383,000 after purchasing an additional 2,216,402 shares in the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the stock. Rosenblatt Securities restated a “buy” rating and issued a $185.00 price objective on shares of Datadog in a report on Wednesday, February 11th. Mizuho cut their price target on Datadog from $200.00 to $170.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 21st. KeyCorp reduced their price objective on Datadog from $170.00 to $155.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Datadog in a research note on Wednesday, January 21st. Finally, Truist Financial dropped their target price on Datadog from $195.00 to $140.00 and set a “hold” rating on the stock in a report on Wednesday, January 7th. Thirty-seven investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Datadog presently has a consensus rating of “Moderate Buy” and an average target price of $179.62.
Get Our Latest Research Report on DDOG
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.