Datadog (NASDAQ:DDOG) Director Amit Agarwal Sells 20,000 Shares of Stock

by · The Cerbat Gem

Datadog, Inc. (NASDAQ:DDOG – Get Free Report) Director Amit Agarwal sold 20,000 shares of the stock in a transaction on Monday, April 27th. The shares were sold at an average price of $131.47, for a total value of $2,629,400.00. Following the completion of the sale, the director owned 1,640 shares in the company, valued at approximately $215,610.80. The trade was a 92.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

  • On Wednesday, April 15th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $120.00, for a total value of $2,400,000.00.
  • On Monday, April 20th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $125.98, for a total value of $2,519,600.00.
  • On Wednesday, April 8th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $122.28, for a total value of $2,445,600.00.
  • On Wednesday, April 1st, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $120.53, for a total value of $2,410,600.00.
  • 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 value of $2,547,200.00.
  • On Monday, March 16th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $126.73, for a total value 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 Up 1.8%

Shares of NASDAQ DDOG opened at $133.98 on Thursday. The stock has a market cap of $47.24 billion, a P/E ratio of 432.19, a PEG ratio of 48.02 and a beta of 1.29. The company has a current ratio of 3.38, a quick ratio of 3.38 and a debt-to-equity ratio of 0.26. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $201.69. The business’s fifty day simple moving average is $121.07 and its 200-day simple moving average is $137.27.

Datadog (NASDAQ:DDOG – Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.04. The business had revenue of $953.19 million for the quarter, compared to analysts’ expectations of $916.53 million. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The company’s revenue for the quarter was up 29.2% compared to the same quarter last year. During the same period last year, the firm earned $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 predict that Datadog, Inc. will post 0.32 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on DDOG. Guggenheim upgraded Datadog from a “neutral” rating to a “buy” rating and set a $175.00 price target on the stock in a research note on Thursday, April 9th. Benchmark began coverage on Datadog in a research note on Wednesday, April 1st. They issued a “buy” rating on the stock. Wedbush cut their price target on Datadog from $215.00 to $190.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. TD Cowen cut their price target on Datadog from $215.00 to $190.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Finally, Evercore cut their price target on Datadog from $215.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $177.20.

Check Out Our Latest Stock Analysis on DDOG

Hedge Funds Weigh In On Datadog

Several hedge funds have recently made changes to their positions in DDOG. Rothschild Investment LLC grew its holdings in shares of Datadog by 126.6% during the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after purchasing an additional 100 shares during the last quarter. Physician Wealth Advisors Inc. grew its holdings in shares of Datadog by 315.2% during the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after purchasing an additional 145 shares during the last quarter. Westside Investment Management Inc. grew its holdings in shares of Datadog by 74.3% during the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after purchasing an additional 75 shares during the last quarter. JPL Wealth Management LLC purchased a new position in shares of Datadog during the third quarter worth about $27,000. Finally, Tripletail Wealth Management LLC purchased a new position in shares of Datadog during the third quarter worth about $28,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

About Datadog

(Get Free Report)

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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