David Obstler Sells 16,323 Shares of Datadog (NASDAQ:DDOG) Stock

06 Jun 2026, 05:50 by Jessica Moore · The Cerbat Gem

Datadog, Inc. (NASDAQ:DDOG – Get Free Report) CFO David Obstler sold 16,323 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $267.15, for a total transaction of $4,360,689.45. Following the transaction, the chief financial officer owned 509,591 shares in the company, valued at approximately $136,137,235.65. This represents a 3.10% decrease in their ownership of the stock. The transaction was disclosed in a 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.

Datadog Price Performance

NASDAQ DDOG opened at $234.11 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The firm’s 50 day moving average price is $167.10 and its 200-day moving average price is $145.28. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $278.70. The company has a market cap of $83.33 billion, a PE ratio of 616.10, a P/E/G ratio of 26.08 and a beta of 1.56.

Datadog (NASDAQ:DDOG – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. Datadog’s revenue was up 32.1% compared to the same quarter last year. During the same period last year, the firm earned $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Sell-side analysts forecast that Datadog, Inc. will post 0.61 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have weighed in on DDOG. Guggenheim raised their target price on shares of Datadog from $175.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Evercore restated an “outperform” rating and issued a $225.00 target price on shares of Datadog in a research note on Thursday, May 7th. DA Davidson set a $250.00 target price on shares of Datadog in a research note on Friday, May 22nd. Oppenheimer raised their target price on shares of Datadog from $200.00 to $220.00 in a research note on Thursday, May 7th. Finally, Cantor Fitzgerald raised their target price on shares of Datadog from $171.00 to $226.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $219.69.

Get Our Latest Research Report on DDOG

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Elevation Point Wealth Partners LLC raised its holdings in shares of Datadog by 3.3% in the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock worth $242,000 after buying an additional 55 shares during the last quarter. Chicago Partners Investment Group LLC raised its holdings in shares of Datadog by 1.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock worth $622,000 after buying an additional 73 shares during the last quarter. Vivaldi Capital Management LP raised its holdings in shares of Datadog by 2.8% in the third quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock worth $383,000 after buying an additional 74 shares during the last quarter. Westside Investment Management Inc. raised its holdings in shares of Datadog by 74.3% in the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after buying an additional 75 shares during the last quarter. Finally, State of Wyoming raised its holdings in shares of Datadog by 4.1% in the first quarter. State of Wyoming now owns 1,946 shares of the company’s stock worth $230,000 after buying an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.

More Datadog News

Here are the key news stories impacting Datadog this week:

Positive Sentiment: Datadog’s recent earnings and outlook remain solid, with Q1 revenue rising 32.1% year over year, EPS beating estimates, and management guiding for continued growth. Analyst coverage is still broadly constructive, and several firms have recently raised price targets. Datadog latest report
Positive Sentiment: Recent commentary has framed Datadog as a beneficiary of renewed interest in AI-related software, which may be helping support longer-term investor sentiment. Software sector rebound report
Neutral Sentiment: Datadog also presented at the Bank of America 2026 Global Technology Conference, but the headline does not indicate a major new catalyst. Bank of America conference transcript
Negative Sentiment: Multiple Datadog insiders sold shares in recent filings, including CTO Alexis Le-Quoc, CEO Olivier Pomel, COO Adam Blitzer, CFO David M. Obstler, CRO Sean Michael Walters, and General Counsel Kerry Acocella. Most sales were tied to 10b5-1 plans or tax withholding on equity vesting, but the broad cluster of insider selling can still weigh on sentiment. SEC insider filing
Negative Sentiment: A separate report said insiders sold about $90 million of Datadog shares over the past year, reinforcing concerns that management may see limited near-term upside after the stock’s strong run. Datadog insiders sold US$90m of shares suggesting hesitancy

Datadog Company Profile

(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.