Datadog, Inc. (NASDAQ:DDOG – Get Free Report) COO Adam Blitzer sold 13,642 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $267.15, for a total transaction of $3,644,460.30. Following the completion of the transaction, the chief operating officer owned 275,973 shares of the company’s stock, valued at approximately $73,726,186.95. The trade was a 4.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Adam Blitzer also recently made the following trade(s):
- On Wednesday, June 3rd, Adam Blitzer sold 12,202 shares of Datadog stock. The shares were sold at an average price of $249.29, for a total transaction of $3,041,836.58.
Datadog Stock Performance
NASDAQ DDOG traded down $6.73 during trading on Thursday, reaching $243.60. The company’s stock had a trading volume of 6,970,327 shares, compared to its average volume of 5,998,771. The firm has a market cap of $86.71 billion, a price-to-earnings ratio of 641.07, a P/E/G ratio of 28.82 and a beta of 1.56. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $278.70. The business’s fifty day moving average price is $162.46 and its 200-day moving average price is $144.24. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40.
Analysts Set New Price Targets
Several equities research analysts have recently commented on DDOG shares. Cantor Fitzgerald increased their price objective on Datadog from $171.00 to $226.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Wall Street Zen raised Datadog from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. UBS Group raised their price target on Datadog from $195.00 to $220.00 and gave the company a “buy” rating in a report on Friday, May 8th. Mizuho upped their price objective on Datadog from $145.00 to $220.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Finally, Citigroup raised their price objective on Datadog from $175.00 to $218.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Datadog has an average rating of “Moderate Buy” and a consensus price target of $219.69.
Read Our Latest Analysis on DDOG
Hedge Funds Weigh In On Datadog
Large investors have recently modified their holdings of the stock. Brighton Jones LLC bought a new stake in Datadog in the 4th quarter valued at $209,000. Bison Wealth LLC bought a new position in shares of Datadog during the fourth quarter valued at about $228,000. Empowered Funds LLC increased its stake in shares of Datadog by 7.0% in the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after acquiring an additional 672 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Datadog by 17.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock valued at $76,000 after purchasing an additional 115 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in Datadog during the second quarter valued at approximately $509,000. 78.29% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Datadog
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Datadog was highlighted as one of the most upgraded software stocks last month, reinforcing Wall Street optimism around its growth outlook and the broader rebound in software names tied to AI adoption. 3 Most Upgraded Stocks Last Month According to MarketBeat (DDOG)
- Positive Sentiment: Recent commentary said software stocks are rebounding as investors view AI as a growth catalyst, which supports Datadog’s positioning in AI workload monitoring and observability. DDOG, ORCL, MSFT emerge as top software stock picks as the sector rebounds: report
- Positive Sentiment: A Seeking Alpha piece argued Datadog is becoming “too important to ignore,” citing Q1 2026 revenue of $761.6 million, 25% year-over-year growth, and expanding customer adoption across multiple product lines. Datadog Is Becoming Too Important To Ignore
- Neutral Sentiment: Management presented at the Bank of America 2026 Global Technology Conference, but no major new catalyst was identified in the headline provided. Datadog, Inc. (DDOG) Presents at Bank of America 2026 Global Technology Conference Transcript
- Neutral Sentiment: Datadog attracted heavy investor search interest on Zacks, but the item did not add a specific new business or financial update. Investors Heavily Search Datadog, Inc. (DDOG): Here is What You Need to Know
- Negative Sentiment: CTO Alexis Le-Quoc sold 53,912 shares and then another 21,506 shares in separate transactions, which can weigh on sentiment even though both sales were made under a pre-arranged 10b5-1 plan and for tax withholding tied to equity vesting. SEC insider filing
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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