Datadog (NASDAQ:DDOG) CRO Sean Michael Walters Sells 13,409 Shares of Stock

Datadog, Inc. (NASDAQ:DDOGGet Free Report) CRO Sean Michael Walters sold 13,409 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 value of $3,582,214.35. Following the sale, the executive owned 270,296 shares of the company’s stock, valued at approximately $72,209,576.40. This trade represents a 4.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sean Michael Walters also recently made the following trade(s):

  • On Thursday, May 7th, Sean Michael Walters sold 7,657 shares of Datadog stock. The stock was sold at an average price of $188.50, for a total value of $1,443,344.50.
  • On Tuesday, May 5th, Sean Michael Walters sold 1,914 shares of Datadog stock. The stock was sold at an average price of $150.00, for a total value of $287,100.00.
  • On Wednesday, March 11th, Sean Michael Walters sold 22,330 shares of Datadog stock. The stock was sold at an average price of $125.68, for a total value of $2,806,434.40.

Datadog Price Performance

NASDAQ:DDOG opened at $243.60 on Friday. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $278.70. The stock has a 50 day moving average of $164.88 and a two-hundred day moving average of $144.65. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. The firm has a market cap of $86.71 billion, a P/E ratio of 641.07, a price-to-earnings-growth ratio of 26.80 and a beta of 1.56.

Datadog (NASDAQ:DDOGGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same period in the previous year, the business earned $0.46 EPS. Datadog’s quarterly revenue was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, analysts expect that Datadog, Inc. will post 0.61 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Datadog

Large investors have recently made changes to their positions in the stock. Rothschild Investment LLC grew its position in shares of Datadog by 126.6% in the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares in the last quarter. Physician Wealth Advisors Inc. grew its position in shares of Datadog by 315.2% in the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after purchasing an additional 145 shares in the last quarter. Westside Investment Management Inc. lifted its holdings in Datadog by 74.3% in the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after acquiring an additional 75 shares during the last quarter. JPL Wealth Management LLC acquired a new position in Datadog in the third quarter valued at approximately $27,000. Finally, CoreCap Advisors LLC lifted its holdings in Datadog by 1,461.5% in the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after acquiring an additional 190 shares during the last quarter. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Guggenheim boosted their price objective on Datadog from $175.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. TD Cowen boosted their price objective on Datadog from $190.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Piper Sandler upped their price target on Datadog from $195.00 to $230.00 in a research report on Thursday, May 7th. Scotiabank upped their price target on Datadog from $160.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Finally, BTIG Research upped their price target on Datadog from $212.00 to $255.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $219.69.

View Our Latest Analysis on DDOG

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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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