Datadog, Inc. (NASDAQ:DDOG – Get Free Report) Director Amit Agarwal sold 20,000 shares of the stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $261.22, for a total value of $5,224,400.00. Following the sale, the director owned 1,640 shares of the company’s stock, valued at $428,400.80. This represents a 92.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amit Agarwal also recently made the following trade(s):
- On Thursday, June 25th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $220.12, for a total value of $4,402,400.00.
- On Thursday, June 18th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $220.92, for a total value of $4,418,400.00.
- On Friday, June 12th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $231.56, for a total transaction of $4,631,200.00.
- On Monday, May 11th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $200.13, for a total transaction of $4,002,600.00.
- On Monday, April 27th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $131.47, for a total transaction of $2,629,400.00.
- 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 transaction 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 transaction 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 transaction of $2,445,600.00.
Datadog Price Performance
DDOG stock traded up $1.44 during mid-day trading on Tuesday, hitting $256.81. The company had a trading volume of 5,363,991 shares, compared to its average volume of 5,818,726. The company has a 50-day moving average price of $213.66 and a 200 day moving average price of $156.10. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $278.70. The company has a market capitalization of $91.41 billion, a price-to-earnings ratio of 675.83, a P/E/G ratio of 26.47 and a beta of 1.54. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25.
Key Datadog News
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Benchmark raised its price target on Datadog to a Street-high $330 from $260 and kept a Buy rating, citing continued execution in its product-led growth strategy and solid customer momentum. Benchmark Lifts PT on Datadog (DDOG), Remains Bullish
- Positive Sentiment: Datadog’s acquisition of Adaptive ML supports its long-term AI research push and could strengthen its observability and agentic AI capabilities over time. Datadog (DDOG): The Best High Growth Cybersecurity Stock to Buy Now
- Neutral Sentiment: Datadog director Michael James Callahan sold 12,500 shares in a pre-arranged Rule 10b5-1 transaction; the filing can pressure sentiment, but it does not necessarily imply a negative business outlook. SEC filing
- Negative Sentiment: Bernstein downgraded Datadog to Market Perform, warning that growth may slow and that fourth-quarter revenue growth could land around 29%, below investor expectations. This Analyst Just Downgraded Datadog Stock. Here’s Why.
- Negative Sentiment: Bernstein also flagged “upcoming caution” around Datadog’s AI growth story, suggesting recent enthusiasm may be running ahead of near-term fundamentals. Datadog in spotlight as Bernstein downgrades, citing upcoming ‘caution’
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. JPL Wealth Management LLC bought a new stake in Datadog in the third quarter worth about $27,000. CoreCap Advisors LLC raised its holdings in shares of Datadog by 1,461.5% in the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after buying an additional 190 shares during the period. Flagship Harbor Advisors LLC bought a new stake in shares of Datadog during the 4th quarter worth approximately $31,000. NBC Securities Inc. boosted its holdings in Datadog by 242.6% during the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after acquiring an additional 165 shares during the period. Finally, Rothschild Investment LLC grew its position in Datadog by 52.5% in the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after acquiring an additional 94 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on the company. Rosenblatt Securities upped their price objective on Datadog from $178.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Canadian Imperial Bank of Commerce raised their target price on shares of Datadog from $250.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. Raymond James Financial boosted their price target on shares of Datadog from $170.00 to $220.00 in a research report on Thursday, May 7th. Benchmark upped their price target on shares of Datadog from $260.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Finally, Stifel Nicolaus set a $305.00 price objective on shares of Datadog in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $244.73.
Get Our Latest Report on Datadog
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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