Datadog (NASDAQ:DDOG) CFO Sells 16,524 Shares

Datadog, Inc. (NASDAQ:DDOG) CFO David Obstler sold 16,524 shares of the stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $212.90, for a total value of $3,517,959.60. Following the completion of the sale, the chief financial officer owned 418,067 shares of the company’s stock, valued at approximately $89,006,464.30. This represents a 3.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Datadog Stock Down 0.9%

Shares of DDOG traded down $1.83 during midday trading on Friday, reaching $212.93. 2,493,749 shares of the company were exchanged, compared to its average volume of 5,499,505. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $292.72. The stock has a 50-day moving average price of $250.18 and a 200-day moving average price of $193.14. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. The company has a market cap of $76.46 billion, a price-to-earnings ratio of 434.56, a P/E/G ratio of 20.49 and a beta of 1.49.

Datadog (NASDAQ:DDOG) last announced its earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.58 by $0.07. The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The company’s revenue was up 35.6% on a year-over-year basis. During the same period last year, the business posted $0.46 EPS. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Research analysts expect that Datadog, Inc. will post 0.7 earnings per share for the current year.

Institutional Trading of Datadog

Several institutional investors have recently added to or reduced their stakes in DDOG. JPL Wealth Management LLC bought a new position in Datadog during the 3rd quarter valued at $27,000. EMC Capital Management bought a new stake in shares of Datadog in the 2nd quarter worth about $28,000. Cornerstone Financial Management LLC increased its position in shares of Datadog by 54.9% in the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock worth $33,000 after purchasing an additional 45 shares during the last quarter. Rothschild Investment LLC raised its stake in shares of 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 purchasing an additional 94 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Datadog by 341.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock valued at $38,000 after purchasing an additional 246 shares in the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on DDOG shares. Truist Financial raised shares of Datadog from a “hold” rating to a “buy” rating and boosted their target price for the stock from $190.00 to $300.00 in a research report on Monday, June 15th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $280.00 price target on shares of Datadog in a report on Thursday, July 16th. Canadian Imperial Bank of Commerce lifted their price target on shares of Datadog from $250.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Cantor Fitzgerald boosted their price objective on shares of Datadog from $226.00 to $327.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Finally, Needham & Company LLC upped their price objective on shares of Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $276.32.

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.