Datadog (NASDAQ:DDOG) CTO Alexis Le-Quoc Sells 21,506 Shares

Datadog, Inc. (NASDAQ:DDOGGet Free Report) CTO Alexis Le-Quoc sold 21,506 shares of Datadog stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $267.15, for a total transaction of $5,745,327.90. Following the completion of the sale, the chief technology officer directly owned 509,805 shares of the company’s stock, valued at approximately $136,194,405.75. The trade was a 4.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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.

Alexis Le-Quoc also recently made the following trade(s):

  • On Monday, June 1st, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The shares were sold at an average price of $271.05, for a total transaction of $14,612,847.60.
  • On Monday, May 18th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The shares were sold at an average price of $208.04, for a total transaction of $8,992,320.96.
  • On Monday, May 4th, Alexis Le-Quoc sold 43,106 shares of Datadog stock. The shares were sold at an average price of $144.93, for a total transaction of $6,247,352.58.
  • On Wednesday, April 22nd, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The shares were sold at an average price of $130.84, for a total transaction of $5,655,428.16.
  • On Monday, April 6th, Alexis Le-Quoc sold 32,300 shares of Datadog stock. The shares were sold at an average price of $116.46, for a total transaction of $3,761,658.00.
  • On Monday, March 23rd, Alexis Le-Quoc sold 32,418 shares of Datadog stock. The shares were sold at an average price of $127.75, for a total transaction of $4,141,399.50.
  • On Tuesday, March 10th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The shares were sold at an average price of $125.49, for a total transaction of $6,765,416.88.

Datadog Stock Down 7.0%

DDOG stock opened at $250.33 on Thursday. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $278.70. The company has a 50-day moving average of $162.46 and a two-hundred day moving average of $144.24. The stock has a market capitalization of $89.11 billion, a price-to-earnings ratio of 658.78, a price-to-earnings-growth ratio of 28.82 and a beta of 1.56.

Datadog (NASDAQ:DDOGGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $960.12 million. During the same period in the prior year, the company earned $0.46 earnings per share. The business’s quarterly revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, equities research analysts anticipate that Datadog, Inc. will post 0.61 EPS for the current year.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Elevation Point Wealth Partners LLC lifted its position in Datadog by 3.3% during the 3rd 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 in the last quarter. Chicago Partners Investment Group LLC lifted its position in Datadog by 1.6% during the 4th 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 in the last quarter. Vivaldi Capital Management LP lifted its position in Datadog by 2.8% during the 3rd quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock worth $383,000 after buying an additional 74 shares in the last quarter. Westside Investment Management Inc. lifted its position in Datadog by 74.3% during the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after buying an additional 75 shares in the last quarter. Finally, State of Wyoming lifted its position in Datadog by 4.1% during the 1st quarter. State of Wyoming now owns 1,946 shares of the company’s stock worth $230,000 after buying an additional 76 shares in the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on DDOG shares. Benchmark restated a “buy” rating on shares of Datadog in a report on Thursday, May 7th. Wolfe Research decreased their price target on shares of Datadog from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Tuesday, February 10th. Canaccord Genuity Group set a $225.00 price objective on shares of Datadog in a research report on Friday, May 8th. Cantor Fitzgerald upped their price objective on shares of Datadog from $171.00 to $226.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Finally, Bank of America upped their price objective on shares of Datadog from $225.00 to $260.00 in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $219.69.

Get Our Latest Stock Analysis on Datadog

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.

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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Insider Buying and Selling by Quarter for Datadog (NASDAQ:DDOG)

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