Datadog (NASDAQ:DDOG) Director Sells $3,093,375.00 in Stock

Datadog, Inc. (NASDAQ:DDOG) Director Michael James Callahan sold 12,500 shares of the stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $247.47, for a total value of $3,093,375.00. Following the completion of the transaction, the director directly owned 14,996 shares of the company’s stock, valued at $3,711,060.12. This represents a 45.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Michael James Callahan also recently made the following trade(s):

• On Friday, June 12th, Michael James Callahan sold 112,500 shares of Datadog stock. The stock was sold at an average price of $231.60, for a total transaction of $26,055,000.00.

Datadog Stock Performance

DDOG opened at $260.36 on Friday. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $278.70. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The stock has a market capitalization of $92.68 billion, a PE ratio of 685.18, a P/E/G ratio of 26.47 and a beta of 1.54. The firm’s fifty day moving average price is $213.66 and its 200 day moving average price is $156.00.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period last year, the business earned $0.46 EPS. 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, research analysts expect that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on DDOG. Weiss Ratings downgraded Datadog from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday. Guggenheim increased their target price on Datadog from $175.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Citizens Jmp raised Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 target price on the stock in a report on Thursday, May 7th. Craig Hallum initiated coverage on Datadog in a research report on Monday, June 15th. They issued a “buy” rating for the company. Finally, Citigroup boosted their price target on Datadog from $218.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $243.68.

Institutional Investors Weigh In On Datadog

A number of institutional investors have recently modified their holdings of DDOG. JPL Wealth Management LLC acquired a new stake in Datadog during the third quarter worth about $27,000. CoreCap Advisors LLC boosted its stake 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 period. Flagship Harbor Advisors LLC acquired a new position in Datadog in the fourth quarter valued at approximately $31,000. NBC Securities Inc. boosted its stake in Datadog by 242.6% in the fourth 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 holdings in shares of Datadog by 52.5% during the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after purchasing an additional 94 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

About Datadog

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.