Datadog (NASDAQ:DDOG) General Counsel Kerry Acocella Sells 7,343 Shares

Datadog, Inc. (NASDAQ:DDOG) General Counsel Kerry Acocella sold 7,343 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $212.90, for a total transaction of $1,563,324.70. Following the transaction, the general counsel directly owned 120,523 shares of the company’s stock, valued at $25,659,346.70. The trade was a 5.74% 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.

Kerry Acocella also recently made the following trade(s):

• On Monday, June 15th, Kerry Acocella sold 5,371 shares of Datadog stock. The shares were sold at an average price of $233.91, for a total transaction of $1,256,330.61.

Datadog Price Performance

Shares of Datadog stock traded down $1.83 during trading on Friday, reaching $212.93. 2,493,749 shares of the stock traded hands, compared to its average volume of 5,499,505. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $292.72. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. The business has a fifty day simple moving average of $250.18 and a two-hundred day simple moving average of $193.14. The company has a market capitalization 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 quarterly earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The firm’s revenue was up 35.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Sell-side analysts expect that Datadog, Inc. will post 0.7 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently weighed in on DDOG. Scotiabank boosted their price target on shares of Datadog from $275.00 to $285.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Bank of America lifted their price objective on shares of Datadog from $260.00 to $280.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Wall Street Zen upgraded shares of Datadog from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Stifel Nicolaus set a $305.00 target price on shares of Datadog in a research report on Thursday, May 7th. Finally, Needham & Company LLC increased their price target on shares of Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $276.32.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Brighton Jones LLC bought a new position in shares of Datadog during the fourth quarter valued at approximately $209,000. Bison Wealth LLC bought a new stake in shares of Datadog during the 4th quarter worth approximately $228,000. Empowered Funds LLC boosted its holdings in Datadog by 7.0% during the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock valued at $1,023,000 after acquiring an additional 672 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Datadog by 17.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock valued at $76,000 after acquiring an additional 115 shares during the period. Finally, Sivia Capital Partners LLC bought a new position in Datadog in the 2nd quarter valued at $509,000. Hedge funds and other 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.