Insider Selling: Datadog (NASDAQ:DDOG) CTO Sells $11,464,301.52 in Stock

Datadog, Inc. (NASDAQ:DDOG) CTO Alexis Le-Quoc sold 43,224 shares of the company’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $265.23, for a total value of $11,464,301.52. Following the completion of the sale, the chief technology officer owned 509,805 shares in the company, valued at approximately $135,215,580.15. This represents a 7.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, July 8th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $257.24, for a total value of $13,868,322.88.
• On Monday, June 22nd, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The shares were sold at an average price of $220.97, for a total value of $9,551,207.28.
• On Tuesday, June 2nd, Alexis Le-Quoc sold 21,506 shares of Datadog stock. The shares were sold at an average price of $267.15, for a total value of $5,745,327.90.
• 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 value of $14,612,847.60.
• On Monday, May 18th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The stock was sold at an average price of $208.04, for a total value 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 value of $6,247,352.58.

Datadog Price Performance

Shares of NASDAQ:DDOG traded up $0.55 on Tuesday, hitting $252.41. The stock had a trading volume of 1,648,272 shares, compared to its average volume of 5,586,861. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $278.70. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The firm’s 50 day moving average price is $242.26 and its 200-day moving average price is $169.61. The company has a market capitalization of $89.85 billion, a price-to-earnings ratio of 668.18, a price-to-earnings-growth ratio of 25.10 and a beta of 1.54.

Datadog (NASDAQ:DDOG) last posted its earnings results 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 business had revenue of $1.01 billion for 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 quarterly revenue was up 32.1% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. On average, equities research analysts predict that Datadog, Inc. will post 0.64 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on DDOG shares. Sanford C. Bernstein cut shares of Datadog from an “outperform” rating to a “market perform” rating and lifted their target price for the company from $180.00 to $226.00 in a research note on Monday, July 6th. 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. Weiss Ratings upgraded Datadog from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 14th. BTIG Research boosted their price objective on Datadog from $255.00 to $289.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Needham & Company LLC increased their target price on Datadog from $225.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Two analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Datadog presently has an average rating of “Moderate Buy” and a consensus price target of $264.84.

Institutional Trading of Datadog

Hedge funds and other institutional investors have recently modified their holdings of the stock. Price T Rowe Associates Inc. MD lifted its holdings in Datadog by 7.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock worth $1,961,496,000 after buying an additional 956,993 shares in the last quarter. State Street Corp increased its stake in shares of Datadog by 106.8% in the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock valued at $1,955,547,000 after buying an additional 7,091,075 shares during the period. Geode Capital Management LLC lifted its stake in shares of Datadog by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock valued at $1,227,184,000 after acquiring an additional 197,816 shares during the period. Janus Henderson Group PLC boosted its holdings in Datadog by 22.8% in the first quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock valued at $905,570,000 after acquiring an additional 1,439,082 shares during the last quarter. Finally, Jennison Associates LLC increased its position in Datadog by 43.7% in the fourth quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock worth $1,036,787,000 after purchasing an additional 2,316,994 shares during the period. Institutional investors and hedge funds own 78.29% of the company’s stock.

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.