Insider Selling: Datadog (NASDAQ:DDOG) CTO Sells 32,300 Shares of Stock

Datadog, Inc. (NASDAQ:DDOG) CTO Alexis Le-Quoc sold 32,300 shares of the stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $116.46, for a total transaction of $3,761,658.00. Following the sale, the chief technology officer owned 531,311 shares of the company’s stock, valued at $61,876,479.06. This trade represents a 5.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, March 23rd, Alexis Le-Quoc sold 32,418 shares of Datadog stock. The stock was 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 stock was sold at an average price of $125.49, for a total transaction of $6,765,416.88.
• On Monday, March 2nd, Alexis Le-Quoc sold 53,541 shares of Datadog stock. The stock was sold at an average price of $110.54, for a total transaction of $5,918,422.14.
• On Wednesday, February 11th, Alexis Le-Quoc sold 43,106 shares of Datadog stock. The stock was sold at an average price of $126.79, for a total transaction of $5,465,409.74.
• On Wednesday, January 28th, Alexis Le-Quoc sold 32,418 shares of Datadog stock. The stock was sold at an average price of $140.99, for a total transaction of $4,570,613.82.

Datadog Stock Performance

Shares of DDOG traded down $0.04 during mid-day trading on Wednesday, hitting $116.50. 3,859,163 shares of the company’s stock were exchanged, compared to its average volume of 5,730,062. Datadog, Inc. has a fifty-two week low of $86.14 and a fifty-two week high of $201.69. The firm has a market capitalization of $41.08 billion, a P/E ratio of 375.81, a P/E/G ratio of 33.08 and a beta of 1.29. The business’s 50 day moving average is $121.14 and its two-hundred day moving average is $140.08. The company has a current ratio of 3.38, a quick ratio of 3.38 and a debt-to-equity ratio of 0.26.

Datadog (NASDAQ:DDOG) last announced its earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.04. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The business had revenue of $953.19 million during the quarter, compared to the consensus estimate of $916.53 million. During the same quarter in the prior year, the firm earned $0.49 earnings per share. The business’s quarterly revenue was up 29.2% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. On average, equities analysts expect that Datadog, Inc. will post 0.34 earnings per share for the current year.

Hedge Funds Weigh In On Datadog

Large investors have recently made changes to their positions in the stock. Westside Investment Management Inc. lifted its position in shares of Datadog by 74.3% during the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after acquiring an additional 75 shares during the period. Rothschild Investment LLC lifted its position in shares of Datadog by 126.6% during the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after acquiring an additional 100 shares during the period. Tripletail Wealth Management LLC acquired a new stake in shares of Datadog during the 3rd quarter valued at approximately $28,000. Physician Wealth Advisors Inc. lifted its position in shares of Datadog by 315.2% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after acquiring an additional 145 shares during the period. Finally, JPL Wealth Management LLC acquired a new stake in shares of Datadog during the 3rd quarter valued at approximately $27,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Robert W. Baird set a $180.00 price objective on Datadog in a report on Wednesday, February 11th. Daiwa Securities Group assumed coverage on Datadog in a research note on Tuesday, January 27th. They set a “buy” rating and a $190.00 target price for the company. Wall Street Zen cut Datadog from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Citigroup decreased their price target on Datadog from $200.00 to $175.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. Finally, Cantor Fitzgerald dropped their price objective on Datadog from $220.00 to $150.00 and set an “overweight” rating on the stock in a report on Friday, February 6th. Thirty-seven equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $179.62.

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.