Matthew Jacobson Sells 19,512 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) Director Matthew Jacobson sold 19,512 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $256.25, for a total transaction of $4,999,950.00. Following the transaction, the director directly owned 524,708 shares of the company’s stock, valued at approximately $134,456,425. This trade represents a 3.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Matthew Jacobson also recently made the following trade(s):

• On Thursday, August 13th, Matthew Jacobson sold 39,912 shares of Datadog stock. The stock was sold at an average price of $250.55, for a total transaction of $9,999,951.60.

Datadog Trading Down 3.2%

Datadog stock traded down $8.14 during trading on Monday, hitting $247.32. The company had a trading volume of 3,722,897 shares, compared to its average volume of 5,657,097. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $292.72. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. The company’s 50 day simple moving average is $248.92 and its 200-day simple moving average is $182.61. The stock has a market cap of $88.81 billion, a price-to-earnings ratio of 504.74, a price-to-earnings-growth ratio of 26.87 and a beta of 1.54.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The company had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the prior year, the firm earned $0.46 earnings per share. The firm’s revenue was up 35.6% compared to the same quarter last year. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. As a group, analysts expect that Datadog, Inc. will post 0.65 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have weighed in on DDOG shares. TD Cowen lifted their target price on Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Rosenblatt Securities raised their price objective on shares of Datadog from $220.00 to $305.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Sanford C. Bernstein cut shares of Datadog from an “outperform” rating to a “market perform” rating and lifted their price objective for the company from $180.00 to $226.00 in a report on Monday, July 6th. DA Davidson reaffirmed a “buy” rating and set a $315.00 target price on shares of Datadog in a research note on Friday, August 7th. Finally, New Street Research set a $260.00 target price on shares of Datadog in a report on Thursday, June 11th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Datadog has an average rating of “Moderate Buy” and a consensus target price of $276.32.

Hedge Funds Weigh In On Datadog

Large investors have recently bought and sold shares of the business. Elevation Point Wealth Partners LLC raised its holdings in shares of Datadog by 3.3% during the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock worth $242,000 after acquiring an additional 55 shares during the period. Chicago Partners Investment Group LLC boosted its stake in Datadog by 1.6% in the 4th quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock worth $622,000 after purchasing an additional 73 shares during the period. Vivaldi Capital Management LP increased its holdings 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 purchasing an additional 74 shares in the last quarter. State of Wyoming increased its holdings 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 purchasing an additional 76 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of Datadog by 2.0% in the 4th quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock valued at $529,000 after purchasing an additional 78 shares during the period. 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.