Datadog (NASDAQ:DDOG) CEO Olivier Pomel Sells 11,195 Shares of Stock

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 11,195 shares of the stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $137.93, for a total value of $1,544,126.35. Following the sale, the chief executive officer owned 518,133 shares of the company’s stock, valued at approximately $71,466,084.69. This represents a 2.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Olivier Pomel also recently made the following trade(s):

• On Wednesday, December 3rd, Olivier Pomel sold 32,923 shares of Datadog stock. The shares were sold at an average price of $154.63, for a total value of $5,090,883.49.
• On Tuesday, December 2nd, Olivier Pomel sold 15,225 shares of Datadog stock. The shares were sold at an average price of $158.60, for a total value of $2,414,685.00.
• On Monday, November 17th, Olivier Pomel sold 100,754 shares of Datadog stock. The stock was sold at an average price of $181.18, for a total value of $18,254,609.72.
• On Monday, November 17th, Olivier Pomel sold 100,754 shares of Datadog stock. The shares were sold at an average price of $181.18, for a total transaction of $18,254,609.72.
• On Monday, November 3rd, Olivier Pomel sold 62,682 shares of Datadog stock. The shares were sold at an average price of $163.90, for a total transaction of $10,273,579.80.
• On Wednesday, October 22nd, Olivier Pomel sold 11,195 shares of Datadog stock. The stock was sold at an average price of $154.35, for a total transaction of $1,727,948.25.
• On Tuesday, October 7th, Olivier Pomel sold 32,923 shares of Datadog stock. The shares were sold at an average price of $154.43, for a total transaction of $5,084,298.89.
• On Thursday, October 9th, Olivier Pomel sold 63,939 shares of Datadog stock. The stock was sold at an average price of $165.02, for a total transaction of $10,551,213.78.
• On Wednesday, October 8th, Olivier Pomel sold 25,620 shares of Datadog stock. The shares were sold at an average price of $165.01, for a total transaction of $4,227,556.20.

Datadog Price Performance

NASDAQ DDOG opened at $138.32 on Friday. The company has a market cap of $48.50 billion, a price-to-earnings ratio of 446.19, a PEG ratio of 30.15 and a beta of 1.23. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.66 and a quick ratio of 3.66. The stock’s fifty day moving average price is $159.10 and its 200 day moving average price is $145.89. Datadog, Inc. has a 1 year low of $81.63 and a 1 year high of $201.69.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.10. Datadog had a return on equity of 4.14% and a net margin of 3.32%.The business had revenue of $885.65 million for the quarter, compared to the consensus estimate of $852.77 million. During the same quarter in the previous year, the business earned $0.46 EPS. The company’s quarterly revenue was up 28.4% compared to the same quarter last year. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS and its Q4 2025 guidance at 0.54-0.56 EPS. As a group, equities research analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Westside Investment Management Inc. boosted its holdings in Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after buying an additional 75 shares during the last quarter. Rothschild Investment LLC lifted its position in shares of Datadog by 126.6% in the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after acquiring an additional 100 shares in the last quarter. Tripletail Wealth Management LLC acquired a new stake in shares of Datadog in the third quarter worth approximately $28,000. Physician Wealth Advisors Inc. boosted its stake in shares of Datadog by 315.2% in the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after acquiring an additional 145 shares during the last quarter. Finally, JPL Wealth Management LLC purchased a new stake in shares of Datadog during the third quarter worth approximately $27,000. 78.29% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on DDOG. Needham & Company LLC increased their price objective on shares of Datadog from $175.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Citigroup increased their price target on Datadog from $170.00 to $230.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Datadog in a research note on Wednesday, October 8th. Wolfe Research lowered their target price on Datadog from $240.00 to $185.00 and set an “outperform” rating on the stock in a research note on Monday, December 15th. Finally, Truist Financial raised their target price on Datadog from $140.00 to $195.00 and gave the stock a “hold” rating in a report on Friday, November 7th. Thirty-one research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $207.78.

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.