Insider Selling: Datadog (NASDAQ:DDOG) Director Sells 20,000 Shares of Stock

Datadog, Inc. (NASDAQ:DDOG) Director Amit Agarwal sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $127.36, for a total transaction of $2,547,200.00. Following the transaction, the director owned 1,640 shares of the company’s stock, valued at approximately $208,870.40. This represents a 92.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Amit Agarwal also recently made the following trade(s):

• On Monday, March 16th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $126.73, for a total transaction of $2,534,600.00.
• On Monday, March 9th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $124.81, for a total transaction of $2,496,200.00.

Datadog Price Performance

Shares of NASDAQ:DDOG traded up $0.72 during trading on Wednesday, hitting $123.29. 3,546,928 shares of the company were exchanged, compared to its average volume of 5,973,350. Datadog, Inc. has a 1-year low of $81.63 and a 1-year high of $201.69. The company has a market capitalization of $43.47 billion, a P/E ratio of 397.71, a price-to-earnings-growth ratio of 35.52 and a beta of 1.31. The company has a quick ratio of 3.38, a current ratio of 3.38 and a debt-to-equity ratio of 0.26. The business’s 50 day moving average is $122.53 and its 200-day moving average is $141.39.

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

Hedge Funds Weigh In On Datadog

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Elevation Point Wealth Partners LLC boosted its holdings in Datadog by 3.3% in the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock valued at $242,000 after acquiring an additional 55 shares during the last quarter. Chicago Partners Investment Group LLC increased its position in Datadog by 1.6% during the 4th quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock valued at $622,000 after purchasing an additional 73 shares during the period. Vivaldi Capital Management LP raised 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 during the last quarter. Westside Investment Management Inc. raised its holdings in Datadog by 74.3% during the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after purchasing an additional 75 shares during the last quarter. Finally, Nilsine Partners LLC lifted its position in shares of Datadog by 2.4% in the 3rd quarter. Nilsine Partners LLC now owns 3,396 shares of the company’s stock worth $484,000 after purchasing an additional 78 shares during the period. 78.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Datadog in a research note on Wednesday, January 21st. Arete Research upped their price objective on Datadog from $230.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Cantor Fitzgerald dropped their price objective on shares of Datadog from $220.00 to $150.00 and set an “overweight” rating for the company in a report on Friday, February 6th. Royal Bank Of Canada cut their target price on shares of Datadog from $175.00 to $150.00 and set an “outperform” rating on the stock in a research report on Monday, February 9th. Finally, Jefferies Financial Group decreased their price target on shares of Datadog from $180.00 to $160.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Thirty-six 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 company. Based on data from MarketBeat, Datadog currently has an average rating of “Moderate Buy” and a consensus 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.