Adam Blitzer Sells 13,642 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) COO Adam Blitzer sold 13,642 shares of Datadog stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $267.15, for a total value of $3,644,460.30. Following the transaction, the chief operating officer owned 275,973 shares in the company, valued at approximately $73,726,186.95. This represents a 4.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Adam Blitzer also recently made the following trade(s):

• On Wednesday, June 3rd, Adam Blitzer sold 12,202 shares of Datadog stock. The stock was sold at an average price of $249.29, for a total value of $3,041,836.58.

Datadog Trading Down 2.7%

Shares of Datadog stock traded down $6.73 during trading hours on Thursday, reaching $243.60. The stock had a trading volume of 6,970,327 shares, compared to its average volume of 5,998,771. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $278.70. The firm has a 50 day simple moving average of $162.46 and a two-hundred day simple moving average of $144.24. The firm has a market capitalization of $86.71 billion, a price-to-earnings ratio of 641.07, a P/E/G ratio of 28.82 and a beta of 1.56.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. During the same quarter in the previous year, the company posted $0.46 earnings per share. The business’s quarterly revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, equities research analysts anticipate that Datadog, Inc. will post 0.61 earnings per share for the current year.

Hedge Funds Weigh In On Datadog

A number of institutional investors and hedge funds have recently modified their holdings of DDOG. Vanguard Group Inc. boosted its holdings in shares of Datadog by 30.3% in the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after purchasing an additional 9,748,738 shares during the period. State Street Corp grew its stake in shares of Datadog by 106.8% during the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after purchasing an additional 7,091,075 shares in the last quarter. Norges Bank acquired a new stake in shares of Datadog during the 4th quarter valued at approximately $469,461,000. Jennison Associates LLC grew its holdings in Datadog by 43.7% in the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock valued at $1,036,787,000 after buying an additional 2,316,994 shares during the period. Finally, Invesco Ltd. grew its holdings in Datadog by 119.2% during the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after purchasing an additional 2,216,402 shares in the last quarter. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog was highlighted as one of the most upgraded software stocks last month, reinforcing Wall Street optimism around its growth outlook and the broader rebound in software names tied to AI adoption. 3 Most Upgraded Stocks Last Month According to MarketBeat (DDOG)
• Positive Sentiment: Recent commentary said software stocks are rebounding as investors view AI as a growth catalyst, which supports Datadog’s positioning in AI workload monitoring and observability. DDOG, ORCL, MSFT emerge as top software stock picks as the sector rebounds: report
• Positive Sentiment: A Seeking Alpha piece argued Datadog is becoming “too important to ignore,” citing Q1 2026 revenue of $761.6 million, 25% year-over-year growth, and expanding customer adoption across multiple product lines. Datadog Is Becoming Too Important To Ignore
• Neutral Sentiment: Management presented at the Bank of America 2026 Global Technology Conference, but no major new catalyst was identified in the headline provided. Datadog, Inc. (DDOG) Presents at Bank of America 2026 Global Technology Conference Transcript
• Neutral Sentiment: Datadog attracted heavy investor search interest on Zacks, but the item did not add a specific new business or financial update. Investors Heavily Search Datadog, Inc. (DDOG): Here is What You Need to Know
• Negative Sentiment: CTO Alexis Le-Quoc sold 53,912 shares and then another 21,506 shares in separate transactions, which can weigh on sentiment even though both sales were made under a pre-arranged 10b5-1 plan and for tax withholding tied to equity vesting. SEC insider filing

Wall Street Analysts Forecast Growth

DDOG has been the subject of several recent analyst reports. KeyCorp upped their price objective on shares of Datadog from $155.00 to $225.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Robert W. Baird set a $210.00 target price on shares of Datadog in a research report on Friday, May 8th. CICC Research raised their target price on shares of Datadog from $150.00 to $204.00 in a report on Monday, May 11th. Monness Crespi & Hardt lifted their price objective on shares of Datadog from $255.00 to $270.00 in a research note on Thursday, May 7th. Finally, Evercore reaffirmed an “outperform” rating and issued a $225.00 price objective on shares of Datadog in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Datadog has a consensus rating of “Moderate Buy” and an average price target of $219.69.

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.