Datadog (NASDAQ:DDOG) Director Michael James Callahan Sells 12,500 Shares

Datadog, Inc. (NASDAQ:DDOG) Director Michael James Callahan sold 12,500 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $247.47, for a total transaction of $3,093,375.00. Following the transaction, the director directly owned 14,996 shares of the company’s stock, valued at $3,711,060.12. The trade was a 45.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Michael James Callahan also recently made the following trade(s):

• On Friday, June 12th, Michael James Callahan sold 112,500 shares of Datadog stock. The shares were sold at an average price of $231.60, for a total transaction of $26,055,000.00.

Datadog Stock Up 1.6%

Shares of DDOG stock opened at $264.48 on Thursday. The company’s fifty day simple moving average is $208.48 and its two-hundred day simple moving average is $154.46. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $278.70. The stock has a market cap of $94.14 billion, a P/E ratio of 696.02, a PEG ratio of 26.47 and a beta of 1.54. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share 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 during the quarter, compared to analyst estimates of $960.12 million. During the same quarter last year, the business 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. Analysts predict that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on DDOG shares. Jefferies Financial Group raised Datadog from a “buy” rating to a “buy” rating in a report on Monday, June 15th. Canaccord Genuity Group boosted their price target on shares of Datadog from $225.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Bank of America upped their price target on shares of Datadog from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, June 8th. KeyCorp upgraded shares of Datadog from an “overweight” rating to an “overweight” rating in a research report on Monday, June 15th. Finally, Craig Hallum started coverage on shares of Datadog in a research note on Monday, June 15th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $242.09.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog announced it acquired Adaptive ML, a reinforcement-learning startup, to expand its AI research efforts and build out RLOps capabilities for enterprise AI agents and models. Datadog Acquires Adaptive ML to Accelerate Its Investment in AI Research and Development
• Positive Sentiment: Analyst coverage remains broadly constructive, with Bernstein reiterating an outperform rating and several other firms recently raising price targets, reinforcing investor confidence in Datadog’s growth outlook.
• Positive Sentiment: The stock has also benefited from broader strength in software names, with recent commentary highlighting Datadog as a possible winner as investors look past AI-disruption fears in SaaS.
• Neutral Sentiment: Recent insider sales by directors Michael James Callahan and Amit Agarwal were disclosed, but both were made under pre-arranged 10b5-1 trading plans, which makes them less likely to signal a change in fundamentals.
• Neutral Sentiment: Datadog’s latest earnings report was solid, with revenue and EPS both beating estimates and revenue growing 32.1% year over year, but this information is already well known and is not the main new catalyst today.

Hedge Funds Weigh In On Datadog

Several large investors have recently modified their holdings of the stock. JPL Wealth Management LLC purchased a new position in Datadog during the third quarter worth $27,000. CoreCap Advisors LLC increased its position in Datadog by 1,461.5% during the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after acquiring an additional 190 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of Datadog in the fourth quarter valued at $31,000. NBC Securities Inc. raised its stake in shares of Datadog by 242.6% in the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after acquiring an additional 165 shares during the period. Finally, Rothschild Investment LLC lifted its holdings in shares of Datadog by 52.5% in the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after acquiring an additional 94 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

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.