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

Datadog, Inc. (NASDAQ:DDOGGet Free Report) Director Matthew Jacobson sold 19,512 shares of Datadog stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $256.25, for a total value of $4,999,950.00. Following the completion of the sale, the director directly owned 524,708 shares in the company, valued at approximately $134,456,425. This represents a 3.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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 Stock Down 3.2%

Shares of NASDAQ DDOG traded down $8.14 during midday trading on Monday, reaching $247.32. The company’s stock had a trading volume of 3,722,897 shares, compared to its average volume of 5,657,097. The stock has a 50 day simple moving average of $248.92 and a 200-day simple moving average of $182.61. 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 stock has a market capitalization of $88.81 billion, a price-to-earnings ratio of 504.74, a PEG ratio of 26.87 and a beta of 1.54. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $292.72.

Datadog (NASDAQ:DDOGGet Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the firm earned $0.46 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts predict that Datadog, Inc. will post 0.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Rosenblatt Securities boosted their price target on Datadog from $220.00 to $305.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. BMO Capital Markets set a $300.00 price target on shares of Datadog in a research report on Friday, August 7th. Barclays lifted their price objective on shares of Datadog from $260.00 to $290.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Arete Research upped their target price on shares of Datadog from $260.00 to $340.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Finally, Benchmark reiterated a “buy” rating on shares of Datadog in a report on Tuesday, July 28th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $276.32.

Check Out Our Latest Report on DDOG

Hedge Funds Weigh In On Datadog

A number of large investors have recently made changes to their positions in the company. JPL Wealth Management LLC acquired a new stake in Datadog during the 3rd quarter worth approximately $27,000. NBC Securities Inc. lifted its holdings in shares of Datadog by 242.6% during the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after buying an additional 165 shares in the last quarter. Rothschild Investment LLC boosted its position in shares of Datadog by 52.5% in the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after acquiring an additional 94 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Datadog by 341.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock valued at $38,000 after acquiring an additional 246 shares during the period. Finally, Morse Asset Management Inc acquired a new stake in Datadog in the 4th quarter worth about $44,000. Institutional investors own 78.29% of the company’s stock.

About Datadog

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Datadog (NASDAQ:DDOG)

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