Datadog (NASDAQ:DDOG) General Counsel Sells 7,343 Shares

Datadog, Inc. (NASDAQ:DDOG) General Counsel Kerry Acocella sold 7,343 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $212.90, for a total transaction of $1,563,324.70. Following the completion of the transaction, the general counsel owned 120,523 shares in the company, valued at approximately $25,659,346.70. The trade was a 5.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Kerry Acocella also recently made the following trade(s):

• On Monday, June 15th, Kerry Acocella sold 5,371 shares of Datadog stock. The shares were sold at an average price of $233.91, for a total transaction of $1,256,330.61.

Datadog Trading Down 0.9%

DDOG stock traded down $1.83 during mid-day trading on Friday, reaching $212.93. The company had a trading volume of 2,493,749 shares, compared to its average volume of 5,499,505. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. The company has a market capitalization of $76.46 billion, a PE ratio of 434.56, a price-to-earnings-growth ratio of 20.49 and a beta of 1.49. The firm has a 50 day moving average of $250.18 and a 200 day moving average of $193.14. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $292.72.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The company’s revenue was up 35.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. On average, equities analysts predict that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Datadog

A number of large investors have recently added to or reduced their stakes in DDOG. JPL Wealth Management LLC bought a new stake in shares of Datadog in the 3rd quarter valued at about $27,000. EMC Capital Management bought a new position in shares of Datadog during the 2nd quarter worth approximately $28,000. Cornerstone Financial Management LLC raised its stake in shares of Datadog by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock worth $33,000 after acquiring an additional 45 shares in the last quarter. Rothschild Investment LLC grew its holdings in Datadog by 52.5% in the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after purchasing an additional 94 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Datadog by 341.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock worth $38,000 after purchasing an additional 246 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on DDOG shares. DA Davidson reissued a “buy” rating and set a $315.00 price target on shares of Datadog in a research report on Friday, August 7th. UBS Group lowered their price objective on shares of Datadog from $315.00 to $280.00 and set a “buy” rating for the company in a research note on Friday, August 7th. BTIG Research increased their target price on shares of Datadog from $255.00 to $289.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. Barclays boosted their price target on shares of Datadog from $260.00 to $290.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Finally, Scotiabank upped their price target on shares of Datadog from $275.00 to $285.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $276.32.

About Datadog

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.