Datadog (NASDAQ:DDOG) CRO Sean Michael Walters Sells 11,710 Shares

Datadog, Inc. (NASDAQ:DDOG) CRO Sean Walters sold 11,710 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $221.04, for a total transaction of $2,588,378.40. Following the transaction, the executive directly owned 233,135 shares in the company, valued at approximately $51,532,160.40. The trade was a 4.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sean Michael Walters also recently made the following trade(s):

• On Wednesday, September 2nd, Sean Walters sold 13,575 shares of Datadog stock. The stock was sold at an average price of $212.90, for a total value of $2,890,117.50.

Datadog Stock Up 0.1%

DDOG stock traded up $0.22 during midday trading on Tuesday, hitting $230.27. The stock had a trading volume of 4,019,745 shares, compared to its average volume of 5,434,902. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $292.72. The firm has a market cap of $82.68 billion, a price-to-earnings ratio of 469.95, a price-to-earnings-growth ratio of 21.48 and a beta of 1.49. 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 business has a 50-day moving average of $245.08 and a two-hundred day moving average of $198.22.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period last year, the business earned $0.46 EPS. Datadog’s quarterly revenue 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. As a group, equities research analysts forecast that Datadog, Inc. will post 0.71 earnings per share for the current fiscal year.

Institutional Trading of Datadog

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DDOG. EMC Capital Management purchased a new stake in Datadog in the second quarter valued at about $28,000. Cornerstone Financial Management LLC boosted its holdings in Datadog by 54.9% in the second 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. Elevation Wealth Partners LLC grew its stake in shares of Datadog by 2,700.0% during the second quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock worth $44,000 after acquiring an additional 162 shares during the last quarter. Continuum Advisory LLC purchased a new stake in shares of Datadog during the second quarter worth about $53,000. Finally, Rothschild Investment LLC increased its holdings in shares of Datadog by 52.5% during 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 in the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on DDOG shares. Evercore lifted their target price on shares of Datadog from $225.00 to $265.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. Jefferies Financial Group set a $260.00 price target on Datadog in a research note on Thursday, August 6th. TD Cowen raised their price objective on Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Citigroup lifted their price objective on Datadog from $300.00 to $305.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, Truist Financial raised Datadog from a “hold” rating to a “buy” rating and boosted their target price for the stock from $190.00 to $300.00 in a report on Monday, June 15th. 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $276.66.

Datadog Company Profile

Datadog, Inc (NASDAQ:DDOG) is a cloud-based software company that provides monitoring, observability, security and analytics tools for modern applications and information technology environments. Its platform helps organizations collect, correlate and analyze data from servers, databases, applications, containers, networks and cloud services in a unified environment.

The company’s products include infrastructure monitoring, application performance monitoring, log management, real user and synthetic monitoring, database monitoring, cloud security, software delivery tools, incident management and cloud cost management.