Datadog (NASDAQ:DDOG) CFO Sells $3,517,959.60 in Stock

Datadog, Inc. (NASDAQ:DDOG) CFO David Obstler sold 16,524 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $212.90, for a total value of $3,517,959.60. Following the transaction, the chief financial officer directly owned 418,067 shares in the company, valued at approximately $89,006,464.30. This represents a 3.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Datadog Stock Performance

Shares of DDOG traded down $1.83 during mid-day trading on Friday, hitting $212.93. The stock had a trading volume of 2,493,749 shares, compared to its average volume of 5,499,505. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $292.72. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. The company has a market cap of $76.46 billion, a PE ratio of 434.56, a PEG ratio of 20.49 and a beta of 1.49. The company’s fifty day simple moving average is $250.18 and its two-hundred day simple moving average is $193.14.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.07. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The business’s revenue was up 35.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.46 EPS. 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 expect that Datadog, Inc. will post 0.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

DDOG has been the subject of several recent research reports. Daiwa Securities Group upped their target price on Datadog from $190.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. DA Davidson reissued a “buy” rating and set a $315.00 price target on shares of Datadog in a report on Friday, August 7th. Monness Crespi & Hardt upped their target price on shares of Datadog from $255.00 to $270.00 in a research report on Thursday, May 7th. Wall Street Zen upgraded Datadog from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, Guggenheim lifted their price objective on shares of Datadog from $225.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Datadog presently has an average rating of “Moderate Buy” and an average price target of $276.32.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. California State Teachers Retirement System boosted its position in shares of Datadog by 27,002.8% during the 2nd quarter. California State Teachers Retirement System now owns 121,189,509 shares of the company’s stock valued at $31,552,901,000 after purchasing an additional 120,742,361 shares in the last quarter. State Street Corp grew its position in Datadog by 106.8% in the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after buying an additional 7,091,075 shares during the last quarter. Norges Bank acquired a new position in Datadog in the fourth quarter worth approximately $469,461,000. Invesco Ltd. increased its holdings in shares of Datadog by 119.2% in the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after buying an additional 2,216,402 shares in the last quarter. Finally, Employees Provident Fund Board acquired a new stake in shares of Datadog during the 4th quarter valued at $251,582,000. 78.29% of the stock is owned by institutional investors and hedge funds.

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.