Insider Selling: Datadog (NASDAQ:DDOG) COO Sells $2,579,420.16 in Stock

Datadog, Inc. (NASDAQ:DDOG) COO Adam Blitzer sold 12,032 shares of the business’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $214.38, for a total value of $2,579,420.16. Following the completion of the transaction, the chief operating officer directly owned 237,927 shares of the company’s stock, valued at approximately $51,006,790.26. This trade represents a 4.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Adam Blitzer also recently made the following trade(s):

• On Wednesday, September 2nd, Adam Blitzer sold 13,812 shares of Datadog stock. The shares were sold at an average price of $212.90, for a total value of $2,940,574.80.

Datadog Price Performance

Shares of DDOG traded down $2.70 during trading hours on Tuesday, reaching $210.23. 5,201,253 shares of the company traded hands, compared to its average volume of 5,497,810. The stock has a market capitalization of $75.49 billion, a PE ratio of 429.05, a price-to-earnings-growth ratio of 20.85 and a beta of 1.49. The stock has a fifty day simple moving average of $248.93 and a 200 day simple moving average of $194.39. 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.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. The business 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 quarterly revenue was up 35.6% compared to the same quarter last year. During the same period 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. As a group, research analysts predict that Datadog, Inc. will post 0.7 EPS for the current fiscal year.

Institutional Investors Weigh In On Datadog

A number of institutional investors have recently added to or reduced their stakes in the company. Nykredit A S purchased a new position in shares of Datadog in the 2nd quarter worth about $152,770,000. Parkside Financial Bank & Trust grew its holdings in shares of Datadog by 620.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 5,202 shares of the company’s stock worth $1,354,000 after purchasing an additional 4,480 shares during the period. Range Advisory LLC increased its position in Datadog by 6.3% during the 2nd quarter. Range Advisory LLC now owns 19,965 shares of the company’s stock worth $5,198,000 after purchasing an additional 1,177 shares in the last quarter. Brown Lisle Cummings Inc. increased its position in Datadog by 367.4% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 416 shares of the company’s stock worth $108,000 after purchasing an additional 327 shares in the last quarter. Finally, Cornerstone Financial Management LLC raised its holdings in Datadog by 54.9% in the second quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock valued at $33,000 after buying an additional 45 shares during the period. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analyst Ratings Changes

DDOG has been the topic of several analyst reports. UBS Group decreased their price objective on Datadog from $315.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Needham & Company LLC raised their price target on Datadog from $260.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. The Goldman Sachs Group restated a “sell” rating and issued a $158.00 price target on shares of Datadog in a report on Friday, August 7th. Wall Street Zen raised shares of Datadog from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $280.00 price objective on shares of Datadog in a report on Thursday, August 6th. One 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $276.32.

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.