Olivier Pomel Sells 32,923 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 32,923 shares of the business’s stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $154.43, for a total transaction of $5,084,298.89. Following the transaction, the chief executive officer directly owned 533,358 shares of the company’s stock, valued at $82,366,475.94. The trade was a 5.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Olivier Pomel also recently made the following trade(s):

• On Thursday, October 9th, Olivier Pomel sold 63,939 shares of Datadog stock. The shares were sold at an average price of $165.02, for a total transaction of $10,551,213.78.
• On Wednesday, October 8th, Olivier Pomel sold 25,620 shares of Datadog stock. The shares were sold at an average price of $165.01, for a total transaction of $4,227,556.20.
• On Tuesday, September 23rd, Olivier Pomel sold 11,195 shares of Datadog stock. The shares were sold at an average price of $137.94, for a total transaction of $1,544,238.30.
• On Monday, September 8th, Olivier Pomel sold 32,923 shares of Datadog stock. The shares were sold at an average price of $135.74, for a total transaction of $4,468,968.02.
• On Tuesday, September 2nd, Olivier Pomel sold 15,357 shares of Datadog stock. The shares were sold at an average price of $133.85, for a total transaction of $2,055,534.45.
• On Monday, August 11th, Olivier Pomel sold 32,923 shares of Datadog stock. The shares were sold at an average price of $130.38, for a total transaction of $4,292,500.74.
• On Monday, July 28th, Olivier Pomel sold 11,195 shares of Datadog stock. The shares were sold at an average price of $150.82, for a total transaction of $1,688,429.90.

Datadog Stock Down 3.2%

DDOG opened at $158.74 on Friday. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.31. The firm has a 50 day moving average price of $138.06 and a 200-day moving average price of $125.22. Datadog, Inc. has a twelve month low of $81.63 and a twelve month high of $170.08. The stock has a market capitalization of $55.36 billion, a price-to-earnings ratio of 453.56, a PEG ratio of 64.19 and a beta of 1.21.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.05. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The firm had revenue of $826.76 million during the quarter, compared to analysts’ expectations of $791.72 million. During the same period in the previous year, the company earned $0.43 earnings per share. The firm’s quarterly revenue was up 28.1% on a year-over-year basis. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. Equities research analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current year.

Hedge Funds Weigh In On Datadog

A number of hedge funds and other institutional investors have recently modified their holdings of DDOG. OVERSEA CHINESE BANKING Corp Ltd boosted its position in shares of Datadog by 887.0% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company’s stock worth $25,000 after acquiring an additional 22,646 shares during the last quarter. Cornerstone Planning Group LLC boosted its position in shares of Datadog by 96.9% during the first quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock worth $30,000 after acquiring an additional 154 shares during the last quarter. Costello Asset Management INC bought a new position in shares of Datadog during the first quarter worth $30,000. Opal Wealth Advisors LLC bought a new position in shares of Datadog during the first quarter worth $37,000. Finally, Center for Financial Planning Inc. boosted its position in shares of Datadog by 1,189.7% during the first quarter. Center for Financial Planning Inc. now owns 374 shares of the company’s stock worth $37,000 after acquiring an additional 345 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on DDOG. Wells Fargo & Company began coverage on shares of Datadog in a report on Tuesday, September 30th. They set an “overweight” rating and a $190.00 target price for the company. Stifel Nicolaus upped their target price on shares of Datadog from $120.00 to $135.00 and gave the company a “hold” rating in a report on Thursday, June 26th. Citigroup upped their target price on shares of Datadog from $165.00 to $170.00 and gave the company a “buy” rating in a report on Monday, August 18th. Bank of America upped their target price on shares of Datadog from $150.00 to $175.00 and gave the company a “buy” rating in a report on Monday, July 7th. Finally, DA Davidson increased their price objective on shares of Datadog from $170.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, October 3rd. Twenty-four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $158.46.

About Datadog

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.