Amit Agarwal Sells 20,000 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) Director Amit Agarwal sold 20,000 shares of Datadog stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $266.82, for a total value of $5,336,400.00. Following the completion of the transaction, the director owned 1,640 shares in the company, valued at $437,584.80. The trade was a 92.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amit Agarwal also recently made the following trade(s):

• On Thursday, July 23rd, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $244.87, for a total value of $4,897,400.00.
• On Thursday, July 9th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $267.41, for a total value of $5,348,200.00.
• On Thursday, July 2nd, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $261.22, for a total value of $5,224,400.00.
• On Thursday, June 25th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $220.12, for a total value of $4,402,400.00.
• On Thursday, June 18th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $220.92, for a total value of $4,418,400.00.
• On Friday, June 12th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $231.56, for a total value of $4,631,200.00.
• On Monday, May 11th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $200.13, for a total transaction of $4,002,600.00.

Datadog Trading Up 2.1%

Shares of DDOG traded up $5.63 during midday trading on Monday, hitting $273.60. The stock had a trading volume of 5,076,098 shares, compared to its average volume of 5,598,939. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.76. The business has a 50-day simple moving average of $245.94 and a two-hundred day simple moving average of $173.32. The firm has a market cap of $97.39 billion, a P/E ratio of 720.02, a price-to-earnings-growth ratio of 27.15 and a beta of 1.54. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same quarter in the previous year, the business earned $0.46 earnings per share. The firm’s revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, equities analysts forecast that Datadog, Inc. will post 0.64 EPS for the current year.

Hedge Funds Weigh In On Datadog

A number of hedge funds have recently modified their holdings of the stock. JPL Wealth Management LLC purchased a new stake in shares of Datadog during the third quarter worth $27,000. CoreCap Advisors LLC grew its stake in Datadog by 1,461.5% in the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after purchasing an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in Datadog in the 4th quarter worth about $31,000. NBC Securities Inc. increased its position in Datadog by 242.6% in the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after purchasing an additional 165 shares during the last quarter. Finally, Rothschild Investment LLC raised its stake in shares of Datadog by 52.5% during the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after purchasing an additional 94 shares in the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on DDOG shares. Wells Fargo & Company boosted their target price on shares of Datadog from $230.00 to $295.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Evercore lifted their price target on Datadog from $225.00 to $265.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. KeyCorp upped their price target on Datadog from $225.00 to $320.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. UBS Group increased their price objective on Datadog from $220.00 to $315.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Finally, Rothschild & Co Redburn started coverage on Datadog in a research report on Thursday, April 23rd. They set a “buy” rating and a $170.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $268.61.

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.