Olivier Pomel Sells 26,331 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 26,331 shares of the company’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $212.90, for a total transaction of $5,605,869.90. Following the completion of the transaction, the chief executive officer directly owned 586,416 shares in the company, valued at $124,847,966.40. This trade represents a 4.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Wednesday, August 19th, Olivier Pomel sold 47,054 shares of Datadog stock. The shares were sold at an average price of $235.49, for a total value of $11,080,746.46.
• On Wednesday, August 5th, Olivier Pomel sold 127,141 shares of Datadog stock. The stock was sold at an average price of $286.71, for a total value of $36,452,596.11.
• On Thursday, July 23rd, Olivier Pomel sold 47,054 shares of Datadog stock. The stock was sold at an average price of $244.79, for a total transaction of $11,518,348.66.
• On Tuesday, June 16th, Olivier Pomel sold 84,698 shares of Datadog stock. The shares were sold at an average price of $232.30, for a total value of $19,675,345.40.
• On Monday, June 8th, Olivier Pomel sold 127,141 shares of Datadog stock. The shares were sold at an average price of $231.69, for a total value of $29,457,298.29.

Datadog Stock Performance

Shares of Datadog stock traded down $1.83 on Friday, reaching $212.93. The stock had a trading volume of 2,493,749 shares, compared to its average volume of 5,499,505. The stock has a market cap of $76.46 billion, a P/E ratio of 434.56, a price-to-earnings-growth ratio of 20.49 and a beta of 1.49. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $292.72. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. The business’s 50-day moving average price is $250.18 and its two-hundred day moving average price is $193.14.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $1.08 billion. During the same period in the prior year, the company earned $0.46 earnings per share. The business’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. On average, sell-side analysts forecast that Datadog, Inc. will post 0.7 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on DDOG. Needham & Company LLC boosted their price objective on Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Truist Financial upgraded shares of Datadog from a “hold” rating to a “buy” rating and upped their target price for the stock from $190.00 to $300.00 in a research report on Monday, June 15th. Canaccord Genuity Group raised their price target on Datadog from $250.00 to $295.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Robert W. Baird set a $300.00 price target on Datadog in a research note on Friday, August 7th. Finally, Bank of America raised their target price on Datadog from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $276.32.

Institutional Trading of Datadog

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Cornerstone Financial Management LLC lifted its position in Datadog by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock worth $33,000 after buying an additional 45 shares in the last quarter. Elevation Point Wealth Partners LLC boosted its position in Datadog by 3.3% during the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock worth $242,000 after purchasing an additional 55 shares during the period. Vivaldi Capital Management LP boosted its holdings in shares of Datadog by 2.8% during the 3rd quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock worth $383,000 after buying an additional 74 shares during the period. State of Wyoming grew its position in shares of Datadog by 4.1% in the first quarter. State of Wyoming now owns 1,946 shares of the company’s stock valued at $230,000 after purchasing an additional 76 shares during the last quarter. Finally, Great Lakes Advisors LLC boosted its stake in Datadog by 2.3% in the 4th quarter. Great Lakes Advisors LLC now owns 3,697 shares of the company’s stock valued at $503,000 after purchasing an additional 83 shares during the period. 78.29% of the stock is currently 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.