Alexis Le-Quoc Sells 41,468 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) CTO Alexis Le-Quoc sold 41,468 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $150.94, for a total transaction of $6,259,179.92. Following the completion of the sale, the chief technology officer owned 438,885 shares in the company, valued at $66,245,301.90. The trade was a 8.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Alexis Le-Quoc also recently made the following trade(s):

• On Tuesday, September 2nd, Alexis Le-Quoc sold 55,352 shares of Datadog stock. The shares were sold at an average price of $133.83, for a total transaction of $7,407,758.16.
• On Tuesday, August 5th, Alexis Le-Quoc sold 41,468 shares of Datadog stock. The shares were sold at an average price of $134.47, for a total transaction of $5,576,201.96.
• On Monday, July 14th, Alexis Le-Quoc sold 41,468 shares of Datadog stock. The shares were sold at an average price of $139.27, for a total transaction of $5,775,248.36.
• On Monday, July 14th, Alexis Le-Quoc sold 41,468 shares of Datadog stock. The shares were sold at an average price of $139.27, for a total transaction of $5,775,248.36.

Datadog Price Performance

Shares of DDOG opened at $151.82 on Friday. Datadog, Inc. has a twelve month low of $81.63 and a twelve month high of $170.08. The firm’s fifty day simple moving average is $136.59 and its 200-day simple moving average is $123.52. The firm has a market capitalization of $52.95 billion, a price-to-earnings ratio of 433.78, a PEG ratio of 59.40 and a beta of 1.21. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.05. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The business had revenue of $826.76 million for the quarter, compared to analyst estimates of $791.72 million. During the same period last year, the business earned $0.43 EPS. The company’s 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 analysts forecast that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. BMO Capital Markets raised their price objective on shares of Datadog from $150.00 to $154.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. DA Davidson boosted their price objective on shares of Datadog from $170.00 to $180.00 and gave the stock a “buy” rating in a report on Friday. Barclays set a $170.00 price target on shares of Datadog and gave the company an “overweight” rating in a report on Thursday, August 7th. Cantor Fitzgerald upped their price target on shares of Datadog from $171.00 to $179.00 and gave the company an “overweight” rating in a report on Thursday, August 7th. Finally, Bank of America boosted their price objective on shares of Datadog from $150.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, July 7th. Twenty-five 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 MarketBeat.com, Datadog presently has an average rating of “Moderate Buy” and a consensus target price of $156.69.

Institutional Trading of Datadog

A number of large investors have recently modified their holdings of DDOG. Brighton Jones LLC acquired a new position in Datadog during the 4th quarter valued at about $209,000. Bison Wealth LLC acquired a new position in shares of Datadog in the fourth quarter worth about $228,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Datadog by 32.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 15,506 shares of the company’s stock worth $2,216,000 after purchasing an additional 3,760 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Datadog by 9,984.3% during the first quarter. GAMMA Investing LLC now owns 79,666 shares of the company’s stock worth $7,904,000 after purchasing an additional 78,876 shares during the period. Finally, Merit Financial Group LLC boosted its holdings in shares of Datadog by 228.8% during the first quarter. Merit Financial Group LLC now owns 7,898 shares of the company’s stock worth $784,000 after purchasing an additional 5,496 shares during the period. Institutional investors and hedge funds own 78.29% of the company’s stock.

Datadog Company Profile

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.