Alexis Le-Quoc Sells 43,224 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) CTO Alexis Le-Quoc sold 43,224 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $228.63, for a total value of $9,882,303.12. Following the transaction, the chief technology officer directly owned 509,805 shares in the company, valued at approximately $116,556,717.15. This represents a 7.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, August 10th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The shares were sold at an average price of $253.36, for a total value of $13,659,144.32.
• On Monday, July 20th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The shares were sold at an average price of $265.23, for a total value of $11,464,301.52.
• On Wednesday, July 8th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The shares were sold at an average price of $257.24, for a total value of $13,868,322.88.
• On Monday, June 22nd, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The stock was sold at an average price of $220.97, for a total value of $9,551,207.28.
• On Tuesday, June 2nd, Alexis Le-Quoc sold 21,506 shares of Datadog stock. The stock was sold at an average price of $267.15, for a total value of $5,745,327.90.
• On Monday, June 1st, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $271.05, for a total transaction of $14,612,847.60.

Datadog Stock Up 6.7%

DDOG stock opened at $242.93 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $292.72. The firm has a fifty day moving average price of $249.92 and a two-hundred day moving average price of $189.62. The firm has a market cap of $87.23 billion, a price-to-earnings ratio of 495.79, a PEG ratio of 22.17 and a beta of 1.54.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, topping 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 for 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 firm’s 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. Research analysts predict that Datadog, Inc. will post 0.7 EPS for the current year.

Institutional Investors Weigh In On Datadog

Several large investors have recently made changes to their positions in the company. California State Teachers Retirement System boosted its position in shares of Datadog by 27,002.8% during the second quarter. California State Teachers Retirement System now owns 121,189,509 shares of the company’s stock worth $31,552,901,000 after buying an additional 120,742,361 shares during the period. Price T Rowe Associates Inc. MD increased its position in Datadog by 7.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock valued at $1,961,496,000 after acquiring an additional 956,993 shares during the period. State Street Corp raised its stake in Datadog by 106.8% during the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock valued at $1,955,547,000 after acquiring an additional 7,091,075 shares in the last quarter. Geode Capital Management LLC raised its stake in Datadog by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock valued at $1,227,184,000 after acquiring an additional 197,816 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its position in Datadog by 22.8% during the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after acquiring an additional 1,439,082 shares during the period. Institutional investors and hedge funds own 78.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on DDOG shares. Arete Research lifted their target price on Datadog from $260.00 to $340.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Craig Hallum assumed coverage on Datadog in a research report on Monday, June 15th. They set a “buy” rating on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $280.00 price target on shares of Datadog in a report on Thursday, July 16th. Zacks Research lowered Datadog from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. Finally, Monness Crespi & Hardt upped their price objective on Datadog from $255.00 to $270.00 in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, 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.