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

Datadog, Inc. (NASDAQ:DDOG) CTO Alexis Le-Quoc sold 43,224 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $208.04, for a total transaction of $8,992,320.96. Following the transaction, the chief technology officer owned 531,311 shares of the company’s stock, valued at approximately $110,533,940.44. The trade was a 7.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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, May 4th, Alexis Le-Quoc sold 43,106 shares of Datadog stock. The shares were sold at an average price of $144.93, for a total transaction of $6,247,352.58.
• On Wednesday, April 22nd, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The shares were sold at an average price of $130.84, for a total transaction of $5,655,428.16.
• On Monday, April 6th, Alexis Le-Quoc sold 32,300 shares of Datadog stock. The shares were sold at an average price of $116.46, for a total transaction of $3,761,658.00.
• On Monday, March 23rd, Alexis Le-Quoc sold 32,418 shares of Datadog stock. The shares were sold at an average price of $127.75, for a total transaction of $4,141,399.50.
• On Tuesday, March 10th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $125.49, for a total transaction of $6,765,416.88.
• On Monday, March 2nd, Alexis Le-Quoc sold 53,541 shares of Datadog stock. The stock was sold at an average price of $110.54, for a total transaction of $5,918,422.14.

Datadog Stock Performance

NASDAQ:DDOG traded down $2.91 on Wednesday, reaching $212.24. 5,219,589 shares of the company’s stock were exchanged, compared to its average volume of 5,907,673. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The firm has a market cap of $75.55 billion, a price-to-earnings ratio of 558.54, a P/E/G ratio of 67.81 and a beta of 1.30. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $220.35. The stock has a fifty day simple moving average of $138.70 and a 200-day simple moving average of $139.74.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company’s quarterly revenue was up 32.1% on a year-over-year basis. During the same quarter last year, the business earned $0.46 earnings per share. 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, sell-side analysts predict that Datadog, Inc. will post 0.35 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on DDOG shares. Raymond James Financial increased their target price on shares of Datadog from $170.00 to $220.00 in a research report on Thursday, May 7th. Canaccord Genuity Group set a $225.00 target price on shares of Datadog in a research report on Friday, May 8th. Evercore reissued an “outperform” rating and issued a $225.00 price target on shares of Datadog in a report on Thursday, May 7th. Monness Crespi & Hardt increased their price target on shares of Datadog from $255.00 to $270.00 in a report on Thursday, May 7th. Finally, BTIG Research increased their price target on shares of Datadog from $170.00 to $212.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $213.38.

Institutional Investors Weigh In On Datadog

Institutional investors and hedge funds have recently modified their holdings of the company. Rothschild Investment LLC raised its stake in Datadog by 126.6% in the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares in the last quarter. Physician Wealth Advisors Inc. raised its stake in Datadog by 315.2% in the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after purchasing an additional 145 shares in the last quarter. Westside Investment Management Inc. raised its stake in Datadog by 74.3% in the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in Datadog in the third quarter valued at approximately $27,000. Finally, Hazlett Burt & Watson Inc. purchased a new stake in Datadog in the third quarter valued at approximately $28,000. 78.29% of the stock is owned by hedge funds and other institutional investors.

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.