Insider Selling: Datadog (NASDAQ:DDOG) Insider Sells 11,206 Shares of Stock

Datadog, Inc. (NASDAQ:DDOGGet Free Report) insider Yanbing Li sold 11,206 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $212.90, for a total transaction of $2,385,757.40. Following the sale, the insider owned 263,146 shares of the company’s stock, valued at approximately $56,023,783.40. This represents a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Datadog Trading Down 0.9%

Shares of DDOG stock traded down $1.83 during mid-day trading on Friday, reaching $212.93. The company’s stock had a trading volume of 2,493,749 shares, compared to its average volume of 5,499,505. The company’s 50 day simple moving average is $250.18 and its 200-day simple moving average is $193.14. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $292.72. The firm has a market capitalization of $76.46 billion, a PE ratio of 434.56, a price-to-earnings-growth ratio of 20.49 and a beta of 1.49.

Datadog (NASDAQ:DDOGGet Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.58 by $0.07. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The firm’s revenue was up 35.6% compared to the same quarter last year. During the same period last year, the company posted $0.46 earnings per share. 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, research analysts predict that Datadog, Inc. will post 0.7 EPS for the current fiscal year.

Analyst Ratings Changes

DDOG has been the subject of a number of recent analyst reports. Canadian Imperial Bank of Commerce raised their price target on shares of Datadog from $250.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. Piper Sandler reissued an “overweight” rating and issued a $275.00 price objective (up from $230.00) on shares of Datadog in a report on Wednesday, June 10th. TD Cowen increased their target price on shares of Datadog from $260.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Jefferies Financial Group set a $260.00 price target on Datadog in a report on Thursday, August 6th. Finally, Wedbush began coverage on shares of Datadog in a research report on Monday, June 15th. They issued a “neutral” rating for the company. One analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $276.32.

Read Our Latest Report on Datadog

Institutional Investors Weigh In On Datadog

A number of institutional investors and hedge funds have recently modified their holdings of DDOG. EMC Capital Management acquired a new position in shares of Datadog in the 2nd quarter worth $28,000. Cornerstone Financial Management LLC lifted its holdings in shares of Datadog by 54.9% during the second quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock valued at $33,000 after purchasing an additional 45 shares during the last quarter. Elevation Wealth Partners LLC boosted its position in shares of Datadog by 2,700.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock valued at $44,000 after purchasing an additional 162 shares during the period. JPL Wealth Management LLC acquired a new position in shares of Datadog in the 3rd quarter valued at $27,000. Finally, Continuum Advisory LLC purchased a new position in Datadog in the 2nd quarter worth about $53,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

About Datadog

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Datadog (NASDAQ:DDOG)

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