Olivier Pomel Sells 11,195 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 11,195 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $137.93, for a total transaction of $1,544,126.35. Following the sale, the chief executive officer directly owned 518,133 shares of the company’s stock, valued at $71,466,084.69. This trade represents a 2.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Wednesday, December 3rd, Olivier Pomel sold 32,923 shares of Datadog stock. The shares were sold at an average price of $154.63, for a total value of $5,090,883.49.
• On Tuesday, December 2nd, Olivier Pomel sold 15,225 shares of Datadog stock. The stock was sold at an average price of $158.60, for a total value of $2,414,685.00.
• On Monday, November 17th, Olivier Pomel sold 100,754 shares of Datadog stock. The shares were sold at an average price of $181.18, for a total value of $18,254,609.72.
• On Monday, November 17th, Olivier Pomel sold 100,754 shares of Datadog stock. The shares were sold at an average price of $181.18, for a total value of $18,254,609.72.
• On Monday, November 3rd, Olivier Pomel sold 62,682 shares of Datadog stock. The stock was sold at an average price of $163.90, for a total value of $10,273,579.80.
• On Wednesday, October 22nd, Olivier Pomel sold 11,195 shares of Datadog stock. The shares were sold at an average price of $154.35, for a total transaction of $1,727,948.25.
• On Tuesday, October 7th, Olivier Pomel sold 32,923 shares of Datadog stock. The shares were sold at an average price of $154.43, for a total transaction of $5,084,298.89.
• On Thursday, October 9th, Olivier Pomel sold 63,939 shares of Datadog stock. The stock was sold at an average price of $165.02, for a total transaction of $10,551,213.78.
• On Wednesday, October 8th, Olivier Pomel sold 25,620 shares of Datadog stock. The shares were sold at an average price of $165.01, for a total transaction of $4,227,556.20.

Datadog Trading Up 0.2%

Shares of DDOG stock opened at $138.32 on Friday. The company has a current ratio of 3.66, a quick ratio of 3.66 and a debt-to-equity ratio of 0.29. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $201.69. The stock has a market capitalization of $48.50 billion, a P/E ratio of 446.19, a P/E/G ratio of 30.21 and a beta of 1.23. The firm’s 50 day moving average is $159.10 and its 200 day moving average is $146.07.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.10. The firm had revenue of $885.65 million for the quarter, compared to analysts’ expectations of $852.77 million. Datadog had a return on equity of 4.14% and a net margin of 3.32%.The company’s revenue was up 28.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.46 EPS. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS and its Q4 2025 guidance at 0.54-0.56 EPS. Research analysts expect that Datadog, Inc. will post 0.34 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DDOG. New Mexico Educational Retirement Board bought a new stake in Datadog during the third quarter valued at about $2,051,000. Allworth Financial LP grew its position in shares of Datadog by 5.1% during the third quarter. Allworth Financial LP now owns 2,249 shares of the company’s stock worth $320,000 after purchasing an additional 109 shares in the last quarter. IFP Advisors Inc raised its stake in Datadog by 2.6% during the 3rd quarter. IFP Advisors Inc now owns 14,712 shares of the company’s stock valued at $2,098,000 after purchasing an additional 369 shares during the period. Swiss Life Asset Management Ltd lifted its holdings in Datadog by 10.4% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 28,126 shares of the company’s stock worth $4,005,000 after purchasing an additional 2,651 shares in the last quarter. Finally, BlueCrest Capital Management Ltd bought a new position in Datadog in the 3rd quarter worth approximately $2,599,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on DDOG. Wells Fargo & Company upped their price target on shares of Datadog from $190.00 to $230.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. CIBC upgraded shares of Datadog from a “neutral” rating to a “sector outperform” rating and set a $240.00 target price for the company in a research report on Friday, November 7th. Evercore ISI increased their price target on shares of Datadog from $170.00 to $215.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. BNP Paribas Exane lifted their price target on shares of Datadog from $160.00 to $210.00 in a research note on Friday, November 7th. Finally, Sanford C. Bernstein upped their price objective on Datadog from $170.00 to $180.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Thirty-one research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $207.78.

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.