Datadog (NASDAQ:DDOG) Director Sells 12,500 Shares

Datadog, Inc. (NASDAQ:DDOG) Director Michael James Callahan sold 12,500 shares of Datadog stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $247.47, for a total value of $3,093,375.00. Following the transaction, the director owned 14,996 shares in the company, valued at $3,711,060.12. This trade represents a 45.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Michael James Callahan also recently made the following trade(s):

• On Friday, June 12th, Michael James Callahan sold 112,500 shares of Datadog stock. The shares were sold at an average price of $231.60, for a total value of $26,055,000.00.

Datadog Stock Up 1.6%

NASDAQ DDOG traded up $4.12 during trading hours on Wednesday, reaching $264.48. 3,542,958 shares of the company’s stock were exchanged, compared to its average volume of 5,852,795. The company’s 50-day moving average is $205.78 and its two-hundred day moving average is $153.66. Datadog, Inc. has a one year low of $98.01 and a one year high of $278.70. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The company has a market capitalization of $94.14 billion, a price-to-earnings ratio of 696.02, a price-to-earnings-growth ratio of 25.27 and a beta of 1.56.

Datadog (NASDAQ:DDOG) last announced its earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. During the same period last year, the company posted $0.46 EPS. The business’s quarterly revenue was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, analysts forecast that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on DDOG shares. Citizens Jmp raised shares of Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 target price for the company in a research note on Thursday, May 7th. Wolfe Research restated an “outperform” rating and issued a $295.00 price target on shares of Datadog in a report on Thursday, June 11th. Oppenheimer upped their price objective on Datadog from $200.00 to $220.00 in a research report on Thursday, May 7th. Bank of America increased their price objective on Datadog from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Finally, Morgan Stanley raised Datadog from an “overweight” rating to an “overweight” rating in a research report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $242.09.

Hedge Funds Weigh In On Datadog

A number of large investors have recently modified their holdings of the business. Elevation Point Wealth Partners LLC raised its stake in Datadog by 3.3% in the 3rd quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock valued at $242,000 after acquiring an additional 55 shares during the period. Chicago Partners Investment Group LLC boosted its position in Datadog by 1.6% during the fourth quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock worth $622,000 after purchasing an additional 73 shares during the period. Vivaldi Capital Management LP boosted its position in Datadog by 2.8% during the third quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock worth $383,000 after purchasing an additional 74 shares during the period. State of Wyoming increased its holdings in shares of Datadog by 4.1% in the first quarter. State of Wyoming now owns 1,946 shares of the company’s stock valued at $230,000 after purchasing an additional 76 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of Datadog by 2.0% in the fourth quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock valued at $529,000 after purchasing an additional 78 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog acquired Adaptive ML, a reinforcement learning startup, to accelerate investment in AI research and development and expand its AI lab capabilities. Datadog Acquires Adaptive ML to Accelerate Its Investment in AI Research and Development
• Positive Sentiment: Analysts also turned more constructive, with Bernstein reiterating a Buy rating and other firms lifting price targets, which likely added to the stock’s momentum. Datadog (DDOG) Receives a Buy from Bernstein
• Positive Sentiment: Recent commentary highlighted Datadog as a software name benefiting from stronger cloud momentum and AI-related interest, supporting sentiment around the stock. 2 Software Stocks That Are Probably Safe From AI’s Disruption
• Neutral Sentiment: Datadog has also been receiving elevated investor attention and several coverage articles, reflecting broader interest in the name rather than a single fundamental catalyst. Datadog, Inc. (DDOG) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: One potential overhang is continued insider selling by Director Amit Agarwal, although the trades were disclosed as part of a pre-arranged 10b5-1 plan and may not signal negative operating news. Datadog (NASDAQ:DDOG) Director Sells 20,000 Shares of Stock

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.