Datadog (NASDAQ:DDOG) Director Michael James Callahan Sells 12,500 Shares of Stock

Datadog, Inc. (NASDAQ:DDOG) Director Michael James Callahan sold 12,500 shares of Datadog stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $267.47, for a total value of $3,343,375.00. Following the completion of the transaction, the director owned 14,996 shares in the company, valued at approximately $4,010,980.12. This represents a 45.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 Monday, June 29th, Michael James Callahan sold 12,500 shares of Datadog stock. The stock was sold at an average price of $247.47, for a total value of $3,093,375.00.
• 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 transaction of $26,055,000.00.

Datadog Price Performance

Shares of Datadog stock traded down $4.99 during midday trading on Monday, hitting $255.37. 4,745,233 shares of the company traded hands, compared to its average volume of 5,822,261. The stock has a market cap of $90.90 billion, a price-to-earnings ratio of 672.04, a PEG ratio of 26.47 and a beta of 1.54. 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 firm’s fifty day moving average price is $213.66 and its 200-day moving average price is $156.10. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $278.70.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The firm had revenue of $1.01 billion for 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 posted $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 forecast that Datadog, Inc. will post 0.64 earnings per share for the current year.

Wall Street Analyst Weigh In

DDOG has been the subject of a number of research reports. Bank of America raised their price objective on shares of Datadog from $260.00 to $280.00 and gave the company a “buy” rating in a report on Monday, June 8th. Mizuho upped their price target on shares of Datadog from $145.00 to $220.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. TD Cowen raised their price target on shares of Datadog from $235.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, June 11th. Truist Financial upgraded shares of Datadog from a “hold” rating to a “buy” rating and lifted their price target for the stock from $190.00 to $300.00 in a report on Monday, June 15th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $260.00 price objective on shares of Datadog in a research note on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $244.73.

Institutional Investors Weigh In On Datadog

Large investors have recently modified their holdings of the company. Brighton Jones LLC bought a new stake in shares of Datadog during the 4th quarter valued at about $209,000. Bison Wealth LLC bought a new stake in Datadog in the fourth quarter worth approximately $228,000. Empowered Funds LLC lifted its stake in Datadog by 7.0% in the first quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock valued at $1,023,000 after buying an additional 672 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Datadog by 17.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after buying an additional 115 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new position in shares of Datadog during the 2nd quarter worth approximately $509,000. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Benchmark raised its price target on Datadog to a Street-high $330 from $260 and kept a Buy rating, citing continued strong execution in its product-led growth motion. Benchmark Lifts PT on Datadog (DDOG), Remains Bullish
• Positive Sentiment: Datadog recently announced the acquisition of Adaptive ML, which should strengthen its AI research efforts and expand its observability-focused product strategy. Datadog (DDOG): The Best High Growth Cybersecurity Stock to Buy Now
• Neutral Sentiment: A Datadog director sold 12,500 shares in a pre-arranged Rule 10b5-1 transaction, which can weigh on sentiment but does not necessarily signal a change in fundamentals. SEC filing for Michael James Callahan transaction
• Negative Sentiment: Bernstein downgraded Datadog, warning that slowing demand and a likely Q4 growth rate around 29% may fall short of investor expectations. Datadog’s AI Growth Story Has a Q4 Problem, Bernstein Says

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.