Datadog (NASDAQ:DDOG) Director Matthew Jacobson Sells 39,912 Shares

Datadog, Inc. (NASDAQ:DDOG) Director Matthew Jacobson sold 39,912 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $250.55, for a total value of $9,999,951.60. Following the sale, the director owned 544,220 shares in the company, valued at $136,354,321. The trade was a 6.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Matthew Jacobson also recently made the following trade(s):

• On Friday, August 14th, Matthew Jacobson sold 19,512 shares of Datadog stock. The stock was sold at an average price of $256.25, for a total value of $4,999,950.00.

Datadog Stock Performance

DDOG stock traded down $8.14 during mid-day trading on Monday, reaching $247.32. The company had a trading volume of 3,722,897 shares, compared to its average volume of 5,657,097. Datadog, Inc. has a one year low of $98.01 and a one year high of $292.72. The stock has a market capitalization of $88.81 billion, a P/E ratio of 504.74, a P/E/G ratio of 26.87 and a beta of 1.54. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. The stock’s 50-day simple moving average is $248.92 and its two-hundred day simple moving average is $182.61.

Datadog (NASDAQ:DDOG) last posted its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. Datadog’s revenue was up 35.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 EPS. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Research analysts anticipate that Datadog, Inc. will post 0.65 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Canaccord Genuity Group increased their price target on Datadog from $250.00 to $295.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Citigroup upped their price objective on shares of Datadog from $300.00 to $305.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Wolfe Research reiterated an “outperform” rating and issued a $295.00 target price on shares of Datadog in a research report on Thursday, June 11th. Morgan Stanley raised their target price on shares of Datadog from $225.00 to $300.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Finally, Bank of America upped their price target on shares of Datadog from $260.00 to $280.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $276.32.

Institutional Trading of Datadog

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Elevation Wealth Partners LLC grew its position in Datadog by 2,700.0% in the second quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock worth $44,000 after buying an additional 162 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in shares of Datadog during the 3rd quarter valued at $27,000. NBC Securities Inc. lifted its position in shares of Datadog by 242.6% during the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after acquiring an additional 165 shares during the last quarter. Rothschild Investment LLC boosted its stake in shares of Datadog by 52.5% during the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after acquiring an additional 94 shares in the last quarter. Finally, Ancora Advisors LLC bought a new stake in shares of Datadog during the 2nd quarter worth $80,000. 78.29% of the stock is currently owned by institutional investors.

Datadog Company Profile

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.