Datadog (NASDAQ:DDOG) Director Sells $4,999,950.00 in Stock

Datadog, Inc. (NASDAQ:DDOG) Director Matthew Jacobson sold 19,512 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $256.25, for a total transaction of $4,999,950.00. Following the sale, the director owned 524,708 shares in the company, valued at $134,456,425. This represents a 3.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Thursday, August 13th, Matthew Jacobson sold 39,912 shares of Datadog stock. The stock was sold at an average price of $250.55, for a total value of $9,999,951.60.

Datadog Trading Down 5.1%

Shares of NASDAQ DDOG opened at $233.52 on Thursday. The business’s 50 day moving average is $249.72 and its two-hundred day moving average is $184.87. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $292.72. The stock has a market capitalization of $83.85 billion, a P/E ratio of 476.58, a PEG ratio of 24.14 and a beta of 1.54.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data 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 business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The company’s quarterly revenue was up 35.6% compared to the same quarter last year. During the same period in the prior year, the business 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. As a group, research analysts expect that Datadog, Inc. will post 0.7 EPS for the current year.

Analysts Set New Price Targets

DDOG has been the subject of a number of analyst reports. New Street Research set a $260.00 price target on Datadog in a research report on Thursday, June 11th. Benchmark reissued a “buy” rating on shares of Datadog in a research note on Tuesday, July 28th. Weiss Ratings raised shares of Datadog from a “sell (d+)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Capital One Financial raised their target price on shares of Datadog from $217.00 to $268.00 and gave the stock an “overweight” rating in a report on Wednesday, June 17th. Finally, Sanford C. Bernstein cut shares of Datadog from an “outperform” rating to a “market perform” rating and lifted their price target for the stock from $180.00 to $226.00 in a research note on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $276.32.

Hedge Funds Weigh In On Datadog

Hedge funds have recently bought and sold shares of the business. Greenleaf Trust increased its stake in Datadog by 54.9% in the second quarter. Greenleaf Trust now owns 2,985 shares of the company’s stock worth $777,000 after purchasing an additional 1,058 shares during the period. Archer Investment Corp purchased a new stake in shares of Datadog during the second quarter valued at $419,000. North Star Asset Management Inc. purchased a new stake in shares of Datadog during the second quarter valued at $22,651,000. Public Employees Retirement System of Ohio bought a new position in shares of Datadog in the second quarter worth about $32,564,000. Finally, Advent International L.P. bought a new position in shares of Datadog in the second quarter worth about $495,000. Institutional investors own 78.29% of the company’s stock.

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.