Olivier Pomel Sells 47,054 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 47,054 shares of Datadog stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $235.49, for a total transaction of $11,080,746.46. Following the completion of the transaction, the chief executive officer owned 612,747 shares in the company, valued at approximately $144,295,791.03. This represents a 7.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, August 5th, Olivier Pomel sold 127,141 shares of Datadog stock. The stock was sold at an average price of $286.71, for a total transaction of $36,452,596.11.
• On Thursday, July 23rd, Olivier Pomel sold 47,054 shares of Datadog stock. The stock was sold at an average price of $244.79, for a total value of $11,518,348.66.
• On Tuesday, June 16th, Olivier Pomel sold 84,698 shares of Datadog stock. The shares were sold at an average price of $232.30, for a total value of $19,675,345.40.
• On Monday, June 8th, Olivier Pomel sold 127,141 shares of Datadog stock. The shares were sold at an average price of $231.69, for a total value of $29,457,298.29.
• On Tuesday, June 2nd, Olivier Pomel sold 26,012 shares of Datadog stock. The shares were sold at an average price of $267.15, for a total value of $6,949,105.80.
• On Tuesday, May 26th, Olivier Pomel sold 84,698 shares of Datadog stock. The stock was sold at an average price of $223.58, for a total transaction of $18,936,778.84.

Datadog Stock Performance

Shares of NASDAQ:DDOG traded up $3.07 during midday trading on Friday, hitting $235.62. The stock had a trading volume of 2,725,033 shares, compared to its average volume of 5,604,124. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $292.72. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. The stock has a 50 day moving average price of $249.69 and a two-hundred day moving average price of $185.59. The company has a market capitalization of $84.61 billion, a PE ratio of 480.87, a P/E/G ratio of 22.92 and a beta of 1.54.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.07. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The firm’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same period in the prior year, the company 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, equities analysts predict that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on DDOG. DA Davidson restated a “buy” rating and issued a $315.00 price target on shares of Datadog in a research note on Friday, August 7th. Daiwa Securities Group increased their price objective on Datadog from $190.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Truist Financial raised Datadog from a “hold” rating to a “buy” rating and raised their target price for the company from $190.00 to $300.00 in a report on Monday, June 15th. Guggenheim boosted their target price on shares of Datadog from $225.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Finally, Canadian Imperial Bank of Commerce upped their price target on shares of Datadog from $250.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $276.32.

Hedge Funds Weigh In On Datadog

Several hedge funds and other institutional investors have recently bought and sold shares of DDOG. State Street Corp increased its stake in shares of Datadog by 106.8% during the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after purchasing an additional 7,091,075 shares in the last quarter. Norges Bank purchased a new stake in Datadog in the 4th quarter valued at approximately $469,461,000. Jennison Associates LLC lifted its stake in Datadog by 43.7% in the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock valued at $1,036,787,000 after buying an additional 2,316,994 shares in the last quarter. Invesco Ltd. grew its holdings in Datadog by 119.2% during the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after buying an additional 2,216,402 shares during the last quarter. Finally, Employees Provident Fund Board acquired a new stake in Datadog during the 4th quarter valued at $251,582,000. 78.29% of the stock is owned by institutional investors and hedge funds.

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.