Datadog (NASDAQ:DDOG) CRO Sells $2,806,434.40 in Stock

Datadog, Inc. (NASDAQ:DDOG) CRO Sean Michael Walters sold 22,330 shares of the business’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $125.68, for a total value of $2,806,434.40. Following the completion of the sale, the executive directly owned 238,384 shares in the company, valued at $29,960,101.12. This represents a 8.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Datadog Price Performance

DDOG stock traded down $2.64 during trading hours on Friday, hitting $124.52. 3,989,010 shares of the stock traded hands, compared to its average volume of 6,210,622. The stock has a 50-day simple moving average of $123.25 and a 200 day simple moving average of $141.63. The company has a market cap of $43.90 billion, a P/E ratio of 401.68, a P/E/G ratio of 35.04 and a beta of 1.31. Datadog, Inc. has a one year low of $81.63 and a one year high of $201.69. The company has a current ratio of 3.38, a quick ratio of 3.38 and a debt-to-equity ratio of 0.26.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.55 by $0.04. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The firm had revenue of $953.19 million for the quarter, compared to analysts’ expectations of $916.53 million. During the same period in the previous year, the business earned $0.49 earnings per share. Datadog’s revenue for the quarter was up 29.2% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. Equities analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current year.

Institutional Investors Weigh In On Datadog

A number of institutional investors have recently bought and sold shares of the business. Rothschild Investment LLC increased its holdings in shares of Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares during the period. Physician Wealth Advisors Inc. boosted its holdings in shares of Datadog by 315.2% during the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after purchasing an additional 145 shares during the period. Westside Investment Management Inc. grew its position in Datadog by 74.3% during the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares in the last quarter. JPL Wealth Management LLC purchased a new position in Datadog during the third quarter valued at approximately $27,000. Finally, Tripletail Wealth Management LLC acquired a new position in Datadog in the 3rd quarter valued at approximately $28,000. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DDOG has been the subject of a number of research reports. UBS Group set a $195.00 target price on shares of Datadog in a report on Monday, February 9th. BNP Paribas Exane cut their price objective on Datadog from $210.00 to $175.00 and set an “outperform” rating for the company in a research report on Thursday, January 15th. Scotiabank reduced their price objective on Datadog from $180.00 to $160.00 and set a “sector outperform” rating for the company in a research note on Wednesday, February 11th. Royal Bank Of Canada cut their target price on Datadog from $175.00 to $150.00 and set an “outperform” rating on the stock in a research report on Monday, February 9th. Finally, Cantor Fitzgerald reduced their target price on Datadog from $220.00 to $150.00 and set an “overweight” rating for the company in a report on Friday, February 6th. Thirty-six research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $179.62.

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.