Datadog, Inc. (NASDAQ:DDOG) Short Interest Update

Datadog, Inc. (NASDAQ:DDOG) was the target of a large growth in short interest in April. As of April 15th, there was short interest totaling 12,737,642 shares, a growth of 26.8% from the March 31st total of 10,044,454 shares. Approximately 3.9% of the shares of the stock are short sold. Based on an average trading volume of 4,551,248 shares, the days-to-cover ratio is presently 2.8 days.

Datadog Trading Down 1.3%

NASDAQ:DDOG traded down $1.79 on Thursday, hitting $132.19. 7,118,749 shares of the stock were exchanged, compared to its average volume of 5,572,470. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.38 and a current ratio of 3.38. Datadog has a 52 week low of $98.01 and a 52 week high of $201.69. The stock has a market capitalization of $46.61 billion, a price-to-earnings ratio of 426.42, a P/E/G ratio of 48.02 and a beta of 1.29. The company’s 50-day moving average price is $121.07 and its 200 day moving average price is $137.27.

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 company had revenue of $953.19 million during the quarter, compared to analysts’ expectations of $916.53 million. During the same quarter in the previous year, the company earned $0.49 EPS. Datadog’s revenue was up 29.2% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. On average, equities research analysts forecast that Datadog will post 0.32 earnings per share for the current year.

Insider Buying and Selling

In other Datadog news, CEO Olivier Pomel sold 42,443 shares of the business’s stock in a transaction on Thursday, April 9th. The stock was sold at an average price of $111.14, for a total value of $4,717,115.02. Following the transaction, the chief executive officer owned 835,679 shares of the company’s stock, valued at approximately $92,877,364.06. The trade was a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Amit Agarwal sold 20,000 shares of the stock in a transaction on Monday, April 27th. The stock was sold at an average price of $131.47, for a total value of $2,629,400.00. Following the sale, the director owned 1,640 shares in the company, valued at $215,610.80. The trade was a 92.42% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 594,639 shares of company stock worth $72,214,894 in the last three months. Insiders own 6.67% of the company’s stock.

Institutional Trading of Datadog

Institutional investors and hedge funds have recently made changes to their positions in the business. Rothschild Investment LLC grew its stake in shares of Datadog by 126.6% during the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after purchasing an additional 100 shares during the period. Physician Wealth Advisors Inc. lifted its stake in Datadog by 315.2% in the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 145 shares during the period. Westside Investment Management Inc. boosted its holdings in Datadog by 74.3% during the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after buying an additional 75 shares during the last quarter. JPL Wealth Management LLC acquired a new position in shares of Datadog during the 3rd quarter worth about $27,000. Finally, Tripletail Wealth Management LLC acquired a new position in shares of Datadog during the 3rd quarter worth about $28,000. Institutional investors own 78.29% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Mizuho reduced their price target on shares of Datadog from $170.00 to $145.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 14th. Needham & Company LLC lowered their price objective on shares of Datadog from $220.00 to $155.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. Guggenheim raised shares of Datadog from a “neutral” rating to a “buy” rating and set a $175.00 target price for the company in a research note on Thursday, April 9th. Wedbush reduced their target price on shares of Datadog from $215.00 to $190.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 11th. Finally, Citigroup reissued a “buy” rating on shares of Datadog in a research note on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Datadog presently has an average rating of “Moderate Buy” and a consensus price target of $177.20.

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.