Datadog (NASDAQ:DDOG) COO Adam Blitzer Sells 13,642 Shares

Datadog, Inc. (NASDAQ:DDOGGet Free Report) COO Adam Blitzer sold 13,642 shares of Datadog stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $267.15, for a total value of $3,644,460.30. Following the sale, the chief operating officer directly owned 275,973 shares of the company’s stock, valued at $73,726,186.95. This represents a 4.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Adam Blitzer also recently made the following trade(s):

  • On Wednesday, June 3rd, Adam Blitzer sold 12,202 shares of Datadog stock. The stock was sold at an average price of $249.29, for a total value of $3,041,836.58.

Datadog Stock Down 2.7%

DDOG opened at $243.60 on Friday. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The company has a market capitalization of $86.71 billion, a P/E ratio of 641.07, a P/E/G ratio of 26.80 and a beta of 1.56. The stock has a fifty day moving average of $164.88 and a 200-day moving average of $144.65.

Datadog (NASDAQ:DDOGGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.Datadog’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, equities analysts expect that Datadog, Inc. will post 0.61 EPS for the current year.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

Wall Street Analyst Weigh In

A number of research firms recently commented on DDOG. Benchmark reaffirmed a “buy” rating on shares of Datadog in a research note on Thursday, May 7th. The Goldman Sachs Group boosted their price target on Datadog from $121.00 to $139.00 and gave the company a “sell” rating in a research note on Tuesday, May 12th. Bank of America boosted their price target on Datadog from $225.00 to $260.00 in a research note on Thursday, May 28th. Rosenblatt Securities boosted their price target on Datadog from $178.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, Monness Crespi & Hardt boosted their price target on Datadog from $255.00 to $270.00 in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $219.69.

Get Our Latest Stock Report on Datadog

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of DDOG. Brighton Jones LLC acquired a new position in Datadog during the fourth quarter worth about $209,000. Bison Wealth LLC acquired a new position in Datadog during the fourth quarter worth about $228,000. Empowered Funds LLC raised its stake in Datadog by 7.0% during the first quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after acquiring an additional 672 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Datadog by 17.6% during the first quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after acquiring an additional 115 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in Datadog during the second quarter worth about $509,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

Datadog Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Datadog (NASDAQ:DDOG)

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