Datadog (NASDAQ:DDOG) General Counsel Kerry Acocella Sells 5,371 Shares of Stock

Datadog, Inc. (NASDAQ:DDOG) General Counsel Kerry Acocella sold 5,371 shares of Datadog stock in a transaction on Monday, June 15th. The stock was sold at an average price of $233.91, for a total transaction of $1,256,330.61. Following the transaction, the general counsel directly owned 127,866 shares of the company’s stock, valued at $29,909,136.06. The trade was a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kerry Acocella also recently made the following trade(s):

• On Tuesday, June 2nd, Kerry Acocella sold 7,252 shares of Datadog stock. The shares were sold at an average price of $267.15, for a total transaction of $1,937,371.80.
• On Tuesday, May 5th, Kerry Acocella sold 13,857 shares of Datadog stock. The stock was sold at an average price of $150.00, for a total transaction of $2,078,550.00.

Datadog Stock Performance

Datadog stock opened at $226.63 on Thursday. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $278.70. The company’s 50-day moving average is $184.96 and its 200 day moving average is $148.81. The firm has a market capitalization of $80.67 billion, a P/E ratio of 596.41, a price-to-earnings-growth ratio of 24.75 and a beta of 1.56. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The business’s revenue was up 32.1% compared to the same quarter last year. During the same quarter last year, the firm posted $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. Research analysts forecast that Datadog, Inc. will post 0.61 EPS for the current year.

Hedge Funds Weigh In On Datadog

A number of large investors have recently bought and sold shares of DDOG. Nomura Asset Management Co. Ltd. lifted its position in shares of Datadog by 8.0% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company’s stock valued at $20,762,000 after buying an additional 11,348 shares during the last quarter. MUFG Securities EMEA plc boosted its stake in Datadog by 115.6% in the fourth quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company’s stock valued at $1,814,000 after acquiring an additional 7,154 shares in the last quarter. Norges Bank purchased a new position in Datadog in the fourth quarter worth $469,461,000. Vanguard Group Inc. lifted its holdings in shares of Datadog by 30.3% during the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after purchasing an additional 9,748,738 shares during the last quarter. Finally, BNP Paribas boosted its position in shares of Datadog by 18.4% in the 4th quarter. BNP Paribas now owns 41,280 shares of the company’s stock worth $5,614,000 after purchasing an additional 6,403 shares in the last quarter. Institutional investors own 78.29% of the company’s stock.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Citigroup raised Datadog’s price target to $270 from $218 and kept a buy rating, citing durable AI-driven demand and implying more upside for the stock. Citi raises Datadog target to $270 citing durable AI-driven demand
• Positive Sentiment: Capital One Financial increased its price target on Datadog to $268 from $217 and reiterated an overweight view, reinforcing Wall Street optimism around the company’s growth trajectory. Capital One adjusts price target on Datadog to $268
• Positive Sentiment: Truist also upgraded Datadog to buy and raised its target to $300, with recent coverage pointing to stronger demand for Datadog’s AI observability, cloud monitoring, and security products. Truist Just Upgraded Datadog Stock. Here’s Why.
• Neutral Sentiment: Datadog shareholders backed the board and executive pay at the 2026 annual meeting, which removes a possible governance overhang but is unlikely to materially move the stock on its own. Datadog shareholders back board, pay at 2026 meeting
• Negative Sentiment: Several insiders, including General Counsel Kerry Acocella, Director Amit Agarwal, and CRO Sean Michael Walters, sold shares under pre-arranged 10b5-1 plans; while routine, insider selling can weigh on sentiment. Datadog insider trade details

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on DDOG. UBS Group raised their target price on shares of Datadog from $195.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Datadog in a report on Friday, June 12th. CICC Research increased their price objective on Datadog from $150.00 to $204.00 in a research note on Monday, May 11th. Royal Bank Of Canada restated an “outperform” rating and set a $250.00 price objective on shares of Datadog in a report on Wednesday, June 10th. Finally, BTIG Research reiterated a “buy” rating and issued a $255.00 target price on shares of Datadog in a report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and a consensus target price of $238.34.

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.