Datadog (NASDAQ:DDOG) CEO Sells $11,518,348.66 in Stock

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 47,054 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $244.79, for a total value of $11,518,348.66. Following the sale, the chief executive officer directly owned 612,747 shares of the company’s stock, valued at $149,994,338.13. The trade was a 7.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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 Tuesday, June 16th, Olivier Pomel sold 84,698 shares of Datadog stock. The stock was sold at an average price of $232.30, for a total transaction 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 transaction 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 transaction 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.
• On Monday, May 11th, Olivier Pomel sold 127,141 shares of Datadog stock. The stock was sold at an average price of $199.84, for a total transaction of $25,407,857.44.

Datadog Trading Up 0.2%

Datadog stock traded up $0.55 during trading on Tuesday, hitting $252.41. The company had a trading volume of 1,648,272 shares, compared to its average volume of 5,586,861. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $278.70. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. The company’s 50 day simple moving average is $242.26 and its 200-day simple moving average is $169.61. The stock has a market cap of $89.85 billion, a price-to-earnings ratio of 668.18, a price-to-earnings-growth ratio of 25.10 and a beta of 1.54.

Datadog (NASDAQ:DDOG) last announced its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same quarter in the previous year, the company earned $0.46 earnings per share. The firm’s quarterly revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, analysts expect that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have weighed in on DDOG shares. Rothschild & Co Redburn started coverage on Datadog in a research report on Thursday, April 23rd. They issued a “buy” rating and a $170.00 target price for the company. UBS Group upped their target price on shares of Datadog from $220.00 to $315.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Raymond James Financial raised their price target on Datadog from $170.00 to $220.00 in a research note on Thursday, May 7th. Wolfe Research reaffirmed an “outperform” rating and issued a $295.00 target price on shares of Datadog in a research report on Thursday, June 11th. Finally, Canadian Imperial Bank of Commerce lifted their price target on Datadog from $250.00 to $280.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Datadog has an average rating of “Moderate Buy” and a consensus target price of $264.84.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in DDOG. Regent Peak Wealth Advisors LLC acquired a new stake in shares of Datadog in the 2nd quarter worth approximately $206,000. Tema ETFs LLC raised its holdings in Datadog by 8.1% during the second quarter. Tema ETFs LLC now owns 5,792 shares of the company’s stock worth $1,508,000 after purchasing an additional 435 shares during the last quarter. Handelsbanken Fonder AB raised its holdings in Datadog by 81.6% during the second quarter. Handelsbanken Fonder AB now owns 170,519 shares of the company’s stock worth $44,396,000 after purchasing an additional 76,607 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in Datadog during the second quarter worth $260,000. Finally, Sax Wealth Advisors LLC boosted its position in Datadog by 4.2% during the second quarter. Sax Wealth Advisors LLC now owns 5,257 shares of the company’s stock worth $1,369,000 after purchasing an additional 212 shares in the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

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.