Datadog (NASDAQ:DDOG) Director Amit Agarwal Sells 20,000 Shares

Datadog, Inc. (NASDAQ:DDOG) Director Amit Agarwal sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $244.87, for a total value of $4,897,400.00. Following the completion of the sale, the director directly owned 1,640 shares of the company’s stock, valued at approximately $401,586.80. The trade was a 92.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amit Agarwal also recently made the following trade(s):

• On Thursday, July 9th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $267.41, for a total transaction of $5,348,200.00.
• On Thursday, July 2nd, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $261.22, for a total transaction of $5,224,400.00.
• On Thursday, June 25th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $220.12, for a total transaction of $4,402,400.00.
• On Thursday, June 18th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $220.92, for a total transaction of $4,418,400.00.
• On Friday, June 12th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $231.56, for a total transaction of $4,631,200.00.
• On Monday, May 11th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $200.13, for a total transaction of $4,002,600.00.

Datadog Stock Up 0.2%

Shares of DDOG stock traded up $0.55 on Tuesday, hitting $252.41. The company’s stock had a trading volume of 1,648,272 shares, compared to its average volume of 5,586,861. The stock has a market capitalization of $89.85 billion, a price-to-earnings ratio of 668.18, a P/E/G ratio of 25.10 and a beta of 1.54. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The firm’s fifty day moving average price is $242.26 and its 200-day moving average price is $169.61. 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 posted its earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. During the same period in the prior year, the business posted $0.46 earnings per share. The business’s quarterly revenue was up 32.1% on a year-over-year basis. 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 anticipate that Datadog, Inc. will post 0.64 EPS for the current year.

Hedge Funds Weigh In On Datadog

Institutional investors and hedge funds have recently bought and sold shares of the stock. Regent Peak Wealth Advisors LLC acquired a new position in Datadog during the 2nd quarter valued at $206,000. Tema ETFs LLC grew its position in Datadog by 8.1% in the 2nd 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 increased its holdings in shares of Datadog by 81.6% during the 2nd 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 period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of Datadog during the second quarter valued at about $260,000. Finally, Sax Wealth Advisors LLC raised its position in shares of Datadog by 4.2% during the second quarter. Sax Wealth Advisors LLC now owns 5,257 shares of the company’s stock valued at $1,369,000 after buying an additional 212 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

Wall Street Analyst Weigh In

DDOG has been the subject of several analyst reports. BMO Capital Markets restated an “outperform” rating and issued a $260.00 target price on shares of Datadog in a report on Friday, June 12th. CICC Research increased their price target on Datadog from $150.00 to $204.00 in a report on Monday, May 11th. Citigroup boosted their price objective on shares of Datadog from $270.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday. Wells Fargo & Company upped their price objective on shares of Datadog from $230.00 to $295.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. Finally, UBS Group raised their target price on shares of Datadog from $220.00 to $315.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $264.84.

Datadog Company Profile

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.