Datadog, Inc. (NASDAQ:DDOG – Get Free Report) Director Amit Agarwal sold 20,000 shares of the business’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $266.82, for a total value of $5,336,400.00. Following the transaction, the director owned 1,640 shares of the company’s stock, valued at approximately $437,584.80. The trade was a 92.42% decrease in their ownership of the stock. The transaction was disclosed in a filing 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.
Amit Agarwal also recently made the following trade(s):
- On Thursday, July 23rd, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $244.87, for a total transaction of $4,897,400.00.
- On Thursday, July 9th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was 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 stock was sold at an average price of $261.22, for a total value of $5,224,400.00.
- On Thursday, June 25th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $220.12, for a total value of $4,402,400.00.
- On Thursday, June 18th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were 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 shares were 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 stock was sold at an average price of $200.13, for a total value of $4,002,600.00.
Datadog Stock Up 5.3%
Shares of Datadog stock opened at $288.15 on Wednesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $289.90. The stock has a market capitalization of $102.57 billion, a price-to-earnings ratio of 758.31, a P/E/G ratio of 27.72 and a beta of 1.54. The company’s 50 day moving average price is $248.25 and its 200-day moving average price is $175.53.
Institutional Investors Weigh In On Datadog
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Regent Peak Wealth Advisors LLC purchased a new stake in Datadog during the second quarter valued at $206,000. Tema ETFs LLC boosted its position in Datadog by 8.1% in 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 boosted its position in Datadog by 81.6% in 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 bought a new stake in shares of Datadog during the 2nd quarter valued at about $260,000. Finally, Sax Wealth Advisors LLC grew its stake in shares of Datadog by 4.2% during the 2nd quarter. Sax Wealth Advisors LLC now owns 5,257 shares of the company’s stock valued at $1,369,000 after purchasing an additional 212 shares during the period. Hedge funds and other institutional investors own 78.29% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on DDOG. Bank of America lifted their target price on shares of Datadog from $260.00 to $280.00 and gave the company a “buy” rating in a report on Monday, June 8th. The Goldman Sachs Group raised their price objective on Datadog from $121.00 to $139.00 and gave the company a “sell” rating in a research report on Tuesday, May 12th. Rothschild & Co Redburn started coverage on Datadog in a research note on Thursday, April 23rd. They set a “buy” rating and a $170.00 price objective for the company. New Street Research set a $260.00 target price on Datadog in a report on Thursday, June 11th. Finally, Monness Crespi & Hardt increased their target price on Datadog from $255.00 to $270.00 in a research note on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $271.57.
View Our Latest Report on Datadog
More Datadog News
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Analysts raised their price targets and maintained bullish ratings. Cantor Fitzgerald lifted its target to $327 from $226 and assigned an “overweight” rating. Rosenblatt raised its target to $305 from $220 with a “buy” rating, while Canaccord increased its target to $295 from $250 and also rated the stock “buy.” Cantor Fitzgerald analyst commentary
- Positive Sentiment: Datadog enters the earnings period with strong growth momentum. Recent coverage points to revenue growth above 30%, accelerating demand for AI-related observability and opportunities from new products, broader platform adoption and a strategic acquisition. These trends support the company’s premium growth multiple. Datadog earnings outlook
- Positive Sentiment: DDOG has shown relative technical strength. Datadog was identified as one of the technology stocks holding near its highs despite a broader pullback in AI-related shares, signaling continued investor confidence ahead of earnings. Technology stocks holding up during AI pullback
- Neutral Sentiment: Second-quarter results could produce significant movement. Analysts are watching customer additions, usage trends, remaining performance obligations and operating margins in addition to revenue and EPS. Datadog’s prior quarter exceeded estimates, but expectations are now elevated. Datadog Q2 earnings preview
- Negative Sentiment: Valuation and insider selling remain risks. Datadog trades at a very high earnings multiple, leaving the stock vulnerable if guidance or key operating metrics disappoint. Director Amit Agarwal also sold 20,000 shares worth approximately $5.34 million, reducing his direct holdings by more than 92%; the sale occurred under a pre-arranged Rule 10b5-1 plan, which limits its bearish significance. SEC insider transaction filing
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.
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