Datadog (NASDAQ:DDOG) CTO Alexis Le-Quoc Sells 43,224 Shares

Datadog, Inc. (NASDAQ:DDOG) CTO Alexis Le-Quoc sold 43,224 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $228.63, for a total transaction of $9,882,303.12. Following the completion of the sale, the chief technology officer owned 509,805 shares in the company, valued at $116,556,717.15. This represents a 7.82% decrease in their position. The transaction was disclosed in a legal 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.

Alexis Le-Quoc also recently made the following trade(s):

• On Monday, August 10th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The shares were sold at an average price of $253.36, for a total transaction of $13,659,144.32.
• On Monday, July 20th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The shares were sold at an average price of $265.23, for a total value of $11,464,301.52.
• On Wednesday, July 8th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $257.24, for a total value of $13,868,322.88.
• On Monday, June 22nd, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The stock was sold at an average price of $220.97, for a total value of $9,551,207.28.
• On Tuesday, June 2nd, Alexis Le-Quoc sold 21,506 shares of Datadog stock. The stock was sold at an average price of $267.15, for a total value of $5,745,327.90.
• On Monday, June 1st, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The shares were sold at an average price of $271.05, for a total value of $14,612,847.60.

Datadog Stock Up 2.1%

Shares of NASDAQ:DDOG opened at $227.67 on Thursday. The stock has a market cap of $81.75 billion, a price-to-earnings ratio of 464.64, a PEG ratio of 21.71 and a beta of 1.54. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $292.72. The business’s 50 day moving average is $249.52 and its 200 day moving average is $188.70.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the prior year, the company posted $0.46 earnings per share. Datadog’s revenue was up 35.6% compared to the same quarter last year. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. On average, sell-side analysts forecast that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Institutional Trading of Datadog

A number of large investors have recently added to or reduced their stakes in DDOG. Brighton Jones LLC bought a new position in shares of Datadog during the 4th quarter valued at approximately $209,000. Bison Wealth LLC bought a new stake in shares of Datadog in the 4th quarter worth approximately $228,000. Empowered Funds LLC raised its holdings in shares of Datadog by 7.0% in the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after purchasing an additional 672 shares during the period. Geneos Wealth Management Inc. lifted its stake in Datadog by 17.6% in the first quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock valued at $76,000 after purchasing an additional 115 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in Datadog in the second quarter valued at approximately $509,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on DDOG. Wedbush initiated coverage on shares of Datadog in a report on Monday, June 15th. They set a “neutral” rating on the stock. Piper Sandler reaffirmed an “overweight” rating and issued a $275.00 price objective (up from $230.00) on shares of Datadog in a research report on Wednesday, June 10th. Capital One Financial increased their price objective on shares of Datadog from $217.00 to $268.00 and gave the company an “overweight” rating in a research note on Wednesday, June 17th. Craig Hallum started coverage on shares of Datadog in a research report on Monday, June 15th. They set a “buy” rating on the stock. Finally, Arete Research boosted their target price on Datadog from $260.00 to $340.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $276.32.

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.