Datadog (NASDAQ:DDOG) CTO Sells $14,750,323.20 in Stock

Datadog, Inc. (NASDAQ:DDOG) CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction that occurred on Wednesday, October 7th. The shares were sold at an average price of $273.60, for a total value of $14,750,323.20. Following the completion of the transaction, the chief technology officer directly owned 488,033 shares of the company’s stock, valued at approximately $133,525,828.80. This trade represents a 9.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, September 23rd, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The stock was sold at an average price of $252.17, for a total value of $10,899,796.08.
• On Wednesday, September 2nd, Alexis Le-Quoc sold 21,772 shares of Datadog stock. The shares were sold at an average price of $212.90, for a total value of $4,635,258.80.
• On Tuesday, September 1st, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $227.02, for a total transaction of $12,239,102.24.
• On Monday, August 24th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The stock was sold at an average price of $228.63, for a total transaction of $9,882,303.12.
• 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 stock was sold at an average price of $265.23, for a total transaction of $11,464,301.52.

Datadog Price Performance

NASDAQ DDOG traded up $19.46 during trading on Friday, reaching $293.26. 3,702,694 shares of the company traded hands, compared to its average volume of 5,213,662. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. The stock’s 50 day moving average price is $245.27 and its two-hundred day moving average price is $215.54. The company has a market cap of $105.30 billion, a price-to-earnings ratio of 598.50, a P/E/G ratio of 26.48 and a beta of 1.51. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $294.00.

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

Hedge Funds Weigh In On Datadog

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cornerstone Financial Management LLC boosted its stake in shares of Datadog by 54.9% in the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock valued at $33,000 after purchasing an additional 45 shares during the last quarter. State of Wyoming raised its stake in Datadog by 4.1% during the first quarter. State of Wyoming now owns 1,946 shares of the company’s stock worth $230,000 after buying an additional 76 shares during the last quarter. Ancora Advisors LLC lifted its holdings in Datadog by 44.1% in the second quarter. Ancora Advisors LLC now owns 307 shares of the company’s stock valued at $80,000 after buying an additional 94 shares during the period. Quadcap Wealth Management LLC boosted its position in Datadog by 5.5% during the first quarter. Quadcap Wealth Management LLC now owns 1,970 shares of the company’s stock valued at $233,000 after acquiring an additional 102 shares during the last quarter. Finally, GraniteShares Advisors LLC grew its holdings in Datadog by 1.9% during the 1st quarter. GraniteShares Advisors LLC now owns 5,515 shares of the company’s stock worth $651,000 after acquiring an additional 104 shares during the period. 78.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on DDOG. Weiss Ratings upgraded shares of Datadog from a “sell (d+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. 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 research note on Monday, July 20th. KeyCorp lifted their target price on shares of Datadog from $225.00 to $320.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Wolfe Research reaffirmed an “outperform” rating and set a $295.00 price target on shares of Datadog in a report on Thursday, June 11th. Finally, Cantor Fitzgerald increased their target price on Datadog from $226.00 to $327.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Three research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $278.51.

Datadog Company Profile

Datadog, Inc is a software company that provides a cloud-based monitoring, observability and security platform. Its services help organizations collect, analyze and visualize data from applications, infrastructure, networks, databases and other technology environments, enabling them to identify performance issues, manage incidents and improve digital services.

The company’s product offerings include infrastructure monitoring, application performance monitoring, log management, database and network monitoring, real user and synthetic experience monitoring, cloud security, software supply chain security, incident management and workflow automation.