Datadog (NASDAQ:DDOG) CEO Sells $10,273,579.80 in Stock

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 62,682 shares of Datadog stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $163.90, for a total transaction of $10,273,579.80. Following the transaction, the chief executive officer owned 533,358 shares of the company’s stock, valued at $87,417,376.20. The trade was a 10.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Olivier Pomel also recently made the following trade(s):

• On Wednesday, October 22nd, Olivier Pomel sold 11,195 shares of Datadog stock. The stock was sold at an average price of $154.35, for a total value of $1,727,948.25.
• On Tuesday, October 7th, Olivier Pomel sold 32,923 shares of Datadog stock. The shares were sold at an average price of $154.43, for a total value of $5,084,298.89.
• On Thursday, October 9th, Olivier Pomel sold 63,939 shares of Datadog stock. The stock was sold at an average price of $165.02, for a total value of $10,551,213.78.
• On Wednesday, October 8th, Olivier Pomel sold 25,620 shares of Datadog stock. The shares were sold at an average price of $165.01, for a total value of $4,227,556.20.
• On Tuesday, September 23rd, Olivier Pomel sold 11,195 shares of Datadog stock. The stock was sold at an average price of $137.94, for a total value of $1,544,238.30.
• On Monday, September 8th, Olivier Pomel sold 32,923 shares of Datadog stock. The shares were sold at an average price of $135.74, for a total transaction of $4,468,968.02.
• On Tuesday, September 2nd, Olivier Pomel sold 15,357 shares of Datadog stock. The shares were sold at an average price of $133.85, for a total transaction of $2,055,534.45.
• On Monday, August 11th, Olivier Pomel sold 32,923 shares of Datadog stock. The stock was sold at an average price of $130.38, for a total transaction of $4,292,500.74.

Datadog Stock Down 1.6%

Shares of DDOG traded down $2.53 on Wednesday, hitting $154.98. 5,196,360 shares of the stock traded hands, compared to its average volume of 5,449,550. Datadog, Inc. has a one year low of $81.63 and a one year high of $170.08. The company has a market capitalization of $54.05 billion, a PE ratio of 442.81, a P/E/G ratio of 63.41 and a beta of 1.20. The business has a 50 day simple moving average of $147.32 and a 200 day simple moving average of $133.36. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.43 and a current ratio of 3.43.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.05. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The company had revenue of $826.76 million for the quarter, compared to the consensus estimate of $791.72 million. During the same quarter in the prior year, the firm earned $0.43 earnings per share. The firm’s revenue for the quarter was up 28.1% compared to the same quarter last year. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. As a group, equities analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Datadog

Institutional investors have recently bought and sold shares of the business. V Square Quantitative Management LLC lifted its position in shares of Datadog by 13.8% in the second quarter. V Square Quantitative Management LLC now owns 601 shares of the company’s stock valued at $81,000 after acquiring an additional 73 shares in the last quarter. Westside Investment Management Inc. lifted its holdings in Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after purchasing an additional 75 shares in the last quarter. Nilsine Partners LLC boosted its stake in Datadog by 2.4% in the 3rd quarter. Nilsine Partners LLC now owns 3,396 shares of the company’s stock worth $484,000 after purchasing an additional 78 shares during the period. PDS Planning Inc grew its holdings in Datadog by 4.2% during the 3rd quarter. PDS Planning Inc now owns 1,975 shares of the company’s stock valued at $281,000 after buying an additional 80 shares in the last quarter. Finally, Ameritas Investment Partners Inc. raised its position in shares of Datadog by 0.8% during the second quarter. Ameritas Investment Partners Inc. now owns 10,466 shares of the company’s stock valued at $1,406,000 after buying an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. Cowen reiterated a “buy” rating on shares of Datadog in a research report on Friday, October 17th. BTIG Research upped their price target on shares of Datadog from $169.00 to $184.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Jefferies Financial Group increased their price objective on shares of Datadog from $160.00 to $190.00 and gave the stock a “buy” rating in a research note on Tuesday, October 14th. Rosenblatt Securities reaffirmed a “buy” rating and set a $170.00 target price on shares of Datadog in a report on Friday, October 31st. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $175.00 price target on shares of Datadog in a research report on Thursday, August 14th. Twenty-six analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Datadog presently has a consensus rating of “Moderate Buy” and an average target price of $166.10.

Datadog Company Profile

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.