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 Monday, March 16th. The shares were sold at an average price of $126.73, for a total value of $2,534,600.00. Following the sale, the director owned 1,640 shares of the company’s stock, valued at approximately $207,837.20. This represents a 92.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, March 9th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $124.81, for a total transaction of $2,496,200.00.

Datadog Stock Up 1.9%

DDOG stock traded up $2.39 during midday trading on Wednesday, reaching $131.26. 3,451,727 shares of the company’s stock traded hands, compared to its average volume of 6,069,785. The company has a quick ratio of 3.38, a current ratio of 3.38 and a debt-to-equity ratio of 0.26. The firm’s fifty day moving average price is $122.76 and its 200-day moving average price is $141.63. Datadog, Inc. has a 52 week low of $81.63 and a 52 week high of $201.69. The company has a market cap of $46.28 billion, a price-to-earnings ratio of 423.42, a P/E/G ratio of 34.79 and a beta of 1.31.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The firm had revenue of $953.19 million during the quarter, compared to analysts’ expectations of $916.53 million. During the same period last year, the company earned $0.49 earnings per share. The business’s revenue was up 29.2% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. As a group, sell-side analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Datadog

A number of hedge funds and other institutional investors have recently made changes to their positions in DDOG. Rothschild Investment LLC grew its position in Datadog by 126.6% during the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after buying an additional 100 shares during the period. Physician Wealth Advisors Inc. boosted its stake in Datadog by 315.2% in the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after acquiring an additional 145 shares during the last quarter. Westside Investment Management Inc. boosted its stake in Datadog by 74.3% in the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after acquiring an additional 75 shares during the last quarter. JPL Wealth Management LLC bought a new position in shares of Datadog during the 3rd quarter valued at approximately $27,000. Finally, Tripletail Wealth Management LLC purchased a new stake in shares of Datadog during the 3rd quarter worth approximately $28,000. 78.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DDOG has been the subject of several recent research reports. Daiwa Securities Group started coverage on Datadog in a report on Tuesday, January 27th. They set a “buy” rating and a $190.00 price target for the company. Citizens Jmp reaffirmed a “market perform” rating on shares of Datadog in a report on Wednesday, February 11th. Piper Sandler reduced their target price on shares of Datadog from $225.00 to $195.00 and set an “overweight” rating for the company in a research note on Monday, January 5th. BNP Paribas Exane lowered their target price on shares of Datadog from $210.00 to $175.00 and set an “outperform” rating for the company in a report on Thursday, January 15th. Finally, Wolfe Research dropped their price target on shares of Datadog from $185.00 to $160.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 10th. Thirty-six analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $179.62.

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.