Datadog (NASDAQ:DDOG) Director Amit Agarwal Sells 20,000 Shares

Datadog, Inc. (NASDAQ:DDOG) Director Amit Agarwal sold 20,000 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $249.32, for a total value of $4,986,400.00. Following the completion of the sale, the director owned 1,640 shares of the company’s stock, valued at approximately $408,884.80. This trade represents a 92.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible 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, August 6th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $234.85, for a total transaction of $4,697,000.00.
• On Thursday, July 30th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $266.82, for a total transaction of $5,336,400.00.
• On Thursday, July 23rd, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were 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 shares were 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 transaction 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 transaction of $4,402,400.00.
• On Thursday, June 18th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $220.92, for a total value 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 value of $4,631,200.00.

Datadog Stock Down 3.2%

Datadog stock traded down $8.14 on Monday, hitting $247.32. 3,722,897 shares of the stock traded hands, compared to its average volume of 5,657,097. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. The firm has a market cap of $88.81 billion, a P/E ratio of 504.74, a price-to-earnings-growth ratio of 26.87 and a beta of 1.54. The business’s fifty day simple moving average is $248.92 and its 200 day simple moving average is $182.61. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $292.72.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. Datadog’s revenue was up 35.6% on a year-over-year basis. During the same period last 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, sell-side analysts forecast that Datadog, Inc. will post 0.65 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. State Street Corp increased its stake in Datadog by 106.8% in the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after buying an additional 7,091,075 shares in the last quarter. Norges Bank purchased a new position in shares of Datadog in the fourth quarter valued at about $469,461,000. Jennison Associates LLC lifted its position in shares of Datadog by 43.7% in the fourth quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock valued at $1,036,787,000 after acquiring an additional 2,316,994 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Datadog by 119.2% in the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock worth $580,383,000 after acquiring an additional 2,216,402 shares during the period. Finally, Employees Provident Fund Board bought a new position in shares of Datadog in the fourth quarter worth about $251,582,000. 78.29% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on DDOG shares. Barclays raised their price target on shares of Datadog from $260.00 to $290.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Cantor Fitzgerald increased their price objective on shares of Datadog from $226.00 to $327.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. Zacks Research upgraded shares of Datadog from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. The Goldman Sachs Group restated a “sell” rating and issued a $158.00 price target on shares of Datadog in a research note on Friday, August 7th. Finally, Bank of America upped their price objective on Datadog from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $276.32.

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.