Datadog (NASDAQ:DDOG) General Counsel Kerry Acocella Sells 5,280 Shares of Stock

Datadog, Inc. (NASDAQ:DDOG) General Counsel Kerry Acocella sold 5,280 shares of the firm’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $228.85, for a total transaction of $1,208,328.00. Following the transaction, the general counsel owned 115,243 shares of the company’s stock, valued at approximately $26,373,360.55. This represents a 4.38% decrease in their position. The sale was disclosed in a document filed 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.

Kerry Acocella also recently made the following trade(s):

• On Wednesday, September 2nd, Kerry Acocella sold 7,343 shares of Datadog stock. The shares were sold at an average price of $212.90, for a total value of $1,563,324.70.

Datadog Trading Up 0.2%

Shares of DDOG opened at $230.79 on Thursday. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $292.72. 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 stock has a 50 day simple moving average of $243.95 and a 200-day simple moving average of $199.87. The stock has a market cap of $82.87 billion, a PE ratio of 471.01, a PEG ratio of 22.47 and a beta of 1.49.

Datadog (NASDAQ:DDOG) last posted its earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.58 by $0.07. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.Datadog’s revenue was up 35.6% on a year-over-year basis. During the same quarter last year, the company earned $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. On average, sell-side analysts predict that Datadog, Inc. will post 0.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

DDOG has been the topic of several recent analyst reports. Wolfe Research restated an “outperform” rating and issued a $295.00 target price on shares of Datadog in a research note on Thursday, June 11th. New Street Research set a $260.00 target price on shares of Datadog in a research report on Thursday, June 11th. Rosenblatt Securities lifted their price target on shares of Datadog from $220.00 to $305.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Citizens Jmp boosted their price target on shares of Datadog from $225.00 to $311.00 and gave the company a “market outperform” rating in a research report on Monday, July 20th. Finally, Truist Financial raised shares of Datadog from a “hold” rating to a “buy” rating and upped their price objective for the stock from $190.00 to $300.00 in a research note on Monday, June 15th. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Datadog has an average rating of “Moderate Buy” and a consensus price target of $276.66.

More Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog’s recurring-revenue software model and expected long-term cash generation could make the stock attractive despite its substantial three-year gains. The bullish case rests on continued expansion in observability, security and cloud-management products. Datadog (DDOG) Stock Could Be A Bargain On Cash Flow
• Positive Sentiment: Analyst sentiment remains broadly favorable. Datadog has a consensus “Moderate Buy” rating, with an average price target of approximately $276.66, well above the recent trading range. Recent targets include $300 from Robert W. Baird, $285 from Scotiabank and $340 from Arete Research. Analysts’ Opinions Are Mixed on These Technology Stocks
• Neutral Sentiment: Recent commentary highlights a debate over whether analyst optimism sufficiently justifies Datadog’s premium valuation relative to other observability and security companies. The stock trades at a very high earnings multiple, making future growth and cash-flow execution especially important. Is Analyst Optimism Enough To Justify Datadog’s Premium Valuation?
• Neutral Sentiment: Institutional ownership is substantial at about 78.3%, and several investment managers increased or initiated positions during the second quarter. That suggests continued institutional interest, though it does not guarantee near-term buying pressure.
• Negative Sentiment: Several executives reported stock sales, including the CFO’s sale of 64,000 shares, the general counsel’s sale of 5,280 shares and the CRO’s sale of 11,710 shares. The transactions were made under pre-arranged Rule 10b5-1 plans, reducing their value as a direct bearish signal, but the concentration of selling may weigh on sentiment.

Institutional Trading of Datadog

Hedge funds have recently modified their holdings of the stock. Cornerstone Financial Management LLC raised its position in Datadog by 54.9% during the second quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock valued at $33,000 after purchasing an additional 45 shares in the last quarter. State of Wyoming boosted its holdings in shares of Datadog by 4.1% in the 1st quarter. State of Wyoming now owns 1,946 shares of the company’s stock worth $230,000 after purchasing an additional 76 shares in the last quarter. Rothschild Investment LLC boosted its holdings in shares of Datadog by 52.5% in the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after purchasing an additional 94 shares in the last quarter. Ancora Advisors LLC increased its position in shares of Datadog by 44.1% during the 2nd quarter. Ancora Advisors LLC now owns 307 shares of the company’s stock valued at $80,000 after purchasing an additional 94 shares during the last quarter. Finally, AXS Investments LLC increased its position in shares of Datadog by 2.1% during the 4th quarter. AXS Investments LLC now owns 4,795 shares of the company’s stock valued at $652,000 after purchasing an additional 100 shares during the last quarter. 78.29% of the stock is owned by institutional investors.

Datadog Company Profile

Datadog, Inc (NASDAQ:DDOG) is a cloud-based software company that provides monitoring, observability, security and analytics tools for modern applications and information technology environments. Its platform helps organizations collect, correlate and analyze data from servers, databases, applications, containers, networks and cloud services in a unified environment.

The company’s products include infrastructure monitoring, application performance monitoring, log management, real user and synthetic monitoring, database monitoring, cloud security, software delivery tools, incident management and cloud cost management.