Datadog (NASDAQ:DDOG) CEO Olivier Pomel Sells 11,195 Shares

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 11,195 shares of the business’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $154.35, for a total transaction of $1,727,948.25. Following the completion of the transaction, the chief executive officer directly owned 533,358 shares of the company’s stock, valued at $82,323,807.30. This trade represents a 2.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Tuesday, October 7th, Olivier Pomel sold 32,923 shares of Datadog stock. The stock was 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 shares were 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 stock was 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 value of $4,468,968.02.
• On Tuesday, September 2nd, Olivier Pomel sold 15,357 shares of Datadog stock. The stock was sold at an average price of $133.85, for a total value 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.
• On Monday, July 28th, Olivier Pomel sold 11,195 shares of Datadog stock. The shares were sold at an average price of $150.82, for a total transaction of $1,688,429.90.

Datadog Stock Down 0.1%

Shares of DDOG stock opened at $156.47 on Friday. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $170.08. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.31. The firm has a fifty day moving average of $143.14 and a 200-day moving average of $129.33. The company has a market capitalization of $54.57 billion, a price-to-earnings ratio of 447.07, a P/E/G ratio of 61.27 and a beta of 1.21.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, August 7th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.05. The firm had revenue of $826.76 million during the quarter, compared to analysts’ expectations of $791.72 million. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The company’s revenue was up 28.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.43 EPS. 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 research analysts predict that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. TD Cowen boosted their target price on Datadog from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Mizuho lifted their price objective on shares of Datadog from $155.00 to $170.00 and gave the company an “outperform” rating in a report on Friday, October 17th. DA Davidson boosted their price objective on shares of Datadog from $170.00 to $180.00 and gave the stock a “buy” rating in a research report on Friday, October 3rd. BMO Capital Markets raised their target price on shares of Datadog from $150.00 to $154.00 and gave the company an “outperform” rating in a research report on Monday, September 29th. Finally, Cowen reiterated a “buy” rating on shares of Datadog in a research note on Friday, October 17th. Twenty-six analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $163.97.

Hedge Funds Weigh In On Datadog

A number of institutional investors have recently added to or reduced their stakes in DDOG. Goldman Sachs Group Inc. grew its position in shares of Datadog by 259.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company’s stock valued at $858,994,000 after acquiring an additional 6,250,942 shares during the period. Norges Bank acquired a new stake in Datadog in the 2nd quarter valued at about $347,728,000. Brown Advisory Inc. lifted its stake in Datadog by 76.5% in the 1st quarter. Brown Advisory Inc. now owns 4,853,012 shares of the company’s stock valued at $481,467,000 after purchasing an additional 2,103,838 shares during the last quarter. Dragoneer Investment Group LLC grew its holdings in Datadog by 729.5% during the second quarter. Dragoneer Investment Group LLC now owns 2,254,563 shares of the company’s stock worth $302,855,000 after purchasing an additional 1,982,763 shares during the period. Finally, Baillie Gifford & Co. increased its position in Datadog by 12.6% during the first quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company’s stock worth $1,217,769,000 after buying an additional 1,369,522 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

About Datadog

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.