Datadog (NASDAQ:DDOG) Director Julie Richardson Sells 5,625 Shares

Datadog, Inc. (NASDAQ:DDOG – Get Free Report) Director Julie Richardson sold 5,625 shares of the company’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $220.00, for a total transaction of $1,237,500.00. Following the completion of the transaction, the director owned 3,178 shares in the company, valued at approximately $699,160. This trade represents a 63.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Datadog Price Performance

Datadog stock opened at $210.23 on Wednesday. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $292.72. The stock has a market capitalization of $75.49 billion, a P/E ratio of 429.05, a P/E/G ratio of 20.85 and a beta of 1.49. The firm’s 50-day moving average is $247.93 and its two-hundred day moving average is $195.02. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20.

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Datadog (NASDAQ:DDOG – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The company’s revenue was up 35.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Equities analysts predict that Datadog, Inc. will post 0.7 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on DDOG shares. Wedbush assumed coverage on Datadog in a report on Monday, June 15th. They issued a “neutral” rating for the company. Arete Research raised their price objective on Datadog from $260.00 to $340.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Oppenheimer lifted their price objective on Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a research report on Monday, July 20th. Scotiabank upped their target price on Datadog from $275.00 to $285.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Finally, Morgan Stanley increased their target price on Datadog from $225.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $276.32.

Check Out Our Latest Analysis on Datadog

Hedge Funds Weigh In On Datadog

A number of large investors have recently bought and sold shares of DDOG. Brighton Jones LLC acquired a new position in shares of Datadog in the 4th quarter valued at $209,000. Bison Wealth LLC acquired a new stake in shares of Datadog during the 4th quarter worth $228,000. Empowered Funds LLC increased its holdings in shares of Datadog by 7.0% during the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after buying an additional 672 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Datadog by 17.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after buying an additional 115 shares during the period. Finally, Sivia Capital Partners LLC purchased a new position in shares of Datadog in the 2nd quarter worth $509,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

About Datadog

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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.

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