Insider Selling: Datadog (NASDAQ:DDOG) CTO Sells $6,259,179.92 in Stock

Datadog, Inc. (NASDAQ:DDOG) CTO Alexis Le-Quoc sold 41,468 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $150.94, for a total value of $6,259,179.92. Following the completion of the sale, the chief technology officer owned 438,885 shares of the company’s stock, valued at approximately $66,245,301.90. The trade was a 8.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Alexis Le-Quoc also recently made the following trade(s):

• On Tuesday, September 2nd, Alexis Le-Quoc sold 55,352 shares of Datadog stock. The stock was sold at an average price of $133.83, for a total value of $7,407,758.16.
• On Tuesday, August 5th, Alexis Le-Quoc sold 41,468 shares of Datadog stock. The shares were sold at an average price of $134.47, for a total transaction of $5,576,201.96.
• On Monday, July 14th, Alexis Le-Quoc sold 41,468 shares of Datadog stock. The stock was sold at an average price of $139.27, for a total transaction of $5,775,248.36.
• On Monday, July 14th, Alexis Le-Quoc sold 41,468 shares of Datadog stock. The shares were sold at an average price of $139.27, for a total transaction of $5,775,248.36.

Datadog Price Performance

NASDAQ:DDOG opened at $151.82 on Monday. Datadog, Inc. has a 52 week low of $81.63 and a 52 week high of $170.08. The stock’s fifty day moving average is $136.59 and its two-hundred day moving average is $123.66. The company has a market capitalization of $52.95 billion, a P/E ratio of 433.78, a P/E/G ratio of 59.40 and a beta of 1.21. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.31.

Datadog (NASDAQ:DDOG) last posted its earnings results on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.05. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The firm had revenue of $826.76 million during the quarter, compared to the consensus estimate of $791.72 million. During the same quarter last year, the firm earned $0.43 EPS. The firm’s revenue for the quarter was up 28.1% on a year-over-year basis. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. Equities analysts expect that Datadog, Inc. will post 0.34 EPS for the current year.

Institutional Trading of Datadog

Several institutional investors and hedge funds have recently bought and sold shares of the business. OVERSEA CHINESE BANKING Corp Ltd grew its position in Datadog by 887.0% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company’s stock worth $25,000 after purchasing an additional 22,646 shares during the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of Datadog by 96.9% during the first quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock worth $30,000 after buying an additional 154 shares during the last quarter. Costello Asset Management INC acquired a new position in Datadog in the 1st quarter valued at about $30,000. Opal Wealth Advisors LLC purchased a new stake in Datadog during the 1st quarter valued at approximately $37,000. Finally, Center for Financial Planning Inc. lifted its position in Datadog by 1,189.7% during the 1st quarter. Center for Financial Planning Inc. now owns 374 shares of the company’s stock worth $37,000 after acquiring an additional 345 shares during the period. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on DDOG shares. Stifel Nicolaus lifted their price objective on shares of Datadog from $120.00 to $135.00 and gave the company a “hold” rating in a report on Thursday, June 26th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Datadog in a research report on Friday, August 8th. Wedbush reiterated an “outperform” rating and issued a $140.00 target price on shares of Datadog in a report on Wednesday, June 11th. Needham & Company LLC reissued a “buy” rating and set a $175.00 target price on shares of Datadog in a research note on Thursday, August 14th. Finally, Barclays set a $170.00 price target on Datadog and gave the company an “overweight” rating in a research report on Thursday, August 7th. Twenty-five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Datadog has an average rating of “Moderate Buy” and an average target price of $156.69.

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.