Datadog, Inc. (NASDAQ:DDOG – Get Free Report) General Counsel Kerry Acocella sold 7,252 shares of Datadog stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $267.15, for a total transaction of $1,937,371.80. Following the sale, the general counsel directly owned 133,237 shares of the company’s stock, valued at $35,594,264.55. This trade represents a 5.16% 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 sale was made to cover tax withholding obligations related to the vesting of equity awards.
Kerry Acocella also recently made the following trade(s):
- On Tuesday, May 5th, Kerry Acocella sold 13,857 shares of Datadog stock. The shares were sold at an average price of $150.00, for a total transaction of $2,078,550.00.
Datadog Trading Down 3.9%
Shares of NASDAQ:DDOG opened at $234.11 on Friday. The firm has a fifty day moving average of $167.10 and a two-hundred day moving average of $145.28. The firm has a market capitalization of $83.33 billion, a P/E ratio of 616.10, a price-to-earnings-growth ratio of 26.08 and a beta of 1.56. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $278.70. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25.
Analyst Ratings Changes
A number of brokerages have issued reports on DDOG. Piper Sandler lifted their target price on shares of Datadog from $195.00 to $230.00 in a research note on Thursday, May 7th. Benchmark reaffirmed a “buy” rating on shares of Datadog in a research note on Thursday, May 7th. Wedbush lifted their price objective on shares of Datadog from $190.00 to $220.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. KeyCorp lifted their price objective on shares of Datadog from $155.00 to $225.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Finally, Barclays lifted their price objective on shares of Datadog from $148.00 to $215.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Datadog presently has a consensus rating of “Moderate Buy” and a consensus price target of $219.69.
View Our Latest Report on DDOG
Key Datadog News
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Datadog’s recent earnings and outlook remain solid, with Q1 revenue rising 32.1% year over year, EPS beating estimates, and management guiding for continued growth. Analyst coverage is still broadly constructive, and several firms have recently raised price targets. Datadog latest report
- Positive Sentiment: Recent commentary has framed Datadog as a beneficiary of renewed interest in AI-related software, which may be helping support longer-term investor sentiment. Software sector rebound report
- Neutral Sentiment: Datadog also presented at the Bank of America 2026 Global Technology Conference, but the headline does not indicate a major new catalyst. Bank of America conference transcript
- Negative Sentiment: Multiple Datadog insiders sold shares in recent filings, including CTO Alexis Le-Quoc, CEO Olivier Pomel, COO Adam Blitzer, CFO David M. Obstler, CRO Sean Michael Walters, and General Counsel Kerry Acocella. Most sales were tied to 10b5-1 plans or tax withholding on equity vesting, but the broad cluster of insider selling can still weigh on sentiment. SEC insider filing
- Negative Sentiment: A separate report said insiders sold about $90 million of Datadog shares over the past year, reinforcing concerns that management may see limited near-term upside after the stock’s strong run. Datadog insiders sold US$90m of shares suggesting hesitancy
Institutional Investors Weigh In On Datadog
Several institutional investors and hedge funds have recently modified their holdings of the business. Rothschild Investment LLC lifted its position in Datadog by 126.6% during the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after acquiring an additional 100 shares during the last quarter. Physician Wealth Advisors Inc. lifted its position in Datadog by 315.2% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after acquiring an additional 145 shares during the last quarter. Westside Investment Management Inc. lifted its position in Datadog by 74.3% during the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after acquiring an additional 75 shares during the last quarter. JPL Wealth Management LLC acquired a new position in Datadog during the 3rd quarter worth $27,000. Finally, CoreCap Advisors LLC lifted its position in Datadog by 1,461.5% during the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after acquiring an additional 190 shares during the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.
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.
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