Datadog, Inc. (NASDAQ:DDOG – Get Free Report) Director Amit Agarwal sold 20,000 shares of the stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $261.22, for a total transaction of $5,224,400.00. Following the transaction, the director owned 1,640 shares in the company, valued at approximately $428,400.80. This represents a 92.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amit Agarwal also recently made the following trade(s):
- On Thursday, June 25th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $220.12, for a total transaction of $4,402,400.00.
- On Thursday, June 18th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $220.92, for a total value of $4,418,400.00.
- On Friday, June 12th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $231.56, for a total value of $4,631,200.00.
- On Monday, May 11th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $200.13, for a total value of $4,002,600.00.
- On Monday, April 27th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $131.47, for a total value of $2,629,400.00.
- On Wednesday, April 15th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $120.00, for a total value of $2,400,000.00.
- On Monday, April 20th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $125.98, for a total value of $2,519,600.00.
- On Wednesday, April 8th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $122.28, for a total value of $2,445,600.00.
Datadog Price Performance
DDOG opened at $256.81 on Wednesday. The business’s 50-day moving average is $218.76 and its two-hundred day moving average is $157.76. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $278.70. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The firm has a market capitalization of $91.41 billion, a PE ratio of 675.83, a price-to-earnings-growth ratio of 25.97 and a beta of 1.54.
Key Stories Impacting Datadog
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Benchmark raised its price target on Datadog to a Street-high $330 from $260 and kept a Buy rating, citing strong execution and customer momentum in its product-led growth business. Benchmark Lifts PT on Datadog (DDOG), Remains Bullish
- Positive Sentiment: Datadog’s acquisition of Adaptive ML supports its AI research push and could strengthen its long-term observability and agentic AI capabilities. Datadog (DDOG): The Best High Growth Cybersecurity Stock to Buy Now
- Positive Sentiment: Multiple articles continue to frame Datadog as a momentum stock, reinforcing investor interest in the name. Datadog (DDOG) is a Great Momentum Stock: Should You Buy?
- Neutral Sentiment: Director Michael James Callahan sold 12,500 shares in a pre-arranged Rule 10b5-1 transaction; the filing may pressure sentiment, but it does not necessarily indicate a negative change in fundamentals. SEC filing
- Neutral Sentiment: Another Datadog director sale was disclosed, adding to the recent insider-selling chatter, though it was also executed under a 10b5-1 plan. SEC filing
- Negative Sentiment: Bernstein downgraded Datadog to Market Perform, warning that growth could slow and that Q4 revenue growth may come in below investor expectations. This Analyst Just Downgraded Datadog Stock. Here’s Why.
- Negative Sentiment: Bernstein also said Datadog’s AI growth story faces a potential “Q4 problem,” which has raised concerns that the stock’s valuation may already reflect a lot of optimism. Datadog in spotlight as Bernstein downgrades, citing upcoming ‘caution’
Analysts Set New Price Targets
DDOG has been the subject of several recent analyst reports. Bank of America raised their target price on shares of Datadog from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, June 8th. The Goldman Sachs Group upped their price target on Datadog from $121.00 to $139.00 and gave the stock a “sell” rating in a research report on Tuesday, May 12th. Guggenheim increased their price objective on Datadog from $175.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Wall Street Zen raised Datadog from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, KeyCorp upgraded Datadog from an “overweight” rating to an “overweight” rating in a research note on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $244.73.
Get Our Latest Research Report on DDOG
Institutional Investors Weigh In On Datadog
Institutional investors and hedge funds have recently made changes to their positions in the stock. 55 North Private Wealth LLC acquired a new position in shares of Datadog in the 2nd quarter valued at $256,000. Chapin Davis Inc. acquired a new stake in Datadog during the 2nd quarter worth about $15,131,000. GAMMA Investing LLC lifted its position in Datadog by 27.8% during the 2nd quarter. GAMMA Investing LLC now owns 8,794 shares of the company’s stock worth $2,290,000 after acquiring an additional 1,911 shares during the period. Hobart Private Capital LLC grew its stake in Datadog by 11.0% during the 2nd quarter. Hobart Private Capital LLC now owns 8,369 shares of the company’s stock valued at $2,179,000 after purchasing an additional 827 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its stake in Datadog by 15.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,204 shares of the company’s stock valued at $313,000 after purchasing an additional 159 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.
About Datadog
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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