Datadog, Inc. (NASDAQ:DDOG – Get Free Report) Director Julie Richardson sold 2,433 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $188.50, for a total value of $458,620.50. Following the sale, the director directly owned 4,036 shares of the company’s stock, valued at $760,786. This represents a 37.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Julie Richardson also recently made the following trade(s):
- On Friday, May 8th, Julie Richardson sold 1,930 shares of Datadog stock. The stock was sold at an average price of $185.82, for a total value of $358,632.60.
- On Tuesday, May 5th, Julie Richardson sold 502 shares of Datadog stock. The stock was sold at an average price of $150.00, for a total value of $75,300.00.
Datadog Stock Performance
NASDAQ DDOG opened at $205.31 on Thursday. The firm has a market cap of $72.39 billion, a price-to-earnings ratio of 540.30, a price-to-earnings-growth ratio of 69.16 and a beta of 1.30. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The business has a 50-day moving average price of $131.57 and a 200-day moving average price of $138.28. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $205.44.
Analyst Ratings Changes
DDOG has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Datadog in a research note on Monday, April 20th. CICC Research boosted their target price on Datadog from $150.00 to $204.00 in a research report on Monday. Wedbush boosted their target price on Datadog from $190.00 to $220.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Citizens Jmp upgraded Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 target price on the stock in a research report on Thursday, May 7th. Finally, Daiwa Securities Group boosted their target price on Datadog from $190.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $213.38.
View Our Latest Analysis on Datadog
Institutional Investors Weigh In On Datadog
Large investors have recently added to or reduced their stakes in the stock. PKO Investment Management Joint Stock Co purchased a new position in Datadog during the 3rd quarter worth $1,709,000. Hartford Investment Management Co. purchased a new position in Datadog during the 3rd quarter worth $2,689,000. IQ EQ FUND MANAGEMENT IRELAND Ltd increased its holdings in Datadog by 134.5% during the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 31,142 shares of the company’s stock worth $4,435,000 after purchasing an additional 17,860 shares during the period. Vanguard Group Inc. increased its holdings in Datadog by 30.3% during the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after purchasing an additional 9,748,738 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in Datadog by 37.9% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 109,233 shares of the company’s stock worth $15,555,000 after purchasing an additional 30,008 shares during the period. 78.29% of the stock is owned by institutional investors.
Datadog News Roundup
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Datadog’s latest earnings report beat expectations on both revenue and profit, while management’s raised outlook signaled continued momentum in demand. DDOG Q1 Deep Dive: AI Adoption and Product Expansion Drive Strong Growth
- Positive Sentiment: Several analysts turned more constructive after earnings, including Daiwa Securities raising its price target to $240 and other firms reiterating buy-equivalent views, which supports the stock’s valuation. MarketScreener
- Positive Sentiment: Recent commentary has framed Datadog as an AI winner rather than a SaaS laggard, helping sentiment and trading interest in DDOG. Barchart
- Neutral Sentiment: Datadog also announced upcoming investor conference presentations, which may keep the stock in focus but does not change fundamentals by itself. Datadog to Present at Upcoming Investor Conference
- Negative Sentiment: Multiple insiders, including the CEO and directors, sold shares recently under 10b5-1 plans. While routine, the cluster of sales could temper some investor enthusiasm. SEC filing
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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