Datadog (NASDAQ:DDOG) CFO David Obstler Sells 16,323 Shares

Datadog, Inc. (NASDAQ:DDOG) CFO David Obstler sold 16,323 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $267.15, for a total transaction of $4,360,689.45. Following the completion of the sale, the chief financial officer directly owned 509,591 shares in the company, valued at approximately $136,137,235.65. This represents a 3.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Datadog Price Performance

NASDAQ:DDOG traded down $6.73 during mid-day trading on Thursday, hitting $243.60. 6,970,327 shares of the company’s stock traded hands, compared to its average volume of 5,998,771. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $278.70. The firm’s 50 day simple moving average is $162.46 and its 200 day simple moving average is $144.24. The company has a market cap of $86.71 billion, a PE ratio of 641.07, a price-to-earnings-growth ratio of 28.82 and a beta of 1.56. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same quarter last year, the firm posted $0.46 earnings per share. The company’s quarterly revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Sell-side analysts expect that Datadog, Inc. will post 0.61 EPS for the current year.

Institutional Investors Weigh In On Datadog

Several hedge funds have recently made changes to their positions in DDOG. Brighton Jones LLC purchased a new position in shares of Datadog in the fourth quarter worth about $209,000. Bison Wealth LLC bought a new position in shares of Datadog in the 4th quarter worth approximately $228,000. Empowered Funds LLC raised its position in shares of Datadog by 7.0% during the first quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock valued at $1,023,000 after buying an additional 672 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Datadog by 17.6% in the first 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 last quarter. Finally, Sivia Capital Partners LLC purchased a new position in shares of Datadog during the second quarter valued at $509,000. Institutional investors own 78.29% of the company’s stock.

Wall Street Analyst Weigh In

DDOG has been the topic of several research analyst reports. Sanford C. Bernstein upped their price objective on shares of Datadog from $167.00 to $180.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Truist Financial lifted their target price on Datadog from $120.00 to $190.00 and gave the stock a “hold” rating in a report on Thursday, May 7th. Stifel Nicolaus set a $305.00 price target on Datadog in a research note on Thursday, May 7th. BMO Capital Markets boosted their price objective on Datadog from $165.00 to $220.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, Rothschild & Co Redburn assumed coverage on Datadog in a report on Thursday, April 23rd. They issued a “buy” rating and a $170.00 price objective on the stock. 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Datadog presently has a consensus rating of “Moderate Buy” and an average price target of $219.69.

More Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog was highlighted as one of the most upgraded software stocks last month, reinforcing Wall Street optimism around its growth outlook and the broader rebound in software names tied to AI adoption. 3 Most Upgraded Stocks Last Month According to MarketBeat (DDOG)
• Positive Sentiment: Recent commentary said software stocks are rebounding as investors view AI as a growth catalyst, which supports Datadog’s positioning in AI workload monitoring and observability. DDOG, ORCL, MSFT emerge as top software stock picks as the sector rebounds: report
• Positive Sentiment: A Seeking Alpha piece argued Datadog is becoming “too important to ignore,” citing Q1 2026 revenue of $761.6 million, 25% year-over-year growth, and expanding customer adoption across multiple product lines. Datadog Is Becoming Too Important To Ignore
• Neutral Sentiment: Management presented at the Bank of America 2026 Global Technology Conference, but no major new catalyst was identified in the headline provided. Datadog, Inc. (DDOG) Presents at Bank of America 2026 Global Technology Conference Transcript
• Neutral Sentiment: Datadog attracted heavy investor search interest on Zacks, but the item did not add a specific new business or financial update. Investors Heavily Search Datadog, Inc. (DDOG): Here is What You Need to Know
• Negative Sentiment: CTO Alexis Le-Quoc sold 53,912 shares and then another 21,506 shares in separate transactions, which can weigh on sentiment even though both sales were made under a pre-arranged 10b5-1 plan and for tax withholding tied to equity vesting. SEC insider filing

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.