Datadog (NASDAQ:DDOG) Director Amit Agarwal Sells 20,000 Shares

Datadog, Inc. (NASDAQ:DDOG) Director Amit Agarwal sold 20,000 shares of Datadog stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $220.12, for a total transaction of $4,402,400.00. Following the sale, the director directly owned 1,640 shares in the company, valued at approximately $360,996.80. The trade was a 92.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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 18th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were 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 stock was 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 stock was 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 stock was sold at an average price of $131.47, for a total transaction of $2,629,400.00.
• On Wednesday, April 15th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $120.00, for a total transaction of $2,400,000.00.
• On Monday, April 20th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $125.98, for a total transaction of $2,519,600.00.
• On Wednesday, April 8th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $122.28, for a total transaction of $2,445,600.00.
• On Wednesday, April 1st, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $120.53, for a total transaction of $2,410,600.00.

Datadog Trading Up 3.7%

Datadog stock traded up $8.89 during trading on Monday, hitting $248.66. The company had a trading volume of 5,278,115 shares, compared to its average volume of 5,874,482. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $278.70. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. The company’s 50 day simple moving average is $200.60 and its 200-day simple moving average is $152.21. The stock has a market cap of $88.51 billion, a price-to-earnings ratio of 654.39, a price-to-earnings-growth ratio of 24.38 and a beta of 1.56.

Datadog (NASDAQ:DDOG) last announced its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same quarter in the previous year, the company earned $0.46 earnings per share. The firm’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. As a group, analysts expect that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Institutional Investors Weigh In On Datadog

Hedge funds have recently bought and sold shares of the stock. Wealth High Governance Capital Ltda purchased a new position in shares of Datadog in the 1st quarter valued at about $4,085,000. Wealth High Governance Asset Management Ltda. purchased a new position in Datadog in the first quarter worth approximately $3,470,000. Parallel Advisors LLC grew its holdings in Datadog by 12.5% during the 1st quarter. Parallel Advisors LLC now owns 9,730 shares of the company’s stock worth $1,149,000 after acquiring an additional 1,082 shares in the last quarter. Glenmede Trust Co. NA grew its holdings in Datadog by 15.6% during the 1st quarter. Glenmede Trust Co. NA now owns 8,346 shares of the company’s stock worth $985,000 after acquiring an additional 1,126 shares in the last quarter. Finally, Groupe la Francaise increased its position in shares of Datadog by 20.4% in the 1st quarter. Groupe la Francaise now owns 93,982 shares of the company’s stock valued at $11,063,000 after purchasing an additional 15,907 shares during the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Rothschild & Co Redburn started coverage on Datadog in a research note on Thursday, April 23rd. They set a “buy” rating and a $170.00 target price on the stock. Wolfe Research reissued an “outperform” rating and set a $295.00 price target on shares of Datadog in a research report on Thursday, June 11th. Canaccord Genuity Group raised their price objective on shares of Datadog from $225.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Piper Sandler restated an “overweight” rating and issued a $275.00 price objective (up from $230.00) on shares of Datadog in a report on Wednesday, June 10th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $250.00 target price on shares of Datadog in a research note on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Datadog has a consensus rating of “Moderate Buy” and a consensus target price of $242.09.

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.