Datadog (NASDAQ:DDOG) Director Sells 39,912 Shares of Stock

Datadog, Inc. (NASDAQ:DDOG) Director Matthew Jacobson sold 39,912 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $250.55, for a total value of $9,999,951.60. Following the completion of the transaction, the director owned 544,220 shares of the company’s stock, valued at $136,354,321. This trade represents a 6.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Matthew Jacobson also recently made the following trade(s):

• On Friday, August 14th, Matthew Jacobson sold 19,512 shares of Datadog stock. The stock was sold at an average price of $256.25, for a total value of $4,999,950.00.

Datadog Trading Down 3.2%

DDOG stock traded down $8.14 during mid-day trading on Monday, reaching $247.32. 3,722,897 shares of the stock traded hands, compared to its average volume of 5,657,097. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $292.72. The company has a market cap of $88.81 billion, a P/E ratio of 504.74, a P/E/G ratio of 26.87 and a beta of 1.54. The stock’s fifty day moving average is $248.92 and its 200-day moving average is $182.61.

Datadog (NASDAQ:DDOG) last announced its earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.58 by $0.07. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The business’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same period last year, the company posted $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. As a group, sell-side analysts expect that Datadog, Inc. will post 0.65 earnings per share for the current year.

Wall Street Analyst Weigh In

DDOG has been the topic of several research analyst reports. CICC Research lifted their price objective on shares of Datadog from $150.00 to $204.00 in a research report on Monday, May 11th. Needham & Company LLC raised their target price on Datadog from $260.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Sanford C. Bernstein downgraded Datadog from an “outperform” rating to a “market perform” rating and lifted their price target for the company from $180.00 to $226.00 in a report on Monday, July 6th. Guggenheim lifted their price target on Datadog from $225.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Finally, Bank of America upped their price target on Datadog from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $276.32.

Institutional Investors Weigh In On Datadog

Large investors have recently made changes to their positions in the company. Advent International L.P. bought a new position in Datadog during the second quarter valued at about $495,000. Ancora Advisors LLC bought a new position in shares of Datadog in the 2nd quarter valued at approximately $80,000. Meiji Yasuda Asset Management Co Ltd. acquired a new stake in Datadog in the 2nd quarter worth approximately $5,818,000. Kirtland Hills Capital Management LLC bought a new stake in Datadog during the second quarter worth approximately $554,000. Finally, Ninepoint Partners LP bought a new stake in Datadog during the second quarter worth approximately $2,334,000. Institutional investors 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.