Datadog (NASDAQ:DDOG) CEO Olivier Pomel Sells 47,054 Shares of Stock

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 47,054 shares of Datadog stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $235.49, for a total value of $11,080,746.46. Following the sale, the chief executive officer owned 612,747 shares of the company’s stock, valued at approximately $144,295,791.03. This represents a 7.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Olivier Pomel also recently made the following trade(s):

• On Wednesday, August 5th, Olivier Pomel sold 127,141 shares of Datadog stock. The shares were sold at an average price of $286.71, for a total transaction of $36,452,596.11.
• On Thursday, July 23rd, Olivier Pomel sold 47,054 shares of Datadog stock. The shares were sold at an average price of $244.79, for a total transaction of $11,518,348.66.
• On Tuesday, June 16th, Olivier Pomel sold 84,698 shares of Datadog stock. The stock was sold at an average price of $232.30, for a total transaction of $19,675,345.40.
• On Monday, June 8th, Olivier Pomel sold 127,141 shares of Datadog stock. The stock was sold at an average price of $231.69, for a total transaction of $29,457,298.29.
• On Tuesday, June 2nd, Olivier Pomel sold 26,012 shares of Datadog stock. The shares were sold at an average price of $267.15, for a total transaction of $6,949,105.80.
• On Tuesday, May 26th, Olivier Pomel sold 84,698 shares of Datadog stock. The shares were sold at an average price of $223.58, for a total transaction of $18,936,778.84.

Datadog Trading Up 1.3%

NASDAQ DDOG traded up $3.07 during mid-day trading on Friday, reaching $235.62. 2,725,033 shares of the stock were exchanged, compared to its average volume of 5,604,124. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $292.72. The business’s fifty day simple moving average is $249.69 and its 200 day simple moving average is $185.59. The stock has a market capitalization of $84.61 billion, a PE ratio of 480.87, a PEG ratio of 22.92 and a beta of 1.54. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the previous year, the firm posted $0.46 EPS. Datadog’s revenue was up 35.6% on a year-over-year basis. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. On average, research analysts anticipate that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. TD Cowen lifted their price target on shares of Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Rothschild & Co Redburn started coverage on shares of Datadog in a research note on Thursday, April 23rd. They issued a “buy” rating and a $170.00 target price on the stock. Robert W. Baird set a $300.00 price objective on Datadog in a research report on Friday, August 7th. Arete Research boosted their price objective on Datadog from $260.00 to $340.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $275.00 target price (up from $230.00) on shares of Datadog in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $276.32.

Hedge Funds Weigh In On Datadog

A number of hedge funds and other institutional investors have recently bought and sold shares of DDOG. Brighton Jones LLC bought a new stake in shares of Datadog during the fourth quarter valued at about $209,000. Bison Wealth LLC bought a new stake in shares of Datadog during the 4th quarter worth about $228,000. Empowered Funds LLC lifted its stake in shares of Datadog by 7.0% in the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after acquiring an additional 672 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Datadog by 17.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after acquiring an additional 115 shares during the period. Finally, Sivia Capital Partners LLC bought a new position in shares of Datadog in the second quarter valued at approximately $509,000. 78.29% of the stock is currently owned by institutional investors and hedge funds.

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.