Julie Richardson Sells 5,625 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) Director Julie Richardson sold 5,625 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $220.00, for a total value of $1,237,500.00. Following the transaction, the director owned 3,178 shares of the company’s stock, valued at $699,160. This represents a 63.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Datadog Stock Performance

NASDAQ:DDOG opened at $225.27 on Thursday. The company has a market cap of $80.89 billion, a price-to-earnings ratio of 459.74, a PEG ratio of 20.58 and a beta of 1.49. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $292.72. The stock’s 50 day simple moving average is $247.14 and its two-hundred day simple moving average is $195.75. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.07. The company had revenue of $1.12 billion for 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%. Datadog’s quarterly revenue was up 35.6% on a year-over-year basis. During the same quarter in the previous year, the business 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, equities analysts anticipate that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on DDOG shares. Benchmark reissued a “buy” rating on shares of Datadog in a research note on Tuesday, July 28th. Wolfe Research reissued an “outperform” rating and set a $295.00 target price on shares of Datadog in a research report on Thursday, June 11th. Weiss Ratings upgraded Datadog from a “sell (d+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. BMO Capital Markets set a $300.00 price objective on shares of Datadog in a research note on Friday, August 7th. Finally, Morgan Stanley increased their target price on shares of Datadog from $225.00 to $300.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $276.32.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. JPL Wealth Management LLC purchased a new stake in Datadog in the 3rd quarter valued at about $27,000. EMC Capital Management purchased a new position in shares of Datadog during the second quarter worth approximately $28,000. Cornerstone Financial Management LLC raised its stake in shares of Datadog by 54.9% during the second quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock valued at $33,000 after acquiring an additional 45 shares in the last quarter. Rothschild Investment LLC raised its stake in shares of Datadog by 52.5% during the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after acquiring an additional 94 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Datadog by 341.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock valued at $38,000 after purchasing an additional 246 shares during the period. Hedge funds and other institutional investors own 78.29% of the company’s stock.

About Datadog

Datadog, Inc (NASDAQ:DDOG) is a cloud-based software company that provides monitoring, observability, security and analytics tools for modern applications and information technology environments. Its platform helps organizations collect, correlate and analyze data from servers, databases, applications, containers, networks and cloud services in a unified environment.

The company’s products include infrastructure monitoring, application performance monitoring, log management, real user and synthetic monitoring, database monitoring, cloud security, software delivery tools, incident management and cloud cost management.