Datadog, Inc. (NASDAQ:DDOG) Director Julie Richardson Sells 3,906 Shares

Datadog, Inc. (NASDAQ:DDOGGet Rating) Director Julie Richardson sold 3,906 shares of the firm’s stock in a transaction on Thursday, September 15th. The stock was sold at an average price of $96.87, for a total value of $378,374.22. Following the completion of the sale, the director now directly owns 3,932 shares of the company’s stock, valued at $380,892.84. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Julie Richardson also recently made the following trade(s):

  • On Monday, August 15th, Julie Richardson sold 3,906 shares of Datadog stock. The stock was sold at an average price of $116.03, for a total value of $453,213.18.
  • On Friday, July 15th, Julie Richardson sold 3,906 shares of Datadog stock. The stock was sold at an average price of $93.69, for a total value of $365,953.14.

Datadog Stock Performance

Shares of DDOG opened at $93.80 on Tuesday. The stock has a 50-day simple moving average of $102.00 and a 200-day simple moving average of $111.13. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.31 and a current ratio of 3.31. The stock has a market capitalization of $29.68 billion, a PE ratio of 9,389.39 and a beta of 1.13. Datadog, Inc. has a 1 year low of $81.12 and a 1 year high of $199.68.

Datadog (NASDAQ:DDOGGet Rating) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.10. The business had revenue of $406.14 million during the quarter, compared to analysts’ expectations of $381.28 million. Datadog had a return on equity of 2.24% and a net margin of 0.48%. The business’s quarterly revenue was up 73.9% compared to the same quarter last year. During the same quarter last year, the business posted ($0.02) EPS. On average, analysts predict that Datadog, Inc. will post -0.14 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Sanford C. Bernstein assumed coverage on Datadog in a research report on Tuesday, July 19th. They set an “outperform” rating and a $172.00 price objective for the company. BTIG Research cut their price objective on Datadog to $137.00 in a research report on Tuesday, August 9th. KeyCorp cut their price objective on Datadog from $132.00 to $127.00 and set an “overweight” rating for the company in a research report on Friday, August 5th. Rosenblatt Securities cut their price objective on Datadog from $180.00 to $146.00 and set a “buy” rating for the company in a research report on Friday, July 29th. Finally, Stifel Nicolaus cut their price objective on Datadog from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Friday. Five research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. Based on data from MarketBeat, Datadog presently has an average rating of “Moderate Buy” and an average target price of $150.05.

Institutional Investors Weigh In On Datadog

Several institutional investors have recently added to or reduced their stakes in DDOG. Optimum Investment Advisors purchased a new stake in Datadog during the fourth quarter worth approximately $27,000. Riverview Trust Co purchased a new stake in Datadog during the first quarter worth approximately $27,000. SJS Investment Consulting Inc. purchased a new stake in Datadog during the first quarter worth approximately $27,000. Catalyst Capital Advisors LLC purchased a new stake in Datadog during the first quarter worth approximately $27,000. Finally, Global Retirement Partners LLC purchased a new stake in Datadog during the second quarter worth approximately $27,000. Hedge funds and other institutional investors own 71.98% of the company’s stock.

Datadog Company Profile

(Get Rating)

Datadog, Inc provides monitoring and analytics platform for developers, information technology operations teams, and business users in the cloud in North America and internationally. The company's SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, log management, and security monitoring to provide real-time observability of its customers technology stack.

Read More

Insider Buying and Selling by Quarter for Datadog (NASDAQ:DDOG)

Receive News & Ratings for Datadog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Datadog and related companies with MarketBeat.com's FREE daily email newsletter.