Datadog (NASDAQ:DDOG) Shares Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Datadog, Inc. (NASDAQ:DDOG). In a filing disclosed on July 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Datadog stock on June 11th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT #2” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Zoom Communications (NASDAQ:ZM) on 6/25/2025.
• Purchased $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 6/24/2025.
• Purchased $1,001 – $15,000 in shares of Circle Internet Group (NYSE:CRCL) on 6/24/2025.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/23/2025.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 6/13/2025.
• Sold $1,001 – $15,000 in shares of Atlassian (NASDAQ:TEAM) on 6/11/2025.
• Purchased $1,001 – $15,000 in shares of ServiceTitan (NASDAQ:TTAN) on 6/11/2025.
• Sold $1,001 – $15,000 in shares of GitLab (NASDAQ:GTLB) on 6/11/2025.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 6/11/2025.
• Sold $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 6/11/2025.

Datadog Trading Up 1.3%

Shares of Datadog stock opened at $145.02 on Friday. Datadog, Inc. has a 1 year low of $81.63 and a 1 year high of $170.08. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.74 and a current ratio of 2.74. The company has a market capitalization of $50.08 billion, a P/E ratio of 315.27, a PEG ratio of 79.75 and a beta of 1.03. The company’s fifty day moving average is $127.40 and its two-hundred day moving average is $120.60.

Datadog (NASDAQ:DDOG) last released its earnings results on Tuesday, May 6th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.42 by $0.04. Datadog had a net margin of 5.85% and a return on equity of 6.39%. The company had revenue of $761.55 million during the quarter, compared to analysts’ expectations of $741.73 million. During the same quarter last year, the business earned $0.44 EPS. The business’s revenue was up 24.6% on a year-over-year basis. Analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current year.

Hedge Funds Weigh In On Datadog

Large investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. boosted its holdings in shares of Datadog by 259.7% in the first quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company’s stock worth $858,994,000 after buying an additional 6,250,942 shares during the period. Groupama Asset Managment boosted its holdings in shares of Datadog by 407.6% during the fourth quarter. Groupama Asset Managment now owns 6,600,000 shares of the company’s stock worth $943,074,000 after purchasing an additional 5,299,688 shares during the period. Janus Henderson Group PLC boosted its holdings in shares of Datadog by 17,477.2% during the fourth quarter. Janus Henderson Group PLC now owns 4,016,558 shares of the company’s stock worth $573,923,000 after purchasing an additional 3,993,707 shares during the period. Norges Bank acquired a new stake in shares of Datadog during the fourth quarter worth approximately $462,910,000. Finally, Brown Advisory Inc. boosted its holdings in shares of Datadog by 2,804.2% during the fourth quarter. Brown Advisory Inc. now owns 2,749,174 shares of the company’s stock worth $392,830,000 after purchasing an additional 2,654,512 shares during the period. Institutional investors own 78.29% of the company’s stock.

Analyst Upgrades and Downgrades

DDOG has been the subject of several recent research reports. DA Davidson raised their target price on shares of Datadog from $115.00 to $125.00 and gave the company a “buy” rating in a report on Monday, May 5th. Morgan Stanley raised their target price on shares of Datadog from $115.00 to $165.00 and gave the company an “equal weight” rating in a report on Thursday, July 10th. Guggenheim reiterated a “sell” rating and set a $105.00 price target on shares of Datadog in a report on Tuesday, July 8th. Scotiabank set a $130.00 price target on shares of Datadog and gave the stock an “outperform” rating in a report on Wednesday, May 7th. Finally, Needham & Company LLC set a $140.00 price target on shares of Datadog and gave the stock a “buy” rating in a report on Thursday, June 12th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $145.34.

Insider Buying and Selling at Datadog

In related news, CTO Alexis Le-Quoc sold 41,468 shares of the firm’s stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $139.27, for a total transaction of $5,775,248.36. Following the transaction, the chief technology officer owned 452,769 shares of the company’s stock, valued at approximately $63,057,138.63. This trade represents a 8.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CRO Sean Michael Walters sold 9,469 shares of the firm’s stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $150.00, for a total transaction of $1,420,350.00. Following the transaction, the executive directly owned 212,324 shares in the company, valued at approximately $31,848,600. The trade was a 4.27% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 957,666 shares of company stock valued at $117,576,223 in the last 90 days. Corporate insiders own 8.70% of the company’s stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Datadog

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.