Datadog (NASDAQ:DDOG) CEO Olivier Pomel Sells 42,443 Shares

Datadog, Inc. (NASDAQ:DDOG) CEO Olivier Pomel sold 42,443 shares of the company’s stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $111.14, for a total value of $4,717,115.02. Following the completion of the transaction, the chief executive officer directly owned 835,679 shares in the company, valued at approximately $92,877,364.06. The trade was a 4.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, March 16th, Olivier Pomel sold 42,443 shares of Datadog stock. The stock was sold at an average price of $126.80, for a total value of $5,381,772.40.
• On Monday, March 2nd, Olivier Pomel sold 68,922 shares of Datadog stock. The shares were sold at an average price of $110.54, for a total value of $7,618,637.88.

Datadog Trading Up 4.5%

Shares of NASDAQ DDOG opened at $110.08 on Tuesday. The business has a 50 day simple moving average of $119.41 and a 200 day simple moving average of $139.32. Datadog, Inc. has a 52 week low of $87.69 and a 52 week high of $201.69. The stock has a market cap of $38.81 billion, a price-to-earnings ratio of 355.10, a PEG ratio of 28.96 and a beta of 1.29. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.38 and a current ratio of 3.38.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. The firm had revenue of $953.19 million for the quarter, compared to analyst estimates of $916.53 million. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The company’s revenue for the quarter was up 29.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.49 earnings per share. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. On average, research analysts predict that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have commented on DDOG. Citigroup lowered their target price on shares of Datadog from $200.00 to $175.00 and set a “buy” rating on the stock in a research report on Friday, January 16th. UBS Group set a $195.00 price target on Datadog in a research report on Monday, February 9th. Cantor Fitzgerald decreased their price target on Datadog from $220.00 to $150.00 and set an “overweight” rating for the company in a research note on Friday, February 6th. Benchmark initiated coverage on Datadog in a report on Wednesday, April 1st. They set a “buy” rating on the stock. Finally, Wolfe Research cut their price objective on Datadog from $185.00 to $160.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 10th. Thirty-eight analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Datadog presently has a consensus rating of “Moderate Buy” and an average target price of $181.41.

Institutional Investors Weigh In On Datadog

A number of hedge funds have recently bought and sold shares of the company. PKO Investment Management Joint Stock Co acquired a new stake in shares of Datadog in the third quarter worth $1,709,000. Hartford Investment Management Co. acquired a new position in Datadog during the 3rd quarter valued at $2,689,000. Munro Partners bought a new stake in Datadog in the 3rd quarter valued at $7,120,000. IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its holdings in Datadog by 134.5% in the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 31,142 shares of the company’s stock valued at $4,435,000 after purchasing an additional 17,860 shares during the period. Finally, Vanguard Group Inc. grew its position in Datadog by 30.3% in the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after purchasing an additional 9,748,738 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors.

About Datadog

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.