Amit Agarwal Sells 20,000 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) Director Amit Agarwal sold 20,000 shares of the stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $127.36, for a total value of $2,547,200.00. Following the transaction, the director directly owned 1,640 shares in the company, valued at approximately $208,870.40. The trade was a 92.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Amit Agarwal also recently made the following trade(s):

• On Monday, March 16th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $126.73, for a total value of $2,534,600.00.
• On Monday, March 9th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $124.81, for a total value of $2,496,200.00.

Datadog Stock Up 0.8%

Shares of NASDAQ:DDOG opened at $124.30 on Friday. The firm has a market capitalization of $43.83 billion, a PE ratio of 400.97, a price-to-earnings-growth ratio of 33.89 and a beta of 1.31. Datadog, Inc. has a 1 year low of $81.63 and a 1 year high of $201.69. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.38. The firm’s 50-day moving average is $122.62 and its two-hundred day moving average is $141.15.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.55 by $0.04. The business had revenue of $953.19 million during 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 business’s revenue for the quarter was up 29.2% compared to the same quarter last year. During the same quarter last year, the firm posted $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. Analysts predict that Datadog, Inc. will post 0.34 EPS for the current year.

Analyst Ratings Changes

DDOG has been the subject of several recent research reports. Truist Financial decreased their price target on shares of Datadog from $195.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday, January 7th. Evercore cut their price objective on Datadog from $215.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday, February 2nd. Citizens Jmp reiterated a “market perform” rating on shares of Datadog in a research note on Wednesday, February 11th. Piper Sandler decreased their target price on Datadog from $225.00 to $195.00 and set an “overweight” rating for the company in a report on Monday, January 5th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Datadog in a research note on Wednesday, January 21st. Thirty-six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $179.62.

Institutional Investors Weigh In On Datadog

A number of large investors have recently modified their holdings of the company. Brighton Jones LLC purchased a new position in Datadog in the fourth quarter valued at $209,000. Bison Wealth LLC acquired a new stake in Datadog in the fourth quarter valued at $228,000. Empowered Funds LLC lifted its holdings in Datadog by 7.0% during the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after buying an additional 672 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in Datadog by 17.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after buying an additional 115 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in shares of Datadog during the 2nd quarter worth about $509,000. 78.29% of the stock is owned by hedge funds and other institutional investors.

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.