Insider Selling: Datadog (NASDAQ:DDOG) Director Sells 575,863 Shares of Stock

by · The Markets Daily

Datadog, Inc. (NASDAQ:DDOG – Get Free Report) Director Matthew Jacobson sold 575,863 shares of the firm’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $126.96, for a total transaction of $73,111,566.48. Following the completion of the sale, the director directly owned 219,831 shares in the company, valued at approximately $27,909,743.76. This trade represents a 72.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Matthew Jacobson also recently made the following trade(s):

  • On Wednesday, August 27th, Matthew Jacobson sold 107,648 shares of Datadog stock. The stock was sold at an average price of $130.01, for a total transaction of $13,995,316.48.
  • On Monday, August 25th, Matthew Jacobson sold 59,965 shares of Datadog stock. The stock was sold at an average price of $128.60, for a total transaction of $7,711,499.00.
  • On Friday, August 22nd, Matthew Jacobson sold 49,123 shares of Datadog stock. The stock was sold at an average price of $132.01, for a total transaction of $6,484,727.23.

Datadog Trading Up 7.0%

NASDAQ:DDOG opened at $140.96 on Friday. The company has a 50-day moving average price of $137.24 and a 200-day moving average price of $119.50. Datadog, Inc. has a 12 month low of $81.63 and a 12 month high of $170.08. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31. The stock has a market cap of $49.16 billion, a price-to-earnings ratio of 402.75, a P/E/G ratio of 54.33 and a beta of 1.02.

Datadog (NASDAQ:DDOG – Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.41 by $0.05. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The firm had revenue of $826.76 million during the quarter, compared to analysts’ expectations of $791.72 million. During the same period last year, the company posted $0.43 EPS. The company’s quarterly revenue was up 28.1% compared to the same quarter last year. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. Equities analysts predict that Datadog, Inc. will post 0.34 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. BTIG Research set a $136.00 target price on shares of Datadog and gave the stock a “buy” rating in a research report on Tuesday, May 6th. Scotiabank reaffirmed an “outperform” rating on shares of Datadog in a research report on Friday, August 8th. Rosenblatt Securities lowered their price target on shares of Datadog from $160.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, May 5th. Wolfe Research raised shares of Datadog from a “peer perform” rating to an “outperform” rating and set a $150.00 price target for the company in a research report on Thursday, June 12th. Finally, DA Davidson set a $160.00 price target on shares of Datadog and gave the company a “buy” rating in a research report on Tuesday, August 5th. Twenty-four equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Datadog presently has an average rating of “Moderate Buy” and an average price target of $153.10.

Get Our Latest Analysis on Datadog

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Datadog by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 32,153,489 shares of the company’s stock valued at $4,319,178,000 after purchasing an additional 740,457 shares in the last quarter. Baillie Gifford & Co. increased its stake in Datadog by 12.6% during the 1st quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company’s stock valued at $1,217,769,000 after purchasing an additional 1,369,522 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Datadog by 259.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company’s stock valued at $858,994,000 after purchasing an additional 6,250,942 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Datadog by 23.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,729,254 shares of the company’s stock valued at $667,611,000 after purchasing an additional 1,261,065 shares in the last quarter. Finally, Brown Advisory Inc. increased its stake in Datadog by 23.3% during the 2nd quarter. Brown Advisory Inc. now owns 5,983,687 shares of the company’s stock valued at $803,793,000 after purchasing an additional 1,130,675 shares in the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

Datadog Company Profile

(Get Free Report)

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.

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