Datadog, Inc. (NASDAQ:DDOG – Get Free Report) CTO Alexis Le-Quoc sold 21,506 shares of Datadog stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $267.15, for a total transaction of $5,745,327.90. Following the completion of the transaction, the chief technology officer directly owned 509,805 shares of the company’s stock, valued at $136,194,405.75. The trade was a 4.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Alexis Le-Quoc also recently made the following trade(s):
- On Monday, June 1st, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The shares were sold at an average price of $271.05, for a total transaction of $14,612,847.60.
- On Monday, May 18th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The shares were sold at an average price of $208.04, for a total transaction of $8,992,320.96.
- On Monday, May 4th, Alexis Le-Quoc sold 43,106 shares of Datadog stock. The shares were sold at an average price of $144.93, for a total transaction of $6,247,352.58.
- On Wednesday, April 22nd, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The shares were sold at an average price of $130.84, for a total transaction of $5,655,428.16.
- On Monday, April 6th, Alexis Le-Quoc sold 32,300 shares of Datadog stock. The shares were sold at an average price of $116.46, for a total transaction of $3,761,658.00.
- On Monday, March 23rd, Alexis Le-Quoc sold 32,418 shares of Datadog stock. The shares were sold at an average price of $127.75, for a total transaction of $4,141,399.50.
- On Tuesday, March 10th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The shares were sold at an average price of $125.49, for a total transaction of $6,765,416.88.
Datadog Stock Down 2.7%
Shares of NASDAQ DDOG opened at $243.60 on Friday. The company’s 50-day simple moving average is $164.88 and its 200-day simple moving average is $144.65. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $278.70. The firm has a market cap of $86.71 billion, a price-to-earnings ratio of 641.07, a price-to-earnings-growth ratio of 26.80 and a beta of 1.56. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25.
Institutional Investors Weigh In On Datadog
A number of institutional investors and hedge funds have recently made changes to their positions in DDOG. Elevation Point Wealth Partners LLC increased its holdings in Datadog by 3.3% in the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock worth $242,000 after buying an additional 55 shares during the last quarter. Chicago Partners Investment Group LLC increased its holdings in Datadog by 1.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock worth $622,000 after buying an additional 73 shares during the last quarter. Vivaldi Capital Management LP increased its holdings in Datadog by 2.8% in the third quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock worth $383,000 after buying an additional 74 shares during the last quarter. Westside Investment Management Inc. increased its holdings in Datadog by 74.3% in the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after buying an additional 75 shares during the last quarter. Finally, State of Wyoming increased its holdings in Datadog by 4.1% in the first quarter. State of Wyoming now owns 1,946 shares of the company’s stock worth $230,000 after buying an additional 76 shares during the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
DDOG has been the topic of several research analyst reports. Citigroup lifted their target price on shares of Datadog from $175.00 to $218.00 and gave the company a “buy” rating in a research report on Friday, May 8th. BMO Capital Markets lifted their target price on shares of Datadog from $165.00 to $220.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Oppenheimer lifted their target price on shares of Datadog from $200.00 to $220.00 in a research report on Thursday, May 7th. DA Davidson set a $250.00 target price on shares of Datadog in a research report on Friday, May 22nd. Finally, Jefferies Financial Group set a $210.00 price target on shares of Datadog and gave the stock a “buy” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and a consensus target price of $219.69.
View Our Latest Report on DDOG
Key Stories Impacting Datadog
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Datadog was highlighted as one of the most-upgraded software stocks last month, reinforcing confidence in its growth outlook and the AI-driven rebound in software sentiment. 3 Most Upgraded Stocks Last Month According to MarketBeat (DDOG)
- Positive Sentiment: Commentary that software stocks are rebounding as investors see AI as a growth catalyst supports the broader bull case for DDOG. DDOG, ORCL, MSFT emerge as top software stock picks as the sector rebounds: report
- Neutral Sentiment: Datadog’s presentation at the Bank of America 2026 Global Technology Conference may have kept the company in focus, but no new material catalyst was highlighted in the headline provided. Datadog, Inc. (DDOG) Presents at Bank of America 2026 Global Technology Conference Transcript
- Negative Sentiment: Recent insider selling by senior executives, especially the CTO’s large share sales, is likely the biggest near-term drag on investor sentiment. SEC insider filing
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.
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