Datadog (NASDAQ:DDOG) Director Sells $26,055,000.00 in Stock

Datadog, Inc. (NASDAQ:DDOG) Director Michael James Callahan sold 112,500 shares of Datadog stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $231.60, for a total value of $26,055,000.00. Following the completion of the sale, the director directly owned 14,996 shares in the company, valued at approximately $3,473,073.60. This represents a 88.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Datadog Trading Down 1.6%

NASDAQ:DDOG opened at $223.00 on Friday. The company has a market cap of $79.38 billion, a P/E ratio of 586.86, a price-to-earnings-growth ratio of 24.27 and a beta of 1.56. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $278.70. The business has a 50 day moving average price of $187.09 and a two-hundred day moving average price of $149.26. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm’s revenue was up 32.1% compared to the same quarter last year. During the same period last year, the company earned $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, analysts expect that Datadog, Inc. will post 0.61 EPS for the current fiscal year.

Key Stories Impacting Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Truist upgraded Datadog to Buy from Hold and raised its price target to $300, highlighting confidence in Datadog’s growth outlook and AI-related demand. Truist upgrades Datadog to Buy from Neutral
• Positive Sentiment: Scotiabank raised its price target on Datadog to $275 from $225 and maintained a Sector Outperform rating, adding to the wave of bullish analyst commentary. Scotiabank adjusts price target on Datadog to 275 from 225
• Positive Sentiment: Citigroup and Capital One also lifted their targets to $270 and $268, respectively, reinforcing expectations for continued upside from durable AI-driven demand and cloud monitoring growth. Citi raises Datadog target to $270 citing durable AI-driven demand
• Neutral Sentiment: Coverage around Datadog’s Q1 results and product momentum, including stronger AI observability and security offerings, continues to support the bull case, but it is largely a continuation of existing growth themes rather than a fresh catalyst. Datadog strongest Q1 results from the cloud monitoring group
• Negative Sentiment: Recent insider selling, including sales by CEO Olivier Pomel, General Counsel Kerry Acocella, and Director Amit Agarwal, may be weighing on sentiment even though the trades were made under pre-arranged 10b5-1 plans. Datadog insider trade details

Wall Street Analysts Forecast Growth

DDOG has been the topic of several analyst reports. Canaccord Genuity Group boosted their price target on shares of Datadog from $225.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Canadian Imperial Bank of Commerce raised their price objective on Datadog from $250.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. Wall Street Zen upgraded Datadog from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. UBS Group lifted their target price on Datadog from $195.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $226.00 target price on shares of Datadog in a report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $239.48.

Hedge Funds Weigh In On Datadog

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in Datadog by 30.3% in the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after buying an additional 9,748,738 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Datadog by 7.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock worth $1,961,496,000 after acquiring an additional 956,993 shares during the period. State Street Corp boosted its stake in shares of Datadog by 106.8% during the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after acquiring an additional 7,091,075 shares during the period. Geode Capital Management LLC increased its holdings in shares of Datadog by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock worth $1,227,184,000 after acquiring an additional 197,816 shares during the last quarter. Finally, Janus Henderson Group PLC increased its holdings in shares of Datadog by 22.8% during the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after acquiring an additional 1,439,082 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

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.