Alexis Le-Quoc Sells 43,224 Shares of Datadog (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) CTO Alexis Le-Quoc sold 43,224 shares of the stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $220.97, for a total value of $9,551,207.28. Following the transaction, the chief technology officer owned 509,805 shares in the company, valued at approximately $112,651,610.85. This trade represents a 7.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Alexis Le-Quoc also recently made the following trade(s):

• On Tuesday, June 2nd, Alexis Le-Quoc sold 21,506 shares of Datadog stock. The shares were sold at an average price of $267.15, for a total value of $5,745,327.90.
• On Monday, June 1st, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $271.05, for a total value of $14,612,847.60.
• On Monday, May 18th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The stock was sold at an average price of $208.04, for a total value 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 stock was sold at an average price of $116.46, for a total transaction of $3,761,658.00.

Datadog Price Performance

Shares of Datadog stock opened at $220.94 on Friday. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $278.70. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The company has a 50-day simple moving average of $198.23 and a two-hundred day simple moving average of $151.61. The stock has a market capitalization of $78.65 billion, a price-to-earnings ratio of 581.44, a price-to-earnings-growth ratio of 23.40 and a beta of 1.56.

Datadog (NASDAQ:DDOG) last announced its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same quarter in the prior year, the business posted $0.46 EPS. The business’s revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Analysts forecast that Datadog, Inc. will post 0.62 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. DA Davidson set a $250.00 price objective on Datadog in a report on Friday, May 22nd. Weiss Ratings raised Datadog from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $226.00 price target on shares of Datadog in a research note on Thursday, June 11th. Wolfe Research reaffirmed an “outperform” rating and set a $295.00 price objective on shares of Datadog in a research report on Thursday, June 11th. Finally, Barclays increased their price objective on shares of Datadog from $215.00 to $260.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $242.09.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Needham & Company raised its price target on Datadog from $225 to $260 and reiterated a Buy rating, signaling confidence in additional upside for the cloud software company. Needham Raises Datadog Price Target to $260
• Positive Sentiment: Datadog continues to benefit from broadly favorable Wall Street sentiment, with multiple firms maintaining Buy/Outperform ratings and consensus targets above the current trading range, reinforcing the bullish view on earnings and revenue growth.
• Neutral Sentiment: Datadog reported strong recent quarterly results, including EPS and revenue above estimates, plus 32.1% year-over-year revenue growth, which remains a key long-term support for the stock.
• Neutral Sentiment: Short-interest data showed no meaningful short position, so there is no evidence of significant bearish positioning in the stock at this time.
• Negative Sentiment: Insider selling may be weighing a bit on sentiment: CTO Alexis Le-Quoc sold 43,224 shares, and Director Amit Agarwal sold 20,000 shares, both under pre-arranged 10b5-1 trading plans. Those sales are notable, but the planned nature of the transactions makes them less alarming than discretionary selling.

Hedge Funds Weigh In On Datadog

A number of institutional investors have recently modified their holdings of the business. Wealth High Governance Capital Ltda acquired a new stake in Datadog in the first quarter valued at about $4,085,000. Wealth High Governance Asset Management Ltda. bought a new position in Datadog in the first quarter valued at about $3,470,000. Parallel Advisors LLC raised its stake in Datadog by 12.5% during the first quarter. Parallel Advisors LLC now owns 9,730 shares of the company’s stock worth $1,149,000 after acquiring an additional 1,082 shares in the last quarter. Glenmede Trust Co. NA raised its stake in Datadog by 15.6% during the first quarter. Glenmede Trust Co. NA now owns 8,346 shares of the company’s stock worth $985,000 after acquiring an additional 1,126 shares in the last quarter. Finally, Groupe la Francaise lifted its holdings in shares of Datadog by 20.4% in the first quarter. Groupe la Francaise now owns 93,982 shares of the company’s stock worth $11,063,000 after acquiring an additional 15,907 shares during the last quarter. Institutional investors and hedge funds 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.