Madre Armelle De Sells 3,750 Shares of Datadog, Inc. (NASDAQ:DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) insider Madre Armelle De sold 3,750 shares of the stock in a transaction dated Monday, December 28th. The stock was sold at an average price of $104.64, for a total value of $392,400.00. Following the transaction, the insider now directly owns 34,648 shares in the company, valued at approximately $3,625,566.72. The transaction was disclosed in a filing with the SEC, which is available at this link.

Madre Armelle De also recently made the following trade(s):

  • On Tuesday, December 22nd, Madre Armelle De sold 3,750 shares of Datadog stock. The shares were sold at an average price of $110.14, for a total value of $413,025.00.
  • On Friday, December 4th, Madre Armelle De sold 1,875 shares of Datadog stock. The shares were sold at an average price of $100.17, for a total value of $187,818.75.
  • On Wednesday, November 25th, Madre Armelle De sold 1,875 shares of Datadog stock. The shares were sold at an average price of $90.00, for a total value of $168,750.00.
  • On Monday, October 26th, Madre Armelle De sold 3,750 shares of Datadog stock. The shares were sold at an average price of $99.99, for a total value of $374,962.50.
  • On Friday, October 9th, Madre Armelle De sold 5,625 shares of Datadog stock. The stock was sold at an average price of $110.00, for a total value of $618,750.00.
  • On Friday, October 2nd, Madre Armelle De sold 11,250 shares of Datadog stock. The stock was sold at an average price of $102.77, for a total value of $1,156,162.50.

DDOG opened at $98.44 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 6.49 and a quick ratio of 6.49. The business has a 50 day simple moving average of $97.40 and a 200-day simple moving average of $92.54. The stock has a market capitalization of $29.98 billion, a P/E ratio of -3,280.24 and a beta of 1.19. Datadog, Inc. has a 12 month low of $28.88 and a 12 month high of $118.13.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings results on Tuesday, November 10th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.01 by $0.04. The business had revenue of $154.70 million during the quarter, compared to analysts’ expectations of $144.33 million. Datadog had a positive return on equity of 0.38% and a negative net margin of 1.39%. Datadog’s quarterly revenue was up 61.1% compared to the same quarter last year. Research analysts anticipate that Datadog, Inc. will post -0.02 EPS for the current year.

Several equities research analysts have recently weighed in on the company. Barclays cut their target price on Datadog from $136.00 to $115.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 11th. Monness Crespi & Hardt started coverage on Datadog in a research report on Monday, November 23rd. They set a “neutral” rating on the stock. Summit Insights started coverage on Datadog in a research note on Monday, September 21st. They set a “sell” rating on the stock. Berenberg Bank started coverage on Datadog in a research note on Wednesday, October 7th. They set a “hold” rating and a $103.00 price target on the stock. Finally, JPMorgan Chase & Co. downgraded Datadog from an “overweight” rating to a “neutral” rating and set a $90.00 price target on the stock. in a research note on Wednesday, November 11th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $97.29.

A number of hedge funds have recently modified their holdings of the stock. Strs Ohio acquired a new position in Datadog during the third quarter worth $849,000. Virtu Financial LLC acquired a new position in Datadog during the third quarter worth $5,478,000. Nvwm LLC raised its holdings in Datadog by 9.1% during the third quarter. Nvwm LLC now owns 3,383 shares of the company’s stock worth $345,000 after purchasing an additional 282 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in Datadog by 78.7% during the third quarter. Mercer Global Advisors Inc. ADV now owns 10,117 shares of the company’s stock worth $1,034,000 after purchasing an additional 4,456 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky acquired a new position in Datadog during the third quarter worth $5,573,000. 41.21% of the stock is owned by hedge funds and other institutional investors.

About Datadog

Datadog, Inc provides monitoring and analytics platform for developers, information technology operations teams, and business users in the cloud in North America and internationally. The company's SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, and log management to provide real-time observability of customers technology stack.

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Insider Buying and Selling by Quarter for Datadog (NASDAQ:DDOG)

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