Datadog, Inc. (NASDAQ:DDOG – Get Rating) insider Madre Armelle De sold 1,875 shares of the company’s stock in a transaction dated Wednesday, May 25th. The stock was sold at an average price of $90.00, for a total transaction of $168,750.00. Following the completion of the transaction, the insider now owns 70,237 shares of the company’s stock, valued at approximately $6,321,330. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Monday, April 25th, Madre Armelle De sold 5,625 shares of Datadog stock. The stock was sold at an average price of $121.57, for a total transaction of $683,831.25.
• On Friday, March 25th, Madre Armelle De sold 5,625 shares of Datadog stock. The stock was sold at an average price of $146.34, for a total transaction of $823,162.50.
• On Wednesday, March 2nd, Madre Armelle De sold 1,227 shares of Datadog stock. The stock was sold at an average price of $157.84, for a total transaction of $193,669.68.

DDOG stock traded up $8.44 on Friday, hitting $98.07. 6,506,529 shares of the company’s stock traded hands, compared to its average volume of 4,968,416. The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 0.66. The stock has a market cap of $30.89 billion, a price-to-earnings ratio of -9,807,000.00 and a beta of 1.25. Datadog, Inc. has a 1-year low of $82.15 and a 1-year high of $199.68. The stock has a fifty day moving average of $122.95 and a 200-day moving average of $146.53.

Datadog (NASDAQ:DDOG – Get Rating) last issued its quarterly earnings results on Thursday, May 5th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.11 by $0.13. The business had revenue of $363.03 million during the quarter, compared to the consensus estimate of $337.81 million. Datadog had a net margin of 0.17% and a return on equity of 1.53%. The firm’s quarterly revenue was up 82.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.03) EPS. On average, equities research analysts anticipate that Datadog, Inc. will post -0.15 earnings per share for the current fiscal year.

DDOG has been the subject of several recent analyst reports. Morgan Stanley decreased their target price on shares of Datadog from $210.00 to $159.00 in a research report on Friday, May 6th. The Goldman Sachs Group reduced their price target on shares of Datadog from $250.00 to $223.00 and set a “buy” rating for the company in a research note on Thursday, April 14th. Monness Crespi & Hardt reduced their price target on shares of Datadog from $228.00 to $160.00 and set a “buy” rating for the company in a research note on Friday, May 6th. Jefferies Financial Group reduced their price target on shares of Datadog from $170.00 to $125.00 in a research note on Monday. Finally, KeyCorp reduced their price target on shares of Datadog from $210.00 to $160.00 and set an “overweight” rating for the company in a research note on Monday, April 25th. Five analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $169.86.

Several large investors have recently modified their holdings of DDOG. Creative Planning lifted its position in shares of Datadog by 11.7% in the 3rd quarter. Creative Planning now owns 2,326 shares of the company’s stock valued at $329,000 after acquiring an additional 243 shares in the last quarter. US Bancorp DE lifted its position in shares of Datadog by 50.4% in the 3rd quarter. US Bancorp DE now owns 1,641 shares of the company’s stock valued at $232,000 after acquiring an additional 550 shares in the last quarter. First Republic Investment Management Inc. lifted its position in shares of Datadog by 171.0% in the 3rd quarter. First Republic Investment Management Inc. now owns 6,393 shares of the company’s stock valued at $904,000 after acquiring an additional 4,034 shares in the last quarter. Scotia Capital Inc. purchased a new stake in shares of Datadog in the 3rd quarter valued at approximately $202,000. Finally, Geode Capital Management LLC lifted its position in shares of Datadog by 6.8% in the 3rd quarter. Geode Capital Management LLC now owns 2,917,563 shares of the company’s stock valued at $411,880,000 after acquiring an additional 184,915 shares in the last quarter. Institutional investors and hedge funds own 65.17% of the company’s stock.

About Datadog (Get Rating)

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, log management, and security monitoring to provide real-time observability of its customers technology stack.

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