New insider activity at Datadog ( (DDOG) ) has taken place on March 6, 2025.
Several key executives at Datadog have recently sold significant amounts of company stock. CEO Olivier Pomel sold 37,406 shares for a total of $4,333,859. CRO Sean Michael Walters sold 20,024 shares, amounting to $2,319,980. CTO Alexis Le-Quoc parted with 32,086 shares, earning $3,717,483. VP & GM, Software & Solutions Amit Agarwal sold 10,167 shares for $1,177,948. CFO David Obstler sold 27,755 shares, totaling $3,215,694. GC & Secretary Kerry Acocella sold 11,538 shares for $1,336,792. COO Adam Blitzer sold 25,279 shares, bringing in $2,928,824.
Recent Updates on DDOG stock
In the last 24 hours, Datadog’s stock has been subject to several analyst actions due to its recent financial performance and market outlook. Wolfe Research downgraded Datadog to Peer Perform from Outperform, citing concerns over the company’s fiscal 2025 growth guidance, which fell below expectations, and anticipated margin contraction. Wolfe also noted a more turbulent period ahead due to competition and lack of near-term catalysts. Scotiabank lowered its price target for Datadog, despite strong Q4 results, due to the below-consensus 2025 outlook. However, they maintain an Outperform rating, suggesting the company’s fundamentals remain intact. Truist also reduced its price target, highlighting the upside in Q4 results driven by core product adoption and AI initiatives, but expressed caution over increased operating expenses impacting margins in the near term. Overall, while Datadog’s recent performance has been strong, future growth concerns have led to cautious adjustments in price targets.
More about Datadog
YTD Price Performance: -19.61%
Average Trading Volume: 5,040,997
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $39.58B