In a transaction on Friday, 2nd June, the company sold 13,741 of its shares. The stock was purchased at a price of $100.33 on average, totaling $1,378,634.53. The chief technology officer owns directly 274,889 of the company's shares, worth $27,579 613.37. This link
Alexis Le-Quoc made the following recent trades:
Alexis Le-Quoc, on Tuesday, 6th June, sold 71 364 shares of Datadog. The shares were sold for an average price per share of $102, resulting in a transaction total of $7,285,550.76.
Alexis Le-Quoc, on Thursday, 11th May, sold 71 364 shares of Datadog. The shares were sold for an average price $86.26, resulting in a total of $6,155.858.64.
Alexis Le-Quoc, on Tuesday, 4th April, sold 71 364 shares of Datadog. The stock was bought at an average of $69.77 for a total of $4,979 066.28.
Alexis Le-Quoc, on Monday, 13th March, sold 71 364 shares of Datadog. The shares were sold for an average price $66.09 and a total of $4,716,446.76.
The price of the stock rose $1.50 on Tuesday to $101.85. The company exchanged 4,747 411 shares, as opposed to the average of 5,337 734. Datadog, Inc.'s 12-month low is $61.34 while its 12-month high is $120.75. The 50-day moving-average of the company is $77.77, and its 200-day moving-average is $75.31. The company's debt-to equity ratio is 0.49. Its quick ratio is 3.19, and its current ratio is 3.19.
The company last released its quarterly results on Thursday 4th May. The company's earnings per share (EPS), which were ($0.07), fell short of the consensus estimate ($0.02) for the quarter by ($0.05). Revenue for the quarter was $481.71 millions, which is higher than the consensus estimate. Datadog's negative net margin was 4.68%, and its negative return on equity was 4.86%. Research analysts expect Datadog, Inc. to post a -0.15 earnings per share for the current fiscal period.
Hedge Funds Weigh In On Datadog
A number of major investors recently bought and then sold the stock. Cigna Investments Inc. New has increased its holding in Datadog in the third quarter by 4.9%. Cigna Investments Inc. New owns 2,898 of the company’s shares worth $258,000, after buying an additional 135 during the period. TFC Financial Management Inc. increased their stake in Datadog in the first quarter by 1.9%. TFC Financial Management Inc. owns 7,694 of the company stock, worth $559,000. This is after buying an additional 145 share during the period. Norinchukin Bank increased its holdings in Datadog shares by 3.9% in the first quarter. Norinchukin Bank now owns 3,923 of the company stock, valued at $285,000, after purchasing an additional 146 share during the period. NewEdge Wealth LLC grew its holdings in Datadog shares by 4.1% in the first quarter. NewEdge Wealth LLC owns now 3,822 of the company’s stock worth $278,000, after purchasing an additional 150 shares. Public Employees Retirement Association of Colorado also increased its holdings in Datadog shares by 0.3% over the last quarter. Public Employees Retirement Association of Colorado owns now 44,217 of the company’s stock, valued at $3.250,000, after purchasing an additional 154 share during the period. Hedge funds and institutional investors own 70.93%.
Analyst Ratings Changes
Several research analysts have published reports on DDOG's shares. Needham & Company LLC reiterated a buy' rating on Datadog shares and set a target price of $105.00 in a report published on Friday, March 31, 2013. Capital One Financial began covering Datadog on Friday, February 17, in a research report. They gave the stock an 'overweight rating' and set a price target of $105.00. Mizuho raised their price target on Datadog in a research report on Friday, 5th May from $80.00 up to $82.00. Raymond James lowered their Datadog price target from $110.00 down to $100.00 in a research report on Friday, February 17. They also set an "outperform" rating for the stock. TheStreet upgraded Datadog's rating from a "d" to a "c-" in a research report on Tuesday, May 30, 2010. Seven analysts have given the stock a hold rating, and 24 have given it a buy rating. MarketBeat data shows that the consensus rating for the company is 'Moderate buy' with a price target of $103.00.
Datadog, Inc. provides monitoring and analytical platform for developers, IT operations teams, business users, and other cloud-based services in North America and abroad. The SaaS platform of the company integrates and automates application performance monitoring (APM), infrastructure monitoring (IMM), log management and security monitoring in order to provide real-time visibility into its customers' technology stack.
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