Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CRO Sean Michael Walters sold 4,244 shares of the business's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $135.00, for a total transaction of $572,940.00. Following the sale, the executive now directly owns 179,367 shares of the company's stock, valued at $24,214,545. This represents a 2.31 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Sean Michael Walters also recently made the following trade(s):
- On Tuesday, October 8th, Sean Michael Walters sold 2,322 shares of Datadog stock. The stock was sold at an average price of $125.00, for a total transaction of $290,250.00.
Datadog Trading Up 7.6 %
Shares of NASDAQ DDOG opened at $154.83 on Friday. The stock has a market cap of $52.60 billion, a P/E ratio of 292.14, a PEG ratio of 18.83 and a beta of 1.10. Datadog, Inc. has a 12-month low of $98.80 and a 12-month high of $155.42. The business's fifty day simple moving average is $124.21 and its 200-day simple moving average is $119.98.
Institutional Trading of Datadog
Trump won. Buy this coin now.
From Weiss Ratings | Ad
Juan Villaverde called the top and bottom of every crypto bull market since 2012.
He believes Bitcoin will go to $150,000 — or more.
But there’s one coin he thinks could go even higher.
This could be his favorite coin.
Several hedge funds have recently modified their holdings of the stock. Baader Bank Aktiengesellschaft raised its stake in shares of Datadog by 1.5% in the second quarter. Baader Bank Aktiengesellschaft now owns 5,077 shares of the company's stock valued at $657,000 after acquiring an additional 77 shares in the last quarter. Pathstone Holdings LLC raised its stake in Datadog by 0.4% in the third quarter. Pathstone Holdings LLC now owns 23,152 shares of the company's stock valued at $2,664,000 after buying an additional 91 shares in the last quarter. GAMMA Investing LLC raised its stake in Datadog by 19.5% in the third quarter. GAMMA Investing LLC now owns 563 shares of the company's stock valued at $65,000 after buying an additional 92 shares in the last quarter. HB Wealth Management LLC raised its stake in Datadog by 5.2% in the second quarter. HB Wealth Management LLC now owns 1,926 shares of the company's stock valued at $250,000 after buying an additional 95 shares in the last quarter. Finally, WR Wealth Planners LLC raised its stake in Datadog by 31.6% in the second quarter. WR Wealth Planners LLC now owns 433 shares of the company's stock valued at $56,000 after buying an additional 104 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on DDOG shares. Citigroup boosted their price target on shares of Datadog from $150.00 to $157.00 and gave the stock a "buy" rating in a research report on Friday, November 8th. BTIG Research upgraded shares of Datadog from a "neutral" rating to a "buy" rating and set a $143.00 price target on the stock in a research report on Thursday, August 1st. Barclays boosted their price target on shares of Datadog from $140.00 to $155.00 and gave the stock an "overweight" rating in a research report on Friday, November 8th. Monness Crespi & Hardt upgraded shares of Datadog from a "neutral" rating to a "buy" rating and set a $155.00 price target on the stock in a research report on Thursday, November 7th. Finally, Wedbush upgraded shares of Datadog from a "buy" rating to a "strong-buy" rating in a research report on Thursday, October 17th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twenty-five have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $150.96.
Read Our Latest Stock Analysis on DDOG
Datadog Company Profile
(
Get Free Report)
Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
