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Datadog Inc . (NASDAQ:DDOG), a $35 billion market cap company with impressive 80.8% gross profit margins, saw its CEO Olivier Pomel recently sell a significant portion of his holdings. According to a recent SEC filing, Pomel sold shares of Datadog’s Class A common stock in multiple transactions on March 7, 2025. The sales were executed at prices ranging from $107.38 to $112.93 per share, totaling approximately $11.76 million. The timing is notable as InvestingPro data shows the stock has declined nearly 12% over the past week.
The transactions were carried out under a 10b5-1 trading plan established on September 13, 2024. Following these sales, Pomel retains direct ownership of 435,793 shares of Datadog’s Class A common stock.
In addition to the sales, Pomel also acquired shares through the conversion of stock options. The options were exercised at prices ranging from $0.3067 to $0.9092 per share, resulting in a total acquisition value of $46,019.
These transactions reflect Pomel’s ongoing management of his equity position in the company. Investors often closely monitor such activities by executives to gauge their confidence in the company’s future performance.
In other recent news, Datadog has made significant headlines with its latest earnings and revenue results. William Blair reported a 25% revenue growth for Datadog, surpassing the consensus estimate of 21%, and noted that the company’s annual recurring revenue exceeded $3 billion. The firm’s log management and application performance monitoring solutions each contributed over $750 million to this figure. DA Davidson highlighted Datadog’s strong quarter to close out 2024, driven by consistent consumption trends and contributions from AI-native customers, maintaining a Buy rating with a $165 price target despite conservative guidance.
In terms of analyst ratings, Needham confirmed a Buy rating and a $160 price target, citing sustained momentum and the introduction of new products like LLM Observability. Goldman Sachs also reiterated its Buy rating with a $162 price target, expressing optimism about Datadog’s strategic product investments and growth outlook for AI-native customers. However, Wolfe Research downgraded Datadog from Outperform to Peer Perform, adjusting their revenue forecasts for fiscal years 2025 and 2026 due to increased competition and customer optimization efforts.
Goldman Sachs noted the company’s strategic positioning as a provider of infrastructure software, with a focus on strengthening long-term market position through product investments. Meanwhile, Wolfe Research set a fair value range for Datadog’s stock between $100 and $140, reflecting limited valuation upside. Despite differing perspectives, these recent developments indicate that Datadog remains a focal point for investors and analysts, with its growth trajectory and market strategies under close scrutiny.
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