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Datadog, Inc. (NASDAQ:DDOG) Chief Revenue Officer Sean Michael Walters sold 9,468 shares of Class A Common Stock on June 17, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $125.0, for a total transaction value of $1.18 million. The sale comes as Datadog’s stock trades near $130, with a market capitalization of $45 billion. According to InvestingPro analysis, the company currently appears overvalued despite its strong financial health metrics and impressive gross profit margins of 80%.
The sale was executed under a pre-arranged 10b5-1 trading plan established on December 10, 2024. Following the transaction, Walters directly owns 221,793 shares of Datadog’s Class A Common Stock. He also indirectly owns 8 shares through his son. InvestingPro subscribers can access comprehensive insider trading analysis along with 13 additional ProTips about Datadog’s financial position and growth prospects through the platform’s detailed Pro Research Report.
In other recent news, Datadog has seen a series of developments that could interest investors. BofA Securities raised its price target for Datadog to $150, maintaining a Buy rating, due to the company’s strong revenue growth exceeding 20% and active participation in artificial intelligence. Stifel, on the other hand, maintained its Hold rating and a $120 price target, citing a balanced view on Datadog’s growth trajectory and investment strategy. Meanwhile, Cantor Fitzgerald reiterated its Overweight rating with a $134 price target, noting Datadog’s innovation, particularly in AI, as a key strength. BNP Paribas (OTC:BNPQY) Exane also maintained an outperform rating and a $150 price target, highlighting customer excitement over Datadog’s new AI capabilities. Wolfe Research upgraded Datadog from Peerperform to Outperform, setting a $150 price target, following positive impressions from the company’s DASH conference. The firm emphasized Datadog’s growing presence among top AI companies. These recent developments reflect a mix of optimism and caution among analysts regarding Datadog’s future growth and innovation potential.
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