Datadog (DDOG) CTO Le-Quoc Alexis sells $2.18 million in stock

Published 04/12/2025, 23:48
Datadog (DDOG) CTO Le-Quoc Alexis sells $2.18 million in stock

Datadog, Inc. (NASDAQ:DDOG) Chief Technology Officer Alexis Le-Quoc, disposed of 13,765 shares of Class A Common Stock on December 2, 2025, for a total value of $2,183,108. The shares were sold at a price of $158.5985, close to the company’s 52-week high of $201.69. InvestingPro data shows Datadog’s stock has gained nearly 28% over the past six months, despite currently trading slightly above its Fair Value.

Following the transaction, Le-Quoc directly owns 338,672 shares of Datadog’s Class A Common Stock. Le-Quoc also indirectly owns 169 shares held by the Alexis Le-Quoc Revocable Trust. These holdings remain significant in a company with a market capitalization of approximately $53.7 billion and an overall financial health rating of "GOOD" according to InvestingPro metrics.

The sale was required by Datadog to cover tax withholding obligations related to the vesting of restricted stock units and performance-based restricted stock units, as well as brokerage commission fees. Datadog maintains a strong financial position with more cash than debt on its balance sheet and liquid assets exceeding short-term obligations. InvestingPro offers 14 additional tips and comprehensive analysis on Datadog in its Pro Research Report, one of 1,400+ deep-dive reports available for serious investors.

In other recent news, Datadog, Inc. announced a strategic collaboration agreement with Amazon Web Services, enhancing their decade-long partnership. This agreement was unveiled at the AWS re:Invent conference and includes multiple product launches aimed at improving cloud monitoring, optimization, and security for AWS users. Additionally, Datadog has introduced Bits AI SRE, an artificial intelligence agent designed to autonomously investigate alerts and identify root causes of technical incidents, which aims to reduce incident response times. In a move to optimize cloud costs, Datadog launched a new Storage Management product for Amazon S3, with previews for Google Cloud Storage and Azure Blob Storage. The company also appointed John Trapani as Field CTO for Financial Services, focusing on developing observability strategies in that sector. Meanwhile, Truist Securities raised its price target for Datadog to $195, citing a "remarkable" third-quarter financial performance. These recent developments highlight Datadog’s continued efforts to expand its product offerings and strengthen its market position.

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