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Amit Agarwal, a director at Datadog, Inc. (NASDAQ:DDOG), a $37.95 billion market cap company, recently sold 25,000 shares of Class A Common Stock. The transaction, which took place on March 21, 2025, was executed at a price of $105.25 per share, amounting to a total sale of approximately $2.63 million. According to InvestingPro analysis, the stock is currently trading slightly above its Fair Value, with the company maintaining impressive gross profit margins of ~81%.
Following this sale, Agarwal’s direct ownership in Datadog stands at 82,324 shares. The transaction was carried out under a 10b5-1 plan, which allows insiders to set up a predetermined trading plan for selling stocks. Additionally, Agarwal’s indirect holdings include shares held by family trusts and his spouse. InvestingPro data shows the stock has declined nearly 23% year-to-date, though the company maintains a GOOD financial health rating. Subscribers can access 15 additional ProTips and a comprehensive Pro Research Report for deeper insights into Datadog’s valuation and prospects.
In other recent news, Datadog has seen a series of analyst evaluations reflecting varied perspectives on its financial outlook and market position. DA Davidson reiterated a Buy rating with a $165 price target, emphasizing Datadog’s potential for over 20% revenue growth this year despite conservative guidance for fiscal year 2025. Piper Sandler also maintained an Overweight rating with a $160 target, viewing the current stock valuation as an attractive entry point due to the company’s strategic plans and product offerings. Needham analysts echoed this sentiment, affirming a Buy rating and a $160 target, highlighting Datadog’s strong momentum and new product introductions like LLM Observability.
Goldman Sachs joined the positive outlook, maintaining a Buy rating and a $162 price target, pointing to Datadog’s strategic product investments and solid growth among AI-native customers. However, Wolfe Research took a different stance, downgrading Datadog from Outperform to Peer Perform, citing increased competition and a shift in the growth environment. They adjusted their revenue forecasts, anticipating lower growth rates for fiscal years 2025 and 2026. Wolfe Research set a fair value range for the stock between $100 and $140, noting that Datadog’s valuation aligns with its Heavyweight Growth peers. These recent developments reflect a mix of optimism and caution among analysts regarding Datadog’s future performance.
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