Datadog director Shah Shardul sells $1.09 million in shares

Published 16/09/2025, 22:46
Datadog director Shah Shardul sells $1.09 million in shares

Director Shah Shardul of Datadog, Inc. (NASDAQ:DDOG), the cloud monitoring company valued at nearly $47 billion, sold 7,916 shares of Class A Common Stock on September 12, 2025, for a total of $1.09 million. The sales were executed at prices ranging from $136.7811 to $139.625 per share. According to InvestingPro data, the company maintains impressive gross profit margins of ~80% and shows strong financial health.

The transactions are detailed in a Form 4 filing with the Securities and Exchange Commission. Following the reported transactions, Shah Shardul indirectly holds 372,365 shares of Datadog’s Class A Common Stock through the 2019 Shah Family Trust. With 32 analysts recently revising earnings estimates upward and a consensus target suggesting potential upside, InvestingPro subscribers can access detailed valuation metrics and 13 additional exclusive insights about DDOG’s financial outlook.

In other recent news, Datadog announced its second-quarter 2025 results, which prompted Cantor Fitzgerald to raise its price target from $171 to $179 while maintaining an Overweight rating. The investment firm noted a strong quarterly performance that surpassed market concerns, especially regarding potential in-sourcing by a major AI customer. Needham also reaffirmed its Buy rating on Datadog, keeping a $175 price target and projecting the company’s Annual Recurring Revenue to exceed $3.5 billion next quarter with growth in the mid-to-high 20% range. In terms of corporate governance, Datadog appointed Ami Vora, a former WhatsApp product leader, to its Board of Directors, bringing extensive experience in product and design leadership. Additionally, Datadog achieved "In Process" status for GovRAMP High Authorization, enhancing its security credentials for state, local, and education sector clients. This development builds on its existing FedRAMP Moderate authorization and "In Process" status for FedRAMP High. Meanwhile, Stifel maintained its Hold rating and $135 price target on Datadog, following the company’s mid-quarter check-in. These developments highlight the ongoing strategic and operational advancements within Datadog.

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