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Datadog, Inc. (NASDAQ:DDOG), the $33.79 billion market cap software monitoring company, saw a notable stock sale by its Chief Revenue Officer, Sean Michael Walters, according to a recent SEC filing. Walters sold a total of 8,454 shares of Class A Common Stock on March 11, 2025, amounting to approximately $862,681. The shares were sold at prices ranging from $101.85 to $103.47, with the stock now trading near its 52-week low of $98.8 after declining 28.6% year-to-date. Following these transactions, Walters retains direct ownership of 185,871 shares. These transactions were conducted under a 10b5-1 trading plan established on December 10, 2024.InvestingPro analysis shows Datadog maintains impressive gross profit margins of 80.81% and holds a GOOD financial health rating. For deeper insights into insider trading patterns and 18 additional key ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Datadog has received mixed evaluations from various analyst firms following its latest financial guidance and developments. Piper Sandler maintained an Overweight rating with a $160 price target, expressing optimism about Datadog’s strategic plans and product offerings. Needham analysts also confirmed a Buy rating with the same price target, highlighting the company’s sustained momentum and strategic investments in security solutions. Meanwhile, Goldman Sachs reiterated a Buy rating, setting a slightly higher price target at $162, and noted the company’s strategic product investments and growth outlook for AI-native customers.
Contrastingly, Wolfe Research downgraded Datadog from Outperform to Peer Perform, citing increased competition and a shift in the growth environment. They adjusted their revenue forecasts downward for the fiscal years 2025 and 2026. Despite these concerns, DA Davidson maintained a Buy rating with a $165 price target, acknowledging Datadog’s strong performance in closing out 2024 and its continued growth prospects. These recent developments reflect a diverse range of perspectives on Datadog’s future performance and market position.
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