Shardul Shah sells Datadog (DDOG) shares worth $1.48 million

Published 17/11/2025, 22:10
Shardul Shah sells Datadog (DDOG) shares worth $1.48 million

Director Shardul Shah sold 7,916 shares of Datadog, Inc. NASDAQ:DDOG Class A Common Stock on November 13, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales, executed under a pre-arranged 10b5-1 trading plan, resulted in gross proceeds of approximately $1.48 million. The transaction comes as Datadog trades near $180 per share, with InvestingPro analysis indicating the stock is trading above its Fair Value, despite the company’s impressive 79.96% gross profit margins.

The transactions involved multiple sales at varying prices: 3,147 shares were sold at a weighted average price of $186.2865, with prices ranging from $185.8100 to $186.7700; 2,511 shares at $187.2001, ranging from $186.8200 to $187.7400; 1,558 shares at $188.169, ranging from $187.8300 to $188.7700; 400 shares at $189.12, ranging from $188.9400 to $189.5600; and 300 shares at $190.0067, ranging from $189.9700 to $190.0800. These sales occurred as Datadog shares have posted a strong 57.23% return over the past six months.

Following these transactions, Shah continues to indirectly own 356,533 Datadog shares through the 2019 Shah Family Trust and directly owns 2,106 shares. With Datadog’s market capitalization at $63.3 billion and a solid financial health score rated as "GOOD" by InvestingPro, investors can access 16 additional ProTips and comprehensive Pro Research Reports covering what really matters for this cloud monitoring company through the Pro platform.

In other recent news, Datadog has launched a new Storage Management product aimed at optimizing cloud object storage costs, now available for Amazon S3 and in preview for Google Cloud Storage and Azure Blob Storage. This release is designed to provide organizations with better visibility into storage usage patterns and offer cost-reduction recommendations. Truist Securities raised its price target for Datadog to $195, citing a "remarkable" third-quarter performance with strong financial results. RBC Capital increased its price target to $216, highlighting accelerating growth and an early renewal from OpenAI that expanded usage of Datadog’s services. KeyBanc upgraded Datadog’s stock rating to Overweight, setting a price target of $230, due to accelerating revenue growth and improved visibility into OpenAI’s spending. Cantor Fitzgerald also raised its price target to $220, maintaining an Overweight rating, indicating a 23% upside from its previous target. These developments reflect positive momentum in Datadog’s financial and operational performance.

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