Datadog Inc (NASDAQ: DDOG) is 27.20% higher on its value in year-to-date trading and has touched a low of $98.80 and a high of $157.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DDOG stock was last observed hovering at around $156.63 in the last trading session, with the day’s loss setting it -2.24%.
Currently trading at $154.39, the stock is 16.68% and 22.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.34 million and changing -1.43% at the moment leaves the stock 26.57% off its SMA200. DDOG registered 37.95% gain for a year compared to 6-month gain of 26.88%. The firm has a 50-day simple moving average (SMA 50) of $125.1168 and a 200-day simple moving average (SMA200) of $121.88217.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 22.17% loss in the last 1 month and extending the period to 3 months gives it a 36.12%, and is 15.73% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.83% over the week and 3.73% over the month.
Datadog Inc (DDOG) has around 5200 employees, a market worth around $52.45B and $2.54B in sales. Current P/E ratio is 285.80 and Fwd P/E is 76.85. Profit margin for the company is 7.58%. Distance from 52-week low is 56.27% and -1.76% from its 52-week high. The company has generated returns on investments over the last 12 months (6.80%).
with sales reaching $713.72M over the same period.The EPS is expected to grow by 34.09% this year, but quarterly earnings will post 24.98% year-over-year. Quarterly sales are estimated to grow 21.04% in year-over-year returns.
Datadog Inc (DDOG) Top Institutional Holders
1269.0 institutions hold shares in Datadog Inc (DDOG), with institutional investors hold 83.39% of the company’s shares. The shares outstanding are 305.40M, and float is at 301.04M with Short Float at 3.25%. Institutions hold 81.01% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 28.52 million shares valued at $3.7 billion. The investor’s holdings represent 8.5962% of the DDOG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 20.06 million shares valued at $2.6 billion to account for 6.0446 of the shares outstanding. The other top investors are BAILLIE GIFFORD & CO which holds 9.49 million shares representing 2.8611% and valued at over $1.23 billion, while FMR LLC holds 2.7588 of the shares totaling 9.15 million with a market value of $1.19 billion.
Datadog Inc (DDOG) Insider Activity
The most recent transaction is an insider sale by Pomel Olivier, the company’s Chief Executive Officer. SEC filings show that Pomel Olivier sold 115,356 shares of the company’s common stock on Nov 25 ’24 at a price of $156.22 per share for a total of $18.02 million. Following the sale, the insider now owns 0.39 million shares.
Datadog Inc disclosed in a document filed with the SEC on Nov 22 ’24 that Agarwal Amit (President) sold a total of 90,750 shares of the company’s common stock. The trade occurred on Nov 22 ’24 and was made at $155.28 per share for $14.09 million. Following the transaction, the insider now directly holds 0.21 million shares of the DDOG stock.
Still, SEC filings show that on Nov 25 ’24, Agarwal Amit (President) disposed off 59,250 shares at an average price of $155.33 for $9.2 million. The insider now directly holds 207,054 shares of Datadog Inc (DDOG).
