Datadog CTO Alexis Le-Quoc Purchases 43,224 Shares
Alexis Le-Quoc, CTO of Datadog, Inc., has acquired 43,224 shares of the company.
Key Points
- On June 22, 2026, Datadog CTO Alexis Le-Quoc purchased 43,224 shares of the company.
- Datadog's stock traded at $223.96 on Thursday with a market cap of $78.8 billion and a forward P/E of 77.5.
- Recent analyst ratings for Datadog are strong, with multiple firms maintaining 'buy' ratings and setting price targets up to $300.
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On June 22, 2026, Alexis Le-Quoc, the Chief Technology Officer of Datadog, Inc., acquired 43,224 shares of the company. This transaction wasn't part of a pre-arranged trading plan. The move reflects confidence from one of the company's top executives.
Other Institutional Activity in Datadog
In recent institutional activity, BlackRock, Inc. increased its holdings by 6,921,512 shares, bringing its total to 35,251,123 shares valued at approximately $4.16 billion, which is a 24.4% increase. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both opened new positions, adding 21,320,127 shares and 17,575,658 shares respectively, with values of about $2.52 billion and $2.07 billion. State Street Corp made a modest increase of 29,465 shares, totaling 14,060,951 shares worth around $1.66 billion. Meanwhile, FMR LLC reduced its stake by 4,912,937 shares, ending with 13,288,419 shares valued at $1.57 billion, marking a 27.0% decrease.
Datadog, Inc. Stock Down 5.5%
Shares of NasdaqGS:DDOG traded near $223.96 on Thursday. Datadog has a market cap of approximately $78.8 billion. Its current P/E ratio is a lofty 582.6, but the forward P/E is a more moderate 77.5. The stock's beta is 1.553, indicating higher volatility compared to the market. Over the past year, it has ranged from a low of $98.01 to a high of $278.71. The company's 50-day moving average is $186.06, while the 200-day moving average stands at $151.44.
$DDOG stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Datadog reported revenue of $3.67 billion, reflecting a growth rate of 32.2%. The company achieved a net margin of 3.7% and a return on equity of 3.93%. Earnings per share stood at $0.38. Investors are looking forward to the next earnings release scheduled for August 6, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
15 target raises vs 2 cuts.
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EPS & revenue
EPS beat estimates by 15.9%. Revenue beat estimates by 2.6%.
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Profit surprise
EBITDA missed by 66 percent. Operating income missed by 71 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
15 target raises, 2 target cuts.
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Earnings quality
Operating margin up 2.4 points. Positive free cash flow.
Earnings Call Summary
Datadog had an outstanding quarter with revenue of $1.006 billion, up 32 percent year over year and beating expectations. The company landed major deals with two of the world's largest artificial intelligence research teams and saw strong growth in non-artificial-intelligence customers as well, with net revenue retention around 120 percent. Management highlighted strong adoption of their artificial intelligence products like GPU monitoring and their security agents, which are helping customers monitor complex workloads faster and more efficiently.
Guidance Datadog raised full year revenue guidance to $4.3 billion to $4.34 billion, up from prior expectations. For next quarter they expect $1.07 billion to $1.08 billion in revenue. They are investing heavily in artificial intelligence products and expect continued strong growth driven by cloud migration and new AI training workloads at hyperscaler companies.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Insider Buying and Selling at Datadog, Inc.
On June 22, 2026, Alexis Le-Quoc, Datadog's Chief Technology Officer, acquired 43,224 shares. The transaction was not planned under Rule 10b5-1. On the same day, Le-Quoc sold 43,224 shares at an average price of $220.97 in a planned transaction. Amit Agarwal also made moves, buying and selling 20,000 shares each on June 18, 2026, with the sale at an average price of $220.92.
Analysts Set New Price Targets
On June 18, 2026, Scotiabank maintained its 'buy' rating on Datadog, setting a price target of $275. Citigroup also maintained its 'buy' rating with a target of $270 on June 17, 2026. Truist Securities upgraded the stock to 'buy' with a target of $300 on June 15, 2026. Overall, Datadog has a consensus 'strong buy' rating with an average target price of $241.36 based on 46 analyst opinions.
About Datadog, Inc.
Datadog, Inc. is a technology company based in New York, offering a cloud-based observability and security platform for applications. Its services include infrastructure monitoring, log management, and security solutions. The company, led by CEO Olivier Pomel, employs around 8,100 people and serves clients internationally.
Bottom Line
Alexis Le-Quoc's recent purchase of Datadog shares signals confidence in the company's future. Datadog's stock remains a focus for investors due to its strong market position and growth potential. As a reminder, insider transactions like these are disclosed after the fact and may not indicate future performance.
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