Shardul Shah Purchases Datadog Shares
Shardul Shah acquired 1,072 shares of Datadog, Inc. on June 15, 2026.
Key Points
- Shardul Shah bought 1,072 shares of Datadog on June 15, 2026, with the stock trading at $231.07.
- Datadog has a market cap of $82.3 billion and a forward P/E ratio of 80.9, indicating high growth expectations.
- Analysts maintain strong buy ratings, with Citigroup setting a $270 target and Truist Securities upgrading to buy.
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Shardul Shah recently purchased 1,072 shares of Datadog, Inc. (NasdaqGS: DDOG) on June 15, 2026. The transaction was not part of a pre-arranged trading plan. As of that day, Datadog shares were trading at $231.07.
Other Institutional Activity in Datadog
Several major funds have also adjusted their positions in Datadog. BlackRock, Inc. increased its holdings by 6,921,512 shares, bringing its total to 35,251,123 shares valued at approximately $4.16 billion. Vanguard Capital Management LLC added 21,320,127 shares, resulting in a new total of 21,320,127 shares worth about $2.52 billion. Similarly, Vanguard Portfolio Management LLC acquired 17,575,658 shares, ending with the same amount in shares valued at $2.07 billion. On the other hand, FMR LLC reduced its stake by 4,912,937 shares, leaving it with 13,288,419 shares worth around $1.57 billion.
Datadog, Inc. Stock Down 2.5%
Shares of Datadog (NasdaqGS: DDOG) are trading near $231.07. The company boasts a market capitalization of approximately $82.3 billion. Datadog has a P/E ratio of 592.6 and a forward P/E of 80.9, reflecting high growth expectations. Its beta is 1.553, indicating higher volatility compared to the market. The stock's 52-week range spans from $98.01 to $278.71, with a 50-day moving average of $181.73 and a 200-day moving average of $150.55.
$DDOG stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Datadog reported revenue of $3.67 billion, with a growth rate of 32.2%. The company's earnings per share (EPS) stands at $0.39, while its net margin is 3.7%. Return on equity (ROE) is 3.9%. Datadog is expected to announce its next earnings on 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.
Several insiders at Datadog made transactions on June 15, 2026. Kerry Acocella, General Counsel and Secretary, sold 5,371 shares at an average price of $233.91 under a pre-planned trading scheme. Meanwhile, Julie Richardson, Dominic Phillips, Dev Ittycheria, Shardul Shah, and Titilope Cole each acquired 1,072 shares without pre-planned trading.
Analysts Set New Price Targets
On June 17, 2026, Citigroup maintained its buy rating on Datadog with a price target of $270. On June 15, Truist Securities upgraded the stock to a buy with a target of $300. TD Cowen, Macquarie, Cantor Fitzgerald, Benchmark, BTIG, and Evercore ISI Group have all reiterated buy ratings, with targets ranging from $226 to $300.
About Datadog, Inc.
Datadog, Inc. is a technology company based in New York, NY, that provides an observability and security platform for cloud applications. Founded in 2010, the company offers a range of products including infrastructure monitoring, log management, and application performance monitoring. Under the leadership of CEO Olivier Pomel, Datadog employs approximately 8,100 people and serves customers globally.
Bottom Line
The recent insider purchase by Shardul Shah highlights ongoing interest in Datadog shares. Investors often keep an eye on insider transactions as they can signal confidence in the company's prospects. With a high forward P/E ratio and strong revenue growth, Datadog remains a company to watch. It's important to remember that insider transactions and analyst ratings provide insights but should be considered as part of a broader investment strategy.
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