Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Datadog Inc shares valued at $3,859,750 were purchased by AMIT AGARWAL on Nov 27 ’24. At $154.39 per share, AMIT AGARWAL acquired 25,000 shares.
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
Also, Pomel Olivier sold 115,356 shares, netting a total of over 18,020,583 in proceeds. Following the sale of shares at $156.22 each, the insider now holds 392,746 shares.
Before that, Agarwal Amit had sold 90,750 shares from its account. In a trade valued at $14,092,041, the President traded Datadog Inc shares for $155.28 each. Upon closing the transaction, the insider’s holdings decreased to 90,750 shares, worth approximately $31.46 million.
As published in a research note from BMO Capital Markets on November 08, 2024, Datadog Inc [DDOG] has been retained to an Outperform and the price target has been revised to $145. Analysts at Monness Crespi & Hardt upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early November. As of October 25, 2024, BMO Capital Markets has reiterated its “an Outperform” rating for DDOG. Earlier on October 18, 2024, UBS upgraded its rating. Their new recommendation was “a Buy” for DDOG stock which previously was a “a Neutral”.
Analyzing DDOG Stock Performance
During the last five days, there has been a surge of approximately 12.19%. Over the course of the year, Datadog Inc shares have jumped approximately 25.19%. Shares of the company reached a 52-week high of $157.48 on 11/26/24 and a 52-week low of $98.80 on 08/05/24. A 50-day SMA is recorded $126.74, while a 200-day SMA reached $122.08. Nevertheless, trading volume fell to 4.0 million shares from 7.69 million shares the previous day.
Support And Resistance Levels for Datadog Inc (DDOG)
According to the 24-hour chart, there is a support level at 149.87, which, if violated, would cause prices to drop to 147.78. In the upper region, resistance lies at 154.82. The next price resistance is at 157.68. RSI (Relative Strength Index) is 70.19 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 17.71, which suggests the price will increase in the coming days. Percent R is at 15.24%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
