Datadog Inc’s recently made public that its General Counsel and Secretary Acocella Kerry unloaded Company’s shares for reported $0.39 million on Dec 04 ’24. In the deal valued at $158.04 per share,2,488 shares were sold. As a result of this transaction, Acocella Kerry now holds 68,758 shares worth roughly $11.6 million.
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
Then, Kerry Acocella bought 2,488 shares, generating $412,709 in total proceeds.
Before that, Walters Sean Michael sold 8,395 shares. Datadog Inc shares valued at $1,277,216 were divested by the Chief Revenue Officer at a price of $152.14 per share. As a result of the transaction, Walters Sean Michael now holds 166,298 shares, worth roughly $28.05 million.
BMO Capital Markets reiterated its Datadog Inc [DDOG] rating to an Outperform in a research note published on November 08, 2024; the price target was $145. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who increased its forecast for the stock in early November from “a Neutral” to “a Buy”. BMO Capital Markets also remained covering DDOG and reiterated its “an Outperform” recommendation on October 25, 2024. UBS revised its rating on October 18, 2024. It rated DDOG as “a Buy” which previously was an “a Neutral”.
Price Performance Review of DDOG
On Friday, Datadog Inc [NASDAQ:DDOG] saw its stock jump 3.24% to $168.65. Over the last five days, the stock has gained 10.41%. Datadog Inc shares have risen nearly 38.94% since the year began. Nevertheless, the stocks have risen 47.54% over the past one year. While a 52-week high of $166.08 was reached on 12/06/24, a 52-week low of $98.80 was recorded on 08/05/24. SMA at 50 days reached $132.03, while 200 days put it at $122.96.
Levels Of Support And Resistance For DDOG Stock
The 24-hour chart illustrates a support level at 165.59, which if violated will result in even more drops to 162.52. On the upside, there is a resistance level at 170.90. A further resistance level may holdings at 173.14. The Relative Strength Index (RSI) on the 14-day chart is 77.15, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 14.89, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.16%. Stochastics %K at 96.58% indicates the stock is a selling.
How much short interest is there in Datadog Inc?
A steep rise in short interest was recorded in Datadog Inc stocks on 2024-11-15, growing by 2.3 million shares to a total of 11.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 9.06 million shares. There was a rise of 20.27%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 08, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”an Outperform”‘ rating along with a $150 price target.
