Datadog Inc’s recently made public that its Director ALEXIS LEQUOC acquired Company’s shares for reported $17.97 million on Jan 08 ’25. In the deal valued at $141.40 per share,127,105 shares were bought.
Then, AMIT AGARWAL bought 25,000 shares, generating $3,535,000 in total proceeds.
Before that, Agarwal Amit sold 25,000 shares. Datadog Inc shares valued at $3,699,842 were divested by the President at a price of $147.99 per share. As a result of the transaction, Agarwal Amit now holds 195,667 shares, worth roughly $27.48 million.
Truist downgraded its Datadog Inc [DDOG] rating to a Hold from a a Buy in a research note published on January 07, 2025; the price target was decreased to $150 from $170. A number of analysts have revised their coverage, including Macquarie’s analysts, who began to cover the stock in mid December with a ‘”an Outperform”‘ rating. BMO Capital Markets also remained covering DDOG and reiterated its “an Outperform” recommendation on November 08, 2024. Monness Crespi & Hardt revised its rating on November 07, 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 fall -1.03% to $140.42. Over the last five days, the stock has lost -2.23%. Datadog Inc shares have fallen nearly -1.73% since the year began. Nevertheless, the stocks have risen 15.88% over the past one year. While a 52-week high of $170.08 was reached on 01/06/25, a 52-week low of $98.80 was recorded on 01/10/25. SMA at 50 days reached $143.24, while 200 days put it at $125.59.
Levels Of Support And Resistance For DDOG Stock
The 24-hour chart illustrates a support level at 138.46, which if violated will result in even more drops to 136.50. On the upside, there is a resistance level at 141.54. A further resistance level may holdings at 142.66. The Relative Strength Index (RSI) on the 14-day chart is 40.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.13%. Stochastics %K at 15.85% indicates the stock is a buying.
How much short interest is there in Datadog Inc?
A steep rise in short interest was recorded in Datadog Inc stocks on 2024-12-13, growing by 4.04 million shares to a total of 15.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 11.37 million shares. There was a rise of 26.23%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 25, 2024 when BMO Capital Markets resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $135.
