The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Datadog Inc shares valued at $1,565,679 were sold by Pomel Olivier on Jan 27 ’25. At $139.86 per share, Pomel Olivier sold 11,195 shares. The insider’s holdings dropped to 379,693 shares worth approximately $55.33 million following the completion of this transaction.
Also, OLIVIER POMEL purchased 11,195 shares, netting a total of over 1,578,383 in proceeds.
Before that, Agarwal Amit had sold 25,000 shares from its account. In a trade valued at $3,486,779, the Director traded Datadog Inc shares for $139.47 each. Upon closing the transaction, the insider’s holdings decreased to 25,000 shares, worth approximately $28.51 million.
As published in a research note from Stifel on January 29, 2025, Datadog Inc [DDOG] has been rated down from a Buy to a Hold and the price target has been revised to $140 from $165. Analysts at Cantor Fitzgerald started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid January. As of January 16, 2025, Morgan Stanley has decreased its “an Overweight” rating to a “an Equal-weight” for DDOG. Earlier on January 07, 2025, Truist downgraded its rating. Their new recommendation was “a Hold” for DDOG stock which previously was a “a Buy”.
Analyzing DDOG Stock Performance
During the last five days, there has been a surge of approximately 4.00%. Over the course of the year, Datadog Inc shares have jumped approximately 1.98%. Shares of the company reached a 52-week high of $153.42 on 01/28/25 and a 52-week low of $134.72 on 01/16/25. A 50-day SMA is recorded $146.83, while a 200-day SMA reached $126.59. Nevertheless, trading volume fell to 7.83 million shares from 7.94 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 142.25, which, if violated, would cause prices to drop to 138.79. In the upper region, resistance lies at 148.89. The next price resistance is at 152.06. RSI (Relative Strength Index) is 53.12 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.51, which suggests the price will increase in the coming days. Percent R is at 41.17%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
