Datadog Inc’s recent filing unveils that its Chief Executive Officer Pomel Olivier unloaded Company’s shares for reported $1.57 million on Jan 27 ’25. In the deal valued at $139.86 per share,11,195 shares were sold. As a result of this transaction, Pomel Olivier now holds 379,693 shares worth roughly $54.19 million.
Then, OLIVIER POMEL bought 11,195 shares, generating $1,578,383 in total proceeds.
Before that, Agarwal Amit sold 25,000 shares. Datadog Inc shares valued at $3,486,779 were divested by the Director at a price of $139.47 per share. As a result of the transaction, Agarwal Amit now holds 195,667 shares, worth roughly $27.92 million.
Stifel downgraded its Datadog Inc [DDOG] rating to a Hold from a a Buy in a research note published on January 29, 2025; the price target was decreased to $140 from $165. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid January with a ‘”an Overweight”‘ rating. Morgan Stanley also remained covering DDOG and has decreased its forecast on January 16, 2025 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Truist revised its rating on January 07, 2025. It rated DDOG as “a Hold” which previously was an “a Buy”.
Price Performance Review of DDOG
On Friday, Datadog Inc [NASDAQ:DDOG] saw its stock jump 0.07% to $142.71. Over the last five days, the stock has gained 1.22%. Datadog Inc shares have fallen nearly -0.13% since the year began. Nevertheless, the stocks have risen 12.52% over the past one year. While a 52-week high of $170.08 was reached on 01/28/25, a 52-week low of $98.80 was recorded on 01/16/25. SMA at 50 days reached $147.39, while 200 days put it at $126.75.
Levels Of Support And Resistance For DDOG Stock
The 24-hour chart illustrates a support level at 141.02, which if violated will result in even more drops to 139.32. On the upside, there is a resistance level at 145.21. A further resistance level may holdings at 147.70. The Relative Strength Index (RSI) on the 14-day chart is 48.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.39, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 57.26%. Stochastics %K at 47.93% indicates the stock is a holding.
How much short interest is there in Datadog Inc?
A steep rise in short interest was recorded in Datadog Inc stocks on 2025-01-15, dropping by -0.37 million shares to a total of 15.04 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 15.41 million shares. There was a decline of -2.45%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 12, 2024 when Macquarie began covering the stock and recommended ‘”an Outperform”‘ rating along with a $200 price target.
