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 $18,148,184 were sold by Le-Quoc Alexis on Feb 03 ’25. At $142.78 per share, Le-Quoc Alexis sold 127,105 shares. The insider’s holdings dropped to 324,778 shares worth approximately $47.04 million following the completion of this transaction.
Also, AMIT AGARWAL purchased 25,000 shares, netting a total of over 3,645,750 in proceeds.
Before that, ALEXIS LEQUOC had added 127,105 shares to its account. In a trade valued at $18,139,155, the Director bought Datadog Inc shares for $142.71 each.
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 drop of approximately -0.60%. Over the course of the year, Datadog Inc shares have jumped approximately 1.37%. 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 $148.17, while a 200-day SMA reached $127.04. Nevertheless, trading volume fell to 4.84 million shares from 3.29 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 141.79, which, if violated, would cause prices to drop to 138.74. In the upper region, resistance lies at 146.41. The next price resistance is at 147.98. RSI (Relative Strength Index) is 51.98 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.20, which suggests the price will increase in the coming days. Percent R is at 45.82%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
