Datadog Inc’s recently made public that its Director OLIVIER POMEL acquired Company’s shares for reported $11.97 million on Mar 07 ’25. In the deal valued at $111.46 per share,107,365 shares were bought.
Then, Agarwal Amit sold 25,000 shares, generating $2,855,294 in total proceeds. Upon selling the shares at $114.21, the Director now owns 82,324 shares.
Before that, Agarwal Amit sold 10,167 shares. Datadog Inc shares valued at $1,177,978 were divested by the Director at a price of $115.86 per share. As a result of the transaction, Agarwal Amit now holds 82,324 shares, worth roughly $8.37 million.
Wolfe Research downgraded its Datadog Inc [DDOG] rating to a Peer perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in mid February from “an Overweight” to “an Equal weight”. Stifel also remained covering DDOG and has decreased its forecast on January 29, 2025 with a “Hold” recommendation from previously “Buy” rating. Cantor Fitzgerald started covering the stock on January 17, 2025. It rated DDOG as “an Overweight”.
Price Performance Review of DDOG
On Monday, Datadog Inc [NASDAQ:DDOG] saw its stock fall -7.28% to $101.65. Over the last five days, the stock has lost -10.18%. Datadog Inc shares have fallen nearly -28.86% since the year began. Nevertheless, the stocks have fallen -18.41% 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 03/10/25. SMA at 50 days reached $134.84, while 200 days put it at $127.31.
Levels Of Support And Resistance For DDOG Stock
The 24-hour chart illustrates a support level at 99.14, which if violated will result in even more drops to 96.62. On the upside, there is a resistance level at 105.88. A further resistance level may holdings at 110.10. The Relative Strength Index (RSI) on the 14-day chart is 21.26, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.34%. Stochastics %K at 6.40% indicates the stock is a buying.
