Datadog Inc’s recently made public that its Director AMIT AGARWAL acquired Company’s shares for reported $2.58 million on Mar 21 ’25. In the deal valued at $103.17 per share,25,000 shares were bought.
Then, Le-Quoc Alexis sold 127,105 shares, generating $12,984,159 in total proceeds. Upon selling the shares at $102.15, the Chief Technology Officer now owns 371,865 shares.
Before that, Walters Sean Michael sold 8,454 shares. Datadog Inc shares valued at $862,681 were divested by the Chief Revenue Officer at a price of $102.04 per share. As a result of the transaction, Walters Sean Michael now holds 185,871 shares, worth roughly $20.48 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 jump 4.89% to $110.17. Over the last five days, the stock has gained 5.96%. Datadog Inc shares have fallen nearly -22.90% since the year began. Nevertheless, the stocks have fallen -10.75% over the past one year. While a 52-week high of $170.08 was reached on 01/28/25, a 52-week low of $98.30 was recorded on 03/13/25. SMA at 50 days reached $126.59, while 200 days put it at $126.58.
Levels Of Support And Resistance For DDOG Stock
The 24-hour chart illustrates a support level at 107.79, which if violated will result in even more drops to 105.41. On the upside, there is a resistance level at 111.67. A further resistance level may holdings at 113.17. The Relative Strength Index (RSI) on the 14-day chart is 45.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.99%. Stochastics %K at 43.82% 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 2025-02-28, dropping by -0.37 million shares to a total of 12.91 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 13.29 million shares. There was a decline of -2.87%, which implies that there is a negative sentiment for the stock.
