Datadog (NASDAQ:DDOG) issued its earnings results on Thursday. The company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.05, Bloomberg Earnings reports. The firm had revenue of $113.64 million during the quarter, compared to analysts’ expectations of $102.22 million.
DDOG traded down $0.10 during mid-day trading on Friday, reaching $48.40. The stock had a trading volume of 6,967,417 shares, compared to its average volume of 2,270,672. The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.94 and a current ratio of 4.94. The stock has a fifty day moving average price of $41.78. Datadog has a 52 week low of $27.55 and a 52 week high of $50.12.
In other Datadog news, CEO Olivier Pomel sold 62,500 shares of the stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $40.99, for a total value of $2,561,875.00. Following the transaction, the chief executive officer now directly owns 109,600 shares in the company, valued at approximately $4,492,504. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael James Callahan sold 5,000 shares of the stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $48.93, for a total value of $244,650.00. Following the completion of the transaction, the director now owns 67,179 shares in the company, valued at $3,287,068.47. The disclosure for this sale can be found here. Insiders sold a total of 454,600 shares of company stock worth $18,786,304 over the last quarter.
Datadog, Inc provides monitoring and analytics platform for developers, information technology operations teams, and business users in the cloud in North America and internationally. Its SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, and log management to provide real-time observability of customers technology stack.
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