Momentum Is Strong For Datadog Inc (NASDAQ: DDOG)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Datadog Announces Upcoming Investor Day.

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Stocks Info

This NASDAQ-listed company operates within the Software – Application industry segment, falling under the Technology sector. The current market capitalization of Datadog Inc is $40.67B. A total of 3.1 million shares were traded on the day, compared to an average of 4.18M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, DDOG has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 21 BUYs and 79 SELLs from insiders. Insiders purchased 779,246 shares during that period but sold 571,558.

In the most recent transaction, Le-Quoc Alexis sold 127,105 shares of DDOG for 120.08 per share on Jan 10. After the transaction, the CHIEF TECHNOLOGY OFFICER now owns 247,328 company shares. In a previous transaction on Jan 03, Pomel Olivier sold 85,637 shares at 112.26 per share. DDOG shares that Chief Executive Officer owns now total 299,075.

Among the insiders who sold shares, Le-Quoc Alexis disposed of 127,105 shares on Dec 18 at a per-share price of $123.19. This resulted in the Chief Technology Officer holding 247,328 shares of DDOG after the transaction. In another insider transaction, Acocella Kerry sold 17,500 shares at $113.49 per share on Dec 12. Company shares held by the General Counsel/Corp Secy now total 49,533.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, DDOG has a high of $124.69 and a low of $62.60.

As of this writing, DDOG has an earnings estimate of $RDOG per share for the current quarter. EPS was calculated based on a consensus of Datadog, Inc. estimates, with a high estimate of $ALPS Sector Dividend Dogs ETF per share and a lower estimate of $ProShares Short Dow30.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. DDOG’s latest balance sheet shows that the firm has $1.55B in Cash & Short Term Investments as of fiscal 2021. There were $807.75M in debt and $528.70M in liabilities at the time. Its Book Value Per Share was $5.50, while its Total Shareholder’s Equity was $1.04B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DDOG is Buy with a score of 4.23.

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