Alexis Le-quoc, the Chief Technology Officer of Datadog Inc (DDOG, Financial), executed a sale of 127,105 shares in the company on January 10, 2024, according to a recent SEC Filing. This transaction has been part of a series of sales by the insider over the past year, with a cumulative total of 1,085,368 shares sold and no shares purchased.
Datadog Inc is a cloud-based monitoring and analytics platform that provides full-stack observability for technology stacks, applications, and business outcomes. The company's platform integrates and automates infrastructure monitoring, application performance monitoring, and log management to provide real-time observability of customers' entire technology stack.
The insider transaction history for Datadog Inc indicates a trend of insider sales, with a total of 92 insider sells and no insider buys over the past year.
On the valuation front, Datadog Inc's shares were trading at $120.08 on the day of the insider's recent sale, resulting in a market cap of $40.412 billion. The stock's price-to-GF-Value ratio stands at 0.63, suggesting that Datadog Inc is significantly undervalued according to the GF Value estimate of $189.17.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is derived from historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
