Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Datadog CEO Olivier Pomel Sells 47,054 Shares for $11.1 Million

Pomel exercised stock options under a pre-arranged Rule 10b5-1 trading plan, reducing his direct holdings by 7% while retaining over 612,000 shares and 8.7 million derivative securities.

Datadog CEO Olivier Pomel recently sold 47,054 shares of the company's stock, resulting in a transaction value of $11.1 million. The weighted average sale price per share was $235.49, while the post-transaction market value at the close of trading on Aug. 19, 2026, was $233.52. Datadog, a prominent cloud-based observability platform, reported $4.0 billion in revenue for the trailing twelve months and boasts a market capitalization of $83.5 billion.

The company's stock has shown impressive growth, up by 81.04% over the past year, fueled by expanding adoption of its comprehensive observability suite. Datadog's unique value proposition stems from its capacity to integrate multiple essential operations—infrastructure monitoring, application performance management, log analytics, and security—into a single platform, providing end-to-end visibility for cloud-native enterprises.

Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at fool.com →

More in Finance & Markets

More from Monday 24 August →