Datadog CTO Alexis Le-Quoc sells $14.75m in shares
Datadog's Chief Technology Officer and Director, Alexis Le-Quoc, sold $14.75 million worth of the company's Class A common stock on October 7, 2026, through a pre-arranged 10b5-1 trading plan. The sales, which involved 53,912 shares, occurred at prices between $270.85 and $280.60 per share, and left him with 488,033 shares. Despite the sales, Datadog's stock is near its 52-week high of $294 and has gained 85% over the past year, though InvestingPro analysis suggests the stock is currently overvalued.
Analyst firms have recently given Datadog positive ratings, with Yorkville Ives, FBN Securities, Wedbush, and Mizuho all initiating coverage with Outperform ratings and varying price targets.
Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.