Categories: Insider Trading News

Datadog director Amit Agarwal sells $3.49 million in inventory


Along with his direct holdings, Agarwal additionally retains oblique possession of shares by household trusts and his partner, as detailed within the submitting. Based mostly on present analyst consensus, the inventory has worth targets starting from $128 to $230, reflecting blended market sentiment about its valuation ranges. Based mostly on present analyst consensus, the inventory has worth targets starting from $128 to $230, reflecting blended market sentiment about its valuation ranges.

Along with his direct holdings, Agarwal additionally retains oblique possession of shares by household trusts and his partner, as detailed within the submitting. Based mostly on present analyst consensus, the inventory has worth targets starting from $128 to $230, reflecting blended market sentiment about its valuation ranges.

Along with his direct holdings, Agarwal additionally retains oblique possession of shares by household trusts and his partner, as detailed within the submitting.

In different current information, Datadog (NASDAQ:DDOG) has reported a 26% year-over-year income enhance, reaching $690 million. TD Cowen analysts maintained a Purchase ranking on Datadog, with a gentle goal of $165, predicting a powerful fourth quarter for the corporate. Guggenheim, nonetheless, maintains a impartial place on Datadog, citing the corporate’s present valuation and potential dangers related to its steering. In the meantime, Morgan Stanley (NYSE:MS) has downgraded Datadog’s inventory to Equal-weight, indicating a balanced risk-reward state of affairs.

UBS maintains a Purchase ranking on Datadog, elevating its worth goal to $175 from $150, emphasizing the corporate’s long-term development alternatives. Loop Capital additionally maintains a Purchase ranking, projecting a big Free Money Movement of $7.9 billion by FY34. These are current developments indicating rising confidence in Datadog’s long-term development prospects.

Along with these rankings, Datadog has expanded its Board of Administrators with the appointment of Amit Agarwal. This transfer additional underscores the corporate’s dedication to development and strategic development.

This text was generated with the assist of AI and reviewed by an editor. For extra data see our T&C.

admin

Share
Published by
admin

Recent Posts

Biotech king Evans lands $50m injection for Ellipses most cancers medicine

Sir Christopher Evans, the famend British biotech entrepreneur, is near touchdown $50m (£37m) in funding…

2 minutes ago

Thames disaster underlines scale of water trade turnaround process

As an impartial assessment units out a imaginative and prescient for cleansing up the water…

4 hours ago

Chinese language group Jingye hires attorneys to get well British Metal money

The Chinese language proprietor of British Metal has employed a number one Metropolis regulation agency…

5 hours ago

Financial institution of England governor Andrew Bailey seems earlier than MPs

Financial institution of England governor Andrew Bailey faces questions from MPs

7 hours ago

KKR deserted Thames Water rescue regardless of No 10 talks with Kravis

The funding big lined as much as rescue Thames Water deserted its supply days after…

7 hours ago

Thames Water survival hopes endure recent blow

The non-public fairness agency that had been the frontrunner to steer a rescue of the…

9 hours ago