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

‘Frequent error’ might go away 1000’s of girls out of pocket in pensions – with out realising

Hundreds of British girls may very well be lacking important sums from their pension as…

17 minutes ago

US Inventory Futures Drop on Considerations Over Economic system: Markets Wrap

(Bloomberg) -- US fairness futures dropped and Treasuries ticked larger as considerations concerning the well…

32 minutes ago

Cash weblog: £1,000 a day, preventing pirates and drunk purchasers who simply will not hear: What it is actually like being a bodyguard | Cash Information

Hundreds of girls might be lacking cash from pension attributable to 'frequent error' by employers…

2 hours ago

Former Financial institution of England governor Mark Carney named prime minister of Canada – succeeding Justin Trudeau

Former Financial institution of England governor Mark Carney has been named Canadian prime minister after…

3 hours ago

Drivers ‘confused’ by transition to electrical autos, ministers warned

UK drivers are "confused" by the nation's electrical automotive transition, ministers are being warned.Though most…

3 hours ago

Consultations for constructing set to be scrapped beneath proposed modifications

Elements of the planning system might be stripped away by the federal government in its…

4 hours ago