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Datadog General Counsel Acocella Kerry Sells 18013 Shares at $139.96/share, $133.85/share.
ByAinvest
Wednesday, Sep 3, 2025 6:15 pm ET1min read
Datadog, Inc. (DDOG) has disclosed that Acocella Kerry, General Counsel and Secretary, has executed a transaction involving the sale of 12,971 shares at a price of $139.96 per share on August 29, 2025, and a subsequent sale of 5,142 shares at a price of $133.85 per share on September 2, 2025.
Datadog, Inc. (DDOG) has experienced significant insider activity in recent weeks, with the company's General Counsel and Secretary, Acocella Kerry, executing two transactions involving the sale of shares. On August 29, 2025, Kerry sold 12,971 shares at a price of $139.96 per share. Subsequently, on September 2, 2025, she sold an additional 5,142 shares at a price of $133.85 per share [1].These transactions have led to a notable decrease in Kerry's ownership stake in the company. The total number of shares sold by Kerry amounts to 18,113, which represents a reduction in her holding. The total value of the shares sold is approximately $2,568,852.36, based on the average selling price of the transactions.
This insider activity follows a pattern of significant shifts in ownership among key executives and directors. For instance, CEO Olivier Pomel sold 107,365 shares on June 9, 2025, and Director Matthew Jacobson sold 575,863 shares on August 26, 2025, both resulting in substantial decreases in their respective ownership stakes [1].
Institutional investors have also been active in Datadog's stock. The Canada Pension Plan Investment Board increased its stake in Datadog by 76.5% during the first quarter, while several other large investors, such as Oversea Chinese Banking Corp Ltd and Cornerstone Planning Group LLC, have also made notable purchases in the company's stock [1].
Analysts have given Datadog a consensus rating of "Moderate Buy" with a consensus target price of $153.10, reflecting a mix of positive and neutral views on the company's prospects [1].
References:
[1] https://www.marketbeat.com/instant-alerts/filing-datadog-inc-ddog-stock-position-lifted-by-canada-pension-plan-investment-board-2025-09-01/
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