Datadog, Inc. (NASDAQ:DDOG) has seen 3,313,926 shares traded in the recent trading session. The company, currently valued at $24.8 Billion, closed the recent trade at $82.82 per share which meant it lost -$1.6 on the day or -1.98% during that session. The DDOG stock price is -12.29% off its 52-week high price of $93 and 66.74% above the 52-week low of $27.55. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.88 Million shares traded. The 3-month trading volume is 4.78 Million shares.
Datadog, Inc. (NASDAQ:DDOG) trade information
Despite being -4% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 23 when the DDOG stock price touched $93.00- or saw a rise of 12.52%. Year-to-date, Datadog, Inc. shares have moved 115.34%, while the 5-day performance has seen it change -8.6%. Over the past 30 days, the shares of Datadog, Inc. (NASDAQ:DDOG) have changed 14.15%. Short interest in the company has seen 9.29 Million shares shorted with days to cover at 1.94.
Datadog, Inc. (DDOG) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0% over the past 5 years. Earnings growth for 2020 is a modest -51.8% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Datadog, Inc. (NASDAQ:DDOG)’s Major holders
Insiders own 1.59% of the company shares, while shares held by institutions stand at 50.31% with a share float percentage of 51.12%. Investors are also buoyed by the number of investors in a company, with Datadog, Inc. having a total of 238 institutions that hold shares in the company. The top two institutional holders are Price (T.Rowe) Associates Inc with over 22.74 Million shares worth more than $818.34 Million. As of March 30, 2020, Price (T.Rowe) Associates Inc held 12.92% of shares outstanding.
The other major institutional holder is Whale Rock Capital Management LLC, with the holding of over 6.48 Million shares as of March 30, 2020. The firm’s total holdings are worth over $233.12 Million and represent 3.68% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Price (T.Rowe) Growth Stock Fund Inc. and Price (T.Rowe) New Horizons Fund. As of March 30, 2020, the former fund manager holds about 2.05% shares in the company for having 3606282 shares of worth $129.75 Million while later fund manager owns 2.4 Million shares of worth $90.73 Million as of December 30, 2019, which makes it owner of about 1.36% of company’s outstanding stock.