Check Out What Whales Are Doing With DDOG
Portfolio Pulse from Benzinga Insights
Investors with significant capital have shown a bullish stance on Datadog (NASDAQ:DDOG), as evidenced by 11 uncommon options trades. The sentiment is split with 54% bullish and 36% bearish. The major market movers are focusing on a price band between $115.0 and $135.0. Datadog's stock is currently down by -6.09% at $122.81, with an RSI suggesting it may be approaching overbought. Analysts have mixed ratings with a consensus target price of $157.0.
July 17, 2024 | 2:32 pm
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Datadog has seen significant options activity with a split sentiment of 54% bullish and 36% bearish. The stock is currently down by -6.09% at $122.81, with a consensus target price of $157.0 from analysts.
The significant options activity, particularly the higher value of call options compared to puts, indicates a bullish sentiment among big-money investors. Despite the current price drop, the consensus target price from analysts suggests potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100