--- title: Datadog Cofounder Le-Quoc Sells $9M DDOG After Raise type: news slug: datadog-le-quoc-may-2026-ddog-sale-after-guidance-raise canonical_url: https://13finsight.com/news/datadog-le-quoc-may-2026-ddog-sale-after-guidance-raise published_at: 2026-05-23T03:29:10.986Z updated_at: 2026-05-23T03:29:13.476Z author: Alex Rivera author_title: Breaking News Editor author_url: https://13finsight.com/authors/alex-rivera word_count: 811 locale: en source: 13F Insight --- # Datadog Cofounder Le-Quoc Sells $9M DDOG After Raise > Datadog co-founder and CTO Alexis Le-Quoc sold roughly $9 million of DDOG on May 18, 2026, just weeks after the company posted its first billion-dollar quarter and lifted its 2026 revenue outlook on AI observability demand. Datadog just had the best quarter in its history, and one of its founders used the moment to take a little off the table. On May 18, 2026, co-founder and chief technology officer Alexis Le-Quoc sold roughly $9 million of DDOG stock, executing seven open-market lots at prices between about $204 and $210. The sale came weeks after Datadog crossed $1 billion in quarterly revenue for the first time and raised its full-year 2026 outlook on the back of accelerating AI observability demand. The dollar figure is modest by founder standards, and the position behind it stayed largely intact. After the May 18 transactions, Le-Quoc still held roughly 573,000 DDOG shares — a stake worth well over $115 million at the sale price. This is a CTO trimming, not exiting, and reading the Le-Quoc trading history alongside Datadog's results is the only way to weigh the signal honestly. What the Form 4 shows The May 18 filing (accession 0001561550-26-000151, viewable on SEC EDGAR) records a conversion (code C) followed by seven open-market sale lots (code S) totaling 43,224 shares for approximately $9.0 million. The prices walk down from about $210 to $204, the footprint of a single order worked across the session rather than a rushed liquidation. Le-Quoc is classified as both an officer and a director but not a greater-than-10% owner, and the roughly 573,000 shares remaining after the sale confirm it was a partial trim. The pattern is familiar for a founder of a high-multiple growth company: convert and sell on a schedule, monetize a slice of equity compensation, and keep the bulk of the position. Nothing in the recent record points to a discretionary bearish call — there is no plan termination, governance event, or guidance cut to give the timing a darker read. Selling into a billion-dollar quarter The business backdrop is about as strong as it gets for a software name. Datadog reported first-quarter 2026 revenue of $1,006 million, up 32% year over year — its first-ever billion-dollar quarter — with net income of about $52.6 million, adjusted earnings of $0.60 per share, and $289 million of free cash flow. The company then raised its full-year 2026 revenue guidance to a range of $4.30 billion to $4.34 billion, up from a prior $4.06 billion to $4.10 billion, and lifted adjusted EPS guidance to $2.36-$2.44. AI is the throughline. Management said roughly 20% of customers now use AI integrations, rolled out products like GPU Monitoring and a Bits AI Security Agent, and pointed to new hyperscaler contracts tied to superintelligence-lab workloads — the kind of GPU-heavy AI training environments that generate enormous observability telemetry. The customer base expanded to 33,200, with high-value customers up about 20.7% year over year. Against that, a $9 million founder sale reads as routine diversification near a high, not a verdict on the franchise. Who owns the other side Datadog's institutional register is dominated by the large index complexes. BlackRock leads the 13F holder list, followed by Vanguard Capital Management, Vanguard Portfolio Management, State Street, FMR (Fidelity), and index specialist Geode Capital Management. Most of that ownership is mechanical index exposure that scales with DDOG's weight in software and growth benchmarks rather than an active call on the AI observability thesis. The full institutional breakdown lives on the DDOG holder page, and Le-Quoc's filings sit on his insider profile. What to watch next Two markers will sharpen the picture. First, Datadog's second-quarter 2026 earnings report — typically released in early August — will test whether the raised $4.30-$4.34 billion full-year frame is tracking and whether the AI-integration adoption rate keeps climbing past 20% of customers. Second, the founder selling cadence: Le-Quoc has converted and sold on a recurring schedule, so a continuation at the May pace reads as routine, while an acceleration or a sale that meaningfully cuts the remaining ~573,000-share position would be the more telling deviation. The authoritative source for both remains the primary Form 4 filings. FAQ How much Datadog stock did Alexis Le-Quoc sell in May 2026?Le-Quoc sold 43,224 DDOG shares for roughly $9.0 million on May 18, 2026, across seven open-market lots priced between about $204 and $210, following a same-day share conversion. Does Alexis Le-Quoc still own Datadog shares?Yes. After the May 18 sale, Le-Quoc retained roughly 573,000 DDOG shares, a stake worth well over $115 million at the sale price. The sale was a partial trim, not an exit. Why is Datadog's co-founder selling after strong results?Datadog posted its first billion-dollar quarter and raised 2026 guidance on AI observability demand. Le-Quoc's $9 million sale follows a recurring convert-and-sell pattern consistent with diversification near a high rather than a change in conviction. What did Datadog report for Q1 2026?Revenue of $1,006 million, up 32% year over year — its first billion-dollar quarter — with adjusted EPS of $0.60 and raised full-year revenue guidance to $4.30-$4.34 billion. ## FAQ ### How much Datadog stock did Alexis Le-Quoc sell in May 2026? Le-Quoc sold 43,224 DDOG shares for roughly $9.0 million on May 18, 2026, across seven open-market lots priced between about $204 and $210, following a same-day share conversion. ### Does Alexis Le-Quoc still own Datadog shares? Yes. After the May 18 sale, Le-Quoc retained roughly 573,000 DDOG shares, a stake worth well over $115 million at the sale price. The sale was a partial trim, not an exit. ### Why is Datadog's co-founder selling after strong results? Datadog posted its first billion-dollar quarter and raised 2026 guidance on AI observability demand. Le-Quoc's $9 million sale follows a recurring convert-and-sell pattern consistent with diversification near a high rather than a change in conviction. ### What did Datadog report for Q1 2026? Revenue of $1,006 million, up 32% year over year — its first billion-dollar quarter — with adjusted EPS of $0.60 and raised full-year revenue guidance to $4.30-$4.34 billion. --- Source: 13F Insight — https://13finsight.com/news/datadog-le-quoc-may-2026-ddog-sale-after-guidance-raise Author: Alex Rivera — https://13finsight.com/authors/alex-rivera Last updated: 2026-05-23T03:29:13.476Z