10 Trending AI Stocks on Wall Street’s Radar

4. Datadog Inc (NASDAQ:DDOG

Number of Hedge Fund Holders: 83

Datadog Inc (NASDAQ:DDOG) is a software-as-a-service platform designed for cloud applications. Industries use Datadog’s technology for cloud migration, collaboration, other market applications such as user behavior insights and business metrics monitoring.

According to a March 7 filing, Datadog Chief Executive Officer Olivier Pomel sold 107,365 Class A common shares in the company, with an aggregate market value of nearly $12 million. Following the transaction, Pomel now holds nearly 317.3 million shares in the company. Records also show that the CEO has been offloading Class A common stocks in the company over the past three months, including its disposal last Dec. 9, 2024, which fetched more than $15 million.