Prospera Financial Services Inc Has $374,000 Holdings in Datadog, Inc. $DDOG

Prospera Financial Services Inc cut its position in Datadog, Inc. (NASDAQ:DDOGFree Report) by 44.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,749 shares of the company’s stock after selling 2,212 shares during the quarter. Prospera Financial Services Inc’s holdings in Datadog were worth $374,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Westside Investment Management Inc. grew its stake in Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after buying an additional 75 shares during the last quarter. Rothschild Investment LLC grew its stake in Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after buying an additional 100 shares during the last quarter. Physician Wealth Advisors Inc. grew its stake in Datadog by 315.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 145 shares during the last quarter. JPL Wealth Management LLC acquired a new position in Datadog in the 3rd quarter valued at $27,000. Finally, Hazlett Burt & Watson Inc. acquired a new stake in Datadog in the 3rd quarter worth $28,000. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Datadog

In other news, CTO Alexis Le-Quoc sold 43,224 shares of Datadog stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $208.04, for a total transaction of $8,992,320.96. Following the sale, the chief technology officer directly owned 531,311 shares in the company, valued at approximately $110,533,940.44. The trade was a 7.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Amit Agarwal sold 20,000 shares of Datadog stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $200.13, for a total transaction of $4,002,600.00. Following the sale, the director owned 1,640 shares in the company, valued at approximately $328,213.20. This trade represents a 92.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 848,198 shares of company stock worth $135,415,163 in the last 90 days. 6.48% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on DDOG shares. Bank of America raised their price target on shares of Datadog from $225.00 to $260.00 in a research report on Thursday. BMO Capital Markets raised their price target on shares of Datadog from $165.00 to $220.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. CICC Research raised their price target on shares of Datadog from $150.00 to $204.00 in a research report on Monday, May 11th. Wedbush raised their price target on shares of Datadog from $190.00 to $220.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Finally, Barclays raised their price target on shares of Datadog from $148.00 to $215.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $219.69.

Read Our Latest Stock Report on DDOG

Trending Headlines about Datadog

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Datadog Price Performance

Shares of Datadog stock opened at $247.35 on Monday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The firm’s 50-day simple moving average is $154.21 and its 200-day simple moving average is $142.67. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $249.81. The firm has a market cap of $88.05 billion, a P/E ratio of 650.94, a price-to-earnings-growth ratio of 26.41 and a beta of 1.56.

Datadog (NASDAQ:DDOGGet Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same period in the previous year, the business earned $0.46 EPS. The firm’s revenue was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, research analysts expect that Datadog, Inc. will post 0.61 EPS for the current fiscal year.

Datadog Profile

(Free Report)

Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company’s product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.

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Institutional Ownership by Quarter for Datadog (NASDAQ:DDOG)

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