71 West Capital Partners Buys Shares of 78,667 Datadog, Inc. $DDOG

71 West Capital Partners bought a new stake in shares of Datadog, Inc. (NASDAQ:DDOG) during the 4th quarter, Holdings Channel reports. The firm bought 78,667 shares of the company’s stock, valued at approximately $10,698,000.

Several other hedge funds and other institutional investors have also bought and sold shares of DDOG. Rothschild Investment LLC lifted its stake in Datadog by 126.6% during the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after acquiring an additional 100 shares during the period. JPL Wealth Management LLC bought a new position in Datadog during the 3rd quarter valued at about $27,000. CoreCap Advisors LLC lifted its stake in Datadog by 1,461.5% during the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after acquiring an additional 190 shares during the period. Flagship Harbor Advisors LLC bought a new position in Datadog during the 4th quarter valued at about $31,000. Finally, NBC Securities Inc. lifted its stake in Datadog by 242.6% during the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after acquiring an additional 165 shares during the period. Institutional investors own 78.29% of the company’s stock.

Insider Activity at Datadog

In other Datadog news, CRO Sean Michael Walters sold 11,876 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $231.02, for a total transaction of $2,743,593.52. Following the sale, the executive owned 258,420 shares in the company, valued at approximately $59,700,188.40. This trade represents a 4.39% decrease in their position. The transaction 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 Titilope Cole sold 5,131 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $247.87, for a total transaction of $1,271,820.97. Following the sale, the director owned 1,216 shares in the company, valued at approximately $301,409.92. The trade was a 80.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,221,989 shares of company stock worth $247,443,046 in the last 90 days. Insiders own 6.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on DDOG shares. New Street Research set a $260.00 target price on shares of Datadog in a research note on Thursday. Scotiabank upped their target price on shares of Datadog from $160.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Citigroup cut shares of Datadog from an “outperform” rating to a “neutral” rating in a research note on Monday. Robert W. Baird set a $210.00 price objective on shares of Datadog in a research note on Friday, May 8th. Finally, Truist Financial upgraded shares of Datadog from a “hold” rating to a “buy” rating and increased their price objective for the stock from $190.00 to $300.00 in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $234.14.

More Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Truist Financial upgraded Datadog from hold to buy and raised its price target to $300 from $190, citing additional upside from the company’s growth outlook. Truist Just Upgraded Datadog Stock. Here’s Why.
• Positive Sentiment: Coverage highlighted Datadog’s expanding AI observability, cloud monitoring, and security businesses, noting that demand is broadening and still supporting strong revenue growth and cash generation. Datadog (DDOG): AI Observability Push Shows Why Cloud Monitoring Demand Is Broadening
• Positive Sentiment: Datadog’s Dash conference news was seen as constructive after the company unveiled 100+ new AI and security features, strengthening its position as a control layer for AI and cloud workloads and supporting the recent guidance increase. How Datadog’s Dash AI and Security Expansion Will Impact Datadog (DDOG) Investors
• Neutral Sentiment: The stock has also drawn attention from valuation-focused commentary, which said Datadog looks somewhat rich after a strong run. That could temper enthusiasm, even though momentum remains strong. Datadog (DDOG) Stock Valuation Looks Slightly Rich After Strong Momentum
• Negative Sentiment: Company insider Sean Michael Walters sold shares in a pre-arranged Rule 10b5-1 plan. While routine, insider selling can sometimes be viewed as a mild caution signal by investors. Insider trade details

Datadog Price Performance

Shares of NASDAQ:DDOG opened at $233.09 on Tuesday. The firm’s 50 day moving average price is $180.54 and its 200-day moving average price is $147.82. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $278.70. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $82.97 billion, a PE ratio of 613.41, a price-to-earnings-growth ratio of 24.62 and a beta of 1.56.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. During the same quarter last year, the business earned $0.46 EPS. The firm’s revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Equities research analysts expect that Datadog, Inc. will post 0.61 EPS for the current year.

Datadog Profile

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.