Berger Financial Group Inc Makes New $5.61 Million Investment in Datadog, Inc. $DDOG

Berger Financial Group Inc acquired a new position in shares of Datadog, Inc. (NASDAQ:DDOG) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 47,494 shares of the company’s stock, valued at approximately $5,607,000.

Other large investors have also modified their holdings of the company. JPL Wealth Management LLC purchased a new position in Datadog in the third quarter valued at $27,000. CoreCap Advisors LLC raised its position in Datadog by 1,461.5% in the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after purchasing an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in Datadog in the 4th quarter valued at about $31,000. NBC Securities Inc. boosted its stake in shares of Datadog by 242.6% in the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after buying an additional 165 shares during the period. Finally, Rothschild Investment LLC grew its position in shares of Datadog by 52.5% during the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after buying an additional 94 shares in the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on DDOG shares. Guggenheim raised their target price on shares of Datadog from $175.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, May 7th. KeyCorp raised shares of Datadog from an “overweight” rating to an “overweight” rating in a research report on Monday, June 15th. Bank of America raised their price objective on shares of Datadog from $260.00 to $280.00 and gave the company a “buy” rating in a report on Monday, June 8th. Rothschild & Co Redburn initiated coverage on shares of Datadog in a research report on Thursday, April 23rd. They set a “buy” rating and a $170.00 price objective for the company. Finally, Stifel Nicolaus set a $305.00 target price on shares of Datadog in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Datadog presently has an average rating of “Moderate Buy” and an average target price of $243.68.

Insider Buying and Selling

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $271.05, for a total transaction of $14,612,847.60. Following the transaction, the chief technology officer owned 531,311 shares of the company’s stock, valued at approximately $144,011,846.55. This trade represents a 9.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Dev Ittycheria sold 120,000 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $248.78, for a total value of $29,853,600.00. Following the transaction, the director directly owned 39,235 shares in the company, valued at approximately $9,760,883.30. The trade was a 75.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,467,864 shares of company stock valued at $311,427,105 over the last ninety days. Company insiders own 6.48% of the company’s stock.

Datadog Price Performance

Shares of NASDAQ:DDOG opened at $260.36 on Friday. The company has a market capitalization of $92.68 billion, a PE ratio of 685.18, a P/E/G ratio of 26.47 and a beta of 1.54. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $278.70. The firm has a 50 day simple moving average of $213.66 and a 200-day simple moving average of $156.00.

Datadog (NASDAQ:DDOG) last posted its earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company’s revenue was up 32.1% on a year-over-year basis. During the same period last year, the firm posted $0.46 EPS. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, equities analysts predict that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

About Datadog

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.