Elevation Point Wealth Partners LLC Increases Holdings in Datadog, Inc. $DDOG

Elevation Point Wealth Partners LLC raised its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 81.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,657 shares of the company’s stock after buying an additional 2,084 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in Datadog were worth $550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sound Income Strategies LLC raised its position in shares of Datadog by 70.7% during the first quarter. Sound Income Strategies LLC now owns 884 shares of the company’s stock valued at $105,000 after buying an additional 366 shares during the last quarter. Heritage Investors Management Corp boosted its position in shares of Datadog by 51.5% during the first quarter. Heritage Investors Management Corp now owns 112,653 shares of the company’s stock worth $13,299,000 after acquiring an additional 38,272 shares during the last quarter. Root Financial Partners LLC grew its stake in Datadog by 50.4% during the first quarter. Root Financial Partners LLC now owns 719 shares of the company’s stock valued at $85,000 after acquiring an additional 241 shares in the last quarter. USS Investment Management Ltd grew its stake in Datadog by 3.4% during the first quarter. USS Investment Management Ltd now owns 56,158 shares of the company’s stock valued at $6,629,000 after acquiring an additional 1,829 shares in the last quarter. Finally, IFM Investors Pty Ltd increased its holdings in Datadog by 2.2% in the 1st quarter. IFM Investors Pty Ltd now owns 59,049 shares of the company’s stock valued at $6,971,000 after acquiring an additional 1,290 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

More Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Analysts remain broadly constructive on Datadog after its last earnings report topped expectations, with revenue above estimates and management’s FY2026 outlook reinforcing confidence in continued growth.
• Positive Sentiment: Benchmark raised its price target on Datadog to a Street-high $330 and kept a Buy rating, citing strong execution and customer momentum in the company’s product-led growth business. Benchmark Lifts PT on Datadog (DDOG), Remains Bullish
• Positive Sentiment: Datadog’s acquisition of Adaptive ML and its broader AI investment plans are keeping the stock in focus as investors look for upside from AI-enabled observability and automation. Datadog (DDOG): The Best High Growth Cybersecurity Stock to Buy Now
• Positive Sentiment: Zacks upgraded Datadog to a Strong Buy, signaling improving near-term earnings sentiment that could support additional buying interest. Datadog (DDOG) Moves to Strong Buy: Rationale Behind the Upgrade
• Neutral Sentiment: Several insiders disclosed pre-arranged Rule 10b5-1 stock sales, including directors Amit Agarwal and Michael James Callahan, which may weigh on sentiment but do not necessarily indicate a change in fundamentals. SEC filing
• Negative Sentiment: Bernstein downgraded Datadog to Market Perform, warning that growth could slow and that investor expectations may be running ahead of near-term fundamentals. This Analyst Just Downgraded Datadog Stock. Here’s Why.
• Negative Sentiment: Bernstein also flagged a possible “Q4 problem” for Datadog’s AI growth story, raising concern that the stock’s sharp run-up may leave little room for disappointment. Datadog in spotlight as Bernstein downgrades, citing upcoming ‘caution’

Datadog Trading Up 1.7%

DDOG opened at $261.09 on Thursday. Datadog, Inc. has a one year low of $98.01 and a one year high of $278.70. The stock has a market cap of $92.94 billion, a price-to-earnings ratio of 687.10, a P/E/G ratio of 26.11 and a beta of 1.54. The stock’s 50 day moving average price is $221.33 and its 200-day moving average price is $158.62. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business’s revenue was up 32.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.46 earnings per share. 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 forecast that Datadog, Inc. will post 0.64 EPS for the current year.

Insider Buying and Selling at Datadog

In related news, CTO Alexis Le-Quoc sold 43,224 shares of Datadog stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $220.97, for a total transaction of $9,551,207.28. Following the transaction, the chief technology officer directly owned 509,805 shares of the company’s stock, valued at $112,651,610.85. This trade represents a 7.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael James Callahan sold 12,500 shares of Datadog stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $267.47, for a total value of $3,343,375.00. Following the completion of the transaction, the director owned 14,996 shares in the company, valued at $4,010,980.12. This trade represents a 45.46% decrease in their position. 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 a total of 1,405,621 shares of company stock worth $309,070,507 over the last quarter. Insiders own 6.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on DDOG shares. Wall Street Zen upgraded shares of Datadog from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Monness Crespi & Hardt lifted their price objective on Datadog from $255.00 to $270.00 in a research note on Thursday, May 7th. BMO Capital Markets reaffirmed an “outperform” rating and set a $260.00 price objective on shares of Datadog in a report on Friday, June 12th. Robert W. Baird set a $210.00 target price on Datadog in a research report on Friday, May 8th. Finally, TD Cowen raised their target price on shares of Datadog from $235.00 to $260.00 and gave the company a “buy” rating in a report on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $244.73.

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.