Burney Co. Decreases Position in Datadog, Inc. $DDOG

Burney Co. lessened its holdings in Datadog, Inc. (NASDAQ:DDOG) by 45.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 2,681 shares of the company’s stock after selling 2,253 shares during the quarter. Burney Co.’s holdings in Datadog were worth $316,000 as of its most recent SEC filing.

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

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Needham reportedly reiterated a Buy rating and raised its price target, adding to the bullish analyst tone around Datadog’s cloud and AI growth prospects. Article link
• Positive Sentiment: Zacks Research upgraded Datadog from “hold” to “strong-buy,” reinforcing expectations that analysts see more upside ahead. Article link
• Positive Sentiment: Market commentary highlighted Datadog as one of several internet stocks with solid upside potential, citing AI-led growth, cloud demand, and enterprise adoption. Article link
• Positive Sentiment: Recent coverage emphasized Datadog’s AI-driven momentum, including revenue above $1 billion, record new logo bookings, and new AI-focused product launches that could support long-term growth. Article link
• Neutral Sentiment: Several articles focused on whether Datadog’s strong run and AI enthusiasm have already been priced in, with some analysts noting the stock still looks expensive on sales despite fair value on cash flow. Article link
• Neutral Sentiment: Datadog’s short-interest update showed no meaningful short position data change, so it does not appear to be a major trading driver.
• Negative Sentiment: One report noted insider selling, with Amit Agarwal disposing of 20,000 shares, which can add some caution around near-term sentiment. Article link

Insider Activity

In related news, Director Michael James Callahan sold 12,500 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was 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 directly owned 14,996 shares of the company’s stock, valued at $4,010,980.12. This represents a 45.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Kerry Acocella sold 5,371 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $233.91, for a total transaction of $1,256,330.61. Following the completion of the transaction, the general counsel owned 127,866 shares in the company, valued at $29,909,136.06. This represents a 4.03% 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 have sold 1,459,533 shares of company stock valued at $322,938,830 over the last 90 days. Insiders own 6.48% of the company’s stock.

Datadog Stock Down 4.3%

Datadog stock opened at $257.54 on Friday. The stock has a market cap of $91.67 billion, a PE ratio of 677.75, a P/E/G ratio of 27.35 and a beta of 1.54. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The stock’s fifty day moving average is $226.55 and its two-hundred day moving average is $160.21. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $278.70.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $960.12 million. During the same period in the prior year, the firm posted $0.46 EPS. The business’s quarterly 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. On average, sell-side analysts expect that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have weighed in on DDOG. Stifel Nicolaus set a $305.00 price target on Datadog in a report on Thursday, May 7th. Morgan Stanley upgraded Datadog from an “overweight” rating to an “overweight” rating in a research note on Monday, June 15th. New Street Research set a $260.00 price objective on Datadog in a research report on Thursday, June 11th. Truist Financial upgraded shares of Datadog from a “hold” rating to a “buy” rating and upped their target price for the stock from $190.00 to $300.00 in a research note on Monday, June 15th. Finally, Evercore raised their target price on shares of Datadog from $225.00 to $265.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. Two analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $244.73.

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.