Ashe Capital Management LP Reduces Stake in Datadog, Inc. $DDOG

Ashe Capital Management LP decreased its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 2.6% during the first quarter, HoldingsChannel reports. The firm owned 736,493 shares of the company’s stock after selling 20,000 shares during the period. Datadog comprises 10.9% of Ashe Capital Management LP’s portfolio, making the stock its 5th largest holding. Ashe Capital Management LP’s holdings in Datadog were worth $86,943,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. JPL Wealth Management LLC purchased a new stake in shares of Datadog in the 3rd quarter worth approximately $27,000. CoreCap Advisors LLC increased its holdings in Datadog by 1,461.5% during the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after buying an additional 190 shares during the period. Flagship Harbor Advisors LLC purchased a new position in Datadog during the fourth quarter valued at approximately $31,000. NBC Securities Inc. raised its stake in Datadog by 242.6% in the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after buying an additional 165 shares in the last quarter. Finally, Rothschild Investment LLC raised its stake in Datadog by 52.5% in 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. Institutional investors own 78.29% of the company’s stock.

Insider Buying and Selling at Datadog

In other news, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction on Monday, June 1st. The shares were sold at an average price of $271.05, for a total transaction of $14,612,847.60. Following the completion of the sale, the chief technology officer directly owned 531,311 shares in the company, valued at approximately $144,011,846.55. The trade was a 9.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $248.78, for a total transaction of $29,853,600.00. Following the sale, the director directly owned 39,235 shares in the company, valued at $9,760,883.30. This trade represents a 75.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,396,309 shares of company stock worth $317,712,002 in the last three months. 6.48% of the stock is owned by company insiders.

Datadog Price Performance

Shares of DDOG stock opened at $246.86 on Friday. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The firm has a market capitalization of $87.87 billion, a price-to-earnings ratio of 649.65, a PEG ratio of 25.10 and a beta of 1.54. 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 stock’s 50-day simple moving average is $241.40 and its 200-day simple moving average is $168.56.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter was up 32.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. As a group, equities analysts forecast that Datadog, Inc. will post 0.64 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have weighed in on DDOG. Wells Fargo & Company upped their target price on Datadog from $230.00 to $295.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. Wolfe Research reissued an “outperform” rating and issued a $295.00 price target on shares of Datadog in a research report on Thursday, June 11th. Robert W. Baird set a $210.00 price target on Datadog in a research report on Friday, May 8th. Morgan Stanley cut Datadog from an “overweight” rating to a “hold” rating in a research note on Tuesday. Finally, TD Cowen raised their price objective on Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Datadog presently has an average rating of “Moderate Buy” and a consensus target price of $261.68.

Datadog Company 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.