2,295 Shares in Datadog, Inc. $DDOG Acquired by Birch Financial Group LLC

Birch Financial Group LLC acquired a new position in Datadog, Inc. (NASDAQ:DDOG) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,295 shares of the company’s stock, valued at approximately $271,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DDOG. JPL Wealth Management LLC acquired a new stake in shares of Datadog during the 3rd quarter worth approximately $27,000. CoreCap Advisors LLC increased its stake in shares of Datadog by 1,461.5% during the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after purchasing an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of Datadog during the fourth quarter valued at approximately $31,000. NBC Securities Inc. raised its stake in 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 purchasing an additional 165 shares during the last quarter. Finally, Rothschild Investment LLC raised its position in shares of Datadog by 52.5% in the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after buying an additional 94 shares during the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Datadog

In other news, Director Dev Ittycheria sold 120,000 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $248.78, for a total transaction of $29,853,600.00. Following the completion of the transaction, the director directly owned 39,235 shares of the company’s stock, valued at approximately $9,760,883.30. This represents a 75.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Michael James Callahan sold 112,500 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $231.60, for a total value of $26,055,000.00. Following the completion of the transaction, the director owned 14,996 shares of the company’s stock, valued at $3,473,073.60. The trade was a 88.24% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,392,140 shares of company stock worth $292,372,323 in the last three months. 6.48% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on DDOG shares. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Datadog in a report on Friday, June 12th. Canadian Imperial Bank of Commerce increased their target price on Datadog from $250.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Evercore raised their price target on shares of Datadog from $225.00 to $265.00 and gave the company an “outperform” rating in a research report on Wednesday, June 10th. Canaccord Genuity Group lifted their price objective on Datadog from $225.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. 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 given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $239.48.

Datadog Price Performance

Shares of DDOG opened at $221.37 on Tuesday. The firm has a 50-day simple moving average of $191.47 and a 200-day simple moving average of $150.17. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The company has a market capitalization of $78.80 billion, a price-to-earnings ratio of 582.57, a price-to-earnings-growth ratio of 23.88 and a beta of 1.56. 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 released 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 business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same quarter in the previous 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. On average, equities research analysts anticipate that Datadog, Inc. will post 0.61 earnings per share for the current year.

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.