Datadog, Inc. $DDOG Shares Sold by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC cut its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 43.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,999 shares of the company’s stock after selling 3,821 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Datadog were worth $590,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Nomura Asset Management Co. Ltd. raised its stake in shares of Datadog by 8.0% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company’s stock valued at $20,762,000 after buying an additional 11,348 shares during the last quarter. MUFG Securities EMEA plc grew its stake in shares of Datadog by 115.6% during the 4th quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company’s stock worth $1,814,000 after purchasing an additional 7,154 shares during the period. Norges Bank purchased a new position in shares of Datadog during the 4th quarter valued at approximately $469,461,000. BNP Paribas raised its position in shares of Datadog by 18.4% in the fourth quarter. BNP Paribas now owns 41,280 shares of the company’s stock worth $5,614,000 after acquiring an additional 6,403 shares during the period. Finally, Patton Fund Management Inc. raised its holdings in Datadog by 1,964.8% in the 4th quarter. Patton Fund Management Inc. now owns 38,550 shares of the company’s stock worth $5,242,000 after purchasing an additional 36,683 shares during the period. 78.29% of the stock is owned by institutional investors and hedge funds.

Datadog Trading Up 8.5%

Shares of Datadog stock opened at $239.77 on Friday. The firm has a market capitalization of $85.35 billion, a price-to-earnings ratio of 630.99, a PEG ratio of 25.29 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, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The stock has a 50 day moving average of $200.60 and a 200 day moving average of $152.22.

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

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on DDOG shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $226.00 price objective on shares of Datadog in a report on Thursday, June 11th. Bank of America boosted their target price on shares of Datadog from $260.00 to $280.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Rothschild & Co Redburn assumed coverage on shares of Datadog in a research report on Thursday, April 23rd. They set a “buy” rating and a $170.00 price target for the company. Scotiabank boosted their price objective on Datadog from $225.00 to $275.00 and gave the stock an “outperform” rating in a research note on Thursday, June 18th. Finally, Wall Street Zen raised Datadog from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. One research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Datadog has an average rating of “Moderate Buy” and a consensus price target of $242.09.

Insiders Place Their Bets

In other Datadog news, Director Amit Agarwal sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $220.92, for a total value of $4,418,400.00. Following the completion of the transaction, the director owned 1,640 shares of the company’s stock, valued at $362,308.80. This trade represents a 92.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 43,224 shares of Datadog stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $220.97, for a total value of $9,551,207.28. Following the completion of the transaction, the chief technology officer owned 509,805 shares of the company’s stock, valued at $112,651,610.85. The trade was a 7.82% 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. In the last three months, insiders sold 1,455,364 shares of company stock valued at $306,341,930. Insiders own 6.48% of the company’s stock.

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.