Earned Wealth Advisors LLC lifted its stake in Datadog, Inc. (NASDAQ:DDOG – Free Report) by 52.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 7,473 shares of the company’s stock after acquiring an additional 2,563 shares during the quarter. Earned Wealth Advisors LLC’s holdings in Datadog were worth $882,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Meeder Advisory Services Inc. boosted its position in shares of Datadog by 1.7% during the first quarter. Meeder Advisory Services Inc. now owns 7,473 shares of the company’s stock worth $882,000 after buying an additional 128 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Datadog by 5.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 637,015 shares of the company’s stock valued at $75,192,000 after buying an additional 30,241 shares during the period. Parallel Advisors LLC lifted its stake in Datadog by 12.5% during the 1st quarter. Parallel Advisors LLC now owns 9,730 shares of the company’s stock worth $1,149,000 after acquiring an additional 1,082 shares in the last quarter. SEB Asset Management AB acquired a new position in Datadog during the 1st quarter worth about $8,706,000. Finally, Swiss National Bank boosted its holdings in Datadog by 7.8% during the 1st quarter. Swiss National Bank now owns 907,300 shares of the company’s stock valued at $107,107,000 after acquiring an additional 65,800 shares during the period. Hedge funds and other institutional investors own 78.29% of the company’s stock.
Insider Buying and Selling at Datadog
In related news, Director Michael James Callahan sold 112,500 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $231.60, for a total transaction of $26,055,000.00. Following the completion of the sale, the director owned 14,996 shares in the company, valued at $3,473,073.60. The trade was a 88.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David M. Obstler sold 75,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $231.69, for a total transaction of $17,376,750.00. Following the sale, the chief financial officer directly owned 434,591 shares in the company, valued at approximately $100,690,388.79. The trade was a 14.72% 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 quarter, insiders sold 1,439,533 shares of company stock worth $323,367,430. Corporate insiders own 6.48% of the company’s stock.
Trending Headlines about Datadog
- Positive Sentiment: JMP Securities raised its price target to $311 from $225 and kept an Outperform-style rating, saying infrastructure software looks stronger than applications and that Datadog has been a standout performer in its coverage. Why Datadog (DDOG) Stock Is Trading Up Today
- Positive Sentiment: Wells Fargo increased its target to $295 from $230 and reiterated an Overweight rating, suggesting more upside from current levels. Datadog Price Target Raised by Wells Fargo
- Positive Sentiment: Oppenheimer lifted its target to $300 from $220 and maintained an Outperform rating, adding to the wave of upbeat analyst calls. Datadog Price Target Raised by Oppenheimer
- Positive Sentiment: Another report said Citizens JMP raised Datadog’s target to $311 from $225, implying further confidence in the stock’s run after its strong year-to-date performance. Datadog Price Target Raised by Citizens JMP
- Neutral Sentiment: One comparison piece argued that Penguin is the better AI infrastructure buy than Datadog because of faster growth, AI momentum, and a lower valuation, which may temper enthusiasm but does not appear to be a direct catalyst. PENG vs. DDOG: Which AI Infrastructure Stock Is the Better Buy Now?
Datadog Price Performance
Datadog stock opened at $263.20 on Tuesday. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. The company has a fifty day simple moving average of $237.89 and a 200-day simple moving average of $165.62. The stock has a market cap of $93.69 billion, a P/E ratio of 692.65, a price-to-earnings-growth ratio of 26.30 and a beta of 1.54. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $278.70.
Datadog (NASDAQ:DDOG – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating 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 firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same quarter in the prior year, the company posted $0.46 earnings per share. Datadog’s revenue for the quarter 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. Equities analysts expect that Datadog, Inc. will post 0.64 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several research firms have weighed in on DDOG. Sanford C. Bernstein downgraded Datadog from an “outperform” rating to a “market perform” rating and lifted their target price for the company from $180.00 to $226.00 in a research report on Monday, July 6th. Rosenblatt Securities increased their price target on shares of Datadog from $178.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Robert W. Baird set a $210.00 price objective on shares of Datadog in a research note on Friday, May 8th. Royal Bank Of Canada restated an “outperform” rating and issued a $280.00 price objective on shares of Datadog in a report on Thursday. Finally, Bank of America raised their price target on shares of Datadog from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Two investment analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, three have issued a Hold rating and one has 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 $256.80.
View Our Latest Stock Report on DDOG
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.
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