D.A. Davidson & CO. Buys 8,082 Shares of Datadog, Inc. $DDOG

D.A. Davidson & CO. boosted its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 203.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,052 shares of the company’s stock after purchasing an additional 8,082 shares during the quarter. D.A. Davidson & CO.’s holdings in Datadog were worth $1,423,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. JPL Wealth Management LLC acquired a new position in shares of Datadog during the third quarter valued at about $27,000. CoreCap Advisors LLC grew its position in 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 buying an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in Datadog during the fourth quarter worth about $31,000. NBC Securities Inc. increased its stake in Datadog by 242.6% during the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after acquiring an additional 165 shares during the period. Finally, Rothschild Investment LLC increased its stake in Datadog by 52.5% during the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after acquiring an additional 94 shares during the period. 78.29% of the stock is owned by institutional investors.

Insider Activity at Datadog

In related news, Director Amit Agarwal sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $267.41, for a total transaction of $5,348,200.00. Following the completion of the sale, the director directly owned 1,640 shares of the company’s stock, valued at $438,552.40. The trade was a 92.42% decrease in their ownership of the stock. The transaction 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, Director Michael James Callahan sold 12,500 shares of the business’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 transaction of $3,343,375.00. Following the sale, the director directly owned 14,996 shares of the company’s stock, valued at approximately $4,010,980.12. This trade represents a 45.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,396,309 shares of company stock worth $317,712,002 over the last 90 days. Insiders own 6.48% of the company’s stock.

Datadog Price Performance

Shares of DDOG stock opened at $245.77 on Thursday. The stock’s fifty day moving average is $239.79 and its 200-day moving average is $167.23. 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 has a market capitalization of $87.48 billion, a PE ratio of 646.78, a PEG ratio of 25.91 and a beta of 1.54. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $278.70.

Datadog (NASDAQ:DDOG) last released its earnings results 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. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm’s quarterly revenue was up 32.1% on a year-over-year basis. 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. Equities research analysts expect that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DDOG has been the subject of a number of research reports. Citizens Jmp raised their price objective on Datadog from $225.00 to $311.00 and gave the stock a “market outperform” rating in a research report on Monday. Stifel Nicolaus set a $305.00 price objective on Datadog in a research report on Thursday, May 7th. Monness Crespi & Hardt upped their target price on Datadog from $255.00 to $270.00 in a research note on Thursday, May 7th. Piper Sandler reaffirmed an “overweight” rating and issued a $275.00 target price (up from $230.00) on shares of Datadog in a research report on Wednesday, June 10th. Finally, Benchmark lifted their price target on shares of Datadog from $260.00 to $330.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $261.68.

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.