KG&L Capital Management LLC Purchases 222 Shares of Datadog, Inc. $DDOG

KG&L Capital Management LLC increased its stake in Datadog, Inc. (NASDAQ:DDOG) by 6.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,643 shares of the company’s stock after buying an additional 222 shares during the quarter. KG&L Capital Management LLC’s holdings in Datadog were worth $489,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. OVERSEA CHINESE BANKING Corp Ltd lifted its position in Datadog by 887.0% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company’s stock worth $25,000 after buying an additional 22,646 shares during the last quarter. Cornerstone Planning Group LLC lifted its position in Datadog by 96.9% in the first quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock worth $30,000 after buying an additional 154 shares during the last quarter. Costello Asset Management INC bought a new stake in Datadog in the first quarter worth $30,000. Opal Wealth Advisors LLC bought a new stake in Datadog in the first quarter worth $37,000. Finally, Center for Financial Planning Inc. lifted its position in Datadog by 1,189.7% in the first quarter. Center for Financial Planning Inc. now owns 374 shares of the company’s stock worth $37,000 after buying an additional 345 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors.

Datadog Trading Up 1.8%

Shares of NASDAQ:DDOG opened at $139.07 on Friday. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $170.08. The company has a market capitalization of $48.50 billion, a PE ratio of 397.35, a PEG ratio of 55.06 and a beta of 1.10. The business has a 50 day moving average of $136.33 and a two-hundred day moving average of $121.91. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31.

Datadog (NASDAQ:DDOG) last announced its earnings results on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.05. The business had revenue of $826.76 million during the quarter, compared to the consensus estimate of $791.72 million. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The business’s quarterly revenue was up 28.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.43 EPS. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. As a group, analysts forecast that Datadog, Inc. will post 0.34 EPS for the current year.

Insider Transactions at Datadog

In related news, CTO Alexis Le-Quoc sold 55,352 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $133.83, for a total transaction of $7,407,758.16. Following the completion of the sale, the chief technology officer directly owned 438,885 shares in the company, valued at approximately $58,735,979.55. The trade was a 11.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Amit Agarwal sold 44,444 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $138.34, for a total value of $6,148,382.96. Following the sale, the director owned 1,640 shares of the company’s stock, valued at $226,877.60. The trade was a 96.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,337,175 shares of company stock valued at $176,025,977 in the last three months. 8.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Citigroup raised their price target on Datadog from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Monday, August 18th. UBS Group set a $165.00 target price on Datadog and gave the stock a “buy” rating in a research report on Thursday, August 7th. Wolfe Research upgraded Datadog from a “peer perform” rating to an “outperform” rating and set a $150.00 target price for the company in a research report on Thursday, June 12th. Morgan Stanley lifted their target price on Datadog from $115.00 to $165.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 10th. Finally, Barclays set a $170.00 target price on Datadog and gave the stock an “overweight” rating in a research report on Thursday, August 7th. Twenty-four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $153.10.

Datadog Profile

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.