Stratos Wealth Partners LTD. Sells 161 Shares of Datadog, Inc. $DDOG

Stratos Wealth Partners LTD. lowered its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 4.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,604 shares of the company’s stock after selling 161 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Datadog were worth $484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Interchange Capital Partners LLC bought a new stake in Datadog during the second quarter valued at about $42,000. Generali Asset Management SPA SGR boosted its position in Datadog by 1.2% during the second quarter. Generali Asset Management SPA SGR now owns 10,797 shares of the company’s stock valued at $1,450,000 after purchasing an additional 131 shares in the last quarter. J.Safra Asset Management Corp boosted its position in Datadog by 22.5% during the second quarter. J.Safra Asset Management Corp now owns 2,061 shares of the company’s stock valued at $272,000 after purchasing an additional 379 shares in the last quarter. Bayforest Capital Ltd boosted its position in Datadog by 3.7% during the second quarter. Bayforest Capital Ltd now owns 4,177 shares of the company’s stock valued at $561,000 after purchasing an additional 150 shares in the last quarter. Finally, Sagespring Wealth Partners LLC bought a new stake in Datadog during the second quarter valued at about $363,000. Institutional investors own 78.29% of the company’s stock.

Insiders Place Their Bets

In other news, Director Amit Agarwal sold 45,444 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $150.08, for a total value of $6,820,235.52. Following the sale, the director directly owned 1,640 shares of the company’s stock, valued at $246,131.20. This represents a 96.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Olivier Pomel sold 63,939 shares of the company’s stock in a transaction on Thursday, October 9th. The shares were sold at an average price of $165.02, for a total transaction of $10,551,213.78. Following the completion of the sale, the chief executive officer directly owned 533,358 shares in the company, valued at $88,014,737.16. This trade represents a 10.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,491,232 shares of company stock worth $202,904,731. Company insiders own 8.70% of the company’s stock.

Analyst Upgrades and Downgrades

DDOG has been the topic of a number of recent research reports. BTIG Research raised their price objective on Datadog from $169.00 to $184.00 and gave the company a “buy” rating in a research report on Wednesday. Stifel Nicolaus raised their price objective on Datadog from $120.00 to $135.00 and gave the company a “hold” rating in a research report on Thursday, June 26th. Oppenheimer raised their price target on Datadog from $165.00 to $195.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Capital One Financial raised their price target on Datadog from $149.00 to $179.00 in a report on Thursday, October 16th. Finally, Cantor Fitzgerald raised their price target on Datadog from $171.00 to $179.00 and gave the stock an “overweight” rating in a report on Thursday, August 7th. Twenty-six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $163.97.

Datadog Price Performance

Shares of NASDAQ DDOG opened at $156.59 on Friday. Datadog, Inc. has a 52 week low of $81.63 and a 52 week high of $170.08. The business’s 50 day moving average price is $142.56 and its 200 day moving average price is $128.85. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.31. The firm has a market cap of $54.61 billion, a P/E ratio of 447.41, a P/E/G ratio of 60.33 and a beta of 1.21.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.41 by $0.05. The business had revenue of $826.76 million during the quarter, compared to analysts’ expectations of $791.72 million. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The business’s quarterly revenue was up 28.1% compared to the same quarter last year. During the same period in the previous year, the business 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. On average, sell-side analysts expect that Datadog, Inc. will post 0.34 earnings per share for the current year.

Datadog Company 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.