Datadog, Inc. $DDOG Shares Acquired by Ethic Inc.

Ethic Inc. grew its holdings in Datadog, Inc. (NASDAQ:DDOG) by 26.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,809 shares of the company’s stock after purchasing an additional 4,770 shares during the period. Ethic Inc.’s holdings in Datadog were worth $3,013,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of DDOG. Brighton Jones LLC acquired a new position in shares of Datadog in the 4th quarter valued at $209,000. Bison Wealth LLC acquired a new position in shares of Datadog in the 4th quarter valued at $228,000. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Datadog by 12.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 17,422 shares of the company’s stock valued at $1,728,000 after purchasing an additional 1,916 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Datadog by 32.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 8,226 shares of the company’s stock valued at $816,000 after purchasing an additional 2,012 shares during the last quarter. Finally, State of Alaska Department of Revenue lifted its stake in shares of Datadog by 316.8% in the 1st quarter. State of Alaska Department of Revenue now owns 7,236 shares of the company’s stock valued at $717,000 after purchasing an additional 5,500 shares during the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on DDOG shares. Barclays set a $170.00 price target on Datadog and gave the company an “overweight” rating in a research note on Thursday, August 7th. BTIG Research boosted their price objective on Datadog from $169.00 to $184.00 and gave the company a “buy” rating in a report on Wednesday. Canaccord Genuity Group boosted their price objective on Datadog from $145.00 to $160.00 and gave the company a “buy” rating in a report on Friday, August 8th. Wells Fargo & Company assumed coverage on Datadog in a report on Tuesday, September 30th. They issued an “overweight” rating and a $190.00 price objective on the stock. Finally, Oppenheimer boosted their price objective on Datadog from $165.00 to $195.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Twenty-six analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $163.97.

Insider Activity at Datadog

In other Datadog news, Director Shardul Shah sold 7,916 shares of the company’s stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $162.58, for a total transaction of $1,286,983.28. Following the sale, the director owned 364,449 shares in the company, valued at $59,252,118.42. This represents a 2.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Amit Agarwal sold 45,444 shares of the company’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $150.08, for a total value of $6,820,235.52. Following the sale, the director owned 1,640 shares in the company, valued at approximately $246,131.20. This trade represents a 96.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,502,427 shares of company stock worth $204,632,679 over the last quarter. 8.70% of the stock is currently owned by insiders.

Datadog Price Performance

Shares of NASDAQ DDOG opened at $156.47 on Friday. The stock’s 50-day moving average is $143.14 and its two-hundred day moving average is $129.33. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.43 and a quick ratio of 3.43. Datadog, Inc. has a 1-year low of $81.63 and a 1-year high of $170.08. The company has a market cap of $54.57 billion, a price-to-earnings ratio of 447.07, a price-to-earnings-growth ratio of 61.27 and a beta of 1.21.

Datadog (NASDAQ:DDOG) last issued its quarterly 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. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The company had revenue of $826.76 million for the quarter, compared to the consensus estimate of $791.72 million. During the same quarter in the prior year, the business earned $0.43 EPS. Datadog’s revenue was up 28.1% on a year-over-year basis. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. Analysts forecast that Datadog, Inc. will post 0.34 EPS for the current fiscal 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.