Asset Management One Co. Ltd. Buys 6,320 Shares of Datadog, Inc. $DDOG

Asset Management One Co. Ltd. increased its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 5.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 115,560 shares of the company’s stock after purchasing an additional 6,320 shares during the period. Asset Management One Co. Ltd.’s holdings in Datadog were worth $15,523,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in shares of Datadog by 887.0% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company’s stock valued at $25,000 after purchasing an additional 22,646 shares in the last quarter. Cornerstone Planning Group LLC boosted its stake in shares of Datadog by 96.9% during the first quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock valued at $30,000 after purchasing an additional 154 shares in the last quarter. Costello Asset Management INC bought a new position in shares of Datadog during the first quarter valued at approximately $30,000. Interchange Capital Partners LLC bought a new position in shares of Datadog during the second quarter valued at approximately $42,000. Finally, Ameritas Advisory Services LLC bought a new position in shares of Datadog during the second quarter valued at approximately $55,000. 78.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on DDOG shares. Monness Crespi & Hardt increased their price objective on shares of Datadog from $160.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, August 7th. TD Cowen increased their price objective on shares of Datadog from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Needham & Company LLC reissued a “buy” rating and set a $175.00 target price on shares of Datadog in a research report on Thursday, August 14th. Weiss Ratings reissued a “sell (d+)” rating on shares of Datadog in a research report on Friday. Finally, Scotiabank reissued an “outperform” rating on shares of Datadog in a research report on Friday, August 8th. Twenty-six analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $163.97.

Insiders Place Their Bets

In other Datadog news, CEO Olivier Pomel sold 63,939 shares of the firm’s stock in a transaction on Thursday, October 9th. The shares were sold at an average price of $165.02, for a total value of $10,551,213.78. Following the completion of the transaction, the chief executive officer owned 533,358 shares of the company’s stock, valued at approximately $88,014,737.16. This trade represents a 10.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Amit Agarwal sold 45,444 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $150.08, for a total transaction of $6,820,235.52. Following the completion of the transaction, the director directly owned 1,640 shares of the company’s stock, valued at approximately $246,131.20. This represents a 96.52% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,491,232 shares of company stock valued at $202,944,249. Corporate insiders own 8.70% of the company’s stock.

Datadog Trading Down 0.1%

NASDAQ:DDOG opened at $156.47 on Monday. Datadog, Inc. has a 52 week low of $81.63 and a 52 week high of $170.08. The firm has a 50 day moving average of $143.14 and a 200 day moving average of $129.84. 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 stock has a market capitalization of $54.57 billion, a price-to-earnings ratio of 447.07, a PEG ratio of 61.22 and a beta of 1.21.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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% on a year-over-year basis. During the same quarter last year, the company posted $0.43 earnings per share. 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, sell-side analysts anticipate that Datadog, Inc. will post 0.34 earnings per share 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.