1,769 Shares in Datadog, Inc. $DDOG Bought by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC purchased a new position in shares of Datadog, Inc. (NASDAQ:DDOG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,769 shares of the company’s stock, valued at approximately $238,000.

Other institutional investors have also recently made changes to their positions in the company. Motley Fool Asset Management LLC grew its position in Datadog by 149.0% in the 1st quarter. Motley Fool Asset Management LLC now owns 38,132 shares of the company’s stock worth $3,783,000 after purchasing an additional 22,818 shares in the last quarter. LBP AM SA grew its holdings in shares of Datadog by 40.2% in the first quarter. LBP AM SA now owns 419,805 shares of the company’s stock valued at $41,649,000 after acquiring an additional 120,343 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Datadog by 24.7% in the first quarter. Envestnet Asset Management Inc. now owns 787,344 shares of the company’s stock valued at $78,112,000 after acquiring an additional 156,152 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in shares of Datadog by 178.6% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 91,046 shares of the company’s stock valued at $9,032,000 after acquiring an additional 58,369 shares in the last quarter. Finally, Mizuho Markets Americas LLC bought a new position in shares of Datadog in the first quarter valued at approximately $15,526,000. Institutional investors own 78.29% of the company’s stock.

Datadog Price Performance

DDOG opened at $162.81 on Friday. The company has a market capitalization of $56.78 billion, a price-to-earnings ratio of 465.18, a PEG ratio of 63.70 and a beta of 1.21. 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 50-day moving average price of $146.02 and a 200-day moving average price of $132.11. Datadog, Inc. has a twelve month low of $81.63 and a twelve month high of $170.08.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.41 by $0.05. The company had revenue of $826.76 million during the quarter, compared to the consensus estimate of $791.72 million. Datadog had a net margin of 4.13% and a return on equity of 5.04%. Datadog’s revenue for the quarter was up 28.1% on a year-over-year basis. During the same period last year, the firm earned $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. Equities analysts expect that Datadog, Inc. will post 0.34 EPS for the current year.

Insider Transactions at Datadog

In other Datadog news, CTO Alexis Le-Quoc sold 55,352 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $133.83, for a total value of $7,407,758.16. Following the completion of the transaction, the chief technology officer owned 438,885 shares in the company, valued at $58,735,979.55. This trade represents a 11.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Matthew Jacobson sold 575,863 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $126.96, for a total value of $73,111,566.48. Following the completion of the transaction, the director owned 219,831 shares of the company’s stock, valued at approximately $27,909,743.76. This represents a 72.37% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,491,232 shares of company stock valued at $202,944,249. 8.70% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on DDOG shares. BMO Capital Markets upped their price objective on Datadog from $150.00 to $154.00 and gave the company an “outperform” rating in a research note on Monday, September 29th. BTIG Research increased their price target on shares of Datadog from $169.00 to $184.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Weiss Ratings restated a “sell (d+)” rating on shares of Datadog in a research report on Wednesday, October 8th. Robert W. Baird set a $165.00 target price on shares of Datadog in a research report on Wednesday. Finally, Capital One Financial increased their target price on shares of Datadog from $149.00 to $179.00 in a research report on Thursday, October 16th. Twenty-six investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Datadog currently has an average rating of “Moderate Buy” and an average target price of $165.13.

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.