12,000 Shares in Datadog, Inc. $DDOG Acquired by PKO Investment Management Joint Stock Co

PKO Investment Management Joint Stock Co bought a new stake in Datadog, Inc. (NASDAQ:DDOG) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 12,000 shares of the company’s stock, valued at approximately $1,709,000.

Several other institutional investors and hedge funds have also bought and sold shares of DDOG. Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Datadog by 5.2% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 10,505 shares of the company’s stock worth $1,496,000 after purchasing an additional 518 shares in the last quarter. First Horizon Corp acquired a new position in Datadog during the 3rd quarter valued at about $86,000. MGO One Seven LLC raised its stake in Datadog by 16.6% in the third quarter. MGO One Seven LLC now owns 4,086 shares of the company’s stock valued at $582,000 after buying an additional 583 shares during the last quarter. Citizens Financial Group Inc. RI acquired a new stake in Datadog in the third quarter worth about $2,310,000. Finally, Aspiriant LLC purchased a new stake in shares of Datadog during the third quarter worth about $570,000. 78.29% of the stock is owned by hedge funds and other institutional investors.

Datadog Price Performance

Shares of NASDAQ DDOG opened at $126.57 on Tuesday. The stock has a market capitalization of $44.38 billion, a price-to-earnings ratio of 408.29, a price-to-earnings-growth ratio of 23.26 and a beta of 1.26. Datadog, Inc. has a 52 week low of $81.63 and a 52 week high of $201.69. The firm has a 50-day simple moving average of $153.96 and a 200-day simple moving average of $146.81. The company has a quick ratio of 3.66, a current ratio of 3.66 and a debt-to-equity ratio of 0.29.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.10. Datadog had a net margin of 3.32% and a return on equity of 4.14%. The company had revenue of $885.65 million during the quarter, compared to the consensus estimate of $852.77 million. During the same quarter in the prior year, the firm earned $0.46 EPS. Datadog’s quarterly revenue was up 28.4% on a year-over-year basis. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS and its Q4 2025 guidance at 0.54-0.56 EPS. On average, equities analysts predict that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently commented on DDOG shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Datadog in a research report on Wednesday, October 8th. Scotiabank increased their target price on shares of Datadog from $150.00 to $217.00 and gave the stock a “sector outperform” rating in a research note on Friday, November 7th. BMO Capital Markets boosted their price objective on Datadog from $154.00 to $215.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Bank of America increased their target price on Datadog from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Finally, Wall Street Zen raised shares of Datadog from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Thirty-two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $198.82.

Insiders Place Their Bets

In other Datadog news, CEO Olivier Pomel sold 100,754 shares of Datadog stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $181.18, for a total transaction of $18,254,609.72. Following the completion of the sale, the chief executive officer directly owned 533,358 shares in the company, valued at $96,633,802.44. This trade represents a 15.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $197.99, for a total transaction of $10,674,036.88. Following the completion of the transaction, the chief technology officer owned 395,661 shares in the company, valued at approximately $78,336,921.39. This represents a 11.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,074,988 shares of company stock valued at $193,329,916 over the last 90 days. 8.70% of the stock is owned by company insiders.

Datadog Company Profile

Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company’s product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.