Phoenix Financial Ltd. bought a new position in shares of Datadog, Inc. (NASDAQ:DDOG – Free Report) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 3,660 shares of the company’s stock, valued at approximately $498,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Elevation Point Wealth Partners LLC boosted its stake in shares of Datadog by 3.3% during the 3rd quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock worth $242,000 after acquiring an additional 55 shares during the period. Chicago Partners Investment Group LLC boosted its stake in shares of Datadog by 1.6% during the 4th quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock worth $622,000 after acquiring an additional 73 shares during the period. Vivaldi Capital Management LP boosted its stake in shares of Datadog by 2.8% during the 3rd quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock worth $383,000 after acquiring an additional 74 shares during the period. Westside Investment Management Inc. boosted its stake in shares of Datadog by 74.3% during the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after acquiring an additional 75 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in shares of Datadog by 2.0% during the 4th quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock worth $529,000 after acquiring an additional 78 shares during the period. 78.29% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on DDOG shares. Benchmark reissued a “buy” rating on shares of Datadog in a report on Thursday, May 7th. Oppenheimer lifted their price target on Datadog from $200.00 to $220.00 in a report on Thursday, May 7th. TD Cowen lifted their price target on Datadog from $190.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Weiss Ratings reissued a “sell (d+)” rating on shares of Datadog in a report on Monday, April 20th. Finally, Citizens Jmp raised Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 price target for the company in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.
Datadog Price Performance
Shares of NASDAQ DDOG opened at $207.98 on Friday. The stock has a market capitalization of $74.03 billion, a PE ratio of 547.33, a P/E/G ratio of 71.95 and a beta of 1.30. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The business has a fifty day moving average price of $135.18 and a two-hundred day moving average price of $139.09. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $211.28.
Datadog (NASDAQ:DDOG – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.09. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.46 EPS. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, equities analysts predict that Datadog, Inc. will post 0.35 earnings per share for the current fiscal year.
Insider Buying and Selling at Datadog
In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $125.49, for a total value of $6,765,416.88. Following the completion of the transaction, the chief technology officer directly owned 437,257 shares of the company’s stock, valued at $54,871,380.93. The trade was a 10.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Matthew Jacobson sold 52,832 shares of Datadog stock in a transaction on Friday, May 8th. The shares were sold at an average price of $189.28, for a total value of $10,000,040.96. Following the completion of the transaction, the director directly owned 622,726 shares of the company’s stock, valued at $117,869,577.28. This represents a 7.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 842,739 shares of company stock valued at $121,023,123 in the last three months. Corporate insiders own 6.48% of the company’s stock.
Datadog 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.
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