Mayflower Financial Advisors LLC acquired a new position in shares of Datadog, Inc. (NASDAQ:DDOG – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,124 shares of the company’s stock, valued at approximately $251,000.
Other large investors have also bought and sold shares of the company. Elevation Point Wealth Partners LLC grew its position in Datadog by 3.3% in the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock valued at $242,000 after acquiring an additional 55 shares during the last quarter. Chicago Partners Investment Group LLC lifted its stake in shares of Datadog by 1.6% in the 4th quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock valued at $622,000 after acquiring an additional 73 shares during the last quarter. Vivaldi Capital Management LP lifted its stake in shares of Datadog by 2.8% in the 3rd quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock valued at $383,000 after acquiring an additional 74 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings 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 valued at $529,000 after acquiring an additional 78 shares in the last quarter. Finally, Roberts Wealth Advisors LLC boosted its holdings in shares of Datadog by 0.6% during the 4th quarter. Roberts Wealth Advisors LLC now owns 14,041 shares of the company’s stock valued at $1,909,000 after acquiring an additional 81 shares in the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities analysts have issued reports on DDOG shares. Canadian Imperial Bank of Commerce upped their target price on Datadog from $250.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Mizuho lifted their price target on Datadog from $145.00 to $220.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Weiss Ratings downgraded Datadog from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday. Barclays raised their target price on Datadog from $215.00 to $260.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $250.00 target price on shares of Datadog in a report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $242.09.
Trending Headlines about Datadog
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Datadog announced it acquired Adaptive ML, a reinforcement-learning startup, to expand its AI research efforts and build out RLOps capabilities for enterprise AI agents and models. Datadog Acquires Adaptive ML to Accelerate Its Investment in AI Research and Development
- Positive Sentiment: Analyst coverage remains broadly constructive, with Bernstein reiterating an outperform rating and several other firms recently raising price targets, reinforcing investor confidence in Datadog’s growth outlook.
- Positive Sentiment: The stock has also benefited from broader strength in software names, with recent commentary highlighting Datadog as a possible winner as investors look past AI-disruption fears in SaaS.
- Neutral Sentiment: Recent insider sales by directors Michael James Callahan and Amit Agarwal were disclosed, but both were made under pre-arranged 10b5-1 trading plans, which makes them less likely to signal a change in fundamentals.
- Neutral Sentiment: Datadog’s latest earnings report was solid, with revenue and EPS both beating estimates and revenue growing 32.1% year over year, but this information is already well known and is not the main new catalyst today.
Insider Buying and Selling at Datadog
In other news, Director Dev Ittycheria sold 120,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $248.78, for a total value of $29,853,600.00. Following the transaction, the director owned 39,235 shares in the company, valued at $9,760,883.30. This trade represents a 75.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO David M. Obstler sold 75,000 shares of Datadog stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $231.69, for a total value of $17,376,750.00. Following the transaction, the chief financial officer directly owned 434,591 shares in the company, valued at approximately $100,690,388.79. The trade was a 14.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 1,467,864 shares of company stock worth $311,427,105. 6.48% of the stock is currently owned by corporate insiders.
Datadog Stock Performance
DDOG opened at $264.48 on Thursday. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $278.70. The company has a market cap of $94.14 billion, a price-to-earnings ratio of 696.02, a PEG ratio of 26.47 and a beta of 1.54. The company’s fifty day moving average price is $208.48 and its two-hundred day moving average price is $154.46. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25.
Datadog (NASDAQ:DDOG – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 3.69% and a return on equity of 4.83%. The business’s revenue was up 32.1% on a year-over-year basis. During the same period last year, the company earned $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, analysts expect that Datadog, Inc. will post 0.64 EPS for the current fiscal year.
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.
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