Emerald Advisers LLC grew its holdings in shares of Datadog, Inc. (NASDAQ:DDOG – Free Report) by 49.8% during the first quarter, Holdings Channel reports. The firm owned 10,151 shares of the company’s stock after purchasing an additional 3,375 shares during the period. Emerald Advisers LLC’s holdings in Datadog were worth $1,198,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of DDOG. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of Datadog in the 1st quarter valued at $289,000. State of Michigan Retirement System increased its position in Datadog by 0.7% during the first quarter. State of Michigan Retirement System now owns 85,800 shares of the company’s stock worth $10,129,000 after buying an additional 600 shares during the last quarter. Chicago Partners Investment Group LLC raised its holdings in Datadog by 32.1% during the first quarter. Chicago Partners Investment Group LLC now owns 6,314 shares of the company’s stock valued at $745,000 after buying an additional 1,536 shares in the last quarter. LGT Fund Management Co Ltd. acquired a new stake in shares of Datadog in the first quarter worth about $4,764,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Datadog by 1.0% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 76,469 shares of the company’s stock valued at $9,027,000 after acquiring an additional 769 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on the company. UBS Group boosted their target price on Datadog from $195.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Benchmark upped their price objective on shares of Datadog from $260.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Canadian Imperial Bank of Commerce lifted their target price on shares of Datadog from $250.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Weiss Ratings cut shares of Datadog from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, June 29th. Finally, Daiwa Securities Group raised their price target on Datadog from $190.00 to $240.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Datadog presently has an average rating of “Moderate Buy” and a consensus price target of $244.73.
Insider Activity
In other Datadog news, CEO Olivier Pomel sold 127,141 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $199.84, for a total value of $25,407,857.44. Following the completion of the transaction, the chief executive officer owned 835,679 shares of the company’s stock, valued at $167,002,091.36. This represents a 13.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 completion of the sale, the director owned 39,235 shares of the company’s stock, valued at $9,760,883.30. This represents a 75.36% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,459,533 shares of company stock valued at $325,887,030. Corporate insiders own 6.48% of the company’s stock.
Datadog News Summary
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Recent commentary highlighted Datadog as a strong long-term growth stock, citing its solid revenue trends and continued relevance in cloud monitoring and observability. Why Datadog (DDOG) is a Top Growth Stock for the Long-Term
- Positive Sentiment: Another market note compared Datadog’s revenue trends favorably versus peers, reinforcing the view that the company still has room to grow as demand for cloud observability and security tools remains healthy. DigitalOcean vs. Datadog: What the Revenue Trends of These Tech Companies Reveal for Investors
- Neutral Sentiment: Datadog has also been getting more attention from investors and stock screeners, which can add to trading momentum but does not by itself change fundamentals. Here is What to Know Beyond Why Datadog, Inc. (DDOG) is a Trending Stock
- Neutral Sentiment: MarketBeat noted that Datadog’s latest quarterly results were strong, with revenue and EPS beating expectations and guidance still pointing to growth, supporting the stock’s elevated valuation.
- Negative Sentiment: Director Amit Agarwal disclosed another sale of 20,000 shares, worth about $5.35 million, under a pre-arranged 10b5-1 plan. While routine, repeated insider selling can weigh on investor sentiment. Datadog (NASDAQ:DDOG) Director Sells $5,348,200.00 in Stock
Datadog Stock Performance
NASDAQ DDOG opened at $270.73 on Wednesday. The company’s fifty day moving average is $231.61 and its two-hundred day moving average is $162.12. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $278.70. 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 firm has a market capitalization of $96.37 billion, a price-to-earnings ratio of 712.47, a P/E/G ratio of 26.46 and a beta of 1.54.
Datadog (NASDAQ:DDOG – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same quarter in the prior year, the business earned $0.46 earnings per share. The firm’s revenue for the quarter was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Equities research analysts forecast that Datadog, Inc. will post 0.64 EPS for the current year.
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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