Mather Group LLC. boosted its position in Datadog, Inc. (NASDAQ:DDOG – Free Report) by 9,929.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 63,187 shares of the company’s stock after acquiring an additional 62,557 shares during the period. Mather Group LLC.’s holdings in Datadog were worth $17,304,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. First Pacific Financial boosted its holdings in shares of Datadog by 9,533.3% during the third quarter. First Pacific Financial now owns 289 shares of the company’s stock worth $79,000 after purchasing an additional 286 shares during the period. Fortitude Family Office LLC grew its stake in shares of Datadog by 142.3% in the third quarter. Fortitude Family Office LLC now owns 584 shares of the company’s stock worth $160,000 after purchasing an additional 343 shares during the last quarter. Western Financial Corp CA bought a new stake in shares of Datadog in the third quarter worth about $2,967,000. Triumph Capital Management grew its stake in shares of Datadog by 28,455.9% in the third quarter. Triumph Capital Management now owns 9,709 shares of the company’s stock worth $2,659,000 after purchasing an additional 9,675 shares during the last quarter. Finally, Sanders Morris Harris LLC purchased a new position in Datadog during the 3rd quarter valued at about $3,344,000. Institutional investors own 78.29% of the company’s stock.
Analyst Ratings Changes
Several research firms have weighed in on DDOG. Wells Fargo & Company increased their price objective on Datadog from $230.00 to $295.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. BTIG Research boosted their target price on Datadog from $255.00 to $289.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. FBN Securities started coverage on Datadog in a research note on Friday, October 2nd. They set an “outperform” rating and a $325.00 target price on the stock. Jefferies Financial Group restated a “hold” rating and set a $300.00 target price on shares of Datadog in a report on Sunday. Finally, Barclays raised their price target on Datadog from $290.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $280.51.
Insider Buying and Selling at Datadog
In other news, CFO David Obstler sold 10,000 shares of the stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $241.25, for a total value of $2,412,500.00. Following the completion of the transaction, the chief financial officer owned 368,067 shares of the company’s stock, valued at approximately $88,796,163.75. This represents a 2.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Kerry Acocella sold 5,280 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $228.85, for a total value of $1,208,328.00. Following the completion of the transaction, the general counsel directly owned 115,243 shares of the company’s stock, valued at $26,373,360.55. This represents a 4.38% 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 90 days, insiders sold 991,988 shares of company stock worth $241,440,796. Insiders own 6.48% of the company’s stock.
Datadog Price Performance
Shares of NASDAQ DDOG opened at $269.33 on Thursday. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $300.68. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. The company’s 50-day moving average is $245.68 and its 200 day moving average is $220.01. The stock has a market capitalization of $96.71 billion, a P/E ratio of 549.66, a P/E/G ratio of 27.65 and a beta of 1.51.
Datadog (NASDAQ:DDOG – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the prior year, the firm earned $0.46 earnings per share. Datadog’s revenue was up 35.6% on a year-over-year basis. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. On average, sell-side analysts expect that Datadog, Inc. will post 0.70 earnings per share for the current year.
About Datadog
Datadog, Inc is a software company that provides a cloud-based monitoring, observability and security platform. Its services help organizations collect, analyze and visualize data from applications, infrastructure, networks, databases and other technology environments, enabling them to identify performance issues, manage incidents and improve digital services.
The company’s product offerings include infrastructure monitoring, application performance monitoring, log management, database and network monitoring, real user and synthetic experience monitoring, cloud security, software supply chain security, incident management and workflow automation.
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