Hel Ved Capital Management Ltd Buys 15,410 Shares of Datadog, Inc. $DDOG

Hel Ved Capital Management Ltd increased its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 97.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 31,230 shares of the company’s stock after acquiring an additional 15,410 shares during the period. Datadog makes up about 1.1% of Hel Ved Capital Management Ltd’s holdings, making the stock its 23rd biggest position. Hel Ved Capital Management Ltd’s holdings in Datadog were worth $4,195,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of Datadog by 887.0% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company’s stock valued at $25,000 after buying an additional 22,646 shares in the last quarter. Costello Asset Management INC purchased a new position in Datadog during the first quarter valued at $30,000. Interchange Capital Partners LLC purchased a new stake in shares of Datadog during the second quarter valued at approximately $42,000. Ameritas Advisory Services LLC purchased a new position in Datadog in the 2nd quarter worth about $55,000. Finally, True Wealth Design LLC lifted its holdings in shares of Datadog by 679.1% during the 2nd quarter. True Wealth Design LLC now owns 522 shares of the company’s stock valued at $70,000 after buying an additional 455 shares during the period. Institutional investors own 78.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Scotiabank upped their price target on Datadog from $150.00 to $217.00 and gave the stock a “sector outperform” rating in a research report on Friday, November 7th. JPMorgan Chase & Co. lifted their price objective on Datadog from $140.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 7th. TD Cowen increased their price target on shares of Datadog from $180.00 to $235.00 and gave the company a “buy” rating in a report on Friday, November 7th. Wells Fargo & Company boosted their price objective on shares of Datadog from $190.00 to $230.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Finally, Monness Crespi & Hardt increased their price target on Datadog from $160.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. Thirty-one investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $207.38.

Datadog Stock Performance

Shares of DDOG stock opened at $158.99 on Wednesday. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $201.69. The business’s fifty day simple moving average is $159.68 and its 200-day simple moving average is $141.36. The company has a current ratio of 3.66, a quick ratio of 3.66 and a debt-to-equity ratio of 0.29. The company has a market cap of $55.75 billion, a PE ratio of 512.87, a PEG ratio of 35.96 and a beta of 1.20.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, November 6th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $852.77 million. During the same quarter in the previous year, the firm earned $0.46 EPS. Datadog’s revenue was up 28.4% compared to the same quarter last year. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS. Q4 2025 guidance at 0.54-0.56 EPS. Analysts expect that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Michael James Callahan sold 12,500 shares of Datadog stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $187.47, for a total transaction of $2,343,375.00. Following the completion of the transaction, the director directly owned 12,496 shares of the company’s stock, valued at $2,342,625.12. The trade was a 50.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Shardul Shah sold 7,916 shares of the company’s stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $162.58, for a total transaction of $1,286,983.28. Following the completion of the transaction, the director owned 364,449 shares of the company’s stock, valued at approximately $59,252,118.42. This trade represents a 2.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,388,750 shares of company stock valued at $238,336,716 over the last 90 days. Company insiders own 8.70% of the company’s stock.

Datadog Profile

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.