Crossmark Global Holdings Inc. Acquires 4,723 Shares of Datadog, Inc. $DDOG

Crossmark Global Holdings Inc. lifted its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 90.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,967 shares of the company’s stock after purchasing an additional 4,723 shares during the period. Crossmark Global Holdings Inc.’s holdings in Datadog were worth $1,355,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC raised its stake in shares of Datadog by 126.6% during the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after purchasing an additional 100 shares during the period. Physician Wealth Advisors Inc. raised its stake in shares of Datadog by 315.2% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after purchasing an additional 145 shares during the period. Westside Investment Management Inc. raised 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 purchasing an additional 75 shares during the period. JPL Wealth Management LLC bought a new stake in shares of Datadog during the 3rd quarter worth $27,000. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of Datadog during the 3rd quarter worth $28,000. 78.29% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on DDOG shares. Guggenheim lifted their target price on Datadog from $175.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Barclays lifted their price objective on Datadog from $148.00 to $215.00 and gave the stock an “overweight” rating in a report on Friday. Sanford C. Bernstein lifted their price objective on Datadog from $167.00 to $180.00 and gave the stock an “outperform” rating in a report on Friday. BMO Capital Markets lifted their price objective on Datadog from $165.00 to $220.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Finally, Needham & Company LLC lifted their price objective on Datadog from $155.00 to $225.00 and gave the stock a “buy” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Datadog currently has a consensus rating of “Moderate Buy” and a consensus target price of $212.19.

Key Stories Impacting Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog’s recent earnings report was well received, with revenue up 32.1% year over year to $1.01 billion and EPS of $0.60 beating expectations. Management also issued stronger-than-expected guidance, reinforcing the view that AI-driven demand and enterprise software spending remain healthy. DDOG Q1 Deep Dive: AI Adoption and Product Expansion Drive Strong Growth
• Positive Sentiment: Analyst sentiment remains constructive after earnings, with CICC Research raising its price target to $204 from $150 and other firms reiterating bullish views, suggesting Wall Street sees more upside in DDOG. MarketScreener
• Positive Sentiment: Several recent articles framed Datadog as a beneficiary of AI adoption rather than a victim of a SaaS slowdown, which is helping sentiment around the stock. Barchart
• Neutral Sentiment: Datadog announced upcoming presentations at two investor conferences, which keeps the company visible but does not materially change fundamentals by itself. Datadog to Present at Upcoming Investor Conference
• Negative Sentiment: Recent insider sales by directors and an executive, including Matthew Jacobson, Yanbing Li, Julie Richardson, and CRO Sean Michael Walters, may weigh on sentiment even though some of the trades were made under pre-arranged 10b5-1 plans. SEC filing

Datadog Stock Down 1.2%

Shares of NASDAQ DDOG opened at $199.94 on Wednesday. The firm has a market capitalization of $70.49 billion, a price-to-earnings ratio of 526.17, a PEG ratio of 69.99 and a beta of 1.30. The business has a 50-day moving average of $129.68 and a 200-day moving average of $137.93. 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, Inc. has a 12 month low of $98.01 and a 12 month high of $203.58.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.Datadog’s revenue for the quarter was up 32.1% on a year-over-year basis. During the same quarter in the prior year, the firm 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. Sell-side analysts expect that Datadog, Inc. will post 0.33 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Datadog news, CRO Sean Michael Walters sold 7,657 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $188.50, for a total value of $1,443,344.50. Following the completion of the sale, the executive owned 283,610 shares of the company’s stock, valued at $53,460,485. This represents a 2.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Kerry Acocella sold 13,857 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $150.00, for a total value of $2,078,550.00. Following the completion of the sale, the general counsel directly owned 140,489 shares of the company’s stock, valued at approximately $21,073,350. This represents a 8.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 695,598 shares of company stock valued at $91,612,665 over the last 90 days. Company insiders own 6.48% of the company’s stock.

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.