2,340 Shares in Datadog, Inc. $DDOG Bought by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC purchased a new stake in Datadog, Inc. (NASDAQ:DDOG) during the 1st quarter, Holdings Channel.com reports. The fund purchased 2,340 shares of the company’s stock, valued at approximately $276,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. JPL Wealth Management LLC bought a new position in Datadog during the third quarter worth about $27,000. CoreCap Advisors LLC grew its stake in shares of Datadog by 1,461.5% in the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after purchasing an additional 190 shares during the period. Flagship Harbor Advisors LLC acquired a new position in shares of Datadog in the 4th quarter worth approximately $31,000. NBC Securities Inc. raised its holdings in shares of Datadog by 242.6% in the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after buying an additional 165 shares in the last quarter. Finally, Rothschild Investment LLC lifted its position in shares of Datadog by 52.5% during the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after buying an additional 94 shares during the period. Institutional investors and hedge funds own 78.29% of the company’s stock.

Datadog Stock Performance

Datadog stock opened at $260.36 on Friday. The stock has a 50-day simple moving average of $213.66 and a 200 day simple moving average of $156.00. The stock has a market capitalization of $92.68 billion, a price-to-earnings ratio of 685.18, a P/E/G ratio of 26.47 and a beta of 1.54. The company has a quick ratio of 3.40, a current 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 $278.70.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company’s revenue was up 32.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 EPS. 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, research analysts anticipate that Datadog, Inc. will post 0.64 earnings per share for the current fiscal year.

Analysts Set New Price Targets

DDOG has been the topic of a number of analyst reports. Benchmark upped their price target on Datadog from $260.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday. Scotiabank boosted their target price on shares of Datadog from $225.00 to $275.00 and gave the company an “outperform” rating in a research note on Thursday, June 18th. Citizens Jmp upgraded shares of Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 target price on the stock in a research note on Thursday, May 7th. Bank of America upped their target price on shares of Datadog from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Finally, Daiwa Securities Group lifted their price target on shares of Datadog from $190.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $243.68.

Insider Buying and Selling at Datadog

In related news, General Counsel Kerry Acocella sold 5,371 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $233.91, for a total value of $1,256,330.61. Following the completion of the sale, the general counsel owned 127,866 shares of the company’s stock, valued at $29,909,136.06. This trade represents a 4.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael James Callahan sold 12,500 shares of the company’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $247.47, for a total value of $3,093,375.00. Following the transaction, the director directly owned 14,996 shares in the company, valued at approximately $3,711,060.12. This represents a 45.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,467,864 shares of company stock valued at $311,427,105 over the last three months. 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.