Integrated Wealth Concepts LLC Purchases 175,821 Shares of Datadog, Inc. $DDOG

Integrated Wealth Concepts LLC grew its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 1,691.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 186,216 shares of the company’s stock after buying an additional 175,821 shares during the quarter. Integrated Wealth Concepts LLC owned 0.05% of Datadog worth $48,483,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cornerstone Financial Management LLC lifted its position in Datadog by 54.9% in the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock valued at $33,000 after acquiring an additional 45 shares in the last quarter. Elevation Point Wealth Partners LLC raised its stake in shares of Datadog by 3.3% in the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock worth $242,000 after purchasing an additional 55 shares during the last quarter. Vivaldi Capital Management LP raised its stake in shares of Datadog by 2.8% in the third quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock worth $383,000 after purchasing an additional 74 shares during the last quarter. State of Wyoming lifted its holdings in shares of Datadog by 4.1% during the first quarter. State of Wyoming now owns 1,946 shares of the company’s stock valued at $230,000 after purchasing an additional 76 shares in the last quarter. Finally, Great Lakes Advisors LLC boosted its position in shares of Datadog by 2.3% during the fourth quarter. Great Lakes Advisors LLC now owns 3,697 shares of the company’s stock valued at $503,000 after buying an additional 83 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on DDOG shares. Raymond James Financial restated an “outperform” rating and issued a $280.00 target price on shares of Datadog in a report on Thursday, August 6th. Mizuho upped their price objective on Datadog from $220.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. Citigroup raised their price target on Datadog from $300.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Needham & Company LLC boosted their target price on shares of Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, Rosenblatt Securities upped their price objective on shares of Datadog from $220.00 to $305.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $276.32.

Insider Transactions at Datadog

In related news, Director Julie Richardson sold 5,625 shares of the firm’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $220.00, for a total transaction of $1,237,500.00. Following the completion of the transaction, the director owned 3,178 shares of the company’s stock, valued at $699,160. This trade represents a 63.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 26,331 shares of the business’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $212.90, for a total transaction of $5,605,869.90. Following the transaction, the chief executive officer owned 586,416 shares of the company’s stock, valued at $124,847,966.40. This represents a 4.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 1,132,246 shares of company stock valued at $275,773,952. 6.48% of the stock is owned by corporate insiders.

Datadog Trading Down 1.3%

Shares of NASDAQ:DDOG opened at $210.23 on Wednesday. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $292.72. The stock has a market cap of $75.49 billion, a price-to-earnings ratio of 429.05, a PEG ratio of 20.85 and a beta of 1.49. The business has a 50-day moving average price of $247.93 and a 200-day moving average price of $195.02.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the prior year, the firm earned $0.46 earnings per share. Datadog’s revenue for the quarter 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. Equities analysts predict that Datadog, Inc. will post 0.7 EPS for the current year.

Datadog Profile

Datadog, Inc (NASDAQ:DDOG) is a cloud-based software company that provides monitoring, observability, security and analytics tools for modern applications and information technology environments. Its platform helps organizations collect, correlate and analyze data from servers, databases, applications, containers, networks and cloud services in a unified environment.

The company’s products include infrastructure monitoring, application performance monitoring, log management, real user and synthetic monitoring, database monitoring, cloud security, software delivery tools, incident management and cloud cost management.