Datadog, Inc. $DDOG Stock Purchased by NFSG Corp

NFSG Corp lifted its position in Datadog, Inc. (NASDAQ:DDOG) by 1,658.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 57,139 shares of the company’s stock after purchasing an additional 53,889 shares during the quarter. Datadog comprises approximately 1.6% of NFSG Corp’s portfolio, making the stock its 17th largest holding. NFSG Corp’s holdings in Datadog were worth $15,648,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in DDOG. Activest Wealth Management grew its holdings in shares of Datadog by 116.2% during the third quarter. Activest Wealth Management now owns 281 shares of the company’s stock worth $77,000 after purchasing an additional 151 shares in the last quarter. Walser Wealth Management Company A Ltd Liability Co bought a new position in shares of Datadog in the third quarter worth approximately $2,415,000. V Square Quantitative Management LLC grew its stake in Datadog by 17.5% in the 3rd quarter. V Square Quantitative Management LLC now owns 2,690 shares of the company’s stock worth $737,000 after buying an additional 401 shares in the last quarter. Davidson Capital Management Inc. grew its stake in Datadog by 508.6% in the 3rd quarter. Davidson Capital Management Inc. now owns 36,693 shares of the company’s stock worth $10,048,000 after buying an additional 30,664 shares in the last quarter. Finally, Triasima Portfolio Management inc. purchased a new position in Datadog in the 3rd quarter worth approximately $4,481,000. 78.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DDOG has been the topic of a number of research analyst reports. Citigroup increased their price target on shares of Datadog from $300.00 to $305.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Cantor Fitzgerald increased their target price on Datadog from $226.00 to $327.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. FBN Securities began coverage on Datadog in a report on Friday, October 2nd. They issued an “outperform” rating and a $325.00 price objective for the company. Oppenheimer upped their price objective on Datadog from $220.00 to $300.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. Finally, BTIG Research increased their price objective on Datadog from $255.00 to $289.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $281.18.

Insider Activity at Datadog

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $253.36, for a total value of $13,659,144.32. Following the transaction, the chief technology officer directly owned 509,805 shares of the company’s stock, valued at $129,164,194.80. The trade was a 9.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 127,141 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $286.71, for a total transaction of $36,452,596.11. Following the completion of the transaction, the chief executive officer owned 612,747 shares in the company, valued at $175,680,692.37. This represents a 17.18% 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. Over the last 90 days, insiders have sold 991,988 shares of company stock worth $241,440,796. 6.48% of the stock is owned by corporate insiders.

Datadog Price Performance

Shares of NASDAQ:DDOG opened at $266.25 on Friday. The stock has a market cap of $95.61 billion, a PE ratio of 543.38, a PEG ratio of 26.28 and a beta of 1.51. The company’s fifty day moving average is $246.42 and its 200 day moving average is $221.08. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $300.68. 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 (NASDAQ:DDOG) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the previous year, the firm posted $0.46 earnings per share. The firm’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. Research analysts anticipate 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.