Datadog, Inc. $DDOG Stock Sold by Royal Fund Management LLC

Royal Fund Management LLC trimmed its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 6.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,729 shares of the company’s stock after selling 2,289 shares during the period. Royal Fund Management LLC’s holdings in Datadog were worth $8,360,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of DDOG. EMC Capital Management acquired a new stake in shares of Datadog in the second quarter valued at about $28,000. Cornerstone Financial Management LLC raised its holdings in Datadog by 54.9% during the second quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock worth $33,000 after acquiring an additional 45 shares in the last quarter. Elevation Wealth Partners LLC raised its holdings in Datadog by 2,700.0% during the second quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock worth $44,000 after acquiring an additional 162 shares in the last quarter. Armstrong Advisory Group Inc. bought a new stake in Datadog during the third quarter worth about $46,000. Finally, Planning Strategies Inc. boosted its position in Datadog by 529.6% during the third quarter. Planning Strategies Inc. now owns 170 shares of the company’s stock valued at $47,000 after purchasing an additional 143 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Datadog Trading Down 5.6%

Shares of NASDAQ:DDOG opened at $257.75 on Friday. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $300.68. The company has a market capitalization of $92.55 billion, a P/E ratio of 447.69, a price-to-earnings-growth ratio of 26.65 and a beta of 1.51. The company has a 50-day simple moving average of $247.62 and a 200 day simple moving average of $226.02. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%. Datadog’s quarterly revenue was up 35.6% on a year-over-year basis. During the same quarter last year, the company posted $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Sell-side analysts forecast that Datadog, Inc. will post 0.70 earnings per share for the current year.

Insider Activity at Datadog

In related news, General Counsel Kerry Acocella sold 5,280 shares of Datadog stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $228.85, for a total transaction of $1,208,328.00. Following the completion of the sale, the general counsel directly owned 115,243 shares of the company’s stock, valued at approximately $26,373,360.55. This trade represents a 4.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Obstler sold 10,000 shares of the business’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $241.25, for a total transaction of $2,412,500.00. Following the completion of the sale, the chief financial officer directly owned 368,067 shares of the company’s stock, valued at $88,796,163.75. This represents a 2.65% 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 a total of 881,710 shares of company stock worth $213,560,746 in the last quarter. 6.48% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on DDOG. Mizuho raised their price target on Datadog from $300.00 to $330.00 and gave the company an “outperform” rating in a research note on Thursday, October 15th. Oppenheimer boosted their price target on Datadog from $220.00 to $300.00 and gave the stock an “outperform” rating in a research report on Monday, July 20th. The Goldman Sachs Group reiterated a “sell” rating and set a $158.00 price objective on shares of Datadog in a research note on Friday, August 7th. Canaccord Genuity Group increased their price objective on Datadog from $250.00 to $295.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $280.00 target price on shares of Datadog in a research note on Thursday, August 6th. Three analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Datadog presently has a consensus rating of “Moderate Buy” and an average target price of $285.04.

Datadog Profile

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.