Vanguard Personalized Indexing Management LLC Raises Holdings in Datadog, Inc. $DDOG

Vanguard Personalized Indexing Management LLC raised its holdings in Datadog, Inc. (NASDAQ:DDOG) by 22.9% during the third quarter, Holdings Channel.com reports. The firm owned 29,580 shares of the company’s stock after purchasing an additional 5,518 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Datadog were worth $4,212,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Tripletail Wealth Management LLC acquired a new stake in shares of Datadog during the 3rd quarter worth about $28,000. Steigerwald Gordon & Koch Inc. acquired a new position in Datadog in the third quarter valued at about $40,000. Interchange Capital Partners LLC purchased a new position in Datadog during the second quarter worth about $42,000. Game Plan Financial Advisors LLC acquired a new stake in shares of Datadog during the third quarter valued at about $43,000. Finally, Cromwell Holdings LLC increased its position in shares of Datadog by 536.5% during the third quarter. Cromwell Holdings LLC now owns 331 shares of the company’s stock valued at $47,000 after acquiring an additional 279 shares during the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on DDOG shares. DA Davidson upped their price objective on shares of Datadog from $180.00 to $225.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Evercore ISI upped their price target on Datadog from $170.00 to $215.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. BNP Paribas Exane dropped their price objective on Datadog from $210.00 to $175.00 and set an “outperform” rating for the company in a research note on Thursday, January 15th. Guggenheim set a $105.00 price objective on Datadog in a report on Thursday, November 6th. Finally, Needham & Company LLC increased their target price on Datadog from $175.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Thirty-five research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $191.92.

Datadog Stock Up 1.7%

Shares of NASDAQ DDOG opened at $140.56 on Thursday. The stock has a market cap of $49.29 billion, a P/E ratio of 453.42, a PEG ratio of 24.66 and a beta of 1.26. The business’s fifty day simple moving average is $140.71 and its 200-day simple moving average is $145.52. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $201.69. The company has a current ratio of 3.66, a quick ratio of 3.66 and a debt-to-equity ratio of 0.29.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, November 6th. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.45 by $0.10. The firm had revenue of $885.65 million during the quarter, compared to analysts’ expectations of $852.77 million. Datadog had a return on equity of 4.14% and a net margin of 3.32%.Datadog’s revenue for the quarter was up 28.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.46 EPS. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS and its Q4 2025 guidance at 0.54-0.56 EPS. As a group, equities analysts predict that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Insider Activity

In other Datadog news, CEO Olivier Pomel sold 11,195 shares of the stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $137.93, for a total value of $1,544,126.35. Following the sale, the chief executive officer directly owned 518,133 shares of the company’s stock, valued at approximately $71,466,084.69. This represents a 2.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, COO Adam Blitzer sold 8,023 shares of the business’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $154.61, for a total transaction of $1,240,436.03. Following the transaction, the chief operating officer owned 165,197 shares of the company’s stock, valued at approximately $25,541,108.17. The trade was a 4.63% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 1,071,709 shares of company stock valued at $192,590,597. 8.70% of the stock is owned by corporate insiders.

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.