3,077 Shares in Datadog, Inc. $DDOG Bought by Ritholtz Wealth Management

Ritholtz Wealth Management bought a new stake in shares of Datadog, Inc. (NASDAQ:DDOG) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,077 shares of the company’s stock, valued at approximately $363,000.

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

Insider Buying and Selling at Datadog

In other news, Director Dev Ittycheria sold 120,000 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $248.78, for a total transaction of $29,853,600.00. Following the sale, the director directly owned 39,235 shares in the company, valued at approximately $9,760,883.30. This represents a 75.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Olivier Pomel sold 127,141 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the completion of the transaction, the chief executive officer directly owned 835,679 shares of the company’s stock, valued at approximately $167,002,091.36. The trade was a 13.21% 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 1,467,864 shares of company stock valued at $311,427,105 over the last ninety days. Corporate insiders own 6.48% of the company’s stock.

Datadog Stock Performance

NASDAQ:DDOG opened at $264.48 on Thursday. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $278.70. The stock’s 50 day simple moving average is $208.48 and its two-hundred day simple moving average is $154.46. The company has a market cap of $94.14 billion, a price-to-earnings ratio of 696.02, a PEG ratio of 26.47 and a beta of 1.54.

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

Key Stories Impacting Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog announced it acquired Adaptive ML, a reinforcement-learning startup, to expand its AI research efforts and build out RLOps capabilities for enterprise AI agents and models. Datadog Acquires Adaptive ML to Accelerate Its Investment in AI Research and Development
• Positive Sentiment: Analyst coverage remains broadly constructive, with Bernstein reiterating an outperform rating and several other firms recently raising price targets, reinforcing investor confidence in Datadog’s growth outlook.
• Positive Sentiment: The stock has also benefited from broader strength in software names, with recent commentary highlighting Datadog as a possible winner as investors look past AI-disruption fears in SaaS.
• Neutral Sentiment: Recent insider sales by directors Michael James Callahan and Amit Agarwal were disclosed, but both were made under pre-arranged 10b5-1 trading plans, which makes them less likely to signal a change in fundamentals.
• Neutral Sentiment: Datadog’s latest earnings report was solid, with revenue and EPS both beating estimates and revenue growing 32.1% year over year, but this information is already well known and is not the main new catalyst today.

Analysts Set New Price Targets

Several brokerages have weighed in on DDOG. Capital One Financial lifted their price target on shares of Datadog from $217.00 to $268.00 and gave the company an “overweight” rating in a report on Wednesday, June 17th. Canadian Imperial Bank of Commerce raised their price objective on shares of Datadog from $250.00 to $280.00 and gave the company an “outperform” rating in a research report on Wednesday, June 10th. Canaccord Genuity Group lifted their target price on shares of Datadog from $225.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Robert W. Baird set a $210.00 target price on shares of Datadog in a report on Friday, May 8th. Finally, Citigroup increased their price target on Datadog from $218.00 to $270.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. One investment analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $242.09.

Datadog 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.