Freemont Management S.A. purchased a new position in Datadog, Inc. (NASDAQ:DDOG – Free Report) during the 1st quarter, HoldingsChannel reports. The firm purchased 29,000 shares of the company’s stock, valued at approximately $3,423,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. JPL Wealth Management LLC acquired a new position in shares of Datadog in the 3rd quarter worth approximately $27,000. CoreCap Advisors LLC raised its holdings in shares of Datadog by 1,461.5% in the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after purchasing an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in Datadog during the fourth quarter valued at approximately $31,000. NBC Securities Inc. lifted its stake in Datadog by 242.6% during the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after purchasing an additional 165 shares during the last quarter. Finally, Rothschild Investment LLC lifted its stake in Datadog by 52.5% during the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after purchasing an additional 94 shares during the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
DDOG has been the subject of several research reports. Benchmark raised their price objective on Datadog from $260.00 to $330.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. New Street Research set a $260.00 target price on Datadog in a research report on Thursday, June 11th. Arete Research upped their target price on Datadog from $260.00 to $340.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Rothschild & Co Redburn began coverage on Datadog in a report on Thursday, April 23rd. They set a “buy” rating and a $170.00 target price for the company. Finally, Barclays increased their price target on Datadog from $215.00 to $260.00 and gave the company an “overweight” rating in a research report on Wednesday, June 10th. Two analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $251.55.
Insider Activity
In other Datadog news, Director Amit Agarwal sold 20,000 shares of Datadog stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $267.41, for a total transaction of $5,348,200.00. Following the transaction, the director owned 1,640 shares of the company’s stock, valued at $438,552.40. The trade was a 92.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Kerry Acocella sold 5,371 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $233.91, for a total value of $1,256,330.61. Following the completion of the transaction, the general counsel owned 127,866 shares in the company, valued at $29,909,136.06. This represents a 4.03% 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. In the last three months, insiders sold 1,459,533 shares of company stock worth $325,887,030. Corporate insiders own 6.48% of the company’s stock.
Datadog Price Performance
DDOG opened at $258.69 on Friday. The firm has a market capitalization of $92.08 billion, a P/E ratio of 680.78, a PEG ratio of 26.30 and a beta of 1.54. The stock has a fifty day moving average of $236.67 and a 200-day moving average of $164.54. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $278.70.
Datadog (NASDAQ:DDOG – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.Datadog’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Equities analysts forecast that Datadog, Inc. will post 0.64 EPS for the current fiscal year.
About Datadog
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.
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