Toth Financial Advisory Corp Makes New $1.35 Million Investment in Datadog, Inc. $DDOG

Toth Financial Advisory Corp acquired a new stake in Datadog, Inc. (NASDAQ:DDOG – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,946 shares of the company’s stock, valued at approximately $1,354,000.

Several other institutional investors have also modified their holdings of DDOG. EMC Capital Management purchased a new position in shares of Datadog in the 2nd quarter valued at about $28,000. Cornerstone Financial Management LLC boosted its stake in Datadog by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock worth $33,000 after purchasing an additional 45 shares during the period. Elevation Wealth Partners LLC increased its position in Datadog by 2,700.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock valued at $44,000 after acquiring an additional 162 shares during the period. Planning Strategies Inc. raised its stake in shares of Datadog by 529.6% during the third quarter. Planning Strategies Inc. now owns 170 shares of the company’s stock worth $47,000 after purchasing an additional 143 shares during the last quarter. Finally, Retirement Wealth Solutions LLC boosted its holdings in shares of Datadog by 233.3% in the third quarter. Retirement Wealth Solutions LLC now owns 200 shares of the company’s stock valued at $55,000 after acquiring an additional 140 shares in the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DDOG has been the subject of several research analyst reports. Zacks Research cut Datadog from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. Canadian Imperial Bank of Commerce upped their price target on Datadog from $250.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Barclays upped their price target on Datadog from $260.00 to $290.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Canaccord Genuity Group upped their target price on shares of Datadog from $250.00 to $295.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Finally, Evercore raised their price target on Datadog from $225.00 to $265.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Three analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Datadog currently has a consensus rating of “Moderate Buy” and a consensus price target of $277.73.

Get Our Latest Stock Analysis on Datadog

Insider Transactions at Datadog

In related news, insider Yanbing Li sold 12,700 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $221.26, for a total transaction of $2,810,002.00. Following the transaction, the insider directly owned 250,446 shares of the company’s stock, valued at approximately $55,413,681.96. The trade was a 4.83% decrease in their ownership of the stock. The sale 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, General Counsel Kerry Acocella sold 5,280 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $228.85, for a total transaction of $1,208,328.00. Following the completion of the transaction, the general counsel owned 115,243 shares in the company, valued at approximately $26,373,360.55. This represents a 4.38% 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. In the last 90 days, insiders sold 938,076 shares of company stock worth $226,690,473. 6.48% of the stock is currently owned by company insiders.

Datadog Price Performance

NASDAQ:DDOG traded up $1.06 during mid-day trading on Thursday, reaching $272.40. 963,943 shares of the stock were exchanged, compared to its average volume of 5,210,956. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. The business has a fifty day moving average price of $245.16 and a 200 day moving average price of $214.50. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $292.72. The firm has a market capitalization of $97.81 billion, a PE ratio of 555.89, a PEG ratio of 27.15 and a beta of 1.51.

Datadog (NASDAQ:DDOG – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the prior year, the firm earned $0.46 EPS. The company’s quarterly revenue was up 35.6% compared to the same quarter last year. 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 expect that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Datadog Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Datadog (NASDAQ:DDOG)

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