Leibman Financial Services Inc. Decreases Stock Holdings in Datadog, Inc. $DDOG

Leibman Financial Services Inc. reduced its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 53.0% in the third quarter, Holdings Channel reports. The fund owned 8,641 shares of the company’s stock after selling 9,733 shares during the quarter. Leibman Financial Services Inc.’s holdings in Datadog were worth $1,230,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. V Square Quantitative Management LLC lifted its holdings in Datadog by 13.8% during the 2nd quarter. V Square Quantitative Management LLC now owns 601 shares of the company’s stock worth $81,000 after purchasing an additional 73 shares in the last quarter. Nilsine Partners LLC lifted its holdings in shares of Datadog by 2.4% during the 3rd quarter. Nilsine Partners LLC now owns 3,396 shares of the company’s stock worth $484,000 after acquiring an additional 78 shares during the last quarter. Ameritas Investment Partners Inc. boosted its holdings in shares of Datadog by 0.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 10,466 shares of the company’s stock worth $1,406,000 after purchasing an additional 82 shares in the last quarter. Biltmore Wealth Management LLC grew its position in Datadog by 1.5% during the second quarter. Biltmore Wealth Management LLC now owns 5,726 shares of the company’s stock valued at $769,000 after acquiring an additional 86 shares during the last quarter. Finally, STF Management LP grew its holdings in shares of Datadog by 2.3% during the 2nd quarter. STF Management LP now owns 4,534 shares of the company’s stock valued at $609,000 after purchasing an additional 104 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

Insider Transactions at Datadog

In other news, Director Michael James Callahan sold 91,667 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $157.60, for a total transaction of $14,446,719.20. Following the completion of the sale, the director owned 12,496 shares in the company, valued at approximately $1,969,369.60. This represents a 88.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Olivier Pomel sold 100,754 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $181.18, for a total transaction of $18,254,609.72. Following the sale, the chief executive officer directly owned 533,358 shares in the company, valued at approximately $96,633,802.44. This represents a 15.89% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,316,774 shares of company stock worth $233,101,958. 8.70% of the stock is owned by corporate insiders.

Datadog Trading Down 0.3%

Shares of DDOG stock opened at $137.94 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.66 and a quick ratio of 3.66. The stock’s 50 day simple moving average is $158.73 and its two-hundred day simple moving average is $146.37. The company has a market cap of $48.37 billion, a PE ratio of 444.97, a price-to-earnings-growth ratio of 30.21 and a beta of 1.23. Datadog, Inc. has a 1 year low of $81.63 and a 1 year high of $201.69.

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

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Canaccord Genuity Group lowered their price target on Datadog from $225.00 to $210.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Datadog in a research report on Wednesday, October 8th. Macquarie increased their price target on shares of Datadog from $175.00 to $220.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Scotiabank upped their target price on shares of Datadog from $150.00 to $217.00 and gave the company a “sector outperform” rating in a research note on Friday, November 7th. Finally, Bank of America upped their price objective on Datadog from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Thirty-two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Datadog presently has a consensus rating of “Moderate Buy” and an average price target of $207.78.

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.