Oak Harvest Investment Services Acquires New Shares in Datadog, Inc. $DDOG

Oak Harvest Investment Services acquired a new stake in Datadog, Inc. (NASDAQ:DDOG) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,117 shares of the company’s stock, valued at approximately $968,000.

A number of other large investors have also added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC raised its holdings in Datadog by 3.3% in the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock worth $242,000 after purchasing an additional 55 shares in the last quarter. Vivaldi Capital Management LP raised its holdings in Datadog by 2.8% in the third quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock worth $383,000 after purchasing an additional 74 shares in the last quarter. Westside Investment Management Inc. raised its holdings in Datadog by 74.3% in the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after purchasing an additional 75 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Datadog by 2.0% in the fourth quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock worth $529,000 after purchasing an additional 78 shares in the last quarter. Finally, PDS Planning Inc raised its holdings in Datadog by 4.2% in the third quarter. PDS Planning Inc now owns 1,975 shares of the company’s stock worth $281,000 after purchasing an additional 80 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO Olivier Pomel sold 68,922 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $110.54, for a total value of $7,618,637.88. Following the transaction, the chief executive officer owned 704,821 shares in the company, valued at approximately $77,910,913.34. This represents a 8.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CRO Sean Michael Walters sold 22,330 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $125.68, for a total transaction of $2,806,434.40. Following the completion of the transaction, the executive owned 238,384 shares in the company, valued at approximately $29,960,101.12. This trade represents a 8.56% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 523,833 shares of company stock worth $63,581,080. 6.67% of the stock is owned by company insiders.

Datadog Price Performance

Shares of DDOG stock opened at $126.61 on Friday. Datadog, Inc. has a fifty-two week low of $87.69 and a fifty-two week high of $201.69. The firm has a market capitalization of $44.64 billion, a price-to-earnings ratio of 408.42, a PEG ratio of 33.94 and a beta of 1.29. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.38 and a current ratio of 3.38. The stock’s 50-day simple moving average is $119.97 and its 200-day simple moving average is $138.75.

Datadog (NASDAQ:DDOG) last issued its earnings results on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The firm had revenue of $953.19 million for the quarter, compared to analyst estimates of $916.53 million. During the same quarter in the prior year, the firm earned $0.49 earnings per share. Datadog’s revenue for the quarter was up 29.2% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. As a group, equities analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. DA Davidson reiterated a “buy” rating and issued a $225.00 target price on shares of Datadog in a report on Tuesday, February 17th. Royal Bank Of Canada reduced their target price on shares of Datadog from $175.00 to $150.00 and set an “outperform” rating for the company in a report on Monday, February 9th. BNP Paribas Exane reduced their target price on shares of Datadog from $210.00 to $175.00 and set an “outperform” rating for the company in a report on Thursday, January 15th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Datadog in a report on Wednesday, January 21st. Finally, Truist Financial reduced their target price on shares of Datadog from $195.00 to $140.00 and set a “hold” rating for the company in a report on Wednesday, January 7th. Thirty-eight analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $179.95.

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.