Midwest Professional Planners LTD. lifted its stake in Datadog, Inc. (NASDAQ:DDOG – Free Report) by 85.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,314 shares of the company’s stock after purchasing an additional 2,910 shares during the period. Midwest Professional Planners LTD.’s holdings in Datadog were worth $859,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Westside Investment Management Inc. raised its position in Datadog by 74.3% during the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after acquiring an additional 75 shares during the last quarter. Rothschild Investment LLC raised its position in Datadog by 126.6% during the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after acquiring an additional 100 shares during the last quarter. Physician Wealth Advisors Inc. raised its position in Datadog by 315.2% during the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after acquiring an additional 145 shares during the last quarter. JPL Wealth Management LLC acquired a new position in Datadog during the third quarter worth about $27,000. Finally, Hazlett Burt & Watson Inc. acquired a new position in Datadog during the third quarter worth about $28,000. Institutional investors and hedge funds own 78.29% of the company’s stock.
Insider Activity at Datadog
In related news, Director Amit Agarwal sold 20,000 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $200.13, for a total value of $4,002,600.00. Following the sale, the director owned 1,640 shares of the company’s stock, valued at $328,213.20. This trade represents a 92.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Matthew Jacobson sold 52,832 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $189.28, for a total transaction of $10,000,040.96. Following the completion of the sale, the director directly owned 622,726 shares in the company, valued at approximately $117,869,577.28. This trade represents a 7.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 842,739 shares of company stock valued at $121,023,123 in the last ninety days. 6.48% of the stock is owned by insiders.
Datadog Trading Up 3.0%
Datadog (NASDAQ:DDOG – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm’s revenue was up 32.1% compared to the same quarter last year. During the same period in the prior year, the company earned $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. As a group, research analysts predict that Datadog, Inc. will post 0.35 earnings per share for the current fiscal year.
Analyst Ratings Changes
DDOG has been the subject of a number of research reports. Robert W. Baird set a $210.00 target price on shares of Datadog in a research report on Friday, May 8th. BMO Capital Markets boosted their target price on shares of Datadog from $165.00 to $220.00 and gave the company an “outperform” rating in a report on Friday, May 8th. TD Cowen boosted their target price on shares of Datadog from $190.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Wall Street Zen raised shares of Datadog from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Daiwa Securities Group increased their price objective on shares of Datadog from $190.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $213.38.
Get Our Latest Analysis on Datadog
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.
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