Chapin Davis Inc. Makes New Investment in Datadog, Inc. $DDOG

Chapin Davis Inc. acquired a new position in Datadog, Inc. (NASDAQ:DDOG) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 58,115 shares of the company’s stock, valued at approximately $15,131,000. Datadog makes up approximately 2.7% of Chapin Davis Inc.’s portfolio, making the stock its 10th largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DDOG. Elevation Point Wealth Partners LLC grew its stake in Datadog by 3.3% during 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 during the period. Chicago Partners Investment Group LLC lifted its stake in Datadog by 1.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock valued at $622,000 after buying an additional 73 shares during the period. Vivaldi Capital Management LP boosted its holdings in shares of Datadog by 2.8% during the 3rd quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock worth $383,000 after buying an additional 74 shares in the last quarter. State of Wyoming boosted its holdings in shares of Datadog by 4.1% during the 1st quarter. State of Wyoming now owns 1,946 shares of the company’s stock worth $230,000 after buying an additional 76 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of Datadog by 2.0% during the 4th quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock worth $529,000 after buying an additional 78 shares during the period. 78.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Citizens Jmp boosted their target price on shares of Datadog from $225.00 to $311.00 and gave the company a “market outperform” rating in a research report on Monday, July 20th. Bank of America raised their price target on shares of Datadog from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Oppenheimer lifted their price target on shares of Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a research note on Monday, July 20th. Wedbush began coverage on shares of Datadog in a report on Monday, June 15th. They set a “neutral” rating on the stock. Finally, Scotiabank upped their price objective on shares of Datadog from $225.00 to $275.00 and gave the company an “outperform” rating in a report on Thursday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Datadog presently has an average rating of “Moderate Buy” and an average price target of $271.57.

Insider Transactions at Datadog

In other news, CEO Olivier Pomel sold 127,141 shares of Datadog stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the completion of the transaction, the chief executive officer directly owned 835,679 shares in the company, valued at $167,002,091.36. This trade represents a 13.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $271.05, for a total transaction of $14,612,847.60. Following the sale, the chief technology officer directly owned 531,311 shares of the company’s stock, valued at approximately $144,011,846.55. The trade was a 9.21% decrease in their ownership of the stock. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 1,437,118 shares of company stock valued at $337,708,784. Corporate insiders own 6.48% of the company’s stock.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Analysts continue to raise their expectations. Cantor Fitzgerald lifted its price target to $327 and maintained an overweight rating, while Canaccord Genuity raised its target to $295 and Rosenblatt Securities increased its target to $305; all three firms retained buy-equivalent ratings. These revisions reflect confidence in Datadog’s AI products, platform expansion and demand for observability and security tools. Cantor Fitzgerald price target article
• Positive Sentiment: Datadog enters its earnings report with solid operating momentum. The company’s prior quarter delivered revenue of $1.01 billion, up 32.1% year over year, and adjusted earnings of $0.60 per share, exceeding consensus estimates. Investors are looking for continued customer additions, usage growth and traction from AI-related products in the upcoming results. Datadog Q2 earnings outlook
• Neutral Sentiment: Datadog will present at several investor conferences, including Canaccord Genuity’s Growth Conference on August 12, Citi’s Global TMT Conference on September 8 and Goldman Sachs’ Communacopia & Technology Conference. The events could provide updates on demand, AI adoption and guidance, but the announcement itself does not change financial forecasts. Datadog investor conferences announcement
• Negative Sentiment: Valuation and earnings risk remain significant. Datadog trades at a very high earnings multiple, so any shortfall in revenue growth, margins, customer metrics or forward guidance could trigger volatility. The company is expected to report quarterly earnings on Thursday, making the near-term reaction especially dependent on results relative to elevated expectations. Datadog Q2 earnings preview
• Negative Sentiment: Director Amit Agarwal sold 20,000 shares for approximately $5.3 million, reducing his direct ownership by more than 92%. The sale was conducted under a pre-arranged Rule 10b5-1 plan, limiting its bearish significance, but repeated insider selling may still weigh modestly on sentiment. SEC insider transaction filing

Datadog Price Performance

Shares of DDOG opened at $283.17 on Thursday. The business’s fifty day moving average is $249.48 and its 200 day moving average is $176.68. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $292.72. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The stock has a market cap of $100.80 billion, a P/E ratio of 745.20, a P/E/G ratio of 29.19 and a beta of 1.54.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same quarter in the previous year, the business posted $0.46 EPS. Datadog’s quarterly revenue was up 32.1% on a year-over-year basis. Sell-side analysts anticipate that Datadog, Inc. will post 0.64 earnings per share 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.