4,741 Shares in Datadog, Inc. $DDOG Acquired by Robinhood Asset Management LLC
by Renee Jackson · The Cerbat GemRobinhood Asset Management LLC bought a new position in shares of Datadog, Inc. (NASDAQ:DDOG – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,741 shares of the company’s stock, valued at approximately $645,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of DDOG. Brighton Jones LLC bought a new stake in Datadog during the 4th quarter worth approximately $209,000. Bison Wealth LLC bought a new stake in Datadog during the 4th quarter worth approximately $228,000. Empowered Funds LLC increased its holdings in Datadog by 7.0% during the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after acquiring an additional 672 shares during the period. Geneos Wealth Management Inc. increased its holdings in Datadog by 17.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after acquiring an additional 115 shares during the period. Finally, Sivia Capital Partners LLC bought a new stake in Datadog during the 2nd quarter worth approximately $509,000. Institutional investors own 78.29% of the company’s stock.
Analysts Set New Price Targets
A number of research firms recently weighed in on DDOG. Robert W. Baird set a $180.00 target price on shares of Datadog in a report on Wednesday, February 11th. Needham & Company LLC decreased their target price on shares of Datadog from $220.00 to $155.00 and set a “buy” rating on the stock in a report on Tuesday, February 10th. Evercore decreased their price target on shares of Datadog from $215.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd. DA Davidson reissued a “buy” rating and issued a $225.00 price target on shares of Datadog in a report on Tuesday, February 17th. Finally, Stifel Nicolaus set a $160.00 price target on shares of Datadog and gave the stock a “buy” rating in a report on Thursday, January 22nd. Thirty-seven investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $179.62.
Check Out Our Latest Report on DDOG
Datadog Price Performance
DDOG stock opened at $116.50 on Tuesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.38 and a current ratio of 3.38. Datadog, Inc. has a 52 week low of $81.63 and a 52 week high of $201.69. The firm’s fifty day moving average is $121.57 and its 200 day moving average is $140.23. The firm has a market cap of $41.08 billion, a P/E ratio of 375.81, a P/E/G ratio of 33.08 and a beta of 1.29.
Datadog (NASDAQ:DDOG – Get Free Report) last released its earnings results on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.55 by $0.04. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The company had revenue of $953.19 million for the quarter, compared to analyst estimates of $916.53 million. During the same quarter last year, the firm earned $0.49 EPS. The firm’s quarterly revenue was up 29.2% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. Research analysts predict that Datadog, Inc. will post 0.34 earnings per share for the current year.
Insider Buying and Selling at Datadog
In related news, CTO Alexis Le-Quoc sold 53,912 shares of the stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $125.49, for a total transaction of $6,765,416.88. Following the transaction, the chief technology officer owned 437,257 shares of the company’s stock, valued at approximately $54,871,380.93. This trade represents a 10.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Amit Agarwal sold 20,000 shares of the stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $127.36, for a total transaction of $2,547,200.00. Following the transaction, the director directly owned 1,640 shares in the company, valued at approximately $208,870.40. This represents a 92.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 437,006 shares of company stock worth $53,645,336 in the last quarter. 6.67% of the stock is currently owned by company insiders.
Datadog 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.