Datadog, Inc. $DDOG Shares Newly Acquired by USA Financial Formulas

by · The Cerbat Gem

USA Financial Formulas bought a new stake in shares of Datadog, Inc. (NASDAQ:DDOG – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,624 shares of the company’s stock, valued at approximately $992,000.

A number of other large investors also recently made changes to their positions in the business. Employees Provident Fund Board bought a new position in Datadog during the fourth quarter valued at about $251,582,000. First Trust Advisors LP lifted its position in shares of Datadog by 81.5% in the first quarter. First Trust Advisors LP now owns 3,685,562 shares of the company’s stock worth $435,081,000 after buying an additional 1,654,429 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Datadog by 197.9% in the third quarter. Assenagon Asset Management S.A. now owns 2,443,008 shares of the company’s stock worth $669,018,000 after buying an additional 1,622,904 shares during the last quarter. Janus Henderson Group PLC boosted its stake in shares of Datadog by 22.8% during the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after acquiring an additional 1,439,082 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Datadog by 162.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,571,018 shares of the company’s stock worth $185,459,000 after acquiring an additional 971,910 shares in the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Insider Activity

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $253.36, for a total transaction of $13,659,144.32. Following the completion of the sale, the chief technology officer owned 509,805 shares in the company, valued at $129,164,194.80. This represents a 9.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 127,141 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $286.71, for a total value of $36,452,596.11. Following the completion of the sale, the chief executive officer directly owned 612,747 shares in the company, valued at $175,680,692.37. This trade represents a 17.18% decrease in their position. 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. Insiders have sold a total of 991,988 shares of company stock valued at $241,440,796 in the last three months. 6.48% of the stock is owned by insiders.

Analyst Ratings Changes

DDOG has been the topic of a number of analyst reports. BTIG Research increased their price objective on Datadog from $255.00 to $289.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Scotiabank raised their price objective on Datadog from $275.00 to $285.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. FBN Securities assumed coverage on Datadog in a report on Friday, October 2nd. They issued an “outperform” rating and a $325.00 target price for the company. The Goldman Sachs Group reaffirmed a “sell” rating and set a $158.00 target price on shares of Datadog in a research report on Friday, August 7th. Finally, Cantor Fitzgerald increased their price target on Datadog from $226.00 to $327.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Datadog presently has an average rating of “Moderate Buy” and a consensus price target of $281.18.

Get Our Latest Report on Datadog

Datadog Stock Down 7.2%

Datadog stock opened at $247.11 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $300.68. The firm has a fifty day moving average price of $246.68 and a two-hundred day moving average price of $221.26. The firm has a market cap of $88.73 billion, a price-to-earnings ratio of 504.32, a P/E/G ratio of 24.12 and a beta of 1.51.

Datadog (NASDAQ:DDOG – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.07. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%. The firm’s revenue was up 35.6% compared to the same quarter last year. During the same period last year, the business posted $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. As a group, analysts forecast that Datadog, Inc. will post 0.70 earnings per share for the current year.

About Datadog

(Free Report)

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.

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