Datadog (NASDAQ:DDOG) Shares Purchased by Rep. Jonathan L. Jackson

Key Points

• Rep. Jonathan L. Jackson purchased $50,001–$100,000 of Datadog shares on September 28 through a Morgan Stanley trust account. He also bought Estee Lauder and Guardant Health while selling Viasat and Walmart.
• Datadog’s latest quarterly results beat expectations, with revenue up 35.6% year over year to $1.12 billion and EPS of $0.65 versus the $0.58 consensus estimate. Institutional investors own 78.29% of the company, while insiders have recently sold shares under pre-arranged trading plans.
• Analyst sentiment remains favorable, including Bernstein’s upgrade to Outperform with a $350 price target, but valuation is a key risk: the stock trades at a very high earnings multiple after a sharp rally and faces scrutiny ahead of its November 4 earnings report.

Representative Jonathan L. Jackson (Democratic-Illinois) recently bought shares of Datadog, Inc. NASDAQ: DDOG. In a filing disclosed on October 19th, the Representative disclosed that they had bought between $50,001 and $100,000 in Datadog stock on September 28th. The trade occurred in the Representative's "MORGAN STANLEY TRUST ACCOUNT" account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Estee Lauder Companies NYSE: EL on 9/28/2026.
• Sold $50,001 - $100,000 in shares of Viasat NASDAQ: VSAT on 9/28/2026.
• Sold $50,001 - $100,000 in shares of Walmart NASDAQ: WMT on 9/28/2026.
• Purchased $15,001 - $50,000 in shares of Guardant Health NASDAQ: GH on 9/28/2026.
• Sold $1,001 - $15,000 in shares of Tortoise Energy Infrastructure NYSE: TYG on 9/4/2026.
• Sold $1,001 - $15,000 in shares of Viasat NASDAQ: VSAT on 8/28/2026.

Datadog Trading Down 1.5%

Shares of Datadog stock opened at $256.43 on Wednesday. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $300.68. The stock has a market cap of $92.08 billion, a P/E ratio of 426.82, a P/E/G ratio of 25.41 and a beta of 1.51. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. The business's 50 day moving average is $246.86 and its 200-day moving average is $223.97.

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

Hedge Funds Weigh In On Datadog

Several institutional investors and hedge funds have recently made changes to their positions in the company. Janus Henderson Group PLC grew its stake in Datadog by 22.8% during the first quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company's stock worth $905,570,000 after buying an additional 1,439,082 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of Datadog by 197.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,443,008 shares of the company's stock valued at $669,018,000 after buying an additional 1,622,904 shares in the last quarter. First Trust Advisors LP raised its position in shares of Datadog by 81.5% in the 1st quarter. First Trust Advisors LP now owns 3,685,562 shares of the company's stock valued at $435,081,000 after buying an additional 1,654,429 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Datadog by 30.3% in the 1st quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company's stock valued at $312,340,000 after buying an additional 615,090 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in shares of Datadog by 46.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 919,360 shares of the company's stock worth $251,767,000 after acquiring an additional 290,066 shares during the period. Institutional investors and hedge funds own 78.29% of the company's stock.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Bernstein upgraded Datadog to Outperform and raised its price target to $350 from $237. The firm cited accelerating AI workloads, stronger demand for cloud monitoring and improving growth prospects, helping drive renewed investor interest. Bernstein Upgrades Datadog to Outperform, Price Target is $350
• Positive Sentiment: Broader technology-sector sentiment improved as Treasury yields eased and investors bought the dip in enterprise software stocks. Datadog was among the stronger movers during the initial rebound. Datadog Stock Is Up, What You Need To Know
• Positive Sentiment: Datadog’s latest quarterly results exceeded expectations, with revenue rising 35.6% year over year to $1.12 billion and adjusted EPS of $0.65 versus the $0.58 consensus estimate. The company also guided to third-quarter EPS of $0.63–$0.65 and full-year EPS of $2.50–$2.54.
• Neutral Sentiment: Datadog is scheduled to report third-quarter results on November 4. Investors will focus on whether AI-related workloads are translating into accelerating customer growth, higher usage and stronger forward guidance. Datadog Reports Q3 on November 4 After Bernstein’s Upgrade
• Negative Sentiment: Valuation is the principal risk. Datadog has gained roughly 98% over six months and trades at a very high earnings multiple, leaving the stock vulnerable to profit-taking if upcoming results or guidance do not exceed elevated expectations. Datadog’s Expectations Have Outrun Its Earnings
• Negative Sentiment: Despite the favorable upgrade and strong recent rally, Datadog’s shares decreased in the latest session, suggesting investors may be locking in gains or waiting for clearer evidence that earnings growth can justify the stock’s premium valuation. Datadog Stock Falls Amid Market Uptick

Insider Activity at Datadog

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of the business's stock in a transaction that occurred on Wednesday, October 7th. The shares were sold at an average price of $273.60, for a total transaction of $14,750,323.20. Following the completion of the transaction, the chief technology officer directly owned 488,033 shares in the company, valued at $133,525,828.80. The trade was a 9.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Kerry Acocella sold 5,280 shares of the company's stock in a transaction on Monday, September 14th. The stock was sold at an average price of $228.85, for a total value of $1,208,328.00. Following the sale, the general counsel owned 115,243 shares of the company's stock, valued at $26,373,360.55. The trade was a 4.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 948,764 shares of company stock worth $229,976,494 in the last 90 days. Corporate insiders own 6.48% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DDOG. KeyCorp boosted their price objective on shares of Datadog from $225.00 to $320.00 and gave the stock an "overweight" rating in a research note on Thursday, July 16th. Robert W. Baird set a $300.00 price target on Datadog in a report on Friday, August 7th. Rosenblatt Securities lifted their price objective on shares of Datadog from $220.00 to $305.00 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. Citigroup upped their price objective on shares of Datadog from $300.00 to $305.00 and gave the company a "buy" rating in a report on Friday, August 7th. Finally, Morgan Stanley upped their price objective on shares of Datadog from $225.00 to $300.00 and gave the company an "overweight" rating in a report on Tuesday, July 28th. Three equities research analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $285.04.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois' 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois' 1st Congressional District. He declared candidacy for the 2026 election. Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson's career experience includes working as an investment analyst and an entrepreneur.

About Datadog

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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