13,536 Datadog, Inc. $DDOG Shares Bought by Wedmont Private Capital

Key Points

• Wedmont Private Capital increased its Datadog stake by 376.6% in the third quarter, buying 13,536 additional shares and bringing its holdings to 17,130 shares valued at approximately $4.7 million. Institutional investors and hedge funds collectively own 78.29% of DDOG.
• Datadog reported quarterly EPS of $0.65, beating estimates of $0.58, while revenue rose 35.6% year over year to $1.12 billion. The company provided fiscal 2026 EPS guidance of $2.50–$2.54.
• Shares rose 6.3% to $291.05, near the stock’s 52-week high, while analysts maintained a generally positive outlook with a “Moderate Buy” consensus and an average price target of $278.51. Meanwhile, insiders sold roughly $226.7 million of stock over the past 90 days.

Wedmont Private Capital boosted its position in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 376.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,130 shares of the company's stock after acquiring an additional 13,536 shares during the quarter. Wedmont Private Capital's holdings in Datadog were worth $4,691,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Janus Henderson Group PLC boosted its holdings in shares of Datadog by 22.8% in the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company's stock valued at $905,570,000 after purchasing an additional 1,439,082 shares in the last quarter. First Trust Advisors LP boosted its stake in Datadog by 81.5% in the first 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 grew its position in Datadog by 30.3% in the first quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company's stock valued at $312,340,000 after acquiring an additional 615,090 shares during the last quarter. Employees Provident Fund Board acquired a new position in Datadog during the fourth quarter worth about $251,582,000. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Datadog by 162.2% in the first 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 during the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Datadog

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of the firm's stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $253.36, for a total transaction of $13,659,144.32. Following the completion of the transaction, the chief technology officer owned 509,805 shares in the company, valued at approximately $129,164,194.80. This trade represents a 9.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 stock was sold at an average price of $286.71, for a total transaction of $36,452,596.11. Following the transaction, the chief executive officer owned 612,747 shares of the company's stock, valued at approximately $175,680,692.37. The trade was a 17.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 938,076 shares of company stock worth $226,690,473 over the last ninety days. 6.48% of the stock is owned by insiders.

Datadog Trading Up 6.3%

Shares of Datadog stock traded up $17.25 during trading on Friday, hitting $291.05. The company's stock had a trading volume of 1,606,427 shares, compared to its average volume of 5,202,068. The stock has a market cap of $104.51 billion, a price-to-earnings ratio of 593.74, a price-to-earnings-growth ratio of 26.48 and a beta of 1.51. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $292.72. The stock has a 50-day moving average price of $245.27 and a two-hundred day moving average price of $215.54. 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 (NASDAQ:DDOG - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period last year, the company earned $0.46 EPS. Datadog's revenue for the quarter was up 35.6% compared to the same quarter last year. 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 anticipate that Datadog, Inc. will post 0.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

DDOG has been the subject of several research reports. Craig Hallum started coverage on shares of Datadog in a research note on Monday, June 15th. They issued a "buy" rating for the company. Cantor Fitzgerald raised their price objective on Datadog from $226.00 to $327.00 and gave the company an "overweight" rating in a report on Monday, August 3rd. Canadian Imperial Bank of Commerce restated an "outperform" rating and set a $315.00 price objective on shares of Datadog in a research report on Friday. Canaccord Genuity Group upped their target price on Datadog from $250.00 to $295.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. Finally, Zacks Research downgraded Datadog from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 17th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $278.51.

Datadog Profile

Datadog, Inc is a software company that provides a cloud-based monitoring, observability and security platform. Its services help organizations collect, analyze and visualize data from applications, infrastructure, networks, databases and other technology environments, enabling them to identify performance issues, manage incidents and improve digital services.

The company's product offerings include infrastructure monitoring, application performance monitoring, log management, database and network monitoring, real user and synthetic experience monitoring, cloud security, software supply chain security, incident management and workflow automation.

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