3,815 Shares in Datadog, Inc. $DDOG Bought by Baldwin Wealth Partners LLC MA

Key Points

• Baldwin Wealth Partners acquired 3,815 Datadog shares worth approximately $1.05 million in the third quarter. Institutional investors collectively own 78.29% of DDOG’s outstanding stock.
• Datadog reported quarterly revenue of $1.12 billion, up 35.6% year over year, and adjusted EPS of $0.65, beating analysts’ $0.58 estimate. The stock opened at $287.29, near its 12-month high of $300.68.
• Analysts maintain a generally bullish view, with a consensus “Moderate Buy” rating and a $280.29 price target. Meanwhile, Datadog’s CEO and CTO sold shares under pre-arranged trading plans, contributing to nearly $241.4 million in insider sales over the past 90 days.

Baldwin Wealth Partners LLC MA acquired a new stake in Datadog, Inc. (NASDAQ:DDOG - Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 3,815 shares of the company's stock, valued at approximately $1,045,000.

Several other institutional investors have also added to or reduced their stakes in DDOG. Perpetual Ltd raised its holdings in shares of Datadog by 79.9% during the third quarter. Perpetual Ltd now owns 3,252 shares of the company's stock valued at $891,000 after purchasing an additional 1,444 shares during the last quarter. Armstrong Advisory Group Inc. purchased a new stake in Datadog in the third quarter worth approximately $46,000. Marquette Asset Management LLC boosted its holdings in Datadog by 430.0% in the third quarter. Marquette Asset Management LLC now owns 371 shares of the company's stock worth $102,000 after purchasing an additional 301 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in Datadog by 217.3% in the third quarter. Sound Income Strategies LLC now owns 5,125 shares of the company's stock worth $1,403,000 after purchasing an additional 3,510 shares during the last quarter. Finally, GK Wealth Management LLC bought a new position in Datadog in the third quarter valued at about $312,000. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Datadog Stock Performance

NASDAQ DDOG opened at $287.29 on Tuesday. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $300.68. The business has a 50-day moving average price of $246.05 and a 200-day moving average price of $217.86. The firm has a market cap of $103.16 billion, a price-to-earnings ratio of 586.32, a price-to-earnings-growth ratio of 28.62 and a beta of 1.51.

Datadog (NASDAQ:DDOG - Get Free Report) last issued its 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. Datadog had a return on equity of 5.67% and a net margin of 4.48%. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the company earned $0.46 EPS. The firm's quarterly 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. As a group, equities research analysts predict that Datadog, Inc. will post 0.70 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the firm's stock in a transaction 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 directly owned 509,805 shares of the company's stock, valued at approximately $129,164,194.80. This trade represents a 9.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 Datadog stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $286.71, for a total transaction of $36,452,596.11. Following the completion of the sale, the chief executive officer owned 612,747 shares in the company, valued at approximately $175,680,692.37. This represents a 17.18% 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. In the last 90 days, insiders have sold 991,988 shares of company stock valued at $241,440,796. 6.48% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on DDOG shares. Weiss Ratings raised shares of Datadog from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday. Benchmark reiterated a "buy" rating on shares of Datadog in a research report on Tuesday, July 28th. BMO Capital Markets set a $300.00 price target on shares of Datadog in a research note on Friday, August 7th. FBN Securities assumed coverage on Datadog in a research note on Friday, October 2nd. They issued an "outperform" rating and a $325.00 price objective for the company. Finally, KeyCorp raised their target price on Datadog from $225.00 to $320.00 and gave the stock an "overweight" rating in a report on Thursday, July 16th. Three research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $280.29.

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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