KADENSA CAPITAL Ltd Makes New $8.68 Million Investment in Datadog, Inc. $DDOG

Key Points

• KADENSA CAPITAL Ltd acquired 87,489 shares of Datadog, Inc. valued at approximately $8.68 million in the 1st quarter, as reported in their recent 13F filing.
• Datadog's latest earnings report revealed $0.46 earnings per share, surpassing analysts' expectations, with a revenue of $826.76 million, which is up 28.1% year-over-year.
• Institutional investors hold 78.29% of Datadog's stock, indicating strong institutional interest and confidence in the company's performance.

KADENSA CAPITAL Ltd acquired a new stake in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 87,489 shares of the company's stock, valued at approximately $8,680,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Emerald Advisers LLC raised its position in Datadog by 1.1% in the first quarter. Emerald Advisers LLC now owns 9,300 shares of the company's stock valued at $923,000 after purchasing an additional 97 shares during the last quarter. YANKCOM Partnership raised its position in shares of Datadog by 12.0% during the first quarter. YANKCOM Partnership now owns 927 shares of the company's stock worth $92,000 after acquiring an additional 99 shares during the last quarter. Covestor Ltd raised its position in shares of Datadog by 8.9% during the first quarter. Covestor Ltd now owns 1,388 shares of the company's stock worth $138,000 after acquiring an additional 113 shares during the last quarter. State of Wyoming raised its position in shares of Datadog by 3.7% during the fourth quarter. State of Wyoming now owns 3,277 shares of the company's stock worth $468,000 after acquiring an additional 117 shares during the last quarter. Finally, Forum Financial Management LP increased its holdings in Datadog by 6.1% in the first quarter. Forum Financial Management LP now owns 2,040 shares of the company's stock worth $202,000 after purchasing an additional 118 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors.

Insider Transactions at Datadog

In other Datadog news, General Counsel Kerry Acocella sold 5,142 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $133.85, for a total value of $688,256.70. Following the completion of the sale, the general counsel owned 97,377 shares in the company, valued at approximately $13,033,911.45. The trade was a 5.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Olivier Pomel sold 15,357 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $133.85, for a total value of $2,055,534.45. Following the completion of the sale, the chief executive officer owned 533,358 shares of the company's stock, valued at $71,389,968.30. The trade was a 2.80% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,373,448 shares of company stock valued at $179,825,785. Insiders own 8.70% of the company's stock.

Datadog Stock Performance

Shares of NASDAQ:DDOG traded up $0.26 during midday trading on Wednesday, reaching $140.72. 2,731,516 shares of the company traded hands, compared to its average volume of 5,799,224. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.31. Datadog, Inc. has a 12 month low of $81.63 and a 12 month high of $170.08. The firm has a market capitalization of $49.08 billion, a price-to-earnings ratio of 402.81, a price-to-earnings-growth ratio of 54.93 and a beta of 1.11. The firm's fifty day moving average price is $137.99 and its two-hundred day moving average price is $119.55.

Datadog (NASDAQ:DDOG - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.05. The business had revenue of $826.76 million for the quarter, compared to analyst estimates of $791.72 million. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The company's quarterly revenue was up 28.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.43 EPS. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. On average, equities analysts expect that Datadog, Inc. will post 0.34 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Barclays set a $170.00 target price on Datadog and gave the stock an "overweight" rating in a report on Thursday, August 7th. Guggenheim restated a "sell" rating and set a $105.00 price objective on shares of Datadog in a report on Tuesday, July 8th. Morgan Stanley boosted their price objective on Datadog from $115.00 to $165.00 and gave the company an "equal weight" rating in a report on Thursday, July 10th. Scotiabank restated an "outperform" rating on shares of Datadog in a report on Friday, August 8th. Finally, Needham & Company LLC restated a "buy" rating and set a $175.00 price objective on shares of Datadog in a report on Thursday, August 14th. Twenty-four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $153.10.

Datadog Profile

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.