9,358 Shares in Datadog, Inc. $DDOG Purchased by Nations Financial Group Inc. IA ADV

Key Points

• Nations Financial Group disclosed a new first-quarter position in Datadog, buying 9,358 shares worth about $1.105 million.
• Wall Street sentiment remains positive, with several analysts raising targets or upgrading the stock; Datadog now carries a Moderate Buy consensus and an average price target of $241.30.
• Datadog reported strong quarterly results, beating earnings and revenue estimates, while management also issued upbeat guidance for FY 2026 and Q2 2026.

Nations Financial Group Inc. IA ADV purchased a new position in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 9,358 shares of the company's stock, valued at approximately $1,105,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new position in shares of Datadog during the 3rd quarter worth about $27,000. CoreCap Advisors LLC raised its holdings in Datadog by 1,461.5% during the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company's stock worth $28,000 after acquiring an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in Datadog during the fourth quarter worth about $31,000. NBC Securities Inc. raised its holdings in Datadog by 242.6% during the fourth quarter. NBC Securities Inc. now owns 233 shares of the company's stock worth $32,000 after acquiring an additional 165 shares in the last quarter. Finally, Rothschild Investment LLC boosted its position in Datadog by 52.5% during the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company's stock valued at $37,000 after purchasing an additional 94 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. DA Davidson set a $250.00 price target on Datadog in a research note on Friday, May 22nd. Royal Bank Of Canada reissued an "outperform" rating and issued a $250.00 price objective on shares of Datadog in a report on Wednesday, June 10th. Craig Hallum began coverage on shares of Datadog in a research note on Monday, June 15th. They issued a "buy" rating for the company. Wall Street Zen upgraded shares of Datadog from a "hold" rating to a "buy" rating in a report on Saturday, May 16th. Finally, Truist Financial raised shares of Datadog from a "hold" rating to a "buy" rating and upped their price target for the stock from $190.00 to $300.00 in a research report on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $241.30.

Datadog Stock Performance

DDOG opened at $220.57 on Wednesday. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $278.70. The stock has a market cap of $78.51 billion, a price-to-earnings ratio of 580.46, a PEG ratio of 23.70 and a beta of 1.56. The business has a 50 day moving average of $193.77 and a 200-day moving average of $150.63. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same period in the previous year, the firm earned $0.46 EPS. The firm's revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, equities research analysts expect that Datadog, Inc. will post 0.61 earnings per share for the current year.

Insider Activity

In other news, CFO David M. Obstler sold 75,000 shares of the firm's stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $231.69, for a total transaction of $17,376,750.00. Following the completion of the sale, the chief financial officer owned 434,591 shares in the company, valued at approximately $100,690,388.79. This trade represents a 14.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dev Ittycheria sold 120,000 shares of the firm's stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $248.78, for a total transaction of $29,853,600.00. Following the sale, the director owned 39,235 shares of the company's stock, valued at approximately $9,760,883.30. This represents a 75.36% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,412,140 shares of company stock valued at $296,790,723. 6.48% of the stock is owned by company insiders.

About Datadog

Datadog NASDAQ: DDOG is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog's platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company's product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.

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