AG2R LA Mondiale Gestion D Actifs Makes New $1.17 Million Investment in Datadog, Inc. $DDOG

Key Points

• AG2R LA Mondiale Gestion D Actifs acquired 11,816 shares of Datadog, Inc., valued at approximately $1,172,000, as part of its new stake in the first quarter.
• Insider sales at Datadog revealed that CTO Alexis Le-Quoc sold 55,352 shares for over $7.4 million, while Director Matthew Jacobson sold 575,863 shares for approximately $73.1 million.
• Datadog's stock has received multiple upgrades recently, with Citigroup and Barclays setting new price targets at $170.00, reflecting strong analyst confidence in the company.

AG2R LA Mondiale Gestion D Actifs acquired a new stake in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The fund acquired 11,816 shares of the company's stock, valued at approximately $1,172,000.

Other large investors have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its position in shares of Datadog by 32.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,506 shares of the company's stock valued at $2,216,000 after buying an additional 3,760 shares in the last quarter. Motley Fool Asset Management LLC lifted its position in shares of Datadog by 149.0% during the 1st quarter. Motley Fool Asset Management LLC now owns 38,132 shares of the company's stock valued at $3,783,000 after buying an additional 22,818 shares in the last quarter. LBP AM SA raised its stake in Datadog by 40.2% during the 1st quarter. LBP AM SA now owns 419,805 shares of the company's stock valued at $41,649,000 after purchasing an additional 120,343 shares during the period. Envestnet Asset Management Inc. raised its stake in Datadog by 24.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 787,344 shares of the company's stock valued at $78,112,000 after purchasing an additional 156,152 shares during the period. Finally, Total Wealth Planning & Management Inc. bought a new stake in Datadog during the 4th quarter valued at approximately $314,000. 78.29% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CTO Alexis Le-Quoc sold 55,352 shares of the business's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $133.83, for a total transaction of $7,407,758.16. Following the completion of the transaction, the chief technology officer owned 438,885 shares in the company, valued at $58,735,979.55. The trade was a 11.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Matthew Jacobson sold 575,863 shares of the business's stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $126.96, for a total value of $73,111,566.48. Following the transaction, the director owned 219,831 shares of the company's stock, valued at approximately $27,909,743.76. The trade was a 72.37% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,439,680 shares of company stock worth $189,428,113 in the last 90 days. 8.70% of the stock is owned by insiders.

Datadog Trading Down 0.3%

Shares of NASDAQ DDOG traded down $0.36 during trading hours on Friday, hitting $136.45. 1,243,793 shares of the company traded hands, compared to its average volume of 5,719,531. The stock has a market capitalization of $47.59 billion, a price-to-earnings ratio of 389.57, a price-to-earnings-growth ratio of 53.14 and a beta of 1.10. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31. The company's 50 day moving average price is $136.67 and its 200 day moving average price is $120.59. Datadog, Inc. has a 12 month low of $81.63 and a 12 month high of $170.08.

Datadog (NASDAQ:DDOG - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.05. The firm had revenue of $826.76 million for the quarter, compared to the consensus estimate of $791.72 million. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The company's revenue for the quarter was up 28.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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 research analysts anticipate that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Analysts Set New Price Targets

DDOG has been the topic of several recent analyst reports. Sanford C. Bernstein reissued an "outperform" rating on shares of Datadog in a research note on Friday, August 8th. Morgan Stanley lifted their target price on Datadog from $115.00 to $165.00 and gave the company an "equal weight" rating in a research note on Thursday, July 10th. Citigroup lifted their target price on Datadog from $165.00 to $170.00 and gave the company a "buy" rating in a research note on Monday, August 18th. Guggenheim reissued a "sell" rating and set a $105.00 target price on shares of Datadog in a research note on Tuesday, July 8th. Finally, Barclays set a $170.00 target price on Datadog and gave the company an "overweight" rating in a research note on Thursday, August 7th. Twenty-four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $153.10.

About Datadog

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.