2,320 Shares in Datadog, Inc. $DDOG Acquired by Algert Global LLC

Key Points

• Algert Global LLC has acquired a new stake in Datadog, Inc., purchasing 2,320 shares valued at approximately $230,000 during the first quarter.
• CEO Olivier Pomel and CTO Alexis Le-Quoc sold substantial amounts of stock, with Pomel selling 32,923 shares for about $4.29 million and Le-Quoc selling 41,468 shares for approximately $5.58 million.
• Datadog has reported strong financial performance, with a revenue increase of 28.1% year-over-year, and an EPS of $0.46, exceeding analysts' expectations.

Algert Global LLC acquired a new stake in Datadog, Inc. (NASDAQ:DDOG - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,320 shares of the company's stock, valued at approximately $230,000.

A number of other institutional investors also recently bought and sold shares of DDOG. Brighton Jones LLC acquired a new position in Datadog in the fourth quarter valued at $209,000. Dimensional Fund Advisors LP increased its stake in shares of Datadog by 9.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 368,049 shares of the company's stock worth $52,593,000 after acquiring an additional 30,941 shares during the period. OneDigital Investment Advisors LLC increased its stake in shares of Datadog by 25.9% during the fourth quarter. OneDigital Investment Advisors LLC now owns 2,535 shares of the company's stock worth $362,000 after acquiring an additional 522 shares during the period. Integrated Wealth Concepts LLC increased its stake in shares of Datadog by 2.2% during the fourth quarter. Integrated Wealth Concepts LLC now owns 7,909 shares of the company's stock worth $1,130,000 after acquiring an additional 174 shares during the period. Finally, Coldstream Capital Management Inc. increased its stake in shares of Datadog by 11.6% during the fourth quarter. Coldstream Capital Management Inc. now owns 4,490 shares of the company's stock worth $642,000 after acquiring an additional 466 shares during the period. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Datadog news, Director Matthew Jacobson sold 107,648 shares of the company's stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $130.01, for a total value of $13,995,316.48. Following the sale, the director owned 176,311 shares of the company's stock, valued at $22,922,193.11. This represents a 37.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Shardul Shah sold 7,924 shares of the business's stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $140.80, for a total transaction of $1,115,699.20. Following the completion of the transaction, the director directly owned 380,281 shares of the company's stock, valued at approximately $53,543,564.80. This represents a 2.04% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,613,650 shares of company stock valued at $206,313,892. 8.70% of the stock is owned by company insiders.

Datadog Price Performance

Shares of NASDAQ DDOG traded down $4.28 on Friday, hitting $136.68. The company's stock had a trading volume of 5,105,132 shares, compared to its average volume of 6,100,649. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $170.08. The company has a market capitalization of $47.67 billion, a price-to-earnings ratio of 390.53, a price-to-earnings-growth ratio of 58.14 and a beta of 1.02. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.43 and a quick ratio of 3.43. The stock has a 50 day moving average of $137.42 and a 200-day moving average of $119.44.

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

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on DDOG shares. Morgan Stanley boosted their price target on shares of Datadog from $115.00 to $165.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 10th. Scotiabank reiterated an "outperform" rating on shares of Datadog in a research note on Friday, August 8th. Canaccord Genuity Group boosted their price target on shares of Datadog from $145.00 to $160.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Needham & Company LLC reiterated a "buy" rating and set a $175.00 price target on shares of Datadog in a research note on Thursday, August 14th. Finally, Macquarie decreased their price objective on shares of Datadog from $175.00 to $140.00 and set an "outperform" rating on the stock in a report on Wednesday, May 7th. Twenty-four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $153.10.

Datadog Company 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.