Arnhold LLC Grows Position in Datadog, Inc. $DDOG

Key Points

• Arnhold LLC significantly increased its stake in Datadog, Inc. by 81.1% in the first quarter, owning 4,833 shares valued at $479,000.
• Datadog's quarterly earnings were strong, reporting an EPS of $0.46, exceeding expectations, and a revenue increase of 28.1% year-over-year.
• Insider selling activity included significant transactions by CTO Alexis Le-Quoc and CEO Olivier Pomel, which decreased their respective shareholdings by 21.92% and 16.36%.

Arnhold LLC grew its holdings in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 81.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,833 shares of the company's stock after purchasing an additional 2,164 shares during the period. Arnhold LLC's holdings in Datadog were worth $479,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Emerald Advisers LLC raised its stake in shares of Datadog by 1.1% during the 1st quarter. Emerald Advisers LLC now owns 9,300 shares of the company's stock worth $923,000 after buying an additional 97 shares during the period. YANKCOM Partnership lifted its stake in shares of Datadog by 12.0% in the 1st quarter. YANKCOM Partnership now owns 927 shares of the company's stock worth $92,000 after acquiring an additional 99 shares during the period. Covestor Ltd increased its holdings in Datadog by 8.9% during the 1st quarter. Covestor Ltd now owns 1,388 shares of the company's stock valued at $138,000 after acquiring an additional 113 shares in the last quarter. State of Wyoming grew its holdings in Datadog by 3.7% in the 4th quarter. State of Wyoming now owns 3,277 shares of the company's stock valued at $468,000 after buying an additional 117 shares during the period. Finally, Forum Financial Management LP boosted its position in shares of 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 buying an additional 118 shares during the period. 78.29% of the stock is currently owned by institutional investors.

Datadog Trading Up 3.5%

NASDAQ DDOG traded up $4.37 on Wednesday, hitting $130.68. 3,129,583 shares of the stock were exchanged, compared to its average volume of 5,839,065. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.43 and a current ratio of 3.43. Datadog, Inc. has a 52-week low of $81.63 and a 52-week high of $170.08. The firm has a market capitalization of $45.57 billion, a P/E ratio of 372.40, a P/E/G ratio of 52.95 and a beta of 1.02. The stock has a fifty day moving average price of $136.99 and a two-hundred day moving average price of $119.45.

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

Insider Buying and Selling at Datadog

In other Datadog news, Director Matthew Jacobson sold 59,965 shares of the business's stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $128.60, for a total transaction of $7,711,499.00. Following the sale, the director owned 452,640 shares of the company's stock, valued at approximately $58,209,504. The trade was a 11.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Shardul Shah sold 7,924 shares of the firm'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 value of $1,115,699.20. Following the completion of the sale, the director directly owned 380,281 shares in the company, valued at approximately $53,543,564.80. The trade was a 2.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 930,139 shares of company stock valued at $119,207,009. Insiders own 8.70% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Macquarie lowered their price objective on shares of Datadog from $175.00 to $140.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 7th. Monness Crespi & Hardt boosted their target price on Datadog from $160.00 to $185.00 and gave the company a "buy" rating in a research note on Thursday, August 7th. Cantor Fitzgerald lifted their price target on shares of Datadog from $171.00 to $179.00 and gave the company an "overweight" rating in a report on Thursday, August 7th. Guggenheim restated a "sell" rating and issued a $105.00 target price on shares of Datadog in a report on Tuesday, July 8th. Finally, Stifel Nicolaus increased their price target on shares of Datadog from $120.00 to $135.00 and gave the stock a "hold" rating in a report on Thursday, June 26th. Twenty-four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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.