AWM Capital LLC Purchases Shares of 2,005 Datadog, Inc. $DDOG

Key Points

• AWM Capital LLC acquired 2,005 shares of Datadog, Inc. valued at approximately $269,000, according to a recent Form 13F filing.
• A significant percentage, 78.29%, of Datadog's stock is currently owned by institutional investors and hedge funds.
• Datadog reported revenue growth of 28.1% year-over-year for the quarter, with earnings per share (EPS) beating estimates at $0.46.

AWM Capital LLC acquired a new stake in Datadog, Inc. (NASDAQ:DDOG - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 2,005 shares of the company's stock, valued at approximately $269,000.

Several other institutional investors also recently modified their holdings of DDOG. Brighton Jones LLC acquired a new position in shares of Datadog in the fourth quarter valued at approximately $209,000. Bison Wealth LLC bought a new stake in Datadog in the 4th quarter valued at $228,000. GAMMA Investing LLC boosted its stake in Datadog by 9,984.3% in the 1st quarter. GAMMA Investing LLC now owns 79,666 shares of the company's stock valued at $7,904,000 after purchasing an additional 78,876 shares during the period. Merit Financial Group LLC grew its holdings in Datadog by 228.8% in the 1st quarter. Merit Financial Group LLC now owns 7,898 shares of the company's stock valued at $784,000 after buying an additional 5,496 shares in the last quarter. Finally, RFG Advisory LLC increased its position in Datadog by 42.4% during the 1st quarter. RFG Advisory LLC now owns 2,904 shares of the company's stock worth $288,000 after buying an additional 865 shares during the period. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Jefferies Financial Group raised their target price on shares of Datadog from $135.00 to $160.00 and gave the stock a "buy" rating in a report on Monday, August 4th. Barclays set a $170.00 price target on Datadog and gave the stock an "overweight" rating in a research report on Thursday, August 7th. Wedbush reaffirmed an "outperform" rating and issued a $140.00 price objective on shares of Datadog in a report on Wednesday, June 11th. BMO Capital Markets upped their target price on Datadog from $150.00 to $154.00 and gave the company an "outperform" rating in a research report on Monday, September 29th. Finally, Stifel Nicolaus raised their price target on Datadog from $120.00 to $135.00 and gave the stock a "hold" rating in a research report on Thursday, June 26th. Twenty-five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $156.69.

Insider Buying and Selling

In other Datadog news, CTO Alexis Le-Quoc sold 55,352 shares of Datadog stock in a transaction that occurred 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 sale, the chief technology officer directly owned 438,885 shares of the company's stock, valued at approximately $58,735,979.55. The trade was a 11.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Amit Agarwal sold 45,444 shares of the company's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $150.08, for a total value of $6,820,235.52. Following the completion of the sale, the director directly owned 1,640 shares in the company, valued at approximately $246,131.20. The trade was a 96.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,384,618 shares of company stock worth $183,444,843 in the last ninety days. 8.70% of the stock is owned by insiders.

Datadog Stock Performance

Shares of DDOG stock opened at $151.82 on Monday. The firm's 50 day moving average is $136.59 and its 200 day moving average is $123.66. The stock has a market capitalization of $52.95 billion, a P/E ratio of 433.78, a PEG ratio of 59.40 and a beta of 1.21. Datadog, Inc. has a 12 month low of $81.63 and a 12 month high of $170.08. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31.

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

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.

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