B. Metzler seel. Sohn & Co. AG Sells 3,097 Shares of Datadog, Inc. $DDOG

Key Points

• B. Metzler seel. Sohn & Co. AG reduced its stake in Datadog, Inc. by 30.4%, holding 7,081 shares worth $703,000 after selling 3,097 shares.
• Several large investors, including Goldman Sachs and Janus Henderson Group, significantly increased their positions in Datadog, with increases of 259.7% and 17,477.2%, respectively.
• Datadog reported a revenue increase of 28.1% year-over-year, with earnings per share of $0.46, exceeding analysts' expectations.

B. Metzler seel. Sohn & Co. AG decreased its stake in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) by 30.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,081 shares of the company's stock after selling 3,097 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Datadog were worth $703,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. OVERSEA CHINESE BANKING Corp Ltd grew its stake in shares of Datadog by 887.0% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company's stock valued at $25,000 after buying an additional 22,646 shares during the period. Cornerstone Planning Group LLC boosted its holdings in Datadog by 96.9% during the 1st quarter. Cornerstone Planning Group LLC now owns 313 shares of the company's stock worth $30,000 after acquiring an additional 154 shares during the last quarter. Costello Asset Management INC purchased a new position in shares of Datadog in the 1st quarter worth approximately $30,000. Putney Financial Group LLC purchased a new position in shares of Datadog in the 4th quarter worth about $32,000. Finally, Elequin Capital LP purchased a new position in Datadog in the fourth quarter valued at approximately $34,000. Institutional investors and hedge funds own 78.29% of the company's stock.

Insider Buying and Selling

In other news, 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 completion of the transaction, the director owned 219,831 shares of the company's stock, valued at $27,909,743.76. The trade was a 72.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Alexis Le-Quoc sold 41,468 shares of the company's stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $139.27, for a total transaction of $5,775,248.36. Following the sale, the chief technology officer directly owned 452,769 shares of the company's stock, valued at $63,057,138.63. This represents a 8.39% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,370,322 shares of company stock valued at $177,758,990. Company insiders own 8.70% of the company's stock.

Datadog Stock Performance

Shares of DDOG stock traded down $0.47 during trading hours on Thursday, hitting $132.14. The company's stock had a trading volume of 1,659,784 shares, compared to its average volume of 5,829,832. 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 stock has a market cap of $46.08 billion, a PE ratio of 377.94, a price-to-earnings-growth ratio of 56.37 and a beta of 1.10. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $170.08. The company has a 50 day moving average of $137.69 and a 200 day moving average of $119.36.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.05. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The firm had revenue of $826.76 million for the quarter, compared to analyst estimates of $791.72 million. During the same quarter in the prior year, the company earned $0.43 EPS. Datadog's revenue 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. On average, sell-side analysts forecast that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on DDOG. Mizuho upped their price objective on shares of Datadog from $145.00 to $155.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Jefferies Financial Group boosted their price target on Datadog from $135.00 to $160.00 and gave the company a "buy" rating in a report on Monday, August 4th. Scotiabank reaffirmed an "outperform" rating on shares of Datadog in a research report on Friday, August 8th. Macquarie cut their price objective on shares of Datadog from $175.00 to $140.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 7th. Finally, Morgan Stanley raised their price target on Datadog from $115.00 to $165.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 10th. Twenty-four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average 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.