Comprehensive Financial Management LLC Purchases Shares of 2,886 Datadog, Inc. $DDOG

Key Points

• Comprehensive Financial Management LLC has invested approximately $286,000 in Datadog, buying 2,886 shares in the first quarter, indicating increasing institutional interest in the company.
• Insider trading activity includes significant sales, with Director Shardul Shah selling 7,924 shares worth over $1.1 million and CEO Olivier Pomel selling 32,923 shares valued at about $4.29 million.
• Datadog recently reported a quarterly revenue of $826.76 million, exceeding analyst estimates, and set guidance for FY 2025 EPS between 1.800-1.830.

Comprehensive Financial Management LLC purchased a new stake in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,886 shares of the company's stock, valued at approximately $286,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DDOG. Brighton Jones LLC acquired a new stake in Datadog during the 4th quarter valued at $209,000. Dimensional Fund Advisors LP boosted its position in Datadog by 9.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 368,049 shares of the company's stock valued at $52,593,000 after buying an additional 30,941 shares during the last quarter. Voleon Capital Management LP bought a new position in Datadog in the 4th quarter valued at $823,000. Bison Wealth LLC bought a new position in Datadog in the 4th quarter valued at $228,000. Finally, Itau Unibanco Holding S.A. boosted its position in Datadog by 417.7% in the 4th quarter. Itau Unibanco Holding S.A. now owns 321 shares of the company's stock valued at $46,000 after buying an additional 259 shares during the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Datadog news, CEO Olivier Pomel sold 107,365 shares of Datadog stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $121.71, for a total transaction of $13,067,394.15. Following the transaction, the chief executive officer directly owned 548,715 shares in the company, valued at approximately $66,784,102.65. The trade was a 16.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Alexis Le-Quoc sold 41,468 shares of Datadog stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $139.27, for a total value of $5,775,248.36. Following the completion of the sale, the chief technology officer directly owned 452,769 shares in the company, valued at $63,057,138.63. This represents a 8.39% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,352,209 shares of company stock worth $175,255,312. Corporate insiders own 8.70% of the company's stock.

Wall Street Analyst Weigh In

DDOG has been the topic of a number of recent research reports. DA Davidson set a $160.00 price objective on Datadog and gave the company a "buy" rating in a research report on Tuesday, August 5th. Macquarie decreased their price objective on Datadog from $175.00 to $140.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 7th. Cantor Fitzgerald increased their price objective on Datadog from $171.00 to $179.00 and gave the company an "overweight" rating in a research report on Thursday, August 7th. Wedbush reiterated an "outperform" rating and issued a $140.00 price objective on shares of Datadog in a research report on Wednesday, June 11th. Finally, Citigroup increased their price objective on Datadog from $165.00 to $170.00 and gave the company a "buy" rating in a research report on Monday, August 18th. Twenty-four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $153.10.

Datadog Trading Down 1.6%

DDOG stock traded down $2.09 during midday trading on Wednesday, hitting $132.60. 3,717,872 shares of the company's stock were exchanged, compared to its average volume of 5,855,158. The stock's fifty day moving average price is $137.64 and its 200-day moving average price is $119.27. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.43 and a current ratio of 3.43. The company has a market cap of $46.24 billion, a PE ratio of 378.87, a price-to-earnings-growth ratio of 56.37 and a beta of 1.10. Datadog, Inc. has a one year low of $81.63 and a one year high of $170.08.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.05. The firm had revenue of $826.76 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the company posted $0.43 earnings per share. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. Research analysts predict that Datadog, Inc. will post 0.34 earnings per share for the current fiscal 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.