CW Advisors LLC Purchases 71,398 Shares of Datadog, Inc. $DDOG

Key Points

• CW Advisors LLC significantly increased its stake in Datadog, acquiring 71,398 shares, which brought its total holdings to 73,605 shares valued at approximately $7.3 million.
• Several institutional investors have also boosted their positions in Datadog, with institutional ownership now at 78.29% of total shares, reflecting strong interest from the investment community.
• In recent trading, Datadog's shares rose by 1.6%, and the company reported strong earnings with Q3 guidance indicating an expected EPS between 0.440-0.460.

CW Advisors LLC increased its position in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) by 3,235.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 73,605 shares of the company's stock after acquiring an additional 71,398 shares during the period. CW Advisors LLC's holdings in Datadog were worth $7,301,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. United Asset Strategies Inc. grew its position in Datadog by 10.6% during the 1st quarter. United Asset Strategies Inc. now owns 22,490 shares of the company's stock worth $2,231,000 after acquiring an additional 2,162 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Datadog by 23.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,729,254 shares of the company's stock worth $667,611,000 after acquiring an additional 1,261,065 shares during the last quarter. Sands Capital Ventures LLC grew its position in Datadog by 20.6% during the 1st quarter. Sands Capital Ventures LLC now owns 117,930 shares of the company's stock worth $11,700,000 after acquiring an additional 20,142 shares during the last quarter. DLD Asset Management LP bought a new stake in Datadog during the 1st quarter worth $1,379,000. Finally, EntryPoint Capital LLC bought a new stake in Datadog during the 1st quarter worth $247,000. Institutional investors own 78.29% of the company's stock.

Insiders Place Their Bets

In other news, CFO David M. Obstler sold 35,016 shares of the business's stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $117.40, for a total value of $4,110,878.40. Following the transaction, the chief financial officer directly owned 399,270 shares of the company's stock, valued at $46,874,298. The trade was a 8.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Olivier Pomel sold 107,365 shares of the business's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $121.71, for a total value of $13,067,394.15. Following the completion of the transaction, the chief executive officer directly owned 548,715 shares in the company, valued at $66,784,102.65. This represents a 16.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 846,051 shares of company stock valued at $107,936,283 over the last 90 days. 8.70% of the stock is owned by company insiders.

Datadog Stock Up 1.6%

Shares of NASDAQ:DDOG opened at $131.22 on Friday. The company has a market capitalization of $45.76 billion, a price-to-earnings ratio of 374.92, a P/E/G ratio of 53.27 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 business's 50-day moving average is $136.83 and its 200-day moving average is $119.85. Datadog, Inc. has a 1 year low of $81.63 and a 1 year high of $170.08.

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

Analyst Ratings Changes

A number of research firms have commented on DDOG. Guggenheim reiterated a "sell" rating and issued a $105.00 price target on shares of Datadog in a research report on Tuesday, July 8th. Stifel Nicolaus upped their price target on Datadog from $120.00 to $135.00 and gave the company a "hold" rating in a research report on Thursday, June 26th. Needham & Company LLC reiterated a "buy" rating and issued a $175.00 price target on shares of Datadog in a research report on Thursday, August 14th. Cantor Fitzgerald upped their price target on Datadog from $171.00 to $179.00 and gave the company an "overweight" rating in a research report on Thursday, August 7th. Finally, Macquarie reduced their price target on Datadog from $175.00 to $140.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 7th. Twenty-four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target 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.

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