Datadog, Inc. $DDOG Position Lifted by Seelaus Asset Management LLC

Key Points

• Seelaus Asset Management increased its Datadog stake by 414.7% in the third quarter to 6,670 shares valued at approximately $1.83 million. Institutional investors collectively own 78.29% of DDOG stock.
• Datadog reported quarterly revenue of $1.12 billion, up 35.6% year over year, and EPS of $0.65, exceeding analysts’ $0.58 estimate. Shares recently fell 3.4% to $273.82 despite strong operating results.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $280.51, while insiders have sold approximately $241.4 million worth of shares over the past 90 days.

Seelaus Asset Management LLC increased its stake in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 414.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,670 shares of the company's stock after purchasing an additional 5,374 shares during the period. Datadog makes up approximately 1.3% of Seelaus Asset Management LLC's portfolio, making the stock its 13th biggest holding. Seelaus Asset Management LLC's holdings in Datadog were worth $1,827,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Citizens Bank & Trust Co. bought a new stake in shares of Datadog during the 3rd quarter worth $13,860,000. Roberts Wealth Advisors LLC grew its position in Datadog by 0.6% in the third quarter. Roberts Wealth Advisors LLC now owns 15,720 shares of the company's stock worth $4,305,000 after acquiring an additional 91 shares in the last quarter. Cohen Capital Management Inc. increased its stake in Datadog by 281.6% in the third quarter. Cohen Capital Management Inc. now owns 58,326 shares of the company's stock valued at $15,973,000 after acquiring an additional 43,043 shares during the last quarter. Krilogy Financial LLC increased its stake in Datadog by 321.5% in the third quarter. Krilogy Financial LLC now owns 14,853 shares of the company's stock valued at $4,067,000 after acquiring an additional 11,329 shares during the last quarter. Finally, Lineweaver Wealth Advisors LLC increased its stake in Datadog by 223.1% in the third quarter. Lineweaver Wealth Advisors LLC now owns 2,559 shares of the company's stock valued at $701,000 after acquiring an additional 1,767 shares during the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

Datadog Trading Down 3.4%

Shares of NASDAQ:DDOG traded down $9.52 on Wednesday, reaching $273.82. 999,175 shares of the company traded hands, compared to its average volume of 5,162,604. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $300.68. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. The business's 50-day simple moving average is $245.95 and its 200 day simple moving average is $218.99. The stock has a market capitalization of $98.32 billion, a P/E ratio of 558.25, a price-to-earnings-growth ratio of 28.04 and a beta of 1.51.

Datadog (NASDAQ:DDOG - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%. The company had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.08 billion. During the same period in the prior year, the business posted $0.46 EPS. Datadog's quarterly revenue was up 35.6% compared to the same quarter last year. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. As a group, equities analysts anticipate that Datadog, Inc. will post 0.70 EPS for the current fiscal year.

Insider Buying and Selling at Datadog

In related news, CFO David Obstler sold 10,000 shares of the business's stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $241.25, for a total transaction of $2,412,500.00. Following the transaction, the chief financial officer owned 368,067 shares in the company, valued at $88,796,163.75. The trade was a 2.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Sean Walters sold 11,710 shares of the company's stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $221.04, for a total value of $2,588,378.40. Following the transaction, the executive directly owned 233,135 shares of the company's stock, valued at $51,532,160.40. The trade was a 4.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 991,988 shares of company stock worth $241,440,796 over the last ninety days. 6.48% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on DDOG shares. Royal Bank Of Canada raised their price target on Datadog from $280.00 to $320.00 and gave the company an "outperform" rating in a research report on Monday. Needham & Company LLC upped their price objective on Datadog from $260.00 to $300.00 and gave the stock a "buy" rating in a report on Friday, August 7th. Sanford C. Bernstein cut Datadog from an "outperform" rating to a "market perform" rating and upped their price objective for the stock from $180.00 to $226.00 in a report on Monday, July 6th. BMO Capital Markets set a $300.00 price objective on Datadog in a research report on Friday, August 7th. Finally, Mizuho raised their price objective on Datadog from $220.00 to $300.00 and gave the company an "outperform" rating in a report on Wednesday, July 15th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $280.51.

Datadog Profile

Datadog, Inc is a software company that provides a cloud-based monitoring, observability and security platform. Its services help organizations collect, analyze and visualize data from applications, infrastructure, networks, databases and other technology environments, enabling them to identify performance issues, manage incidents and improve digital services.

The company's product offerings include infrastructure monitoring, application performance monitoring, log management, database and network monitoring, real user and synthetic experience monitoring, cloud security, software supply chain security, incident management and workflow automation.

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