Datadog, Inc. $DDOG Shares Newly Acquired by Capelight Capital Asset Management LP

Key Points

• Capelight Capital Asset Management acquired 15,000 Datadog shares worth approximately $4.1 million, making DDOG its 20th-largest holding and 1.6% of its portfolio. Institutional investors collectively own 78.29% of Datadog.
• Datadog reported quarterly revenue of $1.12 billion, up 35.6% year over year, and EPS of $0.65, exceeding analysts’ $0.58 estimate. The company issued third-quarter fiscal 2026 EPS guidance of $0.63–$0.65.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $285.04, although targets range from Goldman Sachs’ $158 “sell” view to Yorkville Ives’ $335 “outperform” target.

Capelight Capital Asset Management LP purchased a new position in Datadog, Inc. (NASDAQ:DDOG - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,000 shares of the company's stock, valued at approximately $4,108,000. Datadog comprises 1.6% of Capelight Capital Asset Management LP's investment portfolio, making the stock its 20th largest position.

Other institutional investors also recently added to or reduced their stakes in the company. Janus Henderson Group PLC lifted its holdings in Datadog by 22.8% during the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company's stock valued at $905,570,000 after buying an additional 1,439,082 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in Datadog by 197.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,443,008 shares of the company's stock worth $669,018,000 after acquiring an additional 1,622,904 shares in the last quarter. First Trust Advisors LP grew its stake in Datadog by 81.5% in the 1st quarter. First Trust Advisors LP now owns 3,685,562 shares of the company's stock worth $435,081,000 after acquiring an additional 1,654,429 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Datadog by 30.3% during the first quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company's stock worth $312,340,000 after acquiring an additional 615,090 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its position in shares of Datadog by 46.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 919,360 shares of the company's stock worth $251,767,000 after acquiring an additional 290,066 shares during the period. Hedge funds and other institutional investors own 78.29% of the company's stock.

Datadog Price Performance

Shares of Datadog stock opened at $269.65 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. The stock has a market cap of $96.83 billion, a price-to-earnings ratio of 550.32, a PEG ratio of 26.32 and a beta of 1.51. The firm's 50-day moving average is $247.90 and its two-hundred day moving average is $227.09. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $300.68.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the business posted $0.46 EPS. The company'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, research analysts expect that Datadog, Inc. will post 0.70 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Citizens Jmp lifted their price target on shares of Datadog from $225.00 to $311.00 and gave the company a "market outperform" rating in a research note on Monday, July 20th. Robert W. Baird set a $300.00 price objective on Datadog in a research note on Friday, August 7th. The Goldman Sachs Group reissued a "sell" rating and issued a $158.00 price objective on shares of Datadog in a research note on Friday, August 7th. BTIG Research raised their price objective on Datadog from $255.00 to $289.00 and gave the stock a "buy" rating in a report on Tuesday, July 28th. Finally, Yorkville Ives began coverage on Datadog in a research report on Monday, October 5th. They set an "outperform" rating and a $335.00 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Datadog presently has an average rating of "Moderate Buy" and an average target price of $285.04.

Insider Buying and Selling at Datadog

In related news, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $227.02, for a total transaction of $12,239,102.24. Following the transaction, the chief technology officer directly owned 509,805 shares of the company's stock, valued at $115,735,931.10. This trade represents a 9.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Obstler sold 40,000 shares of the business's stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $227.47, for a total transaction of $9,098,800.00. Following the completion of the transaction, the chief financial officer directly owned 378,067 shares of the company's stock, valued at $85,998,900.49. This trade represents a 9.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 881,710 shares of company stock valued at $213,560,746 in the last ninety days. Company insiders own 6.48% of the company's stock.

About Datadog

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog's products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.

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