Datadog, Inc. $DDOG Shares Newly Purchased by Whalen Wealth Management Inc.

Key Points

• Whalen Wealth Management purchased 6,543 Datadog shares worth approximately $1.79 million in the third quarter. Institutional investors collectively own 78.29% of the company.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $277.73. Recent firms raised targets as high as $327.
• Datadog shares rose 0.4% to $272.38, while the company reported quarterly revenue of $1.12 billion and EPS of $0.65, exceeding analyst expectations; revenue increased 35.6% year over year.

Whalen Wealth Management Inc. purchased a new position in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 6,543 shares of the company's stock, valued at approximately $1,792,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DDOG. EMC Capital Management acquired a new position in shares of Datadog during the second quarter worth $28,000. Cornerstone Financial Management LLC grew its holdings in Datadog by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company's stock valued at $33,000 after purchasing an additional 45 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its stake in Datadog by 341.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company's stock worth $38,000 after buying an additional 246 shares during the period. Elevation Wealth Partners LLC lifted its holdings in Datadog by 2,700.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 168 shares of the company's stock worth $44,000 after buying an additional 162 shares in the last quarter. Finally, Planning Strategies Inc. lifted its holdings in Datadog by 529.6% in the 3rd quarter. Planning Strategies Inc. now owns 170 shares of the company's stock worth $47,000 after buying an additional 143 shares in the last quarter. Hedge funds and other institutional investors own 78.29% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on DDOG. Royal Bank Of Canada restated an "outperform" rating and set a $280.00 target price on shares of Datadog in a research note on Thursday, July 16th. Cantor Fitzgerald boosted their price target on Datadog from $226.00 to $327.00 and gave the stock an "overweight" rating in a research note on Monday, August 3rd. Weiss Ratings raised Datadog from a "sell (d+)" rating to a "hold (c)" rating in a report on Wednesday, August 12th. Morgan Stanley raised their price objective on Datadog from $225.00 to $300.00 and gave the company an "overweight" rating in a research note on Tuesday, July 28th. Finally, Barclays lifted their price objective on Datadog from $260.00 to $290.00 and gave the stock an "overweight" rating in a report on Tuesday, July 21st. Three research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $277.73.

Insider Buying and Selling at Datadog

In related news, CFO David Obstler sold 10,000 shares of the firm's stock in a transaction on 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 directly owned 368,067 shares in the company, valued at $88,796,163.75. This trade represents a 2.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Yanbing Li sold 12,700 shares of the business's stock in a transaction on Friday, September 11th. The shares were sold at an average price of $221.26, for a total transaction of $2,810,002.00. Following the sale, the insider owned 250,446 shares of the company's stock, valued at approximately $55,413,681.96. The trade was a 4.83% 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. In the last 90 days, insiders sold 938,076 shares of company stock worth $226,690,473. 6.48% of the stock is owned by insiders.

Datadog Stock Up 0.4%

Datadog stock traded up $1.04 during midday trading on Thursday, hitting $272.38. The stock had a trading volume of 963,943 shares, compared to its average volume of 5,210,956. 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 stock has a market cap of $97.81 billion, a P/E ratio of 554.76, a P/E/G ratio of 27.15 and a beta of 1.51. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $292.72. The business has a fifty day moving average price of $245.16 and a 200 day moving average price of $214.50.

Datadog (NASDAQ:DDOG - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.07. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.Datadog's quarterly revenue was up 35.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.46 EPS. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Research analysts predict that Datadog, Inc. will post 0.7 EPS for the current year.

Datadog Company 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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