Datadog, Inc. $DDOG Shares Sold by Jackson Square Capital LLC

Key Points

• Jackson Square Capital cut its Datadog stake by 84.2% in the third quarter, selling 5,415 shares and retaining 1,016 shares valued at approximately $278,000. Institutional investors and hedge funds collectively own 78.29% of DDOG.
• Datadog shares rose 6.8% to $263.83, while the company reported quarterly revenue of $1.12 billion, up 35.6% year over year, and adjusted EPS of $0.65, exceeding analyst expectations.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $285.04; Bernstein and Mizuho recently raised their targets to $350 and $330, respectively, citing AI-driven demand and improving growth trends.

Jackson Square Capital LLC reduced its stake in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) by 84.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,016 shares of the company's stock after selling 5,415 shares during the period. Jackson Square Capital LLC's holdings in Datadog were worth $278,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. EMC Capital Management acquired a new stake in shares of Datadog in the second quarter valued at about $28,000. Cornerstone Financial Management LLC raised its position in shares of Datadog by 54.9% during the second quarter. Cornerstone Financial Management LLC now owns 127 shares of the company's stock worth $33,000 after acquiring an additional 45 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Datadog by 341.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company's stock worth $38,000 after acquiring an additional 246 shares during the last quarter. Elevation Wealth Partners LLC raised its position in shares of Datadog by 2,700.0% during the second quarter. Elevation Wealth Partners LLC now owns 168 shares of the company's stock worth $44,000 after acquiring an additional 162 shares during the last quarter. Finally, Armstrong Advisory Group Inc. acquired a new position in shares of Datadog in the third quarter worth approximately $46,000. 78.29% of the stock is owned by institutional investors and hedge funds.

Datadog Trading Up 6.8%

Shares of Datadog stock traded up $16.72 on Monday, hitting $263.83. 1,412,590 shares of the company's stock traded hands, compared to its average volume of 5,135,013. The company has a fifty day moving average of $246.68 and a two-hundred day moving average of $222.00. Datadog, Inc. has a one year low of $98.01 and a one year high of $300.68. The company has a market capitalization of $94.74 billion, a price-to-earnings ratio of 538.84, a price-to-earnings-growth ratio of 24.12 and a beta of 1.51. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20.

Datadog (NASDAQ:DDOG - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $1.08 billion. During the same period in the prior year, the firm earned $0.46 earnings per share. Datadog's revenue was up 35.6% on a year-over-year basis. 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, sell-side analysts expect that Datadog, Inc. will post 0.70 earnings per share for the current year.

Key Stories Impacting Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Bernstein upgraded Datadog to Outperform from Market Perform and lifted its price target to $350 from $237. The firm cited accelerating AI workloads and improving demand trends as reasons for greater confidence in Datadog’s growth outlook. Datadog Stock Looks to Snap 5-Day Skid After Upgrade
• Positive Sentiment: Broader investor interest in AI-related cloud software supported Datadog, with the company among the stronger technology-stock movers. The market appears to be reassessing the growth potential of software companies tied to rising AI infrastructure and application usage. Datadog Jumps 5% as Bernstein Upgrade Cites AI Demand
• Positive Sentiment: Mizuho also raised its Datadog price target to $330, adding further positive analyst support and reinforcing expectations for continued earnings and revenue growth. Mizuho Raises Datadog Stock Target to USD 330
• Positive Sentiment: Robertson Stephens Wealth Management increased its Datadog holdings by 218.2% during the third quarter. Although the position remains relatively small, the purchase provides a modest additional institutional-demand signal. Datadog Stock Position Boosted by Robertson Stephens Wealth Management
• Neutral Sentiment: Recent coverage also describes Datadog as a long-term growth candidate based on its growth-stock characteristics, but it provides limited new company-specific information or near-term earnings catalysts. Why Datadog Is a Top Growth Stock for the Long-Term

Wall Street Analysts Forecast Growth

Several analysts recently commented on DDOG shares. Cantor Fitzgerald upped their target price on Datadog from $226.00 to $327.00 and gave the company an "overweight" rating in a report on Monday, August 3rd. Zacks Research downgraded shares of Datadog from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 17th. Robert W. Baird set a $300.00 price target on shares of Datadog in a report on Friday, August 7th. KeyCorp raised their price target on shares of Datadog from $225.00 to $320.00 and gave the stock an "overweight" rating in a report on Thursday, July 16th. Finally, Canaccord Genuity Group boosted their price target on shares of Datadog from $250.00 to $295.00 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. Three equities research analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $285.04.

Insider Buying and Selling at Datadog

In other Datadog news, CEO Olivier Pomel sold 127,141 shares of the firm's stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $286.71, for a total value of $36,452,596.11. Following the transaction, the chief executive officer directly owned 612,747 shares of the company's stock, valued at approximately $175,680,692.37. This trade represents a 17.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Obstler sold 40,000 shares of Datadog stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $227.47, for a total transaction of $9,098,800.00. Following the transaction, the chief financial officer owned 378,067 shares of the company's stock, valued at $85,998,900.49. This represents a 9.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 948,764 shares of company stock valued at $229,976,494. Corporate insiders own 6.48% of the company's stock.

Datadog Company Profile

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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