Datadog, Inc. $DDOG Shares Sold by NewEdge Advisors LLC

Key Points

• NewEdge Advisors cut its Datadog position by 42.1% in the first quarter, selling 6,357 shares and retaining 8,743 shares valued at approximately $1.03 million. Institutional investors collectively own 78.29% of DDOG.
• Datadog reported stronger-than-expected quarterly results, with adjusted EPS of $0.65 versus $0.58 expected and revenue of $1.12 billion, up 35.6% year over year. Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $276.32.
• Valuation and insider selling are notable risks: Datadog trades at a price-to-earnings ratio above 500, while insiders sold roughly 1.47 million shares worth $363.4 million in the last quarter.

NewEdge Advisors LLC decreased its position in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 42.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,743 shares of the company's stock after selling 6,357 shares during the quarter. NewEdge Advisors LLC's holdings in Datadog were worth $1,032,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Elevation Point Wealth Partners LLC boosted its holdings in Datadog by 3.3% in the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company's stock worth $242,000 after purchasing an additional 55 shares during the period. Chicago Partners Investment Group LLC boosted its holdings in shares of Datadog by 1.6% in the 4th quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company's stock valued at $622,000 after buying an additional 73 shares during the period. Vivaldi Capital Management LP grew its position in shares of Datadog by 2.8% during the 3rd quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company's stock valued at $383,000 after buying an additional 74 shares during the last quarter. State of Wyoming raised its stake in Datadog by 4.1% during the first quarter. State of Wyoming now owns 1,946 shares of the company's stock worth $230,000 after acquiring an additional 76 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in Datadog by 2.0% in the fourth quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company's stock worth $529,000 after acquiring an additional 78 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors.

More Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Analysts maintain a favorable view of Datadog, with an average rating of “Moderate Buy” and an average price target of $276.32, implying potential upside from recent trading levels. Needham raised its target to $300, DA Davidson maintained a $315 target, and Scotiabank increased its target to $285. Datadog Receives Moderate Buy Rating
• Positive Sentiment: Datadog’s latest quarterly results exceeded expectations: adjusted EPS was $0.65 versus a $0.58 consensus estimate, while revenue reached $1.12 billion, up 35.6% year over year and above the $1.08 billion forecast. The company also issued quarterly and full-year 2026 EPS guidance. Its observability and security products continue to provide exposure to artificial intelligence and cloud-security spending. AI Security Stocks Stand Out
• Neutral Sentiment: Institutional ownership remains substantial at 78.29%, and several funds increased their Datadog positions or initiated new stakes. However, Goldman Sachs retained a “sell” rating with a $158 target, highlighting significant disagreement over the stock’s valuation.
• Negative Sentiment: Director Matthew Jacobson sold a combined 59,424 shares for approximately $15 million across August 13 and 14, reducing his holdings by roughly 10% while retaining 524,708 shares. Director Amit Agarwal separately sold 20,000 shares for about $5 million, leaving him with only 1,640 shares. Agarwal’s transaction was conducted under a pre-arranged Rule 10b5-1 plan, which may lessen its informational significance, but the repeated sales can still weigh on sentiment. Datadog Director Stock Sale Datadog Insider Selling Alert
• Negative Sentiment: Datadog trades at an exceptionally high valuation, with a price-to-earnings ratio above 500 and a PEG ratio near 27. That leaves the stock vulnerable to profit-taking or disappointment if its rapid growth and guidance fail to accelerate enough to justify investor expectations.

Analyst Ratings Changes

DDOG has been the topic of a number of research reports. Robert W. Baird set a $300.00 price target on Datadog in a research report on Friday, August 7th. Mizuho increased their target price on Datadog from $220.00 to $300.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 15th. TD Cowen raised their target price on Datadog from $260.00 to $300.00 and gave the company a "buy" rating in a research note on Wednesday, July 22nd. Daiwa Securities Group upped their price target on shares of Datadog from $190.00 to $240.00 and gave the stock a "buy" rating in a research report on Wednesday, May 13th. Finally, Cantor Fitzgerald lifted their price objective on shares of Datadog from $226.00 to $327.00 and gave the company an "overweight" rating in a research report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $276.32.

Datadog Stock Down 0.5%

DDOG stock opened at $246.00 on Wednesday. The firm's 50-day moving average is $249.61 and its two-hundred day moving average is $184.12. The company has a market capitalization of $88.33 billion, a price-to-earnings ratio of 502.05, a price-to-earnings-growth ratio of 26.87 and a beta of 1.54. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $292.72. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share (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 analysts' expectations of $1.08 billion. During the same period last year, the firm posted $0.46 earnings per share. The business'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. On average, analysts forecast that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Michael James Callahan sold 112,500 shares of Datadog stock in a transaction on Friday, June 12th. The stock was sold at an average price of $231.60, for a total transaction of $26,055,000.00. Following the transaction, the director directly owned 14,996 shares in the company, valued at approximately $3,473,073.60. This trade represents a 88.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dev Ittycheria sold 120,000 shares of the business's stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $248.78, for a total value of $29,853,600.00. Following the completion of the sale, the director directly owned 39,235 shares in the company, valued at $9,760,883.30. This represents a 75.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,465,134 shares of company stock worth $363,421,509 in the last quarter. 6.48% of the stock is currently owned by corporate insiders.

Datadog Profile

Datadog NASDAQ: DDOG is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog's platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company's product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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