Datadog, Inc. $DDOG Shares Sold by QRG Capital Management Inc.

Key Points

• QRG Capital Management Inc. reduced its stake in Datadog, Inc. by 31.1%, selling 6,701 shares during the 2nd quarter, resulting in holdings worth approximately $1.99 million.
• Several institutional investors, including Vanguard Group Inc. and Goldman Sachs Group Inc., significantly increased their stakes in Datadog during the 1st quarter, highlighting strong institutional interest.
• Datadog reported earnings of $0.46 EPS for the last quarter, surpassing analysts' expectations, with a revenue increase of 28.1% year-over-year, while also providing Q3 2025 EPS guidance of 0.440-0.460.

QRG Capital Management Inc. reduced its stake in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 31.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 14,845 shares of the company's stock after selling 6,701 shares during the quarter. QRG Capital Management Inc.'s holdings in Datadog were worth $1,994,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in Datadog by 3.5% during the 1st quarter. Vanguard Group Inc. now owns 31,413,032 shares of the company's stock worth $3,116,487,000 after buying an additional 1,058,803 shares during the period. Baillie Gifford & Co. increased its stake in Datadog by 12.6% during the 1st quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company's stock worth $1,217,769,000 after buying an additional 1,369,522 shares during the period. Goldman Sachs Group Inc. increased its stake in Datadog by 259.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company's stock worth $858,994,000 after buying an additional 6,250,942 shares during the period. Price T Rowe Associates Inc. MD increased its stake in Datadog by 23.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,729,254 shares of the company's stock worth $667,611,000 after buying an additional 1,261,065 shares during the period. Finally, Brown Advisory Inc. increased its stake in Datadog by 76.5% during the 1st quarter. Brown Advisory Inc. now owns 4,853,012 shares of the company's stock worth $481,467,000 after buying an additional 2,103,838 shares during the period. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Datadog Trading Down 1.8%

Shares of NASDAQ:DDOG opened at $154.52 on Wednesday. Datadog, Inc. has a 52 week low of $81.63 and a 52 week high of $170.08. The company's 50 day moving average is $136.81 and its two-hundred day moving average is $124.24. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31. The company has a market cap of $53.89 billion, a PE ratio of 441.50, a P/E/G ratio of 61.57 and a beta of 1.21.

Datadog (NASDAQ:DDOG - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.05. The company had revenue of $826.76 million for the quarter, compared to the consensus estimate of $791.72 million. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The company's quarterly revenue was up 28.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.43 EPS. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. Equities analysts predict that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Citigroup upped their target price on shares of Datadog from $165.00 to $170.00 and gave the stock a "buy" rating in a research note on Monday, August 18th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Datadog in a research note on Saturday, September 27th. BMO Capital Markets upped their target price on shares of Datadog from $150.00 to $154.00 and gave the stock an "outperform" rating in a research note on Monday, September 29th. DA Davidson upped their target price on shares of Datadog from $170.00 to $180.00 and gave the stock a "buy" rating in a research note on Friday, October 3rd. Finally, Barclays set a $170.00 target price on shares of Datadog and gave the stock an "overweight" rating in a research note on Thursday, August 7th. Twenty-four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $156.93.

Insider Activity at Datadog

In related news, Director Amit Agarwal sold 45,444 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $150.08, for a total value of $6,820,235.52. Following the transaction, the director directly owned 1,640 shares of the company's stock, valued at $246,131.20. This trade represents a 96.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CTO Alexis Le-Quoc sold 55,352 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $133.83, for a total transaction of $7,407,758.16. Following the completion of the transaction, the chief technology officer directly owned 438,885 shares in the company, valued at $58,735,979.55. This trade represents a 11.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,351,694 shares of company stock valued at $178,636,292 in the last ninety days. Insiders own 8.70% of the company's stock.

Datadog Company Profile

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.

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