Datadog, Inc. $DDOG Stake Decreased by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer & Co. Ltd Zurich cut its Datadog stake by 37.2% in the third quarter, selling 5,185 shares and ending with 8,758 shares valued at about $2.39 million.
• Institutional investors own 78.29% of Datadog. Analyst sentiment is broadly positive, with a “Moderate Buy” consensus and an average price target of $287.98.
• Datadog recently beat quarterly earnings and revenue expectations, but its high valuation and concerns about customer usage and whether AI demand will drive durable growth remain risks.

Bank Julius Baer & Co. Ltd Zurich reduced its holdings in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) by 37.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,758 shares of the company's stock after selling 5,185 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich's holdings in Datadog were worth $2,393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of DDOG. Cornerstone Financial Management LLC grew its stake in shares of Datadog by 54.9% in 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 period. United Asset Strategies Inc. raised its holdings in shares of Datadog by 1.1% during the third quarter. United Asset Strategies Inc. now owns 5,997 shares of the company's stock valued at $1,642,000 after purchasing an additional 68 shares during the last quarter. State of Wyoming raised its holdings in shares of Datadog by 4.1% during the first quarter. State of Wyoming now owns 1,946 shares of the company's stock valued at $230,000 after purchasing an additional 76 shares during the last quarter. Roberts Wealth Advisors LLC lifted its position in Datadog by 0.6% during the third quarter. Roberts Wealth Advisors LLC now owns 15,720 shares of the company's stock valued at $4,305,000 after purchasing an additional 91 shares during the period. Finally, Ancora Advisors LLC lifted its position in Datadog by 44.1% during the second quarter. Ancora Advisors LLC now owns 307 shares of the company's stock valued at $80,000 after purchasing an additional 94 shares during the period. 78.29% of the stock is owned by institutional investors.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Analysts see potential for another beat-and-raise quarter. Expectations include roughly 28.9% revenue growth, supported by AI-related demand and adoption of multiple Datadog products; Wedbush is also optimistic about the report. Datadog Likely to Deliver Another Beat-and-Raise Quarter, Wedbush Says Datadog Before Q3 Earnings: What's in the Cards for the Stock?
• Positive Sentiment: Evercore ISI raised its price target to $300, adding to the positive analyst backdrop ahead of earnings. Datadog Price Target Raised to $300 at Evercore ISI
• Neutral Sentiment: Datadog’s CTO sold $12.06 million of shares under a preset trading plan. The planned sale may attract attention but does not, by itself, indicate a change in the company’s outlook. Datadog CTO sells stock under a preset trading plan
• Negative Sentiment: Risks include a major customer reducing usage and a high valuation that leaves little room for an earnings or growth disappointment. One analysis cautioned that investors want proof the AI opportunity is translating into durable results. Datadog: Good AI Story, But I Still Need Proof
• Negative Sentiment: Cloud-software stocks have faced concerns about AI spending and growth deceleration; Datadog also came under pressure amid a broader tech selloff. That cautious sector mood could weigh on shares even if earnings expectations are favorable. Palantir Falls Despite Earnings Beat; Datadog and Snowflake Also Slide

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Mizuho raised their target price on shares of Datadog from $300.00 to $330.00 and gave the stock an "outperform" rating in a report on Thursday, October 15th. Canaccord Genuity Group boosted their target price on shares of Datadog from $250.00 to $295.00 and gave the company a "buy" rating in a research note on Tuesday, August 4th. Royal Bank Of Canada increased their price target on Datadog from $280.00 to $320.00 and gave the company an "outperform" rating in a report on Monday, October 12th. Cantor Fitzgerald increased their price target on Datadog from $226.00 to $327.00 and gave the company an "overweight" rating in a report on Monday, August 3rd. Finally, Sanford C. Bernstein upgraded Datadog from a "market perform" rating to an "outperform" rating and raised their price target for the stock from $237.00 to $350.00 in a research note on Monday, October 19th. Three equities research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $287.98.

Insider Activity

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the company's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $253.36, for a total value of $13,659,144.32. Following the completion of the transaction, the chief technology officer owned 509,805 shares of the company's stock, valued at approximately $129,164,194.80. This represents a 9.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Matthew Jacobson sold 39,912 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $250.55, for a total value of $9,999,951.60. Following the completion of the sale, the director owned 544,220 shares of the company's stock, valued at $136,354,321. The trade was a 6.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 765,293 shares of company stock worth $180,233,548 in the last quarter. Corporate insiders own 6.48% of the company's stock.

Datadog Stock Up 2.0%

DDOG stock opened at $220.52 on Wednesday. The business's 50-day moving average price is $250.77 and its 200-day moving average price is $199.09. The stock has a market cap of $79.18 billion, a P/E ratio of 450.05, a PEG ratio of 21.09 and a beta of 1.50. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $300.68. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23.

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 analysts' expectations of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The firm's revenue was up 35.6% compared to the same quarter last year. During the same quarter last year, the business earned $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. On average, equities research analysts forecast that Datadog, Inc. will post 0.70 EPS for the current year.

Datadog 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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