Datadog, Inc. $DDOG Stock Bought by Asset Management One Co. Ltd.

Key Points

• Asset Management One Co. Ltd. increased its Datadog holdings by 3.3% in the third quarter, purchasing 4,363 additional shares for a total position valued at $37.67 million. Institutional investors collectively own 78.29% of DDOG.
• Analysts remain broadly bullish, with a consensus rating of “Moderate Buy” and an average price target of $287.22; several firms recently raised their targets to between $295 and $320.
• Datadog reported quarterly revenue of $1.12 billion, up 35.6% year over year, and earnings of $0.65 per share, beating estimates. The stock opened at $278.41, while insiders sold $208.2 million of shares during the latest quarter under pre-arranged trading plans.

Asset Management One Co. Ltd. lifted its holdings in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 3.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137,558 shares of the company's stock after purchasing an additional 4,363 shares during the period. Asset Management One Co. Ltd.'s holdings in Datadog were worth $37,670,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in DDOG. EMC Capital Management acquired a new position in shares of Datadog in the 2nd quarter worth $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 purchasing an additional 45 shares during the period. Elevation Wealth Partners LLC lifted its holdings 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 valued at $44,000 after purchasing an additional 162 shares during the last quarter. Armstrong Advisory Group Inc. purchased a new stake in shares of Datadog during the third quarter valued at $46,000. Finally, Planning Strategies Inc. lifted its holdings in shares of Datadog by 529.6% during the third quarter. Planning Strategies Inc. now owns 170 shares of the company's stock valued at $47,000 after purchasing an additional 143 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DDOG has been the subject of a number of recent analyst reports. Needham & Company LLC increased their price target on Datadog from $260.00 to $300.00 and gave the company a "buy" rating in a research report on Friday, August 7th. Rosenblatt Securities boosted their price objective on Datadog from $220.00 to $305.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. TD Cowen restated a "buy" rating on shares of Datadog in a report on Monday. Canaccord Genuity Group upped their price objective 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. Finally, UBS Group raised their target price on shares of Datadog from $280.00 to $320.00 and gave the stock a "buy" rating in a report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $287.22.

Datadog Trading Down 0.9%

Shares of NASDAQ DDOG opened at $278.41 on Thursday. Datadog, Inc. has a one year low of $98.01 and a one year high of $300.68. The firm has a market capitalization of $99.97 billion, a PE ratio of 568.20, a PEG ratio of 26.32 and a beta of 1.51. 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 business has a 50-day moving average price of $250.57 and a two-hundred day moving average price of $196.90.

Datadog (NASDAQ:DDOG - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%. The company had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.08 billion. During the same quarter in the previous year, the business posted $0.46 EPS. The business's revenue for the quarter 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, analysts predict that Datadog, Inc. will post 0.70 earnings per share for the current fiscal year.

Insider Buying and Selling at Datadog

In related news, CFO David Obstler sold 10,000 shares of the 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 completion of the sale, the chief financial officer directly owned 368,067 shares in the company, valued at approximately $88,796,163.75. This trade represents a 2.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Sean Walters sold 11,710 shares of Datadog stock in a transaction on Friday, September 11th. The shares were sold at an average price of $221.04, for a total value of $2,588,378.40. Following the sale, the executive directly owned 233,135 shares of the company's stock, valued at approximately $51,532,160.40. The trade was a 4.78% 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. Insiders sold 861,710 shares of company stock valued at $208,224,346 in the last quarter. 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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