13,900 Shares in Datadog, Inc. $DDOG Bought by DLD Asset Management LP

Key Points

• DLD Asset Management LP invested approximately $1.38 million in Datadog, Inc., acquiring 13,900 shares during the first quarter.
• Notable institutional investors, including Goldman Sachs and Vanguard Group, have significantly increased their stakes in Datadog, contributing to a total of 78.29% institutional ownership of the stock.
• Company CEO Olivier Pomel and CFO David M. Obstler both sold shares recently, with Pomel's sale representing a 5.81% decrease in his holdings.

DLD Asset Management LP acquired a new stake in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 13,900 shares of the company's stock, valued at approximately $1,379,000.

A number of other institutional investors have also recently bought and sold shares of the company. Siren L.L.C. boosted its position in Datadog by 55.9% during the first quarter. Siren L.L.C. now owns 47,425 shares of the company's stock valued at $4,705,000 after purchasing an additional 17,000 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Datadog by 17.6% in the first quarter. Geneos Wealth Management Inc. now owns 769 shares of the company's stock worth $76,000 after buying an additional 115 shares during the last quarter. IFM Investors Pty Ltd increased its stake in shares of Datadog by 2.8% in the first quarter. IFM Investors Pty Ltd now owns 50,669 shares of the company's stock worth $5,027,000 after purchasing an additional 1,387 shares during the period. Capital Impact Advisors LLC bought a new position in shares of Datadog in the first quarter worth about $6,704,000. Finally, Bayforest Capital Ltd increased its stake in shares of Datadog by 299.9% in the first quarter. Bayforest Capital Ltd now owns 4,027 shares of the company's stock worth $400,000 after purchasing an additional 3,020 shares during the period. Institutional investors and hedge funds own 78.29% of the company's stock.

Datadog Price Performance

Shares of DDOG traded down $2.65 on Friday, hitting $136.50. The company's stock had a trading volume of 3,032,652 shares, compared to its average volume of 4,113,701. The company has a market capitalization of $47.60 billion, a PE ratio of 390.01, a PEG ratio of 53.74 and a beta of 1.11. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.43 and a quick ratio of 3.43. Datadog, Inc. has a fifty-two week low of $81.63 and a fifty-two week high of $170.08. The company has a 50 day moving average price of $137.36 and a 200 day moving average price of $120.07.

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

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on DDOG shares. Wedbush restated an "outperform" rating and set a $140.00 price target on shares of Datadog in a research note on Wednesday, June 11th. Cantor Fitzgerald upped their price objective on Datadog from $171.00 to $179.00 and gave the company an "overweight" rating in a research note on Thursday, August 7th. Jefferies Financial Group upped their price objective on Datadog from $135.00 to $160.00 and gave the company a "buy" rating in a research note on Monday, August 4th. DA Davidson set a $160.00 price objective on Datadog and gave the company a "buy" rating in a research note on Tuesday, August 5th. Finally, Bank of America upped their price objective on Datadog from $150.00 to $175.00 and gave the company a "buy" rating in a research note on Monday, July 7th. Twenty-four equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $153.10.

Insiders Place Their Bets

In other news, Director Matthew Jacobson sold 575,863 shares of the stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $126.96, for a total value of $73,111,566.48. Following the transaction, the director owned 219,831 shares of the company's stock, valued at $27,909,743.76. This represents a 72.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 value 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 approximately $58,735,979.55. This trade represents a 11.20% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,406,371 shares of company stock valued at $184,294,753. 8.70% of the stock is currently owned by corporate insiders.

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.