2,490 Shares in Datadog, Inc. $DDOG Purchased by EntryPoint Capital LLC

Key Points

• EntryPoint Capital LLC has acquired a new position in Datadog, purchasing 2,490 shares for approximately $247,000.
• Datadog's stock recently opened at $131.22, with a year-high of $170.08 and a market capitalization of $45.76 billion.
• The company reported earnings of $0.46 per share in its latest quarter, exceeding analyst expectations and marking a 28.1% increase in revenue year-over-year.

EntryPoint Capital LLC purchased a new stake in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 2,490 shares of the company's stock, valued at approximately $247,000.

Several other hedge funds and other institutional investors also recently modified their holdings of DDOG. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in Datadog by 887.0% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company's stock worth $25,000 after purchasing an additional 22,646 shares during the period. Cornerstone Planning Group LLC grew its holdings in Datadog by 96.9% in the first quarter. Cornerstone Planning Group LLC now owns 313 shares of the company's stock worth $30,000 after purchasing an additional 154 shares during the period. Costello Asset Management INC purchased a new stake in Datadog in the first quarter worth about $30,000. Putney Financial Group LLC purchased a new stake in Datadog in the fourth quarter worth about $32,000. Finally, Elequin Capital LP purchased a new stake in Datadog in the fourth quarter worth about $34,000. Hedge funds and other institutional investors own 78.29% of the company's stock.

Datadog Stock Performance

Datadog stock traded down $3.40 during mid-day trading on Friday, reaching $137.57. 1,951,694 shares of the company traded hands, compared to its average volume of 5,854,239. The company has a market capitalization of $47.98 billion, a price-to-earnings ratio of 393.28, a price-to-earnings-growth ratio of 54.33 and a beta of 1.02. Datadog, Inc. has a fifty-two week low of $81.63 and a fifty-two week high of $170.08. The firm's fifty day moving average is $137.24 and its two-hundred day moving average is $119.50. 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 (NASDAQ:DDOG - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.05. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The firm had revenue of $826.76 million for the quarter, compared to analyst estimates of $791.72 million. During the same quarter in the prior year, the business earned $0.43 earnings per share. The business's quarterly 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, equities research analysts expect that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on DDOG shares. Scotiabank reiterated an "outperform" rating on shares of Datadog in a report on Friday, August 8th. Macquarie dropped their price target on shares of Datadog from $175.00 to $140.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 7th. Rosenblatt Securities lowered their target price on shares of Datadog from $160.00 to $150.00 and set a "buy" rating on the stock in a research note on Monday, May 5th. Barclays set a $170.00 target price on shares of Datadog and gave the company an "overweight" rating in a research note on Thursday, August 7th. Finally, Guggenheim reiterated a "sell" rating and issued a $105.00 price target on shares of Datadog in a report on Tuesday, July 8th. Twenty-four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Datadog presently has an average rating of "Moderate Buy" and a consensus target price of $153.10.

Insider Buying and Selling at Datadog

In other news, Director Matthew Jacobson sold 575,863 shares of the firm's stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $126.96, for a total value of $73,111,566.48. Following the transaction, the director directly owned 219,831 shares of the company's stock, valued at approximately $27,909,743.76. This trade represents a 72.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CTO Alexis Le-Quoc sold 127,105 shares of the firm's stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $119.96, for a total transaction of $15,247,515.80. Following the completion of the transaction, the chief technology officer directly owned 452,769 shares in the company, valued at approximately $54,314,169.24. This represents a 21.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,613,650 shares of company stock valued at $206,313,892 over the last ninety days. Corporate 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.