First Trust Advisors LP Has $270.54 Million Stock Position in Datadog, Inc. $DDOG

Key Points

• First Trust Advisors LP raised its stake in Datadog by 6.2% in Q3 to 1,899,851 shares, holding about $270.54 million or ~0.54% of the company.
• Datadog beat estimates last quarter with $0.59 EPS vs. $0.55 expected and $953.2M revenue (+29.2% YoY), and issued FY2026 EPS guidance of 2.08–2.16 (Q1 guidance 0.49–0.51).
• There has been notable insider selling—292,993 shares (~$38.7M) sold in the past 90 days—while insiders own 8.7% of the stock and institutional investors own 78.29%.

First Trust Advisors LP increased its stake in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 6.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,899,851 shares of the company's stock after purchasing an additional 111,093 shares during the quarter. First Trust Advisors LP owned approximately 0.54% of Datadog worth $270,539,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of DDOG. Westside Investment Management Inc. boosted its position in Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company's stock valued at $27,000 after buying an additional 75 shares during the last quarter. Nilsine Partners LLC raised its position in shares of Datadog by 2.4% during the third quarter. Nilsine Partners LLC now owns 3,396 shares of the company's stock worth $484,000 after acquiring an additional 78 shares during the last quarter. PDS Planning Inc raised its position in shares of Datadog by 4.2% during the third quarter. PDS Planning Inc now owns 1,975 shares of the company's stock worth $281,000 after acquiring an additional 80 shares during the last quarter. Ameritas Investment Partners Inc. lifted its stake in shares of Datadog by 0.8% during the second quarter. Ameritas Investment Partners Inc. now owns 10,466 shares of the company's stock valued at $1,406,000 after acquiring an additional 82 shares during the period. Finally, Prostatis Group LLC boosted its holdings in Datadog by 4.6% in the third quarter. Prostatis Group LLC now owns 1,958 shares of the company's stock valued at $279,000 after acquiring an additional 87 shares during the last quarter. Institutional investors and hedge funds own 78.29% of the company's stock.

Datadog Trading Up 2.8%

NASDAQ:DDOG opened at $125.75 on Friday. The company has a current ratio of 3.38, a quick ratio of 3.38 and a debt-to-equity ratio of 0.26. Datadog, Inc. has a 1-year low of $81.63 and a 1-year high of $201.69. The firm has a market capitalization of $44.34 billion, a price-to-earnings ratio of 405.65, a PEG ratio of 34.56 and a beta of 1.31. The business's 50-day moving average price is $124.08 and its two-hundred day moving average price is $141.80.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.04. The company had revenue of $953.19 million during the quarter, compared to analyst estimates of $916.53 million. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The company's revenue for the quarter was up 29.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.49 EPS. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. On average, equities analysts expect that Datadog, Inc. will post 0.34 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on DDOG. UBS Group set a $195.00 price objective on Datadog in a research report on Monday, February 9th. Citigroup cut their target price on shares of Datadog from $200.00 to $175.00 and set a "buy" rating on the stock in a research report on Friday, January 16th. Wolfe Research reduced their target price on shares of Datadog from $185.00 to $160.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 10th. Rosenblatt Securities reiterated a "buy" rating and set a $185.00 price target on shares of Datadog in a research report on Wednesday, February 11th. Finally, Cantor Fitzgerald dropped their price target on shares of Datadog from $220.00 to $150.00 and set an "overweight" rating for the company in a research note on Friday, February 6th. Thirty-six research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $179.62.

Insider Activity at Datadog

In other Datadog news, Director Shardul Shah sold 7,916 shares of the company's stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $124.89, for a total value of $988,629.24. Following the completion of the sale, the director owned 340,701 shares of the company's stock, valued at approximately $42,550,147.89. This represents a 2.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Alexis Le-Quoc sold 53,912 shares of the stock in a transaction on Monday, December 8th. The stock was sold at an average price of $154.05, for a total transaction of $8,305,143.60. Following the completion of the sale, the chief technology officer owned 295,448 shares in the company, valued at approximately $45,513,764.40. This trade represents a 15.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 292,993 shares of company stock worth $38,734,569. 8.70% of the stock is currently owned by company insiders.

Datadog Profile

Datadog NASDAQ: DDOG is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog's platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company's product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.

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