Groupe la Francaise Makes New $6.27 Million Investment in Datadog, Inc. $DDOG

Key Points

• Groupe la Francaise acquired 59,838 shares of Datadog, Inc. (NASDAQ: DDOG) for approximately $6.27 million, marking its entry into a significant stake in the company during the first quarter.
• Datadog reported a quarterly earnings EPS of $0.46, surpassing analysts' expectations of $0.41, alongside a 28.1% year-over-year revenue growth to $826.76 million.
• Currently, 78.29% of Datadog's stock is held by institutional investors, with various analysts giving the stock a consensus rating of "Moderate Buy" and an average price target of $153.10.

Groupe la Francaise purchased a new position in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 59,838 shares of the company's stock, valued at approximately $6,274,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Emerald Advisers LLC boosted its stake in shares of Datadog by 1.1% during the 1st quarter. Emerald Advisers LLC now owns 9,300 shares of the company's stock worth $923,000 after acquiring an additional 97 shares during the period. YANKCOM Partnership boosted its stake in Datadog by 12.0% in the 1st quarter. YANKCOM Partnership now owns 927 shares of the company's stock valued at $92,000 after purchasing an additional 99 shares during the period. Covestor Ltd boosted its stake in Datadog by 8.9% in the 1st quarter. Covestor Ltd now owns 1,388 shares of the company's stock valued at $138,000 after purchasing an additional 113 shares during the period. State of Wyoming boosted its stake in Datadog by 3.7% in the 4th quarter. State of Wyoming now owns 3,277 shares of the company's stock valued at $468,000 after purchasing an additional 117 shares during the period. Finally, Forum Financial Management LP boosted its stake in Datadog by 6.1% in the 1st quarter. Forum Financial Management LP now owns 2,040 shares of the company's stock valued at $202,000 after purchasing an additional 118 shares during the period. Institutional investors and hedge funds own 78.29% of the company's stock.

Datadog Stock Up 6.5%

DDOG stock traded up $8.51 during trading on Thursday, reaching $140.24. 5,470,612 shares of the stock were exchanged, compared to its average volume of 5,854,658. The firm's 50 day moving average is $137.02 and its 200 day moving average is $119.54. Datadog, Inc. has a twelve month low of $81.63 and a twelve month high of $170.08. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31. The firm has a market cap of $48.91 billion, a P/E ratio of 400.71, a price-to-earnings-growth ratio of 52.09 and a beta of 1.02.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its quarterly earnings results 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. The business had revenue of $826.76 million for the quarter, compared to the consensus estimate of $791.72 million. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The firm's revenue for the quarter was up 28.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.43 EPS. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. As a group, research analysts forecast that Datadog, Inc. will post 0.34 EPS for the current year.

Insider Transactions at Datadog

In related news, CFO David M. Obstler sold 35,016 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $117.40, for a total transaction of $4,110,878.40. Following the sale, the chief financial officer owned 399,270 shares of the company's stock, valued at approximately $46,874,298. This represents a 8.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Matthew Jacobson sold 59,965 shares of Datadog stock in a transaction on Monday, August 25th. The shares were sold at an average price of $128.60, for a total value of $7,711,499.00. Following the sale, the director directly owned 452,640 shares of the company's stock, valued at $58,209,504. This represents a 11.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 930,139 shares of company stock valued at $119,207,009 in the last three months. 8.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

DDOG has been the subject of several recent research reports. Jefferies Financial Group boosted their price target on Datadog from $135.00 to $160.00 and gave the company a "buy" rating in a research note on Monday, August 4th. Wells Fargo & Company lowered their price target on Datadog from $140.00 to $115.00 and set an "equal weight" rating for the company in a report on Wednesday, May 7th. Canaccord Genuity Group upped their target price on Datadog from $145.00 to $160.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Guggenheim reiterated a "sell" rating and set a $105.00 price target on shares of Datadog in a report on Tuesday, July 8th. Finally, Cantor Fitzgerald upped their price target on Datadog from $171.00 to $179.00 and gave the company an "overweight" rating in a research report on Thursday, August 7th. Twenty-four equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Datadog currently has a consensus rating of "Moderate Buy" and a consensus target price of $153.10.

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.