Hennion & Walsh Asset Management Inc. Has $870,000 Stake in Datadog, Inc. $DDOG

Key Points

• Hennion & Walsh cut its Datadog stake by 54.7% in the second quarter, selling 4,036 shares and retaining 3,340 shares valued at approximately $870,000. Institutional investors collectively own 78.29% of DDOG.
• Datadog reported quarterly earnings of $0.65 per share, beating estimates of $0.58, while revenue rose 35.6% year over year to $1.12 billion. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $276.32.
• Valuation and insider selling remain key risks: DDOG trades at a very high earnings multiple, while insiders have sold more than $352 million in stock over the past 90 days, even as the company continues to benefit from enterprise and AI-driven demand.

Hennion & Walsh Asset Management Inc. decreased its position in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 54.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,340 shares of the company's stock after selling 4,036 shares during the quarter. Hennion & Walsh Asset Management Inc.'s holdings in Datadog were worth $870,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new stake in Datadog in the third quarter worth approximately $27,000. Flagship Harbor Advisors LLC bought a new position in shares of Datadog during the 4th quarter valued at $31,000. NBC Securities Inc. raised its holdings in shares of Datadog by 242.6% during the 4th quarter. NBC Securities Inc. now owns 233 shares of the company's stock valued at $32,000 after purchasing an additional 165 shares in the last quarter. Rothschild Investment LLC lifted its stake in shares of Datadog by 52.5% in the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company's stock valued at $37,000 after purchasing an additional 94 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Datadog by 341.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company's stock valued at $38,000 after purchasing an additional 246 shares during the last quarter. Institutional investors and hedge funds own 78.29% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on DDOG shares. New Street Research set a $260.00 target price on shares of Datadog in a research report on Thursday, June 11th. Oppenheimer boosted their price target on Datadog from $220.00 to $300.00 and gave the stock an "outperform" rating in a research report on Monday, July 20th. Wolfe Research reiterated an "outperform" rating and set a $295.00 price target on shares of Datadog in a research note on Thursday, June 11th. Rosenblatt Securities increased their price objective on Datadog from $220.00 to $305.00 and gave the company a "buy" rating in a report on Tuesday, August 4th. Finally, Evercore raised their price objective on Datadog from $225.00 to $265.00 and gave the company an "outperform" rating in a research note on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $276.32.

Datadog Trading Up 4.7%

Shares of DDOG stock opened at $252.24 on Friday. The firm has a market capitalization of $89.79 billion, a P/E ratio of 514.79, a price-to-earnings-growth ratio of 25.19 and a beta of 1.54. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $292.72. The firm's fifty day simple moving average is $248.49 and its 200 day simple moving average is $181.78. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23.

Datadog (NASDAQ:DDOG - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.07. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The business's revenue was up 35.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.46 EPS. 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, sell-side analysts predict that Datadog, Inc. will post 0.66 EPS for the current year.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Strong Q2 performance and AI momentum: Datadog reported $1.12 billion in revenue, up 35.6% year over year, and adjusted EPS of $0.65 versus the $0.58 consensus estimate. Management said AI adoption is accelerating among enterprise customers. Datadog Q2 2026 Earnings Call Transcript
• Positive Sentiment: Large customers are driving recurring revenue: Enterprise bookings generated 91% of annual recurring revenue, while expanding platform usage and AI-related demand point to potentially stronger revenue momentum. Datadog’s Large Customer Base Grows
• Positive Sentiment: Analyst support remains strong: Recent reports include a new buy rating and higher price targets, including DA Davidson’s $315 target and a consensus rating of “Moderate Buy.” One report also described DDOG as a leading momentum stock. New Buy Rating for Datadog
• Neutral Sentiment: Growth comparisons: A comparison with The Trade Desk highlights Datadog’s strong revenue-growth trajectory, but does not introduce a new company-specific catalyst. Datadog vs. The Trade Desk
• Negative Sentiment: Insider selling adds a risk signal: CTO Alexis Le-Quoc sold 53,912 shares worth approximately $13.7 million under a pre-arranged Rule 10b5-1 plan. Because the sale was scheduled and he retained more than 509,000 shares, it may have limited predictive value, but repeated insider sales can weigh on sentiment. Datadog CTO Insider Sale
• Negative Sentiment: Valuation remains demanding: With a market capitalization near $90 billion and a very high earnings multiple, DDOG’s valuation leaves the stock sensitive to any slowdown in growth, enterprise spending or AI monetization.

Insider Activity

In other news, Director Dev Ittycheria sold 120,000 shares of Datadog stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $248.78, for a total transaction of $29,853,600.00. Following the sale, the director owned 39,235 shares of the company's stock, valued at approximately $9,760,883.30. This trade represents a 75.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Olivier Pomel sold 127,141 shares of the business's stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $231.69, for a total value of $29,457,298.29. Following the sale, the chief executive officer owned 612,747 shares in the company, valued at approximately $141,967,352.43. This represents a 17.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,428,934 shares of company stock valued at $352,427,529. Corporate insiders own 6.48% of the company's stock.

Datadog Company 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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