Inspire Investing LLC Sells 4,769 Shares of Datadog, Inc. $DDOG

Key Points

• Inspire Investing reduced its Datadog stake by 22.4% in the third quarter, selling 4,769 shares and retaining 16,527 shares valued at approximately $4.5 million. Institutional investors and hedge funds collectively own 78.29% of DDOG.
• Datadog reported quarterly revenue of $1.12 billion and earnings of $0.65 per share, exceeding analyst estimates, while revenue grew 35.6% year over year. The company issued fiscal 2026 earnings guidance of $2.50–$2.54 per share.
• Wall Street remains broadly bullish, with an average rating of “Moderate Buy” and an average price target of $285.04. However, insiders sold 881,710 shares worth about $213.6 million over the past 90 days, including substantial sales by the CEO and CFO under pre-arranged trading plans.

Inspire Investing LLC cut its holdings in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) by 22.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,527 shares of the company's stock after selling 4,769 shares during the quarter. Inspire Investing LLC's holdings in Datadog were worth $4,526,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in DDOG. EMC Capital Management purchased a new stake in Datadog in the 2nd quarter valued at about $28,000. Cornerstone Financial Management LLC increased its stake in shares of Datadog by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company's stock valued at $33,000 after acquiring an additional 45 shares during the last quarter. Elevation Wealth Partners LLC increased its stake in shares of Datadog by 2,700.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 168 shares of the company's stock valued at $44,000 after acquiring an additional 162 shares during the last quarter. Armstrong Advisory Group Inc. purchased a new position in shares of Datadog during the 3rd quarter worth about $46,000. Finally, Planning Strategies Inc. lifted its holdings in shares of Datadog by 529.6% during the 3rd quarter. Planning Strategies Inc. now owns 170 shares of the company's stock worth $47,000 after acquiring an additional 143 shares during the period. 78.29% of the stock is owned by institutional investors and hedge funds.

Datadog Stock Performance

Datadog stock opened at $269.65 on Friday. The stock's 50-day moving average is $247.90 and its 200-day moving average is $226.32. The company has a market cap of $96.83 billion, a price-to-earnings ratio of 550.32, a price-to-earnings-growth ratio of 25.15 and a beta of 1.51. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $300.68.

Datadog (NASDAQ:DDOG - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same period in the previous year, the company posted $0.46 EPS. The company's revenue was up 35.6% compared to the same quarter last year. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Equities analysts anticipate that Datadog, Inc. will post 0.70 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on DDOG shares. Royal Bank Of Canada raised their target price on shares of Datadog from $280.00 to $320.00 and gave the stock an "outperform" rating in a research report on Monday, October 12th. Rosenblatt Securities upped their price target on shares of Datadog from $220.00 to $305.00 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. Benchmark reaffirmed a "buy" rating on shares of Datadog in a research note on Tuesday, July 28th. Raymond James Financial reaffirmed an "outperform" rating and set a $280.00 price target on shares of Datadog in a research note on Thursday, August 6th. Finally, Citigroup lifted their price target on shares of Datadog from $300.00 to $305.00 and gave the company a "buy" rating in a report on Friday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Datadog presently has an average rating of "Moderate Buy" and an average price target of $285.04.

Insider Buying and Selling at Datadog

In other Datadog news, CEO Olivier Pomel sold 127,141 shares of Datadog stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $286.71, for a total transaction of $36,452,596.11. Following the transaction, the chief executive officer directly owned 612,747 shares of the company's stock, valued at $175,680,692.37. The trade was a 17.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Obstler sold 40,000 shares of Datadog stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $227.47, for a total transaction of $9,098,800.00. Following the transaction, the chief financial officer directly owned 378,067 shares in the company, valued at approximately $85,998,900.49. This trade represents a 9.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 881,710 shares of company stock worth $213,560,746. 6.48% of the stock is currently owned by corporate insiders.

Datadog Company Profile

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog's products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.

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