Sanders Morris Harris LLC Makes New $3.34 Million Investment in Datadog, Inc. $DDOG

Key Points

• Sanders Morris Harris LLC initiated a $3.34 million position in Datadog by purchasing 12,211 shares during the third quarter. Institutional investors and hedge funds collectively own 78.29% of DDOG.
• Datadog reported quarterly adjusted EPS of $0.65, beating estimates by $0.07, while revenue rose 35.6% year over year to $1.12 billion. The company issued third-quarter fiscal 2026 EPS guidance of $0.63–$0.65.
• Wall Street maintains a favorable outlook, with an average “Moderate Buy” rating and a $280.51 price target. However, insiders sold nearly $241.4 million worth of shares in the latest quarter, including significant sales by the CEO and CTO.

Sanders Morris Harris LLC purchased a new position in Datadog, Inc. (NASDAQ:DDOG - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 12,211 shares of the company's stock, valued at approximately $3,344,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of DDOG. Cornerstone Financial Management LLC raised its position in shares of Datadog by 54.9% during the second quarter. Cornerstone Financial Management LLC now owns 127 shares of the company's stock valued at $33,000 after buying an additional 45 shares during the last quarter. State of Wyoming lifted its stake in shares of Datadog by 4.1% in the first quarter. State of Wyoming now owns 1,946 shares of the company's stock valued at $230,000 after buying an additional 76 shares during the period. Roberts Wealth Advisors LLC grew its position in Datadog by 0.6% during the third quarter. Roberts Wealth Advisors LLC now owns 15,720 shares of the company's stock worth $4,305,000 after buying an additional 91 shares in the last quarter. Ancora Advisors LLC grew its position in Datadog by 44.1% during the second quarter. Ancora Advisors LLC now owns 307 shares of the company's stock worth $80,000 after buying an additional 94 shares in the last quarter. Finally, Quadcap Wealth Management LLC grew its position in Datadog by 5.5% during the first quarter. Quadcap Wealth Management LLC now owns 1,970 shares of the company's stock worth $233,000 after buying an additional 102 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Datadog Price Performance

Shares of Datadog stock traded down $14.01 during mid-day trading on Wednesday, reaching $269.33. 2,978,921 shares of the stock were exchanged, compared to its average volume of 5,173,134. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $300.68. The company has a market cap of $96.71 billion, a price-to-earnings ratio of 549.66, a price-to-earnings-growth ratio of 28.04 and a beta of 1.51. The firm has a 50-day simple moving average of $245.95 and a 200 day simple moving average of $218.99. 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 released its quarterly earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.07. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The company's revenue for the quarter was up 35.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. On average, sell-side analysts predict that Datadog, Inc. will post 0.70 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

DDOG has been the topic of several research reports. Mizuho boosted their price target on Datadog from $220.00 to $300.00 and gave the company an "outperform" rating in a research note on Wednesday, July 15th. Guggenheim upped their price target on Datadog from $225.00 to $300.00 and gave the company a "buy" rating in a report on Wednesday, July 22nd. Weiss Ratings upgraded Datadog from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, October 8th. Capital One Financial lifted their price objective on Datadog from $217.00 to $268.00 and gave the stock an "overweight" rating in a report on Wednesday, June 17th. Finally, BMO Capital Markets set a $300.00 price objective on Datadog in a report on Friday, August 7th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $280.51.

Insider Buying and Selling

In other news, CEO Olivier Pomel sold 127,141 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $286.71, for a total value 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of the business's stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $253.36, for a total value of $13,659,144.32. Following the completion of the transaction, the chief technology officer directly owned 509,805 shares in the company, valued at $129,164,194.80. The trade was a 9.56% 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. Insiders sold 991,988 shares of company stock valued at $241,440,796 in the last quarter. 6.48% of the stock is currently owned by corporate insiders.

About Datadog

Datadog, Inc is a software company that provides a cloud-based monitoring, observability and security platform. Its services help organizations collect, analyze and visualize data from applications, infrastructure, networks, databases and other technology environments, enabling them to identify performance issues, manage incidents and improve digital services.

The company's product offerings include infrastructure monitoring, application performance monitoring, log management, database and network monitoring, real user and synthetic experience monitoring, cloud security, software supply chain security, incident management and workflow automation.

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