11,275 Shares in Datadog, Inc. $DDOG Purchased by Scientech Research LLC

Key Points

• Scientech Research LLC has invested approximately $1.12 million in Datadog, acquiring 11,275 shares, signaling continued interest from institutional investors.
• Datadog's recent quarterly earnings surpassed expectations, reporting $826.76 million in revenue and an EPS of $0.46, up 28.1% year-over-year.
• Analysts have a consensus "Moderate Buy" rating for Datadog, with an average price target of $153.10, reflecting bullish sentiment in the market.

Scientech Research LLC acquired a new position in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 11,275 shares of the company's stock, valued at approximately $1,119,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Brighton Jones LLC purchased a new position in Datadog in the 4th quarter worth about $209,000. Bison Wealth LLC purchased a new stake in shares of Datadog in the 4th quarter valued at approximately $228,000. Captrust Financial Advisors increased its holdings in Datadog by 17.6% in the fourth quarter. Captrust Financial Advisors now owns 11,190 shares of the company's stock worth $1,599,000 after buying an additional 1,677 shares during the last quarter. Cetera Investment Advisers lifted its stake in Datadog by 24.4% in the fourth quarter. Cetera Investment Advisers now owns 61,603 shares of the company's stock valued at $8,802,000 after acquiring an additional 12,086 shares during the last quarter. Finally, Driehaus Capital Management LLC bought a new stake in Datadog in the fourth quarter worth approximately $477,000. 78.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DDOG has been the subject of several analyst reports. Bank of America lifted their price objective on shares of Datadog from $150.00 to $175.00 and gave the company a "buy" rating in a research note on Monday, July 7th. DA Davidson set a $160.00 price target on Datadog and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Scotiabank reissued an "outperform" rating on shares of Datadog in a research note on Friday, August 8th. Barclays set a $170.00 target price on Datadog and gave the stock an "overweight" rating in a research report on Thursday, August 7th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $175.00 price target on shares of Datadog in a report on Thursday, August 14th. Twenty-four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Datadog currently has an average rating of "Moderate Buy" and an average target price of $153.10.

Datadog Stock Performance

DDOG stock traded down $1.71 on Friday, reaching $137.44. 1,127,857 shares of the company were exchanged, compared to its average volume of 5,767,664. The firm has a market capitalization of $47.93 billion, a PE ratio of 392.48, a PEG ratio of 54.78 and a beta of 1.10. Datadog, Inc. has a 12 month low of $81.63 and a 12 month high of $170.08. The stock's fifty day moving average price is $137.74 and its 200 day moving average price is $119.84. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.43 and a quick ratio of 3.43.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.05. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The company had revenue of $826.76 million for the quarter, compared to analyst estimates of $791.72 million. During the same period last year, the business posted $0.43 EPS. The business's quarterly revenue was up 28.1% on a year-over-year basis. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. On average, research analysts anticipate that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Insider Activity at Datadog

In other Datadog news, Director Matthew Jacobson sold 575,863 shares of the firm's stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $126.96, for a total value of $73,111,566.48. Following the completion of the sale, the director owned 219,831 shares in the company, valued at approximately $27,909,743.76. This trade represents a 72.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Olivier Pomel sold 100,754 shares of Datadog stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $131.88, for a total value of $13,287,437.52. Following the sale, the chief executive officer directly owned 548,715 shares in the company, valued at $72,364,534.20. The trade was a 15.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,406,371 shares of company stock worth $184,294,753 over the last three months. Company insiders own 8.70% of the company's stock.

Datadog 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.