Datadog, Inc. $DDOG Shares Bought by Quent Capital LLC

Quent Capital LLC grew its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 3,129.9% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 42,085 shares of the company’s stock after acquiring an additional 40,782 shares during the period. Quent Capital LLC’s holdings in Datadog were worth $5,653,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Datadog by 3.5% during the first quarter. Vanguard Group Inc. now owns 31,413,032 shares of the company’s stock worth $3,116,487,000 after acquiring an additional 1,058,803 shares during the last quarter. Baillie Gifford & Co. increased its stake in Datadog by 12.6% during the first quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company’s stock worth $1,217,769,000 after acquiring an additional 1,369,522 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Datadog by 259.7% during the first quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company’s stock worth $858,994,000 after acquiring an additional 6,250,942 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Datadog by 23.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,729,254 shares of the company’s stock worth $667,611,000 after acquiring an additional 1,261,065 shares during the last quarter. Finally, Brown Advisory Inc. increased its stake in Datadog by 76.5% during the first quarter. Brown Advisory Inc. now owns 4,853,012 shares of the company’s stock worth $481,467,000 after acquiring an additional 2,103,838 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Datadog Trading Up 0.2%

Shares of DDOG opened at $151.82 on Friday. The company has a market capitalization of $52.95 billion, a P/E ratio of 433.78, a P/E/G ratio of 59.30 and a beta of 1.21. Datadog, Inc. has a one year low of $81.63 and a one year high of $170.08. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.43 and a current ratio of 3.43. The stock has a 50-day moving average price of $136.59 and a 200 day moving average price of $123.39.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.05. The firm had revenue of $826.76 million during 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%.Datadog’s revenue for the quarter was up 28.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.43 earnings per share. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. Sell-side analysts forecast that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Insider Activity at Datadog

In related news, CTO Alexis Le-Quoc sold 55,352 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $133.83, for a total value of $7,407,758.16. Following the completion of the transaction, the chief technology officer owned 438,885 shares of the company’s stock, valued at approximately $58,735,979.55. This represents a 11.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Matthew Jacobson sold 575,863 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $126.96, for a total value of $73,111,566.48. Following the completion of the transaction, the director directly owned 219,831 shares of the company’s stock, valued at $27,909,743.76. This represents a 72.37% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,384,618 shares of company stock valued at $183,444,843. Insiders own 8.70% of the company’s stock.

Analysts Set New Price Targets

DDOG has been the subject of several research analyst reports. Cantor Fitzgerald upped their price target on Datadog from $171.00 to $179.00 and gave the stock an “overweight” rating in a research note on Thursday, August 7th. BMO Capital Markets increased their target price on Datadog from $150.00 to $154.00 and gave the company an “outperform” rating in a research note on Monday, September 29th. DA Davidson increased their target price on Datadog from $170.00 to $180.00 and gave the company a “buy” rating in a research note on Friday. Wells Fargo & Company assumed coverage on Datadog in a research note on Tuesday. They issued an “overweight” rating and a $190.00 target price for the company. Finally, Bank of America increased their target price on Datadog from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, July 7th. Twenty-five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $156.69.

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.