Datadog, Inc. $DDOG Shares Acquired by Bayforest Capital Ltd

Bayforest Capital Ltd increased its position in Datadog, Inc. (NASDAQ:DDOG) by 3.7% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,177 shares of the company’s stock after purchasing an additional 150 shares during the period. Bayforest Capital Ltd’s holdings in Datadog were worth $561,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Motley Fool Asset Management LLC grew its stake in Datadog by 149.0% in the first quarter. Motley Fool Asset Management LLC now owns 38,132 shares of the company’s stock worth $3,783,000 after purchasing an additional 22,818 shares in the last quarter. LBP AM SA grew its stake in Datadog by 40.2% in the first quarter. LBP AM SA now owns 419,805 shares of the company’s stock worth $41,649,000 after purchasing an additional 120,343 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Datadog by 24.7% in the first quarter. Envestnet Asset Management Inc. now owns 787,344 shares of the company’s stock worth $78,112,000 after purchasing an additional 156,152 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in Datadog by 178.6% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 91,046 shares of the company’s stock worth $9,032,000 after purchasing an additional 58,369 shares in the last quarter. Finally, Mizuho Markets Americas LLC acquired a new position in Datadog in the first quarter worth about $15,526,000. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Amit Agarwal sold 45,444 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $150.08, for a total transaction of $6,820,235.52. Following the sale, the director owned 1,640 shares of the company’s stock, valued at $246,131.20. The trade was a 96.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Alexis Le-Quoc sold 41,468 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $150.94, for a total value of $6,259,179.92. Following the sale, the chief technology officer directly owned 438,885 shares in the company, valued at approximately $66,245,301.90. The trade was a 8.63% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 1,474,983 shares of company stock worth $200,279,885. 8.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

DDOG has been the subject of a number of research reports. Citigroup lifted their price target on Datadog from $165.00 to $170.00 and gave the stock a “buy” rating in a research note on Monday, August 18th. Morgan Stanley raised their target price on shares of Datadog from $115.00 to $165.00 and gave the stock an “equal weight” rating in a report on Thursday, July 10th. Jefferies Financial Group raised their target price on shares of Datadog from $160.00 to $190.00 and gave the stock a “buy” rating in a report on Tuesday. Wells Fargo & Company assumed coverage on shares of Datadog in a report on Tuesday, September 30th. They issued an “overweight” rating and a $190.00 target price on the stock. Finally, Needham & Company LLC reissued a “buy” rating and issued a $175.00 target price on shares of Datadog in a report on Thursday, August 14th. Twenty-four research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $159.54.

Datadog Stock Performance

DDOG opened at $160.88 on Wednesday. The business’s 50 day moving average is $139.12 and its 200-day moving average is $126.17. The stock has a market cap of $56.11 billion, a PE ratio of 459.67, a price-to-earnings-growth ratio of 64.24 and a beta of 1.21. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31. Datadog, Inc. has a twelve month low of $81.63 and a twelve month high of $170.08.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.05. The company had revenue of $826.76 million for the quarter, compared to analysts’ expectations of $791.72 million. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The business’s revenue for the quarter was up 28.1% compared to the same quarter last year. During the same quarter in the previous year, the company 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. On average, analysts predict that Datadog, Inc. will post 0.34 earnings per share for the current year.

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.