World Investment Advisors Takes $485,000 Position in Datadog, Inc. $DDOG

World Investment Advisors purchased a new position in shares of Datadog, Inc. (NASDAQ:DDOG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,610 shares of the company’s stock, valued at approximately $485,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Costello Asset Management INC bought a new position in Datadog during the 1st quarter worth $30,000. Cornerstone Planning Group LLC boosted its holdings in shares of Datadog by 96.9% during the first quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock valued at $30,000 after acquiring an additional 154 shares during the period. Interchange Capital Partners LLC acquired a new position in shares of Datadog during the second quarter valued at $42,000. Ameritas Advisory Services LLC bought a new position in shares of Datadog during the second quarter worth about $55,000. Finally, V Square Quantitative Management LLC increased its holdings in shares of Datadog by 13.8% in the 2nd quarter. V Square Quantitative Management LLC now owns 601 shares of the company’s stock worth $81,000 after acquiring an additional 73 shares during the period. Institutional investors and hedge funds own 78.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on DDOG shares. Wells Fargo & Company initiated coverage on shares of Datadog in a research note on Tuesday, September 30th. They set an “overweight” rating and a $190.00 target price for the company. Guggenheim reiterated a “sell” rating and set a $105.00 price objective on shares of Datadog in a research report on Tuesday, July 8th. Needham & Company LLC restated a “buy” rating and issued a $175.00 target price on shares of Datadog in a research report on Thursday, August 14th. Citigroup lifted their target price on Datadog from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Monday, August 18th. Finally, Robert W. Baird set a $165.00 price target on Datadog in a research report on Wednesday. Twenty-six investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $165.13.

Datadog Trading Up 3.7%

NASDAQ:DDOG opened at $162.81 on Monday. The stock has a market cap of $56.78 billion, a PE ratio of 465.18, a price-to-earnings-growth ratio of 63.70 and a beta of 1.20. Datadog, Inc. has a fifty-two week low of $81.63 and a fifty-two week high of $170.08. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.43 and a quick ratio of 3.43. The stock’s 50-day moving average is $146.02 and its two-hundred day moving average is $132.39.

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

Insider Activity at Datadog

In other news, Director Shardul Shah sold 7,916 shares of the business’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of $162.58, for a total transaction of $1,286,983.28. Following the transaction, the director directly owned 364,449 shares in the company, valued at $59,252,118.42. The trade was a 2.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO Alexis Le-Quoc sold 41,468 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $150.94, for a total transaction of $6,259,179.92. Following the completion of the transaction, the chief technology officer directly owned 438,885 shares in the company, valued at $66,245,301.90. This trade represents a 8.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,491,232 shares of company stock worth $202,944,249. 8.70% of the stock is currently owned by company insiders.

About Datadog

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.