Maxi Investments CY Ltd Acquires Shares of 18,950 Datadog, Inc. $DDOG

Maxi Investments CY Ltd bought a new position in Datadog, Inc. (NASDAQ:DDOGFree Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 18,950 shares of the company’s stock, valued at approximately $2,698,000.

A number of other hedge funds have also made changes to their positions in the company. Elevation Point Wealth Partners LLC boosted its position in Datadog by 3.3% in the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock valued at $242,000 after buying an additional 55 shares in the last quarter. Westside Investment Management Inc. increased its holdings in shares of Datadog by 74.3% during the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after buying an additional 75 shares in the last quarter. Nilsine Partners LLC increased its holdings in shares of Datadog by 2.4% during the third quarter. Nilsine Partners LLC now owns 3,396 shares of the company’s stock worth $484,000 after buying an additional 78 shares in the last quarter. PDS Planning Inc raised its stake in shares of Datadog by 4.2% in the third quarter. PDS Planning Inc now owns 1,975 shares of the company’s stock valued at $281,000 after acquiring an additional 80 shares during the last quarter. Finally, Ameritas Investment Partners Inc. boosted its holdings in shares of Datadog by 0.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 10,466 shares of the company’s stock worth $1,406,000 after acquiring an additional 82 shares in the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Insider Transactions at Datadog

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $125.49, for a total value of $6,765,416.88. Following the transaction, the chief technology officer owned 437,257 shares in the company, valued at $54,871,380.93. This trade represents a 10.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Olivier Pomel sold 68,922 shares of Datadog stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $110.54, for a total value of $7,618,637.88. Following the completion of the sale, the chief executive officer owned 704,821 shares of the company’s stock, valued at approximately $77,910,913.34. The trade was a 8.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 388,864 shares of company stock worth $48,415,898. 6.67% of the stock is owned by insiders.

Datadog Stock Performance

DDOG stock opened at $126.57 on Tuesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.38. The company has a 50 day moving average price of $122.93 and a 200 day moving average price of $141.68. Datadog, Inc. has a fifty-two week low of $81.63 and a fifty-two week high of $201.69. The stock has a market capitalization of $44.63 billion, a PE ratio of 408.29, a price-to-earnings-growth ratio of 34.23 and a beta of 1.31.

Datadog (NASDAQ:DDOGGet Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. The firm had revenue of $953.19 million for the quarter, compared to analyst estimates of $916.53 million. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The business’s quarterly revenue was up 29.2% compared to the same quarter last year. During the same period last year, the company earned $0.49 EPS. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. Analysts forecast that Datadog, Inc. will post 0.34 EPS for the current year.

Analyst Upgrades and Downgrades

DDOG has been the topic of a number of research analyst reports. Sanford C. Bernstein restated an “outperform” rating on shares of Datadog in a research report on Wednesday, January 21st. BTIG Research cut their price objective on Datadog from $221.00 to $170.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of Datadog in a research note on Wednesday, January 21st. Truist Financial decreased their target price on Datadog from $195.00 to $140.00 and set a “hold” rating on the stock in a report on Wednesday, January 7th. Finally, Moffett Nathanson restated a “buy” rating on shares of Datadog in a research note on Monday, December 29th. Thirty-six analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and an average price target of $179.62.

Get Our Latest Stock Report on Datadog

Datadog Company Profile

(Free Report)

Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company’s product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.

Further Reading

Institutional Ownership by Quarter for Datadog (NASDAQ:DDOG)

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