3,638 Shares in Datadog, Inc. $DDOG Purchased by Trust Asset Management LLC

Trust Asset Management LLC purchased a new position in shares of Datadog, Inc. (NASDAQ:DDOG) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 3,638 shares of the company’s stock, valued at approximately $429,000.

Other institutional investors have also recently bought and sold shares of the company. Elevation Point Wealth Partners LLC lifted its position in shares of 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 during the last quarter. Chicago Partners Investment Group LLC increased its holdings in shares of Datadog by 1.6% during the 4th quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock worth $622,000 after acquiring an additional 73 shares during the last quarter. Vivaldi Capital Management LP increased its holdings in shares of Datadog by 2.8% during the 3rd quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock worth $383,000 after acquiring an additional 74 shares during the last quarter. Farther Finance Advisors LLC raised its stake in Datadog by 2.0% in the 4th quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock valued at $529,000 after acquiring an additional 78 shares during the period. Finally, Roberts Wealth Advisors LLC raised its stake in Datadog by 0.6% in the 4th quarter. Roberts Wealth Advisors LLC now owns 14,041 shares of the company’s stock valued at $1,909,000 after acquiring an additional 81 shares during the period. Institutional investors and hedge funds own 78.29% of the company’s stock.

Analysts Set New Price Targets

DDOG has been the subject of several research reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $226.00 price target on shares of Datadog in a report on Thursday, June 11th. Citigroup upped their price objective on shares of Datadog from $218.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, June 17th. The Goldman Sachs Group increased their price objective on shares of Datadog from $121.00 to $139.00 and gave the company a “sell” rating in a research report on Tuesday, May 12th. Canadian Imperial Bank of Commerce raised their target price on shares of Datadog from $250.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Finally, Needham & Company LLC lifted their target price on shares of Datadog from $225.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $242.09.

Insiders Place Their Bets

In related news, Director Dev Ittycheria sold 120,000 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $248.78, for a total transaction of $29,853,600.00. Following the transaction, the director directly owned 39,235 shares of the company’s stock, valued at approximately $9,760,883.30. This trade represents a 75.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO David M. Obstler sold 75,000 shares of Datadog stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $231.69, for a total transaction of $17,376,750.00. Following the completion of the sale, the chief financial officer owned 434,591 shares of the company’s stock, valued at $100,690,388.79. This trade represents a 14.72% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,455,364 shares of company stock valued at $306,341,930 in the last three months. Insiders own 6.48% of the company’s stock.

Datadog Stock Performance

DDOG opened at $220.94 on Friday. The business has a fifty day simple moving average of $198.23 and a 200 day simple moving average of $151.61. The company has a market capitalization of $78.65 billion, a PE ratio of 581.44, a price-to-earnings-growth ratio of 23.40 and a beta of 1.56. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $278.70. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same period in the prior year, the firm posted $0.46 EPS. The company’s revenue for the quarter was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Research analysts expect that Datadog, Inc. will post 0.62 EPS for the current year.

More Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Needham & Company raised its price target on Datadog from $225 to $260 and reiterated a Buy rating, signaling confidence in additional upside for the cloud software company. Needham Raises Datadog Price Target to $260
• Positive Sentiment: Datadog continues to benefit from broadly favorable Wall Street sentiment, with multiple firms maintaining Buy/Outperform ratings and consensus targets above the current trading range, reinforcing the bullish view on earnings and revenue growth.
• Neutral Sentiment: Datadog reported strong recent quarterly results, including EPS and revenue above estimates, plus 32.1% year-over-year revenue growth, which remains a key long-term support for the stock.
• Neutral Sentiment: Short-interest data showed no meaningful short position, so there is no evidence of significant bearish positioning in the stock at this time.
• Negative Sentiment: Insider selling may be weighing a bit on sentiment: CTO Alexis Le-Quoc sold 43,224 shares, and Director Amit Agarwal sold 20,000 shares, both under pre-arranged 10b5-1 trading plans. Those sales are notable, but the planned nature of the transactions makes them less alarming than discretionary selling.

Datadog Company Profile

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.