16,195 Shares of Datadog, Inc. $DDOG Acquired by Formuepleje A S

Formuepleje A S bought a new position in Datadog, Inc. (NASDAQ:DDOG) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 16,195 shares of the company’s stock, valued at approximately $4,435,000.

A number of other hedge funds have also bought and sold shares of the business. EMC Capital Management purchased a new position in shares of Datadog during the second quarter valued at approximately $28,000. Cornerstone Financial Management LLC boosted its holdings in Datadog by 54.9% in the second quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock worth $33,000 after purchasing an additional 45 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position in Datadog by 341.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock worth $38,000 after purchasing an additional 246 shares during the period. Elevation Wealth Partners LLC grew its position in Datadog by 2,700.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock worth $44,000 after purchasing an additional 162 shares during the period. Finally, Armstrong Advisory Group Inc. bought a new stake in Datadog in the 3rd quarter worth approximately $46,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on DDOG shares. BTIG Research boosted their target price on shares of Datadog from $255.00 to $289.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. Oppenheimer raised their price target on Datadog from $220.00 to $300.00 and gave the stock an “outperform” rating in a research note on Monday, July 20th. DA Davidson reaffirmed a “buy” rating and issued a $315.00 price objective on shares of Datadog in a report on Friday, August 7th. Capital One Financial upped their price objective on Datadog from $217.00 to $268.00 and gave the company an “overweight” rating in a research report on Wednesday, June 17th. Finally, Rosenblatt Securities upped their price objective on Datadog from $220.00 to $305.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Three research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $281.18.

Insiders Place Their Bets

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $253.36, for a total transaction of $13,659,144.32. Following the completion of the sale, the chief technology officer owned 509,805 shares of the company’s stock, valued at approximately $129,164,194.80. The trade was a 9.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 127,141 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $286.71, for a total value of $36,452,596.11. Following the completion of the sale, the chief executive officer owned 612,747 shares of the company’s stock, valued at approximately $175,680,692.37. The trade was a 17.18% 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. Over the last ninety days, insiders sold 991,988 shares of company stock worth $241,440,796. 6.48% of the stock is owned by insiders.

Datadog Stock Performance

DDOG stock traded down $5.53 during midday trading on Thursday, reaching $263.80. 1,327,592 shares of the company’s stock traded hands, compared to its average volume of 5,153,543. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $300.68. The stock has a market cap of $94.73 billion, a P/E ratio of 538.83, a PEG ratio of 27.65 and a beta of 1.51. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. The stock’s 50-day moving average is $245.68 and its 200 day moving average is $220.01.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter last year, the company posted $0.46 EPS. The company’s revenue was up 35.6% compared to the same quarter last year. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. As a group, analysts anticipate that Datadog, Inc. will post 0.70 EPS for the current year.

Datadog Profile

Datadog, Inc is a software company that provides a cloud-based monitoring, observability and security platform. Its services help organizations collect, analyze and visualize data from applications, infrastructure, networks, databases and other technology environments, enabling them to identify performance issues, manage incidents and improve digital services.

The company’s product offerings include infrastructure monitoring, application performance monitoring, log management, database and network monitoring, real user and synthetic experience monitoring, cloud security, software supply chain security, incident management and workflow automation.