Robinhood Asset Management LLC Purchases Shares of 4,741 Datadog, Inc. $DDOG

Robinhood Asset Management LLC purchased a new stake in shares of Datadog, Inc. (NASDAQ:DDOG) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 4,741 shares of the company’s stock, valued at approximately $645,000.

Other institutional investors have also added to or reduced their stakes in the company. Westside Investment Management Inc. boosted its position in Datadog by 74.3% during the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after buying an additional 75 shares during the period. Rothschild Investment LLC boosted its position in Datadog by 126.6% during the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after buying an additional 100 shares during the period. Tripletail Wealth Management LLC purchased a new stake in Datadog during the 3rd quarter valued at $28,000. Physician Wealth Advisors Inc. boosted its position in Datadog by 315.2% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 145 shares during the period. Finally, JPL Wealth Management LLC purchased a new stake in shares of Datadog in the 3rd quarter worth about $27,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on DDOG. Arete Research raised their target price on shares of Datadog from $230.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Datadog in a research report on Wednesday, January 21st. Evercore dropped their target price on shares of Datadog from $215.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, February 2nd. Cantor Fitzgerald dropped their target price on shares of Datadog from $220.00 to $150.00 and set an “overweight” rating for the company in a research report on Friday, February 6th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Datadog in a research report on Wednesday, January 21st. Thirty-seven equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and a consensus price target of $179.62.

Datadog Trading Down 3.2%

Shares of NASDAQ DDOG opened at $116.50 on Tuesday. Datadog, Inc. has a 1 year low of $81.63 and a 1 year high of $201.69. The stock has a market cap of $41.08 billion, a P/E ratio of 375.81, a price-to-earnings-growth ratio of 33.08 and a beta of 1.29. The firm has a 50-day moving average of $121.57 and a 200 day moving average of $140.23. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.38.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The company had revenue of $953.19 million during the quarter, compared to analysts’ expectations of $916.53 million. During the same period last year, the company posted $0.49 EPS. Datadog’s revenue was up 29.2% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. As a group, sell-side analysts expect that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Insider Activity

In other Datadog news, CTO Alexis Le-Quoc sold 32,418 shares of the firm’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $127.75, for a total transaction of $4,141,399.50. Following the completion of the sale, the chief technology officer directly owned 437,257 shares in the company, valued at approximately $55,859,581.75. This trade represents a 6.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CRO Sean Michael Walters sold 22,330 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $125.68, for a total transaction of $2,806,434.40. Following the sale, the executive owned 238,384 shares of the company’s stock, valued at approximately $29,960,101.12. This represents a 8.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 437,006 shares of company stock valued at $53,645,336 in the last quarter. 6.67% of the stock is owned by company insiders.

About Datadog

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.