Datadog, Inc. $DDOG Shares Acquired by Zevenbergen Capital Investments LLC

Zevenbergen Capital Investments LLC increased its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 75.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 280,815 shares of the company’s stock after purchasing an additional 120,715 shares during the quarter. Datadog accounts for approximately 1.8% of Zevenbergen Capital Investments LLC’s investment portfolio, making the stock its 21st largest position. Zevenbergen Capital Investments LLC’s holdings in Datadog were worth $76,901,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. EMC Capital Management acquired a new position in shares of Datadog in the 2nd quarter valued at approximately $28,000. Cornerstone Financial Management LLC boosted its position in shares of Datadog by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock worth $33,000 after acquiring an additional 45 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Datadog by 341.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock worth $38,000 after acquiring an additional 246 shares in the last quarter. Elevation Wealth Partners LLC increased its stake in Datadog by 2,700.0% in the second quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock valued at $44,000 after acquiring an additional 162 shares during the last quarter. Finally, Planning Strategies Inc. increased its stake in Datadog by 529.6% in the third quarter. Planning Strategies Inc. now owns 170 shares of the company’s stock valued at $47,000 after acquiring an additional 143 shares during the last quarter. 78.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on DDOG. Cantor Fitzgerald upped their target price on Datadog from $226.00 to $327.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. FBN Securities started coverage on Datadog in a research note on Friday, October 2nd. They issued an “outperform” rating and a $325.00 price target on the stock. Rosenblatt Securities boosted their price target on Datadog from $220.00 to $305.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Royal Bank Of Canada restated an “outperform” rating and set a $280.00 price objective on shares of Datadog in a research report on Thursday, July 16th. Finally, Benchmark reaffirmed a “buy” rating on shares of Datadog in a research note on Tuesday, July 28th. Three analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $277.73.

Datadog Price Performance

Shares of NASDAQ DDOG traded up $2.46 during midday trading on Thursday, reaching $273.80. 2,949,071 shares of the company were exchanged, compared to its average volume of 5,221,493. The stock’s 50-day moving average price is $245.27 and its 200-day moving average price is $215.54. The stock has a market cap of $98.32 billion, a P/E ratio of 558.79, a PEG ratio of 27.15 and a beta of 1.51. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. Datadog, Inc. has a one year low of $98.01 and a one year high of $292.72.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.Datadog’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same quarter last year, the business posted $0.46 EPS. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. On average, sell-side analysts anticipate that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Insider Buying and Selling at Datadog

In other news, CTO Alexis Le-Quoc sold 53,912 shares of Datadog 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 sale, the chief technology officer directly owned 509,805 shares of the company’s stock, valued at approximately $129,164,194.80. This trade represents a 9.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed 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 that occurred on Wednesday, August 5th. The shares were sold at an average price of $286.71, for a total value of $36,452,596.11. Following the completion of the transaction, the chief executive officer directly owned 612,747 shares of the company’s stock, valued at $175,680,692.37. This represents 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 three months, insiders sold 938,076 shares of company stock worth $226,690,473. 6.48% of the stock is currently owned by insiders.

About Datadog

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.