Datadog, Inc. $DDOG Stock Acquired by IFP Advisors Inc

IFP Advisors Inc increased its holdings in Datadog, Inc. (NASDAQ:DDOG) by 654.4% during the third quarter, HoldingsChannel.com reports. The fund owned 89,033 shares of the company’s stock after buying an additional 77,231 shares during the period. IFP Advisors Inc’s holdings in Datadog were worth $24,382,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Janus Henderson Group PLC boosted its stake in Datadog by 22.8% during the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after purchasing an additional 1,439,082 shares during the period. Assenagon Asset Management S.A. grew its position in Datadog by 197.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 2,443,008 shares of the company’s stock worth $669,018,000 after purchasing an additional 1,622,904 shares during the last quarter. First Trust Advisors LP grew its position in Datadog by 81.5% during the 1st quarter. First Trust Advisors LP now owns 3,685,562 shares of the company’s stock worth $435,081,000 after purchasing an additional 1,654,429 shares during the last quarter. Bank of New York Mellon Corp grew its position in Datadog by 30.3% during the 1st quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company’s stock worth $312,340,000 after purchasing an additional 615,090 shares during the last quarter. Finally, Employees Provident Fund Board acquired a new position in Datadog in the fourth quarter valued at $251,582,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Insider Buying and Selling

In other news, CRO Sean Walters sold 11,710 shares of Datadog stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $221.04, for a total value of $2,588,378.40. Following the sale, the executive owned 233,135 shares of the company’s stock, valued at $51,532,160.40. The trade was a 4.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Yanbing Li sold 12,700 shares of Datadog stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $221.26, for a total transaction of $2,810,002.00. Following the completion of the sale, the insider directly owned 250,446 shares in the company, valued at approximately $55,413,681.96. The trade was a 4.83% 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. In the last three months, insiders have sold 991,988 shares of company stock worth $241,440,796. 6.48% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on DDOG. TD Cowen upped their target price on shares of Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Citigroup increased their target price on shares of Datadog from $300.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Benchmark reissued a “buy” rating on shares of Datadog in a report on Tuesday, July 28th. Mizuho raised their price target on Datadog from $300.00 to $330.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Barclays boosted their price target on Datadog from $290.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Datadog presently has a consensus rating of “Moderate Buy” and an average price target of $281.18.

Datadog Price Performance

Shares of NASDAQ DDOG opened at $247.11 on Friday. The stock has a fifty day moving average price of $246.68 and a 200 day moving average price of $221.26. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $300.68. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. The company has a market cap of $88.73 billion, a PE ratio of 504.32, a P/E/G ratio of 24.12 and a beta of 1.51.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) 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 analysts’ expectations of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. Datadog’s revenue was up 35.6% compared to the same quarter last year. During the same period in the previous year, the company 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. Sell-side analysts forecast that Datadog, Inc. will post 0.70 EPS for the current year.

About Datadog

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.