Blue Trust Inc. Buys 474 Shares of Datadog, Inc. $DDOG

Blue Trust Inc. lifted its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 15.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,518 shares of the company’s stock after purchasing an additional 474 shares during the quarter. Blue Trust Inc.’s holdings in Datadog were worth $473,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of DDOG. Total Wealth Planning & Management Inc. lifted its position in Datadog by 20.5% during the second quarter. Total Wealth Planning & Management Inc. now owns 2,483 shares of the company’s stock worth $334,000 after purchasing an additional 423 shares during the period. Callan Family Office LLC raised its position in shares of Datadog by 145.6% in the 2nd quarter. Callan Family Office LLC now owns 22,680 shares of the company’s stock valued at $3,047,000 after buying an additional 13,445 shares in the last quarter. Blair William & Co. IL lifted its holdings in shares of Datadog by 2.6% during the 2nd quarter. Blair William & Co. IL now owns 29,206 shares of the company’s stock worth $3,923,000 after acquiring an additional 751 shares during the period. Leo Wealth LLC acquired a new stake in shares of Datadog during the 2nd quarter worth approximately $270,000. Finally, E Fund Management Hong Kong Co. Ltd. boosted its position in shares of Datadog by 2,298.1% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 1,271 shares of the company’s stock worth $171,000 after acquiring an additional 1,218 shares in the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. Stifel Nicolaus boosted their price objective on shares of Datadog from $120.00 to $135.00 and gave the company a “hold” rating in a research report on Thursday, June 26th. Sanford C. Bernstein lifted their price target on Datadog from $147.00 to $170.00 and gave the company an “outperform” rating in a research note on Wednesday. Guggenheim restated a “sell” rating and set a $105.00 price objective on shares of Datadog in a research report on Tuesday, July 8th. Monness Crespi & Hardt raised their price objective on Datadog from $160.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, August 7th. Finally, Citigroup lifted their target price on Datadog from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Monday, August 18th. Twenty-four investment 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. According to data from MarketBeat, Datadog presently has a consensus rating of “Moderate Buy” and an average target price of $158.46.

Datadog Trading Down 3.2%

NASDAQ DDOG opened at $158.74 on Monday. The company has a market cap of $55.36 billion, a price-to-earnings ratio of 453.56, a price-to-earnings-growth ratio of 62.11 and a beta of 1.21. Datadog, Inc. has a twelve month low of $81.63 and a twelve month high of $170.08. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.31. The business’s fifty day moving average is $138.06 and its 200 day moving average is $125.48.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, August 7th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.05. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The business had revenue of $826.76 million during the quarter, compared to analysts’ expectations of $791.72 million. During the same quarter in the prior year, the firm earned $0.43 EPS. The business’s revenue for the quarter was up 28.1% compared to the same quarter last year. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. As a group, sell-side analysts expect that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Insiders Place Their Bets

In other Datadog news, CTO Alexis Le-Quoc sold 55,352 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $133.83, for a total value of $7,407,758.16. Following the completion of the transaction, the chief technology officer directly owned 438,885 shares in the company, valued at approximately $58,735,979.55. This represents a 11.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Olivier Pomel sold 63,939 shares of the firm’s stock in a transaction on Thursday, October 9th. The shares were sold at an average price of $165.02, for a total transaction of $10,551,213.78. Following the transaction, the chief executive officer directly owned 533,358 shares of the company’s stock, valued at $88,014,737.16. The trade was a 10.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,482,907 shares of company stock worth $201,395,584 over the last quarter. 8.70% of the stock is currently owned by corporate insiders.

About Datadog

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.