Retireful LLC Purchases New Shares in Datadog, Inc. $DDOG

Retireful LLC purchased a new position in Datadog, Inc. (NASDAQ:DDOG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,904 shares of the company’s stock, valued at approximately $1,537,000. Datadog makes up about 1.5% of Retireful LLC’s portfolio, making the stock its 24th biggest holding.

Other large investors also recently added to or reduced their stakes in the company. Nomura Asset Management Co. Ltd. boosted its stake in shares of Datadog by 8.0% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company’s stock worth $20,762,000 after acquiring an additional 11,348 shares during the last quarter. Norges Bank acquired a new position in Datadog in the 4th quarter valued at $469,461,000. MUFG Securities EMEA plc raised its stake in Datadog by 115.6% in the 4th quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company’s stock valued at $1,814,000 after purchasing an additional 7,154 shares during the last quarter. BNP Paribas lifted its holdings in Datadog by 18.4% in the 4th quarter. BNP Paribas now owns 41,280 shares of the company’s stock valued at $5,614,000 after purchasing an additional 6,403 shares in the last quarter. Finally, Crossmark Global Holdings Inc. lifted its holdings in Datadog by 90.1% in the 4th quarter. Crossmark Global Holdings Inc. now owns 9,967 shares of the company’s stock valued at $1,355,000 after purchasing an additional 4,723 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Amit Agarwal sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $249.32, for a total transaction of $4,986,400.00. Following the completion of the sale, the director owned 1,640 shares in the company, valued at $408,884.80. This trade represents a 92.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Matthew Jacobson sold 19,512 shares of Datadog stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $256.25, for a total transaction of $4,999,950.00. Following the sale, the director directly owned 524,708 shares in the company, valued at approximately $134,456,425. The trade was a 3.59% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,152,255 shares of company stock worth $283,013,115. 6.48% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

DDOG has been the subject of a number of research reports. Jefferies Financial Group set a $260.00 target price on shares of Datadog in a report on Thursday, August 6th. BTIG Research raised their price target on shares of Datadog from $255.00 to $289.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. CICC Research upped their price objective on shares of Datadog from $150.00 to $204.00 in a research note on Monday, May 11th. Oppenheimer increased their price objective on shares of Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a report on Monday, July 20th. Finally, BMO Capital Markets set a $300.00 target price on shares of Datadog in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Datadog has an average rating of “Moderate Buy” and a consensus price target of $276.32.

Datadog Stock Down 6.5%

NASDAQ DDOG opened at $209.23 on Thursday. The business’s fifty day simple moving average is $250.31 and its 200-day simple moving average is $192.51. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. The firm has a market cap of $75.13 billion, a PE ratio of 427.01, a P/E/G ratio of 21.92 and a beta of 1.49. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $292.72.

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 analysts’ consensus estimates of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the prior year, the firm posted $0.46 earnings per share. Datadog’s quarterly revenue was up 35.6% on a year-over-year basis. 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, equities analysts anticipate that Datadog, Inc. will post 0.7 earnings per share for the current year.

Datadog Profile

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.