Cornerstone Planning Group LLC Has $1.14 Million Position in Datadog, Inc. $DDOG

Cornerstone Planning Group LLC lifted its stake in Datadog, Inc. (NASDAQ:DDOG) by 3,378.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,000 shares of the company’s stock after buying an additional 7,770 shares during the period. Cornerstone Planning Group LLC’s holdings in Datadog were worth $1,139,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. lifted its position in shares of Datadog by 315.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after acquiring an additional 145 shares during the period. Tripletail Wealth Management LLC acquired a new position in shares of Datadog in the third quarter valued at $28,000. Hazlett Burt & Watson Inc. acquired a new position in shares of Datadog in the third quarter valued at $28,000. Steigerwald Gordon & Koch Inc. bought a new position in Datadog in the third quarter worth $40,000. Finally, Interchange Capital Partners LLC acquired a new stake in Datadog during the second quarter worth $42,000. 78.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on DDOG shares. Oppenheimer raised their price objective on shares of Datadog from $165.00 to $195.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Mizuho dropped their price target on shares of Datadog from $200.00 to $170.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. The Goldman Sachs Group assumed coverage on Datadog in a report on Monday, January 12th. They set a “sell” rating and a $113.00 price objective on the stock. BNP Paribas Exane cut their target price on Datadog from $210.00 to $175.00 and set an “outperform” rating for the company in a research report on Thursday, January 15th. Finally, Needham & Company LLC boosted their price target on Datadog from $175.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Thirty-five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Datadog currently has an average rating of “Moderate Buy” and an average price target of $189.36.

Insider Transactions at Datadog

In related news, Director Matthew Jacobson sold 404,306 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $199.60, for a total value of $80,699,477.60. Following the completion of the sale, the director owned 12,859 shares of the company’s stock, valued at $2,566,656.40. This trade represents a 96.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $197.99, for a total value of $10,674,036.88. Following the transaction, the chief technology officer directly owned 395,661 shares in the company, valued at approximately $78,336,921.39. This represents a 11.99% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,041,445 shares of company stock worth $186,887,631. Corporate insiders own 8.70% of the company’s stock.

Datadog Price Performance

Datadog stock opened at $129.05 on Tuesday. The business’s fifty day moving average is $138.92 and its two-hundred day moving average is $145.31. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.66 and a current ratio of 3.66. The firm has a market cap of $45.25 billion, a P/E ratio of 416.29, a P/E/G ratio of 23.07 and a beta of 1.26. Datadog, Inc. has a 52 week low of $81.63 and a 52 week high of $201.69.

Datadog (NASDAQ:DDOG) last announced its earnings results on Thursday, November 6th. The company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.10. Datadog had a return on equity of 4.14% and a net margin of 3.32%.The company had revenue of $885.65 million during the quarter, compared to analyst estimates of $852.77 million. During the same period last year, the company posted $0.46 earnings per share. The firm’s quarterly revenue was up 28.4% compared to the same quarter last year. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS and its Q4 2025 guidance at 0.54-0.56 EPS. Equities research analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: DA Davidson reaffirmed a “buy” rating and set a $225 price target (about +74% vs current levels), providing a strong upside anchor for the stock. DA Davidson Buy Reaffirmed
• Positive Sentiment: Rosenblatt reiterated its buy rating for Datadog (reaffirmation of conviction from a covering shop can support sentiment). Rosenblatt Sticks to Buy
• Neutral Sentiment: Zacks noted DDOG is among the most-searched stocks by its users — high attention can increase volatility but is not a directional fundamental driver. Zacks: Investors Heavily Search Datadog
• Neutral Sentiment: Short-interest data in the report shows 0 shares and a 0.0‑day ratio — this looks like a data anomaly and should not be interpreted as a meaningful change in short pressure. (Low impact until corroborated by reliable reporting.)
• Negative Sentiment: Evercore ISI cut its price target from $215 to $175 while keeping an “outperform” rating — a sizable reduction in target that dampens upside expectations. Evercore Lowers Target
• Negative Sentiment: Rosenblatt (separate note) also trimmed its target into the $180–$185 range in recent updates — repeated target cuts from analysts are weighing on sentiment. Rosenblatt Cuts Target to $185
• Negative Sentiment: BMO lowered its price target to $170 but maintained “Outperform,” highlighting concerns (including competitive/OpenAI risks) that have led to valuation compression. BMO Lowers Target to $170
• Negative Sentiment: Insider selling: Datadog’s CTO sold roughly $4.57M of stock on Feb 2 — insider sales can raise short-term investor concern about timing/liquidity needs. CTO Insider Sale

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.