Datadog, Inc. $DDOG Shares Bought by Earned Wealth Advisors LLC

Earned Wealth Advisors LLC grew its holdings in Datadog, Inc. (NASDAQ:DDOGFree Report) by 52.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 7,473 shares of the company’s stock after buying an additional 2,563 shares during the quarter. Earned Wealth Advisors LLC’s holdings in Datadog were worth $882,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Elevation Point Wealth Partners LLC raised its position in Datadog by 3.3% in the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock worth $242,000 after acquiring an additional 55 shares in the last quarter. Chicago Partners Investment Group LLC boosted its position in shares of Datadog by 1.6% during the 4th quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock worth $622,000 after purchasing an additional 73 shares in the last quarter. Vivaldi Capital Management LP grew its stake in shares of Datadog by 2.8% during the 3rd quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock worth $383,000 after purchasing an additional 74 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Datadog by 2.0% during the 4th quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock worth $529,000 after purchasing an additional 78 shares during the period. Finally, Roberts Wealth Advisors LLC grew its stake in shares of Datadog by 0.6% during the 4th quarter. Roberts Wealth Advisors LLC now owns 14,041 shares of the company’s stock worth $1,909,000 after purchasing an additional 81 shares during the period. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Datadog

In other news, CEO Olivier Pomel sold 127,141 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the transaction, the chief executive officer directly owned 835,679 shares in the company, valued at $167,002,091.36. This represents a 13.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David M. Obstler sold 75,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $231.69, for a total transaction of $17,376,750.00. Following the completion of the sale, the chief financial officer directly owned 434,591 shares in the company, valued at $100,690,388.79. This represents a 14.72% decrease in their ownership of the stock. 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 90 days, insiders have sold 1,439,533 shares of company stock worth $323,367,430. Corporate insiders own 6.48% of the company’s stock.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

  • Positive Sentiment: JMP Securities raised its price target to $311 from $225 and kept an Outperform-style rating, saying infrastructure software looks stronger than applications and that Datadog has been a standout performer in its coverage. Why Datadog (DDOG) Stock Is Trading Up Today
  • Positive Sentiment: Wells Fargo increased its target to $295 from $230 and reiterated an Overweight rating, suggesting more upside from current levels. Datadog Price Target Raised by Wells Fargo
  • Positive Sentiment: Oppenheimer lifted its target to $300 from $220 and maintained an Outperform rating, adding to the wave of upbeat analyst calls. Datadog Price Target Raised by Oppenheimer
  • Positive Sentiment: Another report said Citizens JMP raised Datadog’s target to $311 from $225, implying further confidence in the stock’s run after its strong year-to-date performance. Datadog Price Target Raised by Citizens JMP
  • Neutral Sentiment: One comparison piece argued that Penguin is the better AI infrastructure buy than Datadog because of faster growth, AI momentum, and a lower valuation, which may temper enthusiasm but does not appear to be a direct catalyst. PENG vs. DDOG: Which AI Infrastructure Stock Is the Better Buy Now?

Analyst Ratings Changes

Several analysts recently commented on the stock. Scotiabank raised their price objective on shares of Datadog from $225.00 to $275.00 and gave the company an “outperform” rating in a research note on Thursday, June 18th. Rosenblatt Securities upped their target price on shares of Datadog from $178.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Wells Fargo & Company increased their target price on shares of Datadog from $230.00 to $295.00 and gave the company an “overweight” rating in a report on Monday. Oppenheimer lifted their price target on shares of Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a research report on Monday. Finally, Jefferies Financial Group raised Datadog from a “buy” rating to a “buy” rating in a research note on Monday, June 15th. Two investment analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $256.80.

View Our Latest Research Report on DDOG

Datadog Stock Performance

Shares of NASDAQ DDOG opened at $263.20 on Tuesday. The company has a 50-day simple moving average of $237.89 and a 200-day simple moving average of $165.62. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The company has a market cap of $93.69 billion, a PE ratio of 692.65, a price-to-earnings-growth ratio of 26.30 and a beta of 1.54. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $278.70.

Datadog (NASDAQ:DDOGGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. During the same quarter in the prior year, the firm posted $0.46 earnings per share. The company’s quarterly revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, equities analysts anticipate that Datadog, Inc. will post 0.64 earnings per share for the current year.

Datadog Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding DDOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Datadog, Inc. (NASDAQ:DDOGFree Report).

Institutional Ownership by Quarter for Datadog (NASDAQ:DDOG)

Receive News & Ratings for Datadog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Datadog and related companies with MarketBeat.com's FREE daily email newsletter.