Datadog, Inc. $DDOG Shares Purchased by Andra AP fonden

Andra AP fonden increased its holdings in Datadog, Inc. (NASDAQ:DDOG) by 130.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 131,262 shares of the company’s stock after buying an additional 74,300 shares during the quarter. Andra AP fonden’s holdings in Datadog were worth $34,175,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Anchor Investment Management LLC raised its holdings in shares of Datadog by 547.8% during the second quarter. Anchor Investment Management LLC now owns 1,328 shares of the company’s stock worth $346,000 after purchasing an additional 1,123 shares during the last quarter. Revere Asset Management Inc acquired a new position in shares of Datadog in the 2nd quarter valued at about $2,752,000. Tidal Investments LLC boosted its stake in shares of Datadog by 17.4% in the second quarter. Tidal Investments LLC now owns 94,299 shares of the company’s stock worth $24,552,000 after buying an additional 13,977 shares during the last quarter. BlueCrest Capital Management Ltd raised its position in Datadog by 30.2% during the second quarter. BlueCrest Capital Management Ltd now owns 6,771 shares of the company’s stock valued at $1,763,000 after acquiring an additional 1,571 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC acquired a new position in Datadog in the second quarter valued at approximately $297,000. 78.29% of the stock is owned by hedge funds and other institutional investors.

Datadog Trading Up 0.3%

DDOG stock traded up $0.76 during trading on Tuesday, reaching $245.81. 1,162,461 shares of the stock were exchanged, compared to its average volume of 5,367,065. The business has a 50 day moving average price of $242.43 and a 200-day moving average price of $202.52. The firm has a market capitalization of $88.27 billion, a price-to-earnings ratio of 502.26, a P/E/G ratio of 22.44 and a beta of 1.49. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $292.72.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The firm’s quarterly revenue was up 35.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. On average, research analysts predict that Datadog, Inc. will post 0.7 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. TD Cowen upped their price objective on Datadog from $260.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Weiss Ratings raised shares of Datadog from a “sell (d+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. DA Davidson restated a “buy” rating and set a $315.00 price target on shares of Datadog in a research report on Friday, August 7th. Mizuho lifted their price objective on shares of Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, July 15th. Finally, Citigroup lifted their price target on Datadog from $300.00 to $305.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $276.66.

Insider Transactions at Datadog

In other news, CRO Sean Walters sold 11,710 shares of the business’s stock in a transaction that occurred on 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 directly owned 233,135 shares of the company’s stock, valued at approximately $51,532,160.40. The trade was a 4.78% decrease in their position. The transaction was disclosed in a legal 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, CFO David Obstler sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $227.47, for a total transaction of $9,098,800.00. Following the completion of the transaction, the chief financial officer owned 378,067 shares in the company, valued at approximately $85,998,900.49. This represents a 9.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,017,764 shares of company stock worth $247,210,750 in the last 90 days. Insiders own 6.48% of the company’s stock.

About Datadog

Datadog, Inc (NASDAQ:DDOG) is a cloud-based software company that provides monitoring, observability, security and analytics tools for modern applications and information technology environments. Its platform helps organizations collect, correlate and analyze data from servers, databases, applications, containers, networks and cloud services in a unified environment.

The company’s products include infrastructure monitoring, application performance monitoring, log management, real user and synthetic monitoring, database monitoring, cloud security, software delivery tools, incident management and cloud cost management.