Datadog, Inc. $DDOG Stock Acquired by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC lifted its holdings in Datadog, Inc. (NASDAQ:DDOG) by 178.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,431 shares of the company’s stock after buying an additional 7,328 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Datadog were worth $3,130,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. EMC Capital Management purchased a new position in Datadog in the second quarter worth $28,000. Cornerstone Financial Management LLC lifted its holdings in Datadog by 54.9% in the second quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock valued at $33,000 after acquiring an additional 45 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Datadog by 341.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock worth $38,000 after purchasing an additional 246 shares in the last quarter. Elevation Wealth Partners LLC boosted its position in shares of Datadog by 2,700.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock worth $44,000 after purchasing an additional 162 shares in the last quarter. Finally, Armstrong Advisory Group Inc. purchased a new stake in shares of Datadog during the 3rd quarter worth $46,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Jefferies Financial Group reaffirmed a “hold” rating and set a $300.00 price target on shares of Datadog in a research note on Sunday, October 11th. Royal Bank Of Canada raised their price objective on shares of Datadog from $280.00 to $320.00 and gave the company an “outperform” rating in a research note on Monday, October 12th. Citizens Jmp boosted their price objective on shares of Datadog from $225.00 to $311.00 and gave the stock a “market outperform” rating in a report on Monday, July 20th. KeyCorp boosted their price objective on shares of Datadog from $225.00 to $320.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Finally, Citigroup upped their target price on shares of Datadog from $300.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Datadog currently has a consensus rating of “Moderate Buy” and an average target price of $281.18.

Insiders Place Their Bets

In other Datadog news, CFO David Obstler sold 10,000 shares of the firm’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $241.25, for a total transaction of $2,412,500.00. Following the completion of the transaction, the chief financial officer directly owned 368,067 shares in the company, valued at approximately $88,796,163.75. This trade represents a 2.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction dated Wednesday, October 7th. The shares were sold at an average price of $273.60, for a total transaction of $14,750,323.20. Following the transaction, the chief technology officer owned 488,033 shares of the company’s stock, valued at $133,525,828.80. This trade represents a 9.95% 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. Over the last ninety days, insiders sold 991,988 shares of company stock worth $241,440,796. 6.48% of the stock is owned by company insiders.

Datadog Stock Down 7.2%

DDOG opened at $247.11 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. The company has a market cap of $88.73 billion, a price-to-earnings ratio of 504.32, a PEG ratio of 24.12 and a beta of 1.51. Datadog, Inc. has a one year low of $98.01 and a one year high of $300.68. The business’s fifty day moving average is $246.68 and its two-hundred day moving average is $221.26.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter last year, the business posted $0.46 earnings per share. The business’s revenue for the quarter 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. Analysts anticipate that Datadog, Inc. will post 0.70 EPS for the current fiscal year.

Datadog Profile

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.