1,662 Shares in Datadog, Inc. $DDOG Bought by Oarsman Capital Inc.

Oarsman Capital Inc. purchased a new position in Datadog, Inc. (NASDAQ:DDOG) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 1,662 shares of the company’s stock, valued at approximately $223,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DDOG. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in Datadog by 887.0% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company’s stock worth $25,000 after acquiring an additional 22,646 shares in the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of Datadog by 96.9% during the first quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock worth $30,000 after buying an additional 154 shares in the last quarter. Costello Asset Management INC purchased a new stake in shares of Datadog during the first quarter worth $30,000. Interchange Capital Partners LLC purchased a new stake in shares of Datadog during the second quarter worth $42,000. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Datadog during the second quarter worth $55,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Insider Buying and Selling

In other Datadog news, CEO Olivier Pomel sold 63,939 shares of the company’s stock in a transaction dated Thursday, October 9th. The shares were sold at an average price of $165.02, for a total value of $10,551,213.78. Following the transaction, the chief executive officer owned 533,358 shares of the company’s stock, valued at $88,014,737.16. This represents a 10.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CTO Alexis Le-Quoc sold 55,352 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $133.83, for a total transaction of $7,407,758.16. Following the completion of the transaction, the chief technology officer directly owned 438,885 shares in the company, valued at $58,735,979.55. The trade was a 11.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,491,232 shares of company stock valued at $202,944,249 over the last three months. Company insiders own 8.70% of the company’s stock.

Datadog Trading Down 0.8%

NASDAQ DDOG opened at $156.00 on Thursday. The firm’s 50-day moving average is $144.83 and its two-hundred day moving average is $131.16. Datadog, Inc. has a 12 month low of $81.63 and a 12 month high of $170.08. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.43 and a quick ratio of 3.43. The stock has a market capitalization of $54.40 billion, a P/E ratio of 445.73, a PEG ratio of 61.53 and a beta of 1.21.

Datadog (NASDAQ:DDOG) last posted its earnings results on Thursday, August 7th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.05. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The company had revenue of $826.76 million for the quarter, compared to analysts’ expectations of $791.72 million. During the same quarter in the prior year, the company posted $0.43 earnings per share. Datadog’s revenue for the quarter was up 28.1% compared to the same quarter last year. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. On average, sell-side analysts anticipate that Datadog, Inc. will post 0.34 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on DDOG. Morgan Stanley upped their target price on shares of Datadog from $115.00 to $165.00 and gave the stock an “equal weight” rating in a report on Thursday, July 10th. UBS Group upped their target price on shares of Datadog from $165.00 to $189.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. Sanford C. Bernstein upped their target price on shares of Datadog from $147.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, October 8th. Mizuho upped their target price on shares of Datadog from $155.00 to $170.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Finally, DA Davidson boosted their price target on shares of Datadog from $170.00 to $180.00 and gave the company a “buy” rating in a research report on Friday, October 3rd. Twenty-six research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $164.47.

About Datadog

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.