Midwest Professional Planners LTD. Boosts Stock Position in Datadog, Inc. $DDOG

Midwest Professional Planners LTD. raised its stake in Datadog, Inc. (NASDAQ:DDOG) by 37.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,858 shares of the company’s stock after purchasing an additional 2,395 shares during the quarter. Midwest Professional Planners LTD.’s holdings in Datadog were worth $2,306,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Elevation Wealth Partners LLC raised its stake in shares of Datadog by 2,700.0% during the second quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock worth $44,000 after purchasing an additional 162 shares during the last quarter. JPL Wealth Management LLC purchased a new position in Datadog in the 3rd quarter valued at $27,000. Rothschild Investment LLC increased its stake in Datadog by 52.5% in the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after buying an additional 94 shares during the period. Ancora Advisors LLC purchased a new position in Datadog during the 2nd quarter worth $80,000. Finally, Quarry LP purchased a new position in Datadog during the third quarter worth about $45,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

Datadog Trading Down 5.6%

Shares of DDOG opened at $223.84 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $292.72. The stock has a market cap of $80.38 billion, a price-to-earnings ratio of 456.83, a price-to-earnings-growth ratio of 23.21 and a beta of 1.49. The firm has a 50 day simple moving average of $250.57 and a 200-day simple moving average of $191.92.

Datadog (NASDAQ:DDOG) last announced its earnings results 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%.Datadog’s quarterly revenue was up 35.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 EPS. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Equities analysts forecast that Datadog, Inc. will post 0.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on DDOG shares. Robert W. Baird set a $300.00 target price on Datadog in a research note on Friday, August 7th. Sanford C. Bernstein downgraded Datadog from an “outperform” rating to a “market perform” rating and raised their target price for the company from $180.00 to $226.00 in a report on Monday, July 6th. New Street Research set a $260.00 target price on shares of Datadog in a research report on Thursday, June 11th. Canadian Imperial Bank of Commerce increased their price target on shares of Datadog from $250.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. Finally, The Goldman Sachs Group reiterated a “sell” rating and issued a $158.00 price objective on shares of Datadog in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $276.32.

Insider Transactions at Datadog

In other Datadog news, Director Amit Agarwal sold 20,000 shares of the business’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $249.32, for a total value of $4,986,400.00. Following the completion of the transaction, the director directly owned 1,640 shares in the company, valued at approximately $408,884.80. The trade was a 92.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael James Callahan sold 12,500 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $287.47, for a total value of $3,593,375.00. Following the transaction, the director directly owned 14,996 shares in the company, valued at approximately $4,310,900.12. This represents a 45.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,157,386 shares of company stock worth $284,284,936 in the last three months. 6.48% of the stock is currently owned by company insiders.

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.