Datadog, Inc. $DDOG Shares Purchased by Everhart Financial Group Inc.

Everhart Financial Group Inc. grew its holdings in Datadog, Inc. (NASDAQ:DDOG) by 520.0% during the third quarter, Holdings Channel.com reports. The firm owned 12,263 shares of the company’s stock after buying an additional 10,285 shares during the period. Everhart Financial Group Inc.’s holdings in Datadog were worth $3,358,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in DDOG. EMC Capital Management acquired a new stake in shares of Datadog during the 2nd quarter valued at $28,000. Cornerstone Financial Management LLC grew its stake 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 purchasing an additional 45 shares in the last quarter. Elevation Wealth Partners LLC increased its position in Datadog by 2,700.0% in 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 during the last quarter. Planning Strategies Inc. raised its stake in shares of Datadog by 529.6% during the 3rd quarter. Planning Strategies Inc. now owns 170 shares of the company’s stock worth $47,000 after purchasing an additional 143 shares in the last quarter. Finally, Retirement Wealth Solutions LLC lifted its holdings in shares of Datadog by 233.3% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 200 shares of the company’s stock valued at $55,000 after buying an additional 140 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Datadog

In related news, CTO Alexis Le-Quoc sold 43,224 shares of the business’s stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $252.17, for a total transaction of $10,899,796.08. Following the transaction, the chief technology officer directly owned 488,033 shares in the company, valued at $123,067,281.61. The trade was a 8.14% decrease in their ownership of the stock. 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, CRO Sean Walters sold 11,710 shares of Datadog stock in a transaction that occurred on Friday, September 11th. The stock was 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 in the company, valued at $51,532,160.40. The trade was a 4.78% decrease in their position. 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 938,076 shares of company stock valued at $226,690,473 over the last quarter. Company insiders own 6.48% of the company’s stock.

Analysts Set New Price Targets

DDOG has been the topic of several recent research reports. Evercore raised their price objective on shares of Datadog from $225.00 to $265.00 and gave the company an “outperform” rating in a research report on Wednesday, June 10th. BMO Capital Markets set a $300.00 price objective on shares of Datadog in a report on Friday, August 7th. Mizuho raised their target price on Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, July 15th. Wolfe Research reiterated an “outperform” rating and set a $295.00 price target on shares of Datadog in a research note on Thursday, June 11th. Finally, Citizens Jmp boosted their target price on Datadog from $225.00 to $311.00 and gave the stock a “market outperform” rating in a report on Monday, July 20th. Three research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $277.73.

Datadog Stock Performance

DDOG stock traded up $1.08 on Thursday, reaching $272.42. 1,394,489 shares of the company were exchanged, compared to its average volume of 5,211,754. The firm has a market capitalization of $97.82 billion, a PE ratio of 553.78, a PEG ratio of 27.15 and a beta of 1.51. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $292.72. The stock’s fifty day moving average price is $245.16 and its 200 day moving average price is $214.50. 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 (NASDAQ:DDOG) last issued 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 net margin of 4.48% and a return on equity of 5.67%. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the prior year, the firm earned $0.46 EPS. The business’s revenue 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. On average, research analysts anticipate that Datadog, Inc. will post 0.7 EPS for the current fiscal year.

About Datadog

Datadog, Inc is a software company that provides a cloud-based monitoring, observability and security platform. Its services help organizations collect, analyze and visualize data from applications, infrastructure, networks, databases and other technology environments, enabling them to identify performance issues, manage incidents and improve digital services.

The company’s product offerings include infrastructure monitoring, application performance monitoring, log management, database and network monitoring, real user and synthetic experience monitoring, cloud security, software supply chain security, incident management and workflow automation.