Datadog, Inc. $DDOG Holdings Increased by Seelaus Asset Management LLC

Seelaus Asset Management LLC raised its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 414.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,670 shares of the company’s stock after purchasing an additional 5,374 shares during the quarter. Datadog makes up about 1.3% of Seelaus Asset Management LLC’s holdings, making the stock its 13th biggest holding. Seelaus Asset Management LLC’s holdings in Datadog were worth $1,827,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. EMC Capital Management purchased a new stake in shares of Datadog in the 2nd quarter worth about $28,000. Cornerstone Financial Management LLC increased its position in shares of Datadog by 54.9% during the second quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock valued at $33,000 after buying an additional 45 shares during the period. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Datadog by 341.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock valued at $38,000 after buying an additional 246 shares during the period. Elevation Wealth Partners LLC increased its position 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 valued at $44,000 after buying an additional 162 shares during the period. Finally, Armstrong Advisory Group Inc. bought a new position in Datadog in the third quarter worth about $46,000. 78.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Zacks Research lowered shares of Datadog from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. Jefferies Financial Group reiterated a “hold” rating and set a $300.00 target price on shares of Datadog in a report on Sunday. Wedbush assumed coverage on Datadog in a report on Friday, September 11th. They set an “outperform” rating and a $275.00 target price on the stock. Sanford C. Bernstein lowered Datadog from an “outperform” rating to a “market perform” rating and increased their target price for the stock from $180.00 to $226.00 in a research report on Monday, July 6th. Finally, Wells Fargo & Company raised their target price on Datadog from $230.00 to $295.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $280.51.

Insider Buying and Selling

In other news, CTO Alexis Le-Quoc sold 53,912 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $253.36, for a total value of $13,659,144.32. Following the sale, the chief technology officer directly owned 509,805 shares of the company’s stock, valued at $129,164,194.80. The trade was a 9.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 127,141 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $286.71, for a total value of $36,452,596.11. Following the completion of the sale, the chief executive officer owned 612,747 shares in the company, valued at $175,680,692.37. The trade was a 17.18% 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 have sold 991,988 shares of company stock valued at $241,440,796 in the last ninety days. Insiders own 6.48% of the company’s stock.

Datadog Stock Down 3.4%

Shares of Datadog stock traded down $9.52 during trading on Wednesday, hitting $273.82. The company’s stock had a trading volume of 999,175 shares, compared to its average volume of 5,162,604. 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 fifty day simple moving average of $245.95 and a two-hundred day simple moving average of $218.99. The company has a market capitalization of $98.32 billion, a PE ratio of 558.25, a P/E/G ratio of 28.04 and a beta of 1.51. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $300.68.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the firm posted $0.46 earnings per share. Datadog’s quarterly 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. Equities research analysts predict that Datadog, Inc. will post 0.70 earnings per share for the current 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.