Clal Insurance Enterprises Holdings Ltd lifted its holdings in Datadog, Inc. (NASDAQ:DDOG – Free Report) by 24.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 310,000 shares of the company’s stock after acquiring an additional 60,000 shares during the quarter. Clal Insurance Enterprises Holdings Ltd’s holdings in Datadog were worth $36,596,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of DDOG. Elevation Point Wealth Partners LLC grew its position in Datadog by 3.3% during the 3rd quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock worth $242,000 after purchasing an additional 55 shares in the last quarter. Chicago Partners Investment Group LLC lifted its stake in shares of Datadog by 1.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock worth $622,000 after buying an additional 73 shares during the last quarter. Vivaldi Capital Management LP grew its position in shares of Datadog by 2.8% in the third quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock valued at $383,000 after purchasing an additional 74 shares during the last quarter. Farther Finance Advisors LLC increased its position in Datadog by 2.0% in the 4th quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock worth $529,000 after buying an additional 78 shares during the period. Finally, Roberts Wealth Advisors LLC raised its stake in Datadog by 0.6% during the 4th quarter. Roberts Wealth Advisors LLC now owns 14,041 shares of the company’s stock valued at $1,909,000 after purchasing an additional 81 shares during the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Datadog
In other news, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $257.24, for a total value of $13,868,322.88. Following the completion of the sale, the chief technology officer directly owned 509,805 shares of the company’s stock, valued at $131,142,238.20. This trade represents a 9.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at 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 Datadog stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $267.47, for a total value of $3,343,375.00. Following the transaction, the director owned 14,996 shares of the company’s stock, valued at $4,010,980.12. This represents a 45.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,396,309 shares of company stock valued at $317,712,002. Company insiders own 6.48% of the company’s stock.
Analyst Ratings Changes
Get Our Latest Stock Analysis on Datadog
Datadog News Summary
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Multiple analysts raised their price targets on Datadog, including Citizens JMP to $311, Wells Fargo to $295, and Oppenheimer to $300, all while maintaining bullish ratings. Read More
- Positive Sentiment: JMP Securities said infrastructure software remains in a stronger position than application software and called Datadog a top performer in its coverage, reinforcing optimism around the company’s cloud monitoring business. Article Title
- Neutral Sentiment: Datadog has surged sharply year to date, which has led some analysts to say the stock may have less room to run and could be vulnerable if upcoming results disappoint. Article Title
- Neutral Sentiment: Morgan Stanley said sentiment across software stocks has become too negative, suggesting some names could rebound, but the call was broad-based rather than specific to Datadog. Article Title
- Negative Sentiment: Investors are also digesting a headline noting that DDOG stock fell in the latest session, reflecting some profit-taking after its recent rally. Article Title
Datadog Stock Down 3.2%
DDOG stock opened at $254.79 on Wednesday. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $278.70. The company has a market cap of $90.70 billion, a price-to-earnings ratio of 670.52, a P/E/G ratio of 26.76 and a beta of 1.54. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The business has a 50 day moving average price of $238.98 and a two-hundred day moving average price of $166.45.
Datadog (NASDAQ:DDOG – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same period in the prior year, the firm posted $0.46 earnings per share. The company’s quarterly revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Analysts anticipate that Datadog, Inc. will post 0.64 EPS for the current fiscal year.
Datadog Company Profile
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.
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