Datadog, Inc. $DDOG Shares Acquired by Yousif Capital Management LLC

Yousif Capital Management LLC increased its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 869.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,777 shares of the company’s stock after purchasing an additional 32,983 shares during the quarter. Yousif Capital Management LLC’s holdings in Datadog were worth $5,237,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Interchange Capital Partners LLC bought a new position in shares of Datadog in the 2nd quarter worth about $42,000. Ameritas Advisory Services LLC acquired a new stake in Datadog during the second quarter worth about $55,000. True Wealth Design LLC lifted its holdings in Datadog by 679.1% in the second quarter. True Wealth Design LLC now owns 522 shares of the company’s stock worth $70,000 after acquiring an additional 455 shares during the last quarter. Center for Financial Planning Inc. boosted its stake in Datadog by 42.0% in the second quarter. Center for Financial Planning Inc. now owns 531 shares of the company’s stock valued at $71,000 after acquiring an additional 157 shares during the period. Finally, Roble Belko & Company Inc raised its position in shares of Datadog by 205.8% during the 2nd quarter. Roble Belko & Company Inc now owns 526 shares of the company’s stock worth $71,000 after purchasing an additional 354 shares during the period. Institutional investors own 78.29% of the company’s stock.

Insider Activity

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $154.05, for a total value of $8,305,143.60. Following the completion of the sale, the chief technology officer directly owned 295,448 shares in the company, valued at $45,513,764.40. This represents a 15.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Yanbing Li sold 6,715 shares of Datadog stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $158.60, for a total value of $1,064,999.00. Following the transaction, the insider owned 199,394 shares in the company, valued at approximately $31,623,888.40. This trade represents a 3.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,305,579 shares of company stock valued at $231,557,832 over the last 90 days. Corporate insiders own 8.70% of the company’s stock.

Datadog Stock Performance

DDOG stock opened at $138.03 on Thursday. The company has a 50-day simple moving average of $159.65 and a 200 day simple moving average of $145.83. The company has a market capitalization of $48.40 billion, a P/E ratio of 445.24, a PEG ratio of 30.84 and a beta of 1.23. The company has a quick ratio of 3.66, a current ratio of 3.66 and a debt-to-equity ratio of 0.29. Datadog, Inc. has a fifty-two week low of $81.63 and a fifty-two week high of $201.69.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, November 6th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.45 by $0.10. The firm had revenue of $885.65 million for the quarter, compared to analysts’ expectations of $852.77 million. Datadog had a net margin of 3.32% and a return on equity of 4.14%. Datadog’s quarterly revenue was up 28.4% on a year-over-year basis. During the same quarter last year, the company earned $0.46 EPS. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS and its Q4 2025 guidance at 0.54-0.56 EPS. Sell-side analysts predict that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Datadog from $140.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Robert W. Baird boosted their price target on shares of Datadog from $165.00 to $220.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Oppenheimer increased their price objective on shares of Datadog from $165.00 to $195.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Barclays lifted their price objective on shares of Datadog from $170.00 to $215.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Finally, Morgan Stanley upped their target price on shares of Datadog from $165.00 to $180.00 and gave the stock an “equal weight” rating in a research report on Friday, November 7th. Thirty-one equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $207.78.

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.