Datadog, Inc. $DDOG Shares Bought by Whittier Trust Co.

Whittier Trust Co. boosted its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 2.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 102,495 shares of the company’s stock after purchasing an additional 2,066 shares during the quarter. Whittier Trust Co.’s holdings in Datadog were worth $13,768,000 as of its most recent filing with the SEC.

Other institutional investors have also recently modified their holdings of the company. Costello Asset Management INC acquired a new stake in shares of Datadog during the 1st quarter valued at about $30,000. Cornerstone Planning Group LLC grew its position in shares of Datadog by 96.9% during the 1st quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock valued at $30,000 after acquiring an additional 154 shares during the period. Interchange Capital Partners LLC acquired a new stake in shares of Datadog during the 2nd quarter valued at about $42,000. Center for Financial Planning Inc. grew its position in shares of Datadog by 1,189.7% during the 1st quarter. Center for Financial Planning Inc. now owns 374 shares of the company’s stock valued at $37,000 after acquiring an additional 345 shares during the period. Finally, Alpine Bank Wealth Management acquired a new stake in shares of Datadog during the 1st quarter valued at about $39,000. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Datadog Trading Up 2.2%

DDOG stock opened at $156.29 on Tuesday. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $170.08. The stock has a market cap of $54.50 billion, a price-to-earnings ratio of 446.56, a PEG ratio of 59.81 and a beta of 1.21. The business’s 50-day moving average is $140.86 and its 200 day moving average is $128.00.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.05. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The company had revenue of $826.76 million for the quarter, compared to analysts’ expectations of $791.72 million. During the same period in the previous year, the firm posted $0.43 EPS. Datadog’s revenue was up 28.1% compared to the same quarter last year. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. On average, sell-side analysts anticipate that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Insiders Place Their Bets

In other Datadog news, Director Amit Agarwal sold 45,444 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $150.08, for a total value of $6,820,235.52. Following the transaction, the director directly owned 1,640 shares of the company’s stock, valued at $246,131.20. This trade represents a 96.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Michael James Callahan sold 91,667 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $157.60, for a total transaction of $14,446,719.20. Following the completion of the transaction, the director directly owned 12,496 shares in the company, valued at $1,969,369.60. This trade represents a 88.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,491,232 shares of company stock worth $202,904,731. 8.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on DDOG. Weiss Ratings restated a “sell (d+)” rating on shares of Datadog in a research report on Wednesday, October 8th. Sanford C. Bernstein raised their target price on Datadog from $147.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, October 8th. Jefferies Financial Group raised their target price on Datadog from $160.00 to $190.00 and gave the company a “buy” rating in a research report on Tuesday, October 14th. Cantor Fitzgerald lifted their price objective on Datadog from $171.00 to $179.00 and gave the stock an “overweight” rating in a report on Thursday, August 7th. Finally, Scotiabank reiterated an “outperform” rating on shares of Datadog in a report on Friday, August 8th. Twenty-six investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $162.37.

Datadog Company Profile

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.