Datadog, Inc. $DDOG Stock Acquired by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR grew its holdings in Datadog, Inc. (NASDAQ:DDOG – Free Report) by 14.7% during the third quarter, HoldingsChannel reports. The fund owned 19,821 shares of the company’s stock after purchasing an additional 2,536 shares during the period. Generali Asset Management SPA SGR’s holdings in Datadog were worth $5,428,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in DDOG. Integrated Wealth Concepts LLC boosted its holdings in Datadog by 1,691.4% in the second quarter. Integrated Wealth Concepts LLC now owns 186,216 shares of the company’s stock valued at $48,483,000 after purchasing an additional 175,821 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Datadog by 7,711.3% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 94,048 shares of the company’s stock valued at $25,755,000 after purchasing an additional 92,844 shares during the last quarter. Congress Asset Management Co. increased its stake in Datadog by 3.0% in the third quarter. Congress Asset Management Co. now owns 268,825 shares of the company’s stock valued at $71,350,000 after purchasing an additional 7,802 shares during the last quarter. Saudi Central Bank raised its holdings in Datadog by 91.6% during the second quarter. Saudi Central Bank now owns 21,867 shares of the company’s stock worth $5,693,000 after purchasing an additional 10,455 shares in the last quarter. Finally, Cooper Financial Group raised its holdings in Datadog by 188.1% during the third quarter. Cooper Financial Group now owns 20,934 shares of the company’s stock worth $5,733,000 after purchasing an additional 13,669 shares in the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Datadog Trading Down 0.9%

NASDAQ:DDOG opened at $278.41 on Thursday. The company has a market capitalization of $99.97 billion, a PE ratio of 568.20, a P/E/G ratio of 26.32 and a beta of 1.51. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $300.68. The stock’s 50 day moving average price is $250.57 and its 200 day moving average price is $196.90. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23.

Datadog (NASDAQ:DDOG – Get Free Report) last issued its quarterly earnings data 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 return on equity of 5.67% and a net margin of 4.48%. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the previous year, the business earned $0.46 earnings per share. The firm’s revenue for the quarter 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 0.70 EPS for the current year.

Analyst Ratings Changes

DDOG has been the subject of several recent analyst reports. Rosenblatt Securities boosted their price objective on shares of Datadog from $220.00 to $305.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Jefferies Financial Group restated a “hold” rating and issued a $300.00 target price on shares of Datadog in a report on Sunday, October 11th. Morgan Stanley increased their target price on shares of Datadog from $225.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. Wedbush assumed coverage on shares of Datadog in a research report on Friday, September 11th. They issued an “outperform” rating and a $275.00 target price on the stock. Finally, Citigroup lifted their price target on shares of Datadog from $300.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Three analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $287.22.

Get Our Latest Stock Analysis on Datadog

Insider Buying and Selling at Datadog

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $227.02, for a total value of $12,239,102.24. Following the completion of the sale, the chief technology officer owned 509,805 shares in the company, valued at $115,735,931.10. This represents a 9.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Matthew Jacobson sold 39,912 shares of the company’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $250.55, for a total transaction of $9,999,951.60. Following the completion of the sale, the director owned 544,220 shares of the company’s stock, valued at approximately $136,354,321. This trade represents a 6.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 861,710 shares of company stock valued at $208,224,346. 6.48% of the stock is currently owned by insiders.

About Datadog

(Free Report)

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.

See Also

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Institutional Ownership by Quarter for Datadog (NASDAQ:DDOG)

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