Datadog, Inc. $DDOG Stock: Howard Capital Management LLC Raises Position

Howard Capital Management LLC boosted its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 83.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,202 shares of the company’s stock after buying an additional 7,833 shares during the period. Howard Capital Management LLC’s holdings in Datadog were worth $4,711,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of DDOG. Employees Provident Fund Board acquired a new stake in Datadog during the 4th quarter worth about $251,582,000. First Trust Advisors LP grew its stake in Datadog by 81.5% during the 1st quarter. First Trust Advisors LP now owns 3,685,562 shares of the company’s stock valued at $435,081,000 after acquiring an additional 1,654,429 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in Datadog by 197.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 2,443,008 shares of the company’s stock valued at $669,018,000 after acquiring an additional 1,622,904 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of Datadog by 22.8% in the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock valued at $905,570,000 after purchasing an additional 1,439,082 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Datadog by 162.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,571,018 shares of the company’s stock valued at $185,459,000 after purchasing an additional 971,910 shares during the period. 78.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Datadog

In other news, CEO Olivier Pomel sold 127,141 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $286.71, for a total transaction of $36,452,596.11. Following the transaction, the chief executive officer owned 612,747 shares in the company, valued at approximately $175,680,692.37. This trade represents a 17.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction on Monday, August 10th. The shares were sold at an average price of $253.36, for a total transaction of $13,659,144.32. Following the completion of the sale, the chief technology officer directly owned 509,805 shares of the company’s stock, valued at approximately $129,164,194.80. The trade was a 9.56% 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. In the last 90 days, insiders have sold 991,988 shares of company stock worth $241,440,796. 6.48% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

DDOG has been the subject of a number of research analyst reports. Guggenheim increased their price target on shares of Datadog from $225.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Wedbush initiated coverage on shares of Datadog in a research report on Friday, September 11th. They set an “outperform” rating and a $275.00 price objective on the stock. Jefferies Financial Group reiterated a “hold” rating and issued a $300.00 price objective on shares of Datadog in a research note on Sunday, October 11th. KeyCorp increased their target price on shares of Datadog from $225.00 to $320.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Finally, TD Cowen lifted their target price on shares of Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Three research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and an average price target of $281.18.

Datadog Stock Down 7.2%

Shares of NASDAQ DDOG traded down $19.14 during trading hours on Friday, hitting $247.11. The stock had a trading volume of 3,748,566 shares, compared to its average volume of 2,987,195. The firm’s 50-day moving average price is $246.68 and its two-hundred day moving average price is $221.26. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $300.68. The company has a market capitalization of $88.73 billion, a P/E ratio of 504.32, a P/E/G ratio of 25.98 and a beta of 1.51. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The company’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Analysts anticipate that Datadog, Inc. will post 0.70 EPS for the current fiscal year.

Datadog Profile

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.