PFG Investments LLC Invests $524,000 in Datadog, Inc. $DDOG

PFG Investments LLC acquired a new position in shares of Datadog, Inc. (NASDAQ:DDOGFree Report) in the 1st quarter, Holdings Channel reports. The fund acquired 4,439 shares of the company’s stock, valued at approximately $524,000.

Several other hedge funds have also recently added to or reduced their stakes in DDOG. Elevation Point Wealth Partners LLC grew its holdings in Datadog by 3.3% in the 3rd quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock valued at $242,000 after buying an additional 55 shares during the last quarter. Chicago Partners Investment Group LLC boosted its position 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 valued at $622,000 after acquiring an additional 73 shares during the period. Vivaldi Capital Management LP boosted 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 acquiring an additional 74 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Datadog by 2.0% in the fourth quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock worth $529,000 after acquiring an additional 78 shares during the last quarter. Finally, Roberts Wealth Advisors LLC grew its stake in shares of Datadog by 0.6% in the fourth quarter. Roberts Wealth Advisors LLC now owns 14,041 shares of the company’s stock worth $1,909,000 after acquiring an additional 81 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Sanford C. Bernstein cut shares of Datadog from an “outperform” rating to a “market perform” rating and upped their target price for the company from $180.00 to $226.00 in a research note on Monday. Scotiabank raised their price target on shares of Datadog from $225.00 to $275.00 and gave the stock an “outperform” rating in a research report on Thursday, June 18th. Capital One Financial boosted their price objective on shares of Datadog from $217.00 to $268.00 and gave the stock an “overweight” rating in a report on Wednesday, June 17th. Rothschild & Co Redburn initiated coverage on shares of Datadog in a research note on Thursday, April 23rd. They issued a “buy” rating and a $170.00 target price for the company. Finally, Citigroup lifted their target price on Datadog from $218.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $244.73.

Check Out Our Latest Stock Analysis on DDOG

Insider Buying and Selling at Datadog

In related news, CFO David M. Obstler sold 75,000 shares of the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $231.69, for a total value of $17,376,750.00. Following the sale, the chief financial officer owned 434,591 shares of the company’s stock, valued at $100,690,388.79. The trade was a 14.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dev Ittycheria sold 120,000 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $248.78, for a total value of $29,853,600.00. Following the completion of the sale, the director owned 39,235 shares in the company, valued at $9,760,883.30. This trade represents a 75.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,448,064 shares of company stock worth $313,787,622 over the last three months. 6.48% of the stock is currently owned by insiders.

Datadog Trading Up 0.6%

Shares of DDOG stock opened at $256.81 on Wednesday. The firm has a fifty day moving average of $218.76 and a 200-day moving average of $157.76. The stock has a market cap of $91.41 billion, a price-to-earnings ratio of 675.83, a P/E/G ratio of 25.97 and a beta of 1.54. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $278.70. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40.

Datadog (NASDAQ:DDOGGet Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.09. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm’s revenue was up 32.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.46 EPS. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, equities research analysts forecast that Datadog, Inc. will post 0.64 earnings per share for the current fiscal year.

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About Datadog

(Free Report)

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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Institutional Ownership by Quarter for Datadog (NASDAQ:DDOG)

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