1,097 Shares in Datadog, Inc. $DDOG Bought by Sentry Investment Management LLC

Sentry Investment Management LLC acquired a new stake in shares of Datadog, Inc. (NASDAQ:DDOG) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,097 shares of the company’s stock, valued at approximately $160,000.

A number of other institutional investors have also modified their holdings of the stock. West Tower Group LLC purchased a new position in shares of Datadog during the 2nd quarter valued at about $336,000. Chicago Partners Investment Group LLC raised its stake in shares of Datadog by 50.8% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 2,952 shares of the company’s stock valued at $425,000 after buying an additional 995 shares during the last quarter. Mutual of America Capital Management LLC purchased a new position in shares of Datadog during the 2nd quarter valued at about $643,000. Arnhold LLC raised its stake in shares of Datadog by 16.5% during the 2nd quarter. Arnhold LLC now owns 5,630 shares of the company’s stock valued at $756,000 after buying an additional 797 shares during the last quarter. Finally, William Blair Investment Management LLC raised its stake in shares of Datadog by 21.6% during the 2nd quarter. William Blair Investment Management LLC now owns 2,171,076 shares of the company’s stock valued at $291,641,000 after buying an additional 385,327 shares during the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Datadog Stock Performance

Shares of DDOG stock opened at $152.87 on Monday. The company has a market capitalization of $53.31 billion, a P/E ratio of 436.78, a P/E/G ratio of 59.81 and a beta of 1.21. The business’s 50 day moving average is $140.31 and its two-hundred day moving average is $127.52. 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.

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

Insider Buying and Selling

In related news, Director Michael James Callahan sold 8,333 shares of Datadog stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $160.55, for a total value of $1,337,863.15. Following the sale, the director directly owned 12,496 shares in the company, valued at approximately $2,006,232.80. The trade was a 40.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Shardul Shah sold 7,916 shares of Datadog stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $162.58, for a total value of $1,286,983.28. Following the completion of the sale, the director owned 364,449 shares in the company, valued at approximately $59,252,118.42. The trade was a 2.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,491,232 shares of company stock worth $202,904,731 in the last quarter. 8.70% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Datadog in a research note on Wednesday, October 8th. Guggenheim reiterated a “sell” rating and set a $105.00 price objective on shares of Datadog in a research note on Tuesday, July 8th. DA Davidson lifted their price objective on Datadog from $170.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Mizuho lifted their price objective on Datadog from $155.00 to $170.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Morgan Stanley raised their target price on Datadog from $115.00 to $165.00 and gave the company an “equal weight” rating in a research report on Thursday, July 10th. Twenty-six analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $162.37.

About Datadog

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.