Lbp Am Sa Trims Stock Holdings in Datadog, Inc. $DDOG

Lbp Am Sa lessened its stake in Datadog, Inc. (NASDAQ:DDOG) by 23.7% in the third quarter, Holdings Channel reports. The institutional investor owned 330,779 shares of the company’s stock after selling 102,972 shares during the quarter. Lbp Am Sa’s holdings in Datadog were worth $47,103,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of DDOG. V Square Quantitative Management LLC lifted its position in shares of Datadog by 13.8% during the second quarter. V Square Quantitative Management LLC now owns 601 shares of the company’s stock worth $81,000 after purchasing an additional 73 shares during the last quarter. Nilsine Partners LLC raised its stake in Datadog by 2.4% during the third quarter. Nilsine Partners LLC now owns 3,396 shares of the company’s stock valued at $484,000 after buying an additional 78 shares in the last quarter. PDS Planning Inc lifted its holdings in Datadog by 4.2% during the 3rd quarter. PDS Planning Inc now owns 1,975 shares of the company’s stock worth $281,000 after buying an additional 80 shares during the last quarter. Ameritas Investment Partners Inc. grew its position in shares of Datadog by 0.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 10,466 shares of the company’s stock worth $1,406,000 after acquiring an additional 82 shares in the last quarter. Finally, STF Management LP lifted its stake in Datadog by 2.3% during the second quarter. STF Management LP now owns 4,534 shares of the company’s stock worth $609,000 after purchasing an additional 104 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

Datadog Stock Performance

DDOG stock opened at $130.13 on Monday. The company has a 50-day simple moving average of $143.06 and a 200 day simple moving average of $145.56. The company has a market capitalization of $45.63 billion, a P/E ratio of 419.77, a PEG ratio of 23.21 and a beta of 1.26. The company has a quick ratio of 3.66, a current ratio of 3.66 and a debt-to-equity ratio of 0.29. Datadog, Inc. has a fifty-two week low of $81.63 and a fifty-two week high of $201.69.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, November 6th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.45 by $0.10. The firm had revenue of $885.65 million for the quarter, compared to analysts’ expectations of $852.77 million. Datadog had a net margin of 3.32% and a return on equity of 4.14%. Datadog’s quarterly revenue was up 28.4% on a year-over-year basis. During the same quarter last year, the company earned $0.46 EPS. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS and its Q4 2025 guidance at 0.54-0.56 EPS. Sell-side analysts predict that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Datadog news, CTO Alexis Le-Quoc sold 43,106 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $133.93, for a total value of $5,773,186.58. Following the sale, the chief technology officer directly owned 301,458 shares in the company, valued at approximately $40,374,269.94. The trade was a 12.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Yanbing Li sold 6,715 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $158.60, for a total transaction of $1,064,999.00. Following the transaction, the insider owned 199,394 shares of the company’s stock, valued at approximately $31,623,888.40. This trade represents a 3.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 1,071,709 shares of company stock valued at $192,590,597. 8.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on DDOG. Wells Fargo & Company increased their target price on shares of Datadog from $190.00 to $230.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. Barclays decreased their target price on Datadog from $215.00 to $195.00 and set an “overweight” rating for the company in a research note on Monday, January 12th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Datadog in a research report on Wednesday. Mizuho lowered their price objective on Datadog from $200.00 to $170.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, BNP Paribas Exane lowered their price target on shares of Datadog from $210.00 to $175.00 and set an “outperform” rating for the company in a research report on Thursday, January 15th. Thirty-four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $192.95.

About Datadog

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.