Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of Datadog, Inc. (NASDAQ:DDOG – Free Report) by 26.5% in the 1st quarter, HoldingsChannel.com reports. The firm owned 1,328,431 shares of the company’s stock after purchasing an additional 278,647 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in Datadog were worth $156,821,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC purchased a new position in Datadog during the 4th quarter worth $209,000. Bison Wealth LLC purchased a new stake in Datadog in the fourth quarter valued at about $228,000. Empowered Funds LLC boosted its holdings in Datadog by 7.0% in the first quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after acquiring an additional 672 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in Datadog by 17.6% in the first quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after acquiring an additional 115 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in shares of Datadog during the second quarter worth about $509,000. Institutional investors and hedge funds own 78.29% of the company’s stock.
Insider Transactions at Datadog
In other Datadog news, CEO Olivier Pomel sold 84,698 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $232.30, for a total transaction of $19,675,345.40. Following the completion of the transaction, the chief executive officer directly owned 612,747 shares in the company, valued at approximately $142,341,128.10. This represents a 12.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael James Callahan sold 12,500 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $267.47, for a total transaction of $3,343,375.00. Following the transaction, the director directly owned 14,996 shares in the company, valued at approximately $4,010,980.12. The trade was a 45.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,459,533 shares of company stock worth $325,887,030 in the last ninety days. Company insiders own 6.48% of the company’s stock.
Datadog Price Performance
Datadog (NASDAQ:DDOG – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. During the same quarter in the prior year, the business posted $0.46 earnings per share. Datadog’s revenue for the quarter was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Sell-side analysts predict that Datadog, Inc. will post 0.64 earnings per share for the current fiscal year.
Key Datadog News
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Recent commentary highlighted Datadog as a strong long-term growth stock, citing its solid revenue trends and continued relevance in cloud monitoring and observability. Why Datadog (DDOG) is a Top Growth Stock for the Long-Term
- Positive Sentiment: Another market note compared Datadog’s revenue trends favorably versus peers, reinforcing the view that the company still has room to grow as demand for cloud observability and security tools remains healthy. DigitalOcean vs. Datadog: What the Revenue Trends of These Tech Companies Reveal for Investors
- Neutral Sentiment: Datadog has also been getting more attention from investors and stock screeners, which can add to trading momentum but does not by itself change fundamentals. Here is What to Know Beyond Why Datadog, Inc. (DDOG) is a Trending Stock
- Neutral Sentiment: MarketBeat noted that Datadog’s latest quarterly results were strong, with revenue and EPS beating expectations and guidance still pointing to growth, supporting the stock’s elevated valuation.
- Negative Sentiment: Director Amit Agarwal disclosed another sale of 20,000 shares, worth about $5.35 million, under a pre-arranged 10b5-1 plan. While routine, repeated insider selling can weigh on investor sentiment. Datadog (NASDAQ:DDOG) Director Sells $5,348,200.00 in Stock
Analyst Ratings Changes
Several equities analysts have recently issued reports on the stock. Rosenblatt Securities upped their price objective on shares of Datadog from $178.00 to $220.00 and gave the company a “buy” rating in a report on Friday, May 8th. Barclays upped their price target on shares of Datadog from $215.00 to $260.00 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. Capital One Financial boosted their price objective on shares of Datadog from $217.00 to $268.00 and gave the company an “overweight” rating in a report on Wednesday, June 17th. Zacks Research upgraded Datadog from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. Finally, Canaccord Genuity Group boosted their price target on Datadog from $225.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Two equities research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $244.73.
Check Out Our Latest Report on DDOG
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.
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