Datadog, Inc. $DDOG Shares Purchased by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC lifted its stake in Datadog, Inc. (NASDAQ:DDOG) by 11.4% during the third quarter, HoldingsChannel reports. The firm owned 53,422 shares of the company’s stock after purchasing an additional 5,483 shares during the period. Motley Fool Asset Management LLC’s holdings in Datadog were worth $14,630,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. EMC Capital Management purchased a new position in Datadog in the 2nd quarter worth about $28,000. Cornerstone Financial Management LLC lifted its holdings in Datadog by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock valued at $33,000 after buying an additional 45 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its position in Datadog by 341.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock valued at $38,000 after buying an additional 246 shares during the period. Elevation Wealth Partners LLC boosted its position in Datadog by 2,700.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock valued at $44,000 after buying an additional 162 shares during the period. Finally, Armstrong Advisory Group Inc. purchased a new stake in Datadog in the 3rd quarter valued at about $46,000. 78.29% of the stock is currently owned by institutional investors.

Insider Transactions at Datadog

In related news, insider Yanbing Li sold 12,700 shares of Datadog stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $221.26, for a total transaction of $2,810,002.00. Following the transaction, the insider directly owned 250,446 shares of the company’s stock, valued at $55,413,681.96. This trade represents a 4.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Kerry Acocella sold 5,280 shares of the business’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $228.85, for a total value of $1,208,328.00. Following the completion of the transaction, the general counsel directly owned 115,243 shares of the company’s stock, valued at approximately $26,373,360.55. The trade was a 4.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 861,710 shares of company stock worth $208,224,346. Insiders own 6.48% of the company’s stock.

Wall Street Analysts Forecast Growth

DDOG has been the topic of a number of research analyst reports. Citigroup upped their target price on shares of Datadog from $300.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Robert W. Baird set a $300.00 price target on shares of Datadog in a research note on Friday, August 7th. Canaccord Genuity Group boosted their price target on Datadog from $250.00 to $295.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Oppenheimer boosted their price target on Datadog from $300.00 to $330.00 and gave the company an “outperform” rating in a report on Monday. Finally, Raymond James Financial reissued an “outperform” rating and issued a $280.00 price objective on shares of Datadog in a research note on Thursday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $287.22.

Datadog Stock Down 0.9%

NASDAQ:DDOG opened at $278.41 on Thursday. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $300.68. The company has a 50-day moving average of $250.57 and a 200 day moving average of $196.90. The firm has a market cap of $99.97 billion, a PE ratio of 568.20, a price-to-earnings-growth ratio of 26.32 and a beta of 1.51. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20.

Datadog (NASDAQ:DDOG) last posted its earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate 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 posted $0.46 EPS. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. As a group, research analysts anticipate that Datadog, Inc. will post 0.70 EPS for the current fiscal year.

Datadog Company Profile

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.