DLD Asset Management LP Invests $1.38 Million in Datadog, Inc. $DDOG

DLD Asset Management LP purchased a new position in Datadog, Inc. (NASDAQ:DDOG) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 13,900 shares of the company’s stock, valued at approximately $1,379,000.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Datadog by 3.5% in the first quarter. Vanguard Group Inc. now owns 31,413,032 shares of the company’s stock worth $3,116,487,000 after acquiring an additional 1,058,803 shares during the period. Baillie Gifford & Co. boosted its stake in Datadog by 12.6% during the first quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company’s stock valued at $1,217,769,000 after buying an additional 1,369,522 shares during the period. Goldman Sachs Group Inc. boosted its stake in Datadog by 259.7% during the first quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company’s stock valued at $858,994,000 after buying an additional 6,250,942 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Datadog by 23.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,729,254 shares of the company’s stock valued at $667,611,000 after buying an additional 1,261,065 shares during the period. Finally, Brown Advisory Inc. boosted its stake in Datadog by 76.5% during the first quarter. Brown Advisory Inc. now owns 4,853,012 shares of the company’s stock valued at $481,467,000 after buying an additional 2,103,838 shares during the period. 78.29% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Datadog news, CEO Olivier Pomel sold 32,923 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $135.74, for a total value of $4,468,968.02. Following the completion of the sale, the chief executive officer owned 533,358 shares in the company, valued at approximately $72,398,014.92. This represents a 5.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO David M. Obstler sold 12,619 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $133.85, for a total value of $1,689,053.15. Following the completion of the sale, the chief financial officer owned 386,651 shares of the company’s stock, valued at $51,753,236.35. The trade was a 3.16% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,406,371 shares of company stock worth $184,294,753 in the last three months. 8.70% of the stock is owned by company insiders.

Datadog Trading Up 0.0%

NASDAQ:DDOG opened at $139.15 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.43 and a quick ratio of 3.43. The firm has a market capitalization of $48.53 billion, a price-to-earnings ratio of 397.58, a price-to-earnings-growth ratio of 54.78 and a beta of 1.10. Datadog, Inc. has a one year low of $81.63 and a one year high of $170.08. The business has a fifty day moving average price of $137.74 and a 200-day moving average price of $119.84.

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on DDOG shares. Needham & Company LLC reissued a “buy” rating and set a $175.00 price objective on shares of Datadog in a research note on Thursday, August 14th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Datadog in a research note on Friday, August 8th. Bank of America lifted their price objective on Datadog from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Monday, July 7th. Mizuho boosted their price target on Datadog from $145.00 to $155.00 and gave the company an “outperform” rating in a report on Friday, August 8th. Finally, Canaccord Genuity Group boosted their price target on Datadog from $145.00 to $160.00 and gave the company a “buy” rating in a report on Friday, August 8th. Twenty-four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $153.10.

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.