Kestra Advisory Services LLC Sells 5,435 Shares of Datadog, Inc. $DDOG

Kestra Advisory Services LLC cut its stake in Datadog, Inc. (NASDAQ:DDOG) by 51.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 5,203 shares of the company’s stock after selling 5,435 shares during the quarter. Kestra Advisory Services LLC’s holdings in Datadog were worth $614,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. JPL Wealth Management LLC bought a new stake in Datadog during the third quarter worth $27,000. CoreCap Advisors LLC lifted its stake in Datadog by 1,461.5% during the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after acquiring an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in Datadog during the 4th quarter valued at $31,000. NBC Securities Inc. grew its stake in shares of Datadog by 242.6% in the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after acquiring an additional 165 shares in the last quarter. Finally, Rothschild Investment LLC grew its stake in shares of Datadog by 52.5% in the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after acquiring an additional 94 shares in the last quarter. Institutional investors own 78.29% of the company’s stock.

Insider Buying and Selling at Datadog

In other Datadog news, Director Michael James Callahan sold 112,500 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $231.60, for a total value of $26,055,000.00. Following the completion of the sale, the director directly owned 14,996 shares of the company’s stock, valued at $3,473,073.60. This trade represents a 88.24% decrease in their ownership of the stock. The transaction 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, CFO David M. Obstler sold 75,000 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $231.69, for a total value of $17,376,750.00. Following the completion of the sale, the chief financial officer directly owned 434,591 shares of the company’s stock, valued at $100,690,388.79. This represents a 14.72% 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 sold 1,376,309 shares of company stock valued at $315,082,602 in the last quarter. Insiders own 6.48% of the company’s stock.

Analyst Upgrades and Downgrades

DDOG has been the topic of a number of recent analyst reports. Citigroup reissued a “market outperform” rating on shares of Datadog in a research report on Monday, July 20th. Weiss Ratings raised shares of Datadog from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 14th. Craig Hallum assumed coverage on shares of Datadog in a research note on Monday, June 15th. They issued a “buy” rating for the company. Evercore lifted their target price on shares of Datadog from $225.00 to $265.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Finally, Scotiabank boosted their target price on Datadog from $225.00 to $275.00 and gave the stock an “outperform” rating in a research note on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.68.

Datadog Stock Performance

Shares of DDOG stock opened at $246.86 on Monday. The firm has a market cap of $87.87 billion, a price-to-earnings ratio of 649.65, a P/E/G ratio of 25.10 and a beta of 1.54. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $278.70. The firm’s 50-day simple moving average is $241.40 and its two-hundred day simple moving average is $168.80.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. During the same period in the prior year, the firm earned $0.46 EPS. The company’s revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, equities analysts forecast that Datadog, Inc. will post 0.64 earnings per share for the current year.

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.