Prospera Financial Services Inc Sells 2,212 Shares of Datadog, Inc. $DDOG

Prospera Financial Services Inc reduced its position in shares of Datadog, Inc. (NASDAQ:DDOGFree Report) by 44.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,749 shares of the company’s stock after selling 2,212 shares during the period. Prospera Financial Services Inc’s holdings in Datadog were worth $374,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Hartford Investment Management Co. bought a new position in Datadog during the 3rd quarter valued at about $2,689,000. IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its holdings in Datadog by 134.5% during the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 31,142 shares of the company’s stock valued at $4,435,000 after purchasing an additional 17,860 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Datadog by 30.3% in the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after acquiring an additional 9,748,738 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in shares of Datadog by 71.3% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 170,310 shares of the company’s stock worth $24,288,000 after acquiring an additional 70,888 shares during the last quarter. Finally, Patton Fund Management Inc. raised its stake in shares of Datadog by 1,964.8% in the fourth quarter. Patton Fund Management Inc. now owns 38,550 shares of the company’s stock worth $5,242,000 after acquiring an additional 36,683 shares during the last quarter. 78.29% of the stock is owned by institutional investors.

Analysts Set New Price Targets

DDOG has been the subject of a number of research analyst reports. UBS Group boosted their target price on shares of Datadog from $195.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Stifel Nicolaus set a $305.00 target price on shares of Datadog in a research note on Thursday, May 7th. KeyCorp boosted their target price on shares of Datadog from $155.00 to $225.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Scotiabank boosted their target price on shares of Datadog from $160.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, Raymond James Financial boosted their target price on shares of Datadog from $170.00 to $220.00 in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Datadog presently has a consensus rating of “Moderate Buy” and a consensus target price of $219.69.

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Datadog Stock Performance

DDOG opened at $247.35 on Monday. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The company has a market cap of $88.05 billion, a price-to-earnings ratio of 650.94, a price-to-earnings-growth ratio of 26.41 and a beta of 1.56. The firm has a 50 day simple moving average of $154.21 and a 200 day simple moving average of $142.67. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $249.81.

Datadog (NASDAQ:DDOGGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. Datadog’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, sell-side analysts anticipate that Datadog, Inc. will post 0.61 earnings per share for the current year.

Insider Buying and Selling at Datadog

In related news, Director Julie Richardson sold 1,930 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $185.82, for a total transaction of $358,632.60. Following the completion of the sale, the director directly owned 2,106 shares of the company’s stock, valued at $391,336.92. The trade was a 47.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 43,224 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $208.04, for a total transaction of $8,992,320.96. Following the sale, the chief technology officer directly owned 531,311 shares of the company’s stock, valued at approximately $110,533,940.44. This trade represents a 7.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 848,198 shares of company stock valued at $135,415,163 over the last 90 days. Company insiders own 6.48% of the company’s stock.

Datadog Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Datadog (NASDAQ:DDOG)

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