Compagnie Lombard Odier SCmA boosted its stake in Datadog, Inc. (NASDAQ:DDOG – Free Report) by 11.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 501,794 shares of the company’s stock after purchasing an additional 52,667 shares during the period. Compagnie Lombard Odier SCmA owned approximately 0.15% of Datadog worth $67,406,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Putney Financial Group LLC acquired a new stake in Datadog in the 4th quarter valued at $32,000. Costello Asset Management INC acquired a new stake in Datadog in the 1st quarter valued at $30,000. Cornerstone Planning Group LLC increased its holdings in Datadog by 96.9% in the 1st quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock valued at $30,000 after purchasing an additional 154 shares in the last quarter. Opal Wealth Advisors LLC acquired a new stake in Datadog in the 1st quarter valued at $37,000. Finally, Center for Financial Planning Inc. increased its holdings in Datadog by 1,189.7% in the 1st quarter. Center for Financial Planning Inc. now owns 374 shares of the company’s stock valued at $37,000 after purchasing an additional 345 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other Datadog news, Director Amit Agarwal sold 44,444 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $138.34, for a total value of $6,148,382.96. Following the transaction, the director directly owned 1,640 shares in the company, valued at $226,877.60. The trade was a 96.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Matthew Jacobson sold 575,863 shares of the business’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $126.96, for a total transaction of $73,111,566.48. Following the completion of the transaction, the director owned 219,831 shares in the company, valued at approximately $27,909,743.76. This trade represents a 72.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,449,792 shares of company stock valued at $190,786,777 in the last ninety days. 8.70% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
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Datadog Stock Performance
Shares of DDOG opened at $138.37 on Tuesday. The company’s fifty day moving average price is $136.69 and its 200 day moving average price is $121.05. Datadog, Inc. has a one year low of $81.63 and a one year high of $170.08. 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 company has a market capitalization of $48.25 billion, a PE ratio of 395.35, a price-to-earnings-growth ratio of 54.96 and a beta of 1.11.
Datadog (NASDAQ:DDOG – Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.05. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The company had revenue of $826.76 million for the quarter, compared to the consensus estimate of $791.72 million. During the same quarter in the previous year, the firm posted $0.43 EPS. The business’s revenue was up 28.1% compared to the same quarter last year. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. As a group, analysts expect that Datadog, Inc. will post 0.34 earnings per share for the current year.
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.
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