Slow Capital Inc. Grows Stake in Datadog, Inc. $DDOG

Slow Capital Inc. grew its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 5.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 63,548 shares of the company’s stock after acquiring an additional 3,325 shares during the period. Datadog comprises 1.0% of Slow Capital Inc.’s investment portfolio, making the stock its 23rd biggest position. Slow Capital Inc.’s holdings in Datadog were worth $8,536,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of DDOG. Costello Asset Management INC purchased a new position in Datadog in the first quarter valued at approximately $30,000. Cornerstone Planning Group LLC increased its position in Datadog by 96.9% in the first quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock worth $30,000 after buying an additional 154 shares during the last quarter. Opal Wealth Advisors LLC bought a new stake in shares of Datadog in the first quarter valued at $37,000. Center for Financial Planning Inc. lifted its position in shares of Datadog by 1,189.7% during the 1st quarter. Center for Financial Planning Inc. now owns 374 shares of the company’s stock valued at $37,000 after buying an additional 345 shares during the last quarter. Finally, Alpine Bank Wealth Management purchased a new position in shares of Datadog during the 1st quarter valued at $39,000. Institutional investors own 78.29% of the company’s stock.

Insider Transactions at Datadog

In related news, Director Matthew Jacobson sold 575,863 shares of the stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $126.96, for a total value of $73,111,566.48. Following the sale, 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Amit Agarwal sold 45,444 shares of Datadog stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $150.08, for a total value of $6,820,235.52. Following the sale, the director directly owned 1,640 shares of the company’s stock, valued at $246,131.20. This represents a 96.52% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,351,694 shares of company stock valued at $178,636,292. 8.70% of the stock is currently owned by company insiders.

Analyst Ratings Changes

DDOG has been the subject of several recent research reports. Wedbush reissued an “outperform” rating and issued a $140.00 price objective on shares of Datadog in a report on Wednesday, June 11th. Guggenheim reiterated a “sell” rating and set a $105.00 target price on shares of Datadog in a research report on Tuesday, July 8th. Jefferies Financial Group lifted their target price on shares of Datadog from $135.00 to $160.00 and gave the stock a “buy” rating in a research note on Monday, August 4th. Wells Fargo & Company assumed coverage on shares of Datadog in a research note on Tuesday, September 30th. They set an “overweight” rating and a $190.00 price target on the stock. Finally, Cantor Fitzgerald raised their price objective on shares of Datadog from $171.00 to $179.00 and gave the stock an “overweight” rating in a report on Thursday, August 7th. Twenty-five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $156.69.

Datadog Trading Up 3.6%

Shares of DDOG opened at $157.36 on Tuesday. Datadog, Inc. has a twelve month low of $81.63 and a twelve month high of $170.08. The stock has a market cap of $54.88 billion, a PE ratio of 449.61, a P/E/G ratio of 59.40 and a beta of 1.21. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.31. The business’s 50-day moving average price is $136.72 and its 200-day moving average price is $124.03.

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