Datadog, Inc. $DDOG Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 25.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,313 shares of the company’s stock after acquiring an additional 2,087 shares during the period. Janney Montgomery Scott LLC’s holdings in Datadog were worth $1,385,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. GC Wealth Management RIA LLC acquired a new stake in shares of Datadog during the 2nd quarter valued at about $1,017,000. V Square Quantitative Management LLC grew its position in shares of Datadog by 13.8% during the 2nd quarter. V Square Quantitative Management LLC now owns 601 shares of the company’s stock valued at $81,000 after acquiring an additional 73 shares during the period. KG&L Capital Management LLC grew its position in shares of Datadog by 6.5% during the 2nd quarter. KG&L Capital Management LLC now owns 3,643 shares of the company’s stock valued at $489,000 after acquiring an additional 222 shares during the period. Signaturefd LLC grew its position in shares of Datadog by 27.0% during the 2nd quarter. Signaturefd LLC now owns 2,705 shares of the company’s stock valued at $363,000 after acquiring an additional 575 shares during the period. Finally, Dakota Wealth Management grew its position in shares of Datadog by 55.9% during the 2nd quarter. Dakota Wealth Management now owns 6,518 shares of the company’s stock valued at $876,000 after acquiring an additional 2,336 shares during the period. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently issued reports on DDOG. Guggenheim reiterated a “sell” rating and issued a $105.00 price objective on shares of Datadog in a report on Tuesday, July 8th. Citigroup lifted their price objective on Datadog from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Monday, August 18th. DA Davidson lifted their price objective on Datadog from $170.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. Sanford C. Bernstein lifted their price objective on Datadog from $147.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Canaccord Genuity Group lifted their price objective on Datadog from $145.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Twenty-four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $158.46.

Datadog Trading Down 3.2%

Shares of Datadog stock opened at $158.74 on Monday. The stock has a market cap of $55.36 billion, a P/E ratio of 453.56, a P/E/G ratio of 62.11 and a beta of 1.21. The stock’s 50 day simple moving average is $138.06 and its 200-day simple moving average is $125.48. Datadog, Inc. has a 1-year low of $81.63 and a 1-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.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.05. The business had revenue of $826.76 million for the quarter, compared to analysts’ expectations of $791.72 million. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The business’s revenue for the quarter was up 28.1% compared to the same quarter last year. During the same period in the previous year, the firm 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. Analysts predict that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Insider Buying and Selling at Datadog

In other news, CTO Alexis Le-Quoc sold 55,352 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $133.83, for a total transaction of $7,407,758.16. Following the transaction, the chief technology officer directly owned 438,885 shares in the company, valued at $58,735,979.55. The trade was a 11.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Olivier Pomel sold 63,939 shares of Datadog stock in a transaction that occurred on Thursday, October 9th. The shares were sold at an average price of $165.02, for a total transaction of $10,551,213.78. Following the sale, the chief executive officer directly owned 533,358 shares in the company, valued at approximately $88,014,737.16. The trade was a 10.70% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,482,907 shares of company stock worth $201,395,584. 8.70% of the stock is owned by company insiders.

Datadog Company Profile

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.