Datadog, Inc. $DDOG Stock Holdings Increased by OFI Invest Asset Management

OFI Invest Asset Management increased its holdings in Datadog, Inc. (NASDAQ:DDOG) by 6.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,824 shares of the company’s stock after purchasing an additional 541 shares during the quarter. OFI Invest Asset Management’s holdings in Datadog were worth $1,185,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in DDOG. V Square Quantitative Management LLC grew its position in Datadog by 13.8% during the second quarter. V Square Quantitative Management LLC now owns 601 shares of the company’s stock valued at $81,000 after purchasing an additional 73 shares in the last quarter. Biltmore Wealth Management LLC grew its position in Datadog by 1.5% during the second quarter. Biltmore Wealth Management LLC now owns 5,726 shares of the company’s stock valued at $769,000 after purchasing an additional 86 shares in the last quarter. Emerald Advisers LLC grew its position in Datadog by 1.1% during the first quarter. Emerald Advisers LLC now owns 9,300 shares of the company’s stock valued at $923,000 after purchasing an additional 97 shares in the last quarter. YANKCOM Partnership grew its position in Datadog by 12.0% during the first quarter. YANKCOM Partnership now owns 927 shares of the company’s stock valued at $92,000 after purchasing an additional 99 shares in the last quarter. Finally, Covestor Ltd grew its position in Datadog by 8.9% during the first quarter. Covestor Ltd now owns 1,388 shares of the company’s stock valued at $138,000 after purchasing an additional 113 shares in the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on DDOG shares. Stifel Nicolaus boosted their price objective on shares of Datadog from $120.00 to $135.00 and gave the company a “hold” rating in a research report on Thursday, June 26th. Guggenheim reaffirmed a “sell” rating and set a $105.00 price objective on shares of Datadog in a research report on Tuesday, July 8th. Wells Fargo & Company began coverage on shares of Datadog in a research report on Tuesday, September 30th. They issued an “overweight” rating and a $190.00 target price for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Datadog in a research report on Wednesday, October 8th. Finally, Morgan Stanley boosted their target price on shares of Datadog from $115.00 to $165.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 10th. Twenty-four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $158.46.

Insider Activity

In other Datadog news, Director Michael James Callahan sold 91,667 shares of the stock in a transaction on Monday, October 6th. The shares were sold at an average price of $157.60, for a total value of $14,446,719.20. Following the completion of the sale, the director directly owned 12,496 shares of the company’s stock, valued at $1,969,369.60. This represents a 88.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Alexis Le-Quoc sold 41,468 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $150.94, for a total transaction of $6,259,179.92. Following the completion of the sale, the chief technology officer directly owned 438,885 shares of the company’s stock, valued at approximately $66,245,301.90. This trade represents a 8.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,482,907 shares of company stock valued at $201,395,584 in the last quarter. 8.70% of the stock is currently owned by corporate insiders.

Datadog Price Performance

NASDAQ DDOG opened at $158.74 on Monday. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31. The company has a fifty day simple moving average of $138.06 and a 200 day simple moving average of $125.48. The company 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. Datadog, Inc. has a 1 year low of $81.63 and a 1 year high of $170.08.

Datadog (NASDAQ:DDOG) 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. The business had revenue of $826.76 million during the quarter, compared to the consensus estimate of $791.72 million. Datadog had a net margin of 4.13% and a return on equity of 5.04%. Datadog’s quarterly revenue was up 28.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $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. On average, sell-side analysts predict that Datadog, Inc. will post 0.34 EPS for the current year.

Datadog 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.