Mayflower Financial Advisors LLC Acquires Shares of 2,124 Datadog, Inc. $DDOG

Mayflower Financial Advisors LLC acquired a new stake in Datadog, Inc. (NASDAQ:DDOG) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,124 shares of the company’s stock, valued at approximately $251,000.

Other hedge funds also recently modified their holdings of the company. State Street Corp boosted its holdings in shares of Datadog by 106.8% during the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after buying an additional 7,091,075 shares during the period. Norges Bank acquired a new stake in Datadog during the fourth quarter worth approximately $469,461,000. Jennison Associates LLC lifted its position in Datadog by 43.7% during the fourth quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock worth $1,036,787,000 after acquiring an additional 2,316,994 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Datadog by 119.2% during the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock worth $580,383,000 after acquiring an additional 2,216,402 shares during the period. Finally, Employees Provident Fund Board bought a new stake in shares of Datadog during the fourth quarter worth approximately $251,582,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog announced it acquired Adaptive ML, a reinforcement-learning startup, to expand its AI research efforts and build out RLOps capabilities for enterprise AI agents and models. Datadog Acquires Adaptive ML to Accelerate Its Investment in AI Research and Development
• Positive Sentiment: Analyst coverage remains broadly constructive, with Bernstein reiterating an outperform rating and several other firms recently raising price targets, reinforcing investor confidence in Datadog’s growth outlook.
• Positive Sentiment: The stock has also benefited from broader strength in software names, with recent commentary highlighting Datadog as a possible winner as investors look past AI-disruption fears in SaaS.
• Neutral Sentiment: Recent insider sales by directors Michael James Callahan and Amit Agarwal were disclosed, but both were made under pre-arranged 10b5-1 trading plans, which makes them less likely to signal a change in fundamentals.
• Neutral Sentiment: Datadog’s latest earnings report was solid, with revenue and EPS both beating estimates and revenue growing 32.1% year over year, but this information is already well known and is not the main new catalyst today.

Datadog Stock Performance

NASDAQ:DDOG opened at $264.48 on Thursday. The stock has a fifty day moving average price of $208.48 and a 200-day moving average price of $154.46. The company has a market cap of $94.14 billion, a price-to-earnings ratio of 696.02, a PEG ratio of 26.47 and a beta of 1.54. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.Datadog’s revenue was up 32.1% on a year-over-year basis. During the same quarter last year, the business earned $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. As a group, equities analysts anticipate that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Insider Activity

In other Datadog news, Director Amit Agarwal sold 20,000 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $220.12, for a total value of $4,402,400.00. Following the transaction, the director directly owned 1,640 shares of the company’s stock, valued at $360,996.80. This trade represents a 92.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 84,698 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $232.30, for a total transaction of $19,675,345.40. Following the completion of the transaction, the chief executive officer owned 612,747 shares of the company’s stock, valued at $142,341,128.10. The trade was a 12.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,467,864 shares of company stock valued at $311,427,105. Company insiders own 6.48% of the company’s stock.

Wall Street Analyst Weigh In

DDOG has been the topic of a number of recent research reports. Scotiabank increased their target price on Datadog from $225.00 to $275.00 and gave the stock an “outperform” rating in a research note on Thursday, June 18th. Raymond James Financial boosted their price target on Datadog from $170.00 to $220.00 in a research note on Thursday, May 7th. Oppenheimer increased their price objective on Datadog from $200.00 to $220.00 in a research report on Thursday, May 7th. Citizens Jmp raised Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 target price for the company in a report on Thursday, May 7th. Finally, New Street Research set a $260.00 target price on shares of Datadog in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $242.09.

About Datadog

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.