Siren L.L.C. Increases Position in Datadog, Inc. $DDOG

Siren L.L.C. grew its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 49.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 54,300 shares of the company’s stock after buying an additional 17,875 shares during the quarter. Siren L.L.C.’s holdings in Datadog were worth $6,410,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPL Wealth Management LLC bought a new stake in shares of Datadog during the third quarter worth $27,000. CoreCap Advisors LLC boosted its stake in shares of Datadog by 1,461.5% during the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after purchasing an additional 190 shares during the period. Flagship Harbor Advisors LLC bought a new position in shares of Datadog in the fourth quarter worth about $31,000. NBC Securities Inc. grew its holdings in shares of Datadog by 242.6% in the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after purchasing an additional 165 shares during the last quarter. Finally, Rothschild Investment LLC grew its holdings in shares of Datadog by 52.5% in the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after purchasing an additional 94 shares during the last quarter. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DDOG. Guggenheim lifted their price objective on shares of Datadog from $225.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday. Canaccord Genuity Group upped their target price on shares of Datadog from $225.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Citigroup reaffirmed a “market outperform” rating on shares of Datadog in a research report on Monday. Raymond James Financial lifted their price target on shares of Datadog from $170.00 to $220.00 in a research note on Thursday, May 7th. Finally, BTIG Research reaffirmed a “buy” rating and set a $255.00 price target on shares of Datadog in a research note on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $261.68.

Datadog Trading Down 0.6%

NASDAQ:DDOG opened at $244.39 on Friday. The firm has a 50-day simple moving average of $240.62 and a 200-day simple moving average of $168.00. Datadog, Inc. has a one year low of $98.01 and a one year high of $278.70. The firm has a market cap of $86.99 billion, a P/E ratio of 643.15, a P/E/G ratio of 24.99 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 (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company’s quarterly revenue was up 32.1% on a year-over-year basis. During the same period last year, the firm 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. Equities analysts anticipate that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog’s enterprise business appears to be accelerating, with larger customer adoption, broader product usage and AI integrations supporting recurring revenue growth and deeper wallet share. DDOG’s Enterprise Customer Expansion Accelerates: More Growth Ahead?
• Positive Sentiment: Several analysts reiterated bullish views or raised price targets, including Bank of America’s Buy rating, Oppenheimer’s higher target to $300, and Wells Fargo’s expectation that the stock can rise further. Bank of America Securities Sticks to Its Buy Rating for Datadog (DDOG)
• Positive Sentiment: Analysts still expect strong year-over-year earnings and revenue growth heading into the next report, which keeps the growth story intact despite recent volatility. Do Split Analyst Views On Datadog (DDOG) Reveal A Tension In Its Growth Narrative?
• Neutral Sentiment: Datadog is in focus ahead of earnings, with investors waiting for the company’s report to see whether growth can justify the premium valuation. Earnings preview: What to expect from Datadog’s report
• Neutral Sentiment: Some valuation models suggest the stock is now fairly valued, with sales still looking expensive after a strong multi-year run. Datadog (DDOG) Stock Looks Fairly Valued With Sales Still Looking Rich
• Negative Sentiment: Recent insider selling, including a CTO share sale, may add caution around valuation and near-term sentiment. What Does the Datadog CTO’s Sale of Company Shares Worth $11.5 Million Mean to Investors?
• Negative Sentiment: Despite the long-term rally, the stock has recently lagged the broader market at times, as investors question whether expectations have become too high. Datadog (DDOG) Stock Sinks As Market Gains: What You Should Know

Insider Activity at Datadog

In other Datadog news, Director Michael James Callahan sold 12,500 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $267.47, for a total transaction of $3,343,375.00. Following the sale, the director owned 14,996 shares of the company’s stock, valued at approximately $4,010,980.12. This trade represents a 45.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 84,698 shares of Datadog stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $232.30, for a total value of $19,675,345.40. Following the completion of the transaction, the chief executive officer owned 612,747 shares in the company, valued at $142,341,128.10. This represents a 12.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,396,309 shares of company stock valued at $317,712,002 over the last 90 days. Insiders own 6.48% of the company’s stock.

Datadog Company Profile

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.