Inspire Investing LLC Has $555,000 Stock Holdings in Datadog, Inc. $DDOG

Inspire Investing LLC grew its stake in Datadog, Inc. (NASDAQ:DDOG) by 34.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,129 shares of the company’s stock after buying an additional 1,051 shares during the period. Inspire Investing LLC’s holdings in Datadog were worth $555,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. OVERSEA CHINESE BANKING Corp Ltd increased its position in Datadog by 887.0% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company’s stock valued at $25,000 after purchasing an additional 22,646 shares during the period. Cornerstone Planning Group LLC increased its position in Datadog by 96.9% during the 1st quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock valued at $30,000 after purchasing an additional 154 shares during the period. Costello Asset Management INC acquired a new stake in shares of Datadog during the first quarter worth $30,000. Opal Wealth Advisors LLC acquired a new stake in shares of Datadog during the first quarter worth $37,000. Finally, Center for Financial Planning Inc. increased its position in shares of Datadog by 1,189.7% during the first quarter. Center for Financial Planning Inc. now owns 374 shares of the company’s stock worth $37,000 after buying an additional 345 shares during the period. Institutional investors and hedge funds own 78.29% of the company’s stock.

Insider Activity

In related news, CTO Alexis Le-Quoc sold 55,352 shares of Datadog 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 owned 438,885 shares of the company’s stock, valued at $58,735,979.55. The trade was a 11.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 value of $10,551,213.78. Following the transaction, 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 three months, insiders sold 1,482,907 shares of company stock valued at $201,395,584. 8.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on DDOG. Guggenheim reiterated a “sell” rating and set a $105.00 price objective on shares of Datadog in a research report on Tuesday, July 8th. Jefferies Financial Group increased their price target on Datadog from $135.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, August 4th. DA Davidson raised their target price on Datadog from $170.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, October 3rd. Morgan Stanley raised their target price on Datadog from $115.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 10th. 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 research report on Thursday, August 7th. Twenty-four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently 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 company has a debt-to-equity ratio of 0.31, a quick ratio of 3.43 and a current ratio of 3.43. Datadog, Inc. has a 52 week low of $81.63 and a 52 week high of $170.08. The stock has a 50 day moving average price of $138.06 and a two-hundred day moving average price of $125.48. The stock has a market capitalization of $55.36 billion, a PE ratio of 453.56, a price-to-earnings-growth ratio of 62.11 and a beta of 1.21.

Datadog (NASDAQ:DDOG) last announced 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. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The firm had revenue of $826.76 million during the quarter, compared to analysts’ expectations of $791.72 million. During the same quarter last year, the firm posted $0.43 earnings per share. The company’s revenue for the quarter was up 28.1% compared to the same quarter last year. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. As a group, equities analysts anticipate that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

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.