10,500 Shares in Datadog, Inc. $DDOG Bought by Monetta Financial Services Inc.

Monetta Financial Services Inc. bought a new position in shares of Datadog, Inc. (NASDAQ:DDOG) in the second quarter, HoldingsChannel.com reports. The firm bought 10,500 shares of the company’s stock, valued at approximately $2,734,000. Datadog comprises about 1.9% of Monetta Financial Services Inc.’s portfolio, making the stock its 14th largest position.

A number of other hedge funds also recently bought and sold shares of the company. JPL Wealth Management LLC bought a new position in shares of Datadog in the third quarter worth about $27,000. NBC Securities Inc. lifted its position in shares of Datadog by 242.6% during the 4th 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. Rothschild Investment LLC boosted its stake in Datadog by 52.5% during the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after purchasing an additional 94 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Datadog by 341.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock valued at $38,000 after purchasing an additional 246 shares during the period. Finally, Morse Asset Management Inc acquired a new stake in Datadog in the 4th quarter valued at approximately $44,000. 78.29% of the stock is currently owned by institutional investors.

Datadog Price Performance

Shares of DDOG stock opened at $233.52 on Thursday. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $292.72. The company has a market capitalization of $83.85 billion, a P/E ratio of 476.58, a P/E/G ratio of 24.14 and a beta of 1.54. The stock has a 50 day moving average of $249.72 and a two-hundred day moving average of $184.87. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.Datadog’s quarterly revenue was up 35.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. As a group, equities analysts expect that Datadog, Inc. will post 0.7 EPS for the current year.

Analyst Upgrades and Downgrades

DDOG has been the topic of several recent analyst reports. Truist Financial raised Datadog from a “hold” rating to a “buy” rating and lifted their price target for the stock from $190.00 to $300.00 in a research report on Monday, June 15th. Weiss Ratings upgraded shares of Datadog from a “sell (d+)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. New Street Research set a $260.00 target price on shares of Datadog in a research report on Thursday, June 11th. Monness Crespi & Hardt boosted their target price on shares of Datadog from $255.00 to $270.00 in a research report on Thursday, May 7th. Finally, Sanford C. Bernstein cut shares of Datadog from an “outperform” rating to a “market perform” rating and upped their target price for the company from $180.00 to $226.00 in a research note on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Datadog presently has an average rating of “Moderate Buy” and an average target price of $276.32.

Insider Activity

In other Datadog news, CEO Olivier Pomel sold 127,141 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $286.71, for a total value of $36,452,596.11. Following the sale, the chief executive officer owned 612,747 shares of the company’s stock, valued at $175,680,692.37. The trade was a 17.18% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Matthew Jacobson sold 19,512 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $256.25, for a total transaction of $4,999,950.00. Following the completion of the transaction, the director owned 524,708 shares of the company’s stock, valued at approximately $134,456,425. This represents a 3.59% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,465,134 shares of company stock valued at $363,421,509. 6.48% of the stock is owned by insiders.

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.