Toth Financial Advisory Corp Acquires 4,946 Shares of Datadog, Inc. $DDOG

Toth Financial Advisory Corp acquired a new stake in shares of Datadog, Inc. (NASDAQ:DDOG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,946 shares of the company’s stock, valued at approximately $1,354,000.

Several other hedge funds also recently bought and sold shares of DDOG. Whalen Wealth Management Inc. acquired a new position in Datadog in the third quarter worth approximately $1,792,000. Elevation Wealth Partners LLC grew its position in Datadog by 2,054.2% in the third quarter. Elevation Wealth Partners LLC now owns 3,619 shares of the company’s stock worth $991,000 after acquiring an additional 3,451 shares in the last quarter. Retirement Wealth Solutions LLC increased its stake in shares of Datadog by 233.3% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 200 shares of the company’s stock worth $55,000 after purchasing an additional 140 shares during the last quarter. Cooper Financial Group increased its stake in shares of Datadog by 188.1% during the 3rd quarter. Cooper Financial Group now owns 20,934 shares of the company’s stock worth $5,733,000 after purchasing an additional 13,669 shares during the last quarter. Finally, Wealth Enhancement Trust Services Inc. raised its holdings in shares of Datadog by 544.7% during the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 245 shares of the company’s stock valued at $67,000 after purchasing an additional 207 shares in the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DDOG has been the subject of a number of recent research reports. Truist Financial upgraded shares of Datadog from a “hold” rating to a “buy” rating and upped their price objective for the stock from $190.00 to $300.00 in a report on Monday, June 15th. Barclays raised their target price on Datadog from $260.00 to $290.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Guggenheim increased their price objective on Datadog from $225.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. The Goldman Sachs Group restated a “sell” rating and issued a $158.00 target price on shares of Datadog in a report on Friday, August 7th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $280.00 price target on shares of Datadog in a report on Thursday, July 16th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $277.73.

Datadog Stock Performance

NASDAQ:DDOG traded up $1.06 during trading hours on Thursday, hitting $272.40. 963,943 shares of the company traded hands, compared to its average volume of 5,210,956. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. The firm has a 50-day moving average of $245.16 and a 200 day moving average of $214.50. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $292.72. The stock has a market capitalization of $97.81 billion, a price-to-earnings ratio of 555.89, a P/E/G ratio of 27.15 and a beta of 1.51.

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

Insider Buying and Selling at Datadog

In other news, General Counsel Kerry Acocella sold 5,280 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $228.85, for a total value of $1,208,328.00. Following the completion of the transaction, the general counsel directly owned 115,243 shares of the company’s stock, valued at approximately $26,373,360.55. This represents a 4.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Obstler sold 10,000 shares of the company’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of $241.25, for a total value of $2,412,500.00. Following the completion of the sale, the chief financial officer owned 368,067 shares in the company, valued at $88,796,163.75. This trade represents a 2.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 938,076 shares of company stock worth $226,690,473 in the last 90 days. 6.48% of the stock is currently owned by insiders.

Datadog Profile

Datadog, Inc is a software company that provides a cloud-based monitoring, observability and security platform. Its services help organizations collect, analyze and visualize data from applications, infrastructure, networks, databases and other technology environments, enabling them to identify performance issues, manage incidents and improve digital services.

The company’s product offerings include infrastructure monitoring, application performance monitoring, log management, database and network monitoring, real user and synthetic experience monitoring, cloud security, software supply chain security, incident management and workflow automation.