Sequoia Financial Advisors LLC Purchases 3,156 Shares of Datadog, Inc. $DDOG

Sequoia Financial Advisors LLC increased its holdings in Datadog, Inc. (NASDAQ:DDOG) by 52.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,210 shares of the company’s stock after buying an additional 3,156 shares during the period. Sequoia Financial Advisors LLC’s holdings in Datadog were worth $1,087,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DDOG. Money Concepts Capital Corp boosted its holdings in shares of Datadog by 8.2% during the 1st quarter. Money Concepts Capital Corp now owns 13,280 shares of the company’s stock valued at $1,568,000 after acquiring an additional 1,009 shares in the last quarter. Resona Asset Management Co. Ltd. raised its position in Datadog by 1.6% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 94,275 shares of the company’s stock worth $11,087,000 after purchasing an additional 1,449 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in Datadog by 0.8% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 37,573 shares of the company’s stock worth $4,435,000 after purchasing an additional 300 shares during the last quarter. Frank Rimerman Advisors LLC acquired a new position in Datadog during the 1st quarter worth about $468,000. Finally, R Squared Ltd acquired a new position in shares of Datadog in the first quarter worth approximately $206,000. 78.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have commented on DDOG shares. Scotiabank upped their price target on shares of Datadog from $225.00 to $275.00 and gave the company an “outperform” rating in a research report on Thursday, June 18th. Weiss Ratings raised shares of Datadog from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday. Evercore lifted their price objective on shares of Datadog from $225.00 to $265.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. Jefferies Financial Group raised shares of Datadog from a “buy” rating to a “buy” rating in a research report on Monday, June 15th. Finally, The Goldman Sachs Group increased their price objective on Datadog from $121.00 to $139.00 and gave the stock a “sell” rating in a research note on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $251.55.

Datadog Stock Performance

NASDAQ DDOG opened at $258.69 on Friday. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $278.70. The company has a 50-day simple moving average of $236.67 and a 200 day simple moving average of $164.54. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The company has a market capitalization of $92.08 billion, a PE ratio of 680.78, a price-to-earnings-growth ratio of 26.67 and a beta of 1.54.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same quarter in the previous year, the firm posted $0.46 earnings per share. The company’s revenue for the quarter was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, research analysts predict that Datadog, Inc. will post 0.64 EPS for the current year.

Insiders Place Their Bets

In other Datadog news, CEO Olivier Pomel sold 127,141 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $199.84, for a total value of $25,407,857.44. Following the completion of the transaction, the chief executive officer owned 835,679 shares of the company’s stock, valued at $167,002,091.36. The trade was a 13.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David M. Obstler sold 75,000 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $231.69, for a total value of $17,376,750.00. Following the transaction, the chief financial officer owned 434,591 shares in the company, valued at $100,690,388.79. This trade represents a 14.72% 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 1,459,533 shares of company stock worth $325,887,030 over the last quarter. Insiders own 6.48% of the company’s stock.

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.