FirstWave Capital Management LLC Invests $2.08 Million in Datadog, Inc. $DDOG

FirstWave Capital Management LLC bought a new stake in Datadog, Inc. (NASDAQ:DDOG) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,985 shares of the company’s stock, valued at approximately $2,079,000.

Several other hedge funds have also recently bought and sold shares of DDOG. JPL Wealth Management LLC purchased a new position in shares of Datadog during the 3rd quarter valued at $27,000. EMC Capital Management acquired a new stake in shares of Datadog in the 2nd quarter valued at $28,000. Rothschild Investment LLC increased its position in Datadog by 52.5% during the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after buying an additional 94 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Datadog by 341.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock valued at $38,000 after acquiring an additional 246 shares in the last quarter. Finally, Elevation Wealth Partners LLC lifted its stake in shares of Datadog by 2,700.0% in the second quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock worth $44,000 after buying an additional 162 shares during the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

Datadog Stock Performance

Shares of DDOG stock opened at $212.93 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. The company has a fifty day moving average price of $249.65 and a two-hundred day moving average price of $193.28. The stock has a market cap of $76.46 billion, a P/E ratio of 434.56, a P/E/G ratio of 21.03 and a beta of 1.49. Datadog, Inc. has a one year low of $98.01 and a one year high of $292.72.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $1.08 billion. During the same quarter in the previous year, the business earned $0.46 earnings per share. The business’s 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. As a group, equities analysts predict that Datadog, Inc. will post 0.7 EPS for the current year.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Strong Snowflake results supported the software sector. Snowflake’s better-than-expected earnings and outlook renewed optimism about enterprise spending on data infrastructure, artificial intelligence and observability tools—markets that could benefit Datadog. Snowflake earnings and Datadog article
• Positive Sentiment: Datadog’s latest operating results remain strong. The company most recently reported quarterly EPS of $0.65 versus the $0.58 consensus estimate, while revenue reached $1.12 billion, up 35.6% year over year and above expectations. Management issued third-quarter 2026 EPS guidance of $0.63–$0.65 and full-year guidance of $2.50–$2.54. Datadog stock and earnings information
• Neutral Sentiment: Analyst sentiment remains favorable, but expectations are high. Datadog carries a consensus “Moderate Buy” rating and an average analyst price target of $276.32, although the stock’s very high earnings multiple leaves it sensitive to changes in growth expectations and interest rates.
• Negative Sentiment: Multiple executives reported stock sales. On September 2, the CEO, CFO, CTO, COO, CRO and general counsel collectively sold roughly $23.5 million of shares. Each filing stated that the sales were made to cover tax-withholding obligations related to vested equity awards, reducing the likelihood that they represent a direct negative view of Datadog’s prospects. Datadog CEO insider sale filing
• Negative Sentiment: Additional CTO selling adds an overhang. Alexis Le-Quoc sold 53,912 shares for approximately $12.2 million on September 1 under a pre-arranged Rule 10b5-1 plan. The scheduled nature of the transaction makes it less informative, but the scale of the sale may still pressure sentiment. Datadog CTO insider sale filing

Insiders Place Their Bets

In other Datadog news, CEO Olivier Pomel sold 26,331 shares of Datadog stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $212.90, for a total transaction of $5,605,869.90. Following the completion of the transaction, the chief executive officer directly owned 586,416 shares of the company’s stock, valued at $124,847,966.40. The trade was a 4.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Alexis Le-Quoc sold 21,772 shares of the company’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $212.90, for a total transaction of $4,635,258.80. Following the completion of the transaction, the chief technology officer owned 488,033 shares in the company, valued at approximately $103,902,225.70. This represents a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 1,316,730 shares of company stock worth $318,791,080 in the last quarter. Company insiders own 6.48% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on DDOG. Truist Financial raised Datadog from a “hold” rating to a “buy” rating and raised their target price for the company from $190.00 to $300.00 in a report on Monday, June 15th. The Goldman Sachs Group reissued a “sell” rating and issued a $158.00 price target on shares of Datadog in a report on Friday, August 7th. Zacks Research lowered shares of Datadog from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. Jefferies Financial Group set a $260.00 target price on shares of Datadog in a research report on Thursday, August 6th. Finally, BMO Capital Markets set a $300.00 target price on shares of Datadog in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $276.32.

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.