Integrated Wealth Concepts LLC Grows Holdings in Datadog, Inc. $DDOG

Integrated Wealth Concepts LLC lifted its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 1,691.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 186,216 shares of the company’s stock after purchasing an additional 175,821 shares during the period. Integrated Wealth Concepts LLC’s holdings in Datadog were worth $48,483,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. California State Teachers Retirement System grew its holdings in Datadog by 27,002.8% in the second quarter. California State Teachers Retirement System now owns 121,189,509 shares of the company’s stock valued at $31,552,901,000 after purchasing an additional 120,742,361 shares during the period. Price T Rowe Associates Inc. MD grew its stake in Datadog by 7.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock valued at $1,961,496,000 after acquiring an additional 956,993 shares during the period. State Street Corp increased its holdings in Datadog by 106.8% in the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after acquiring an additional 7,091,075 shares in the last quarter. Geode Capital Management LLC raised its position in Datadog by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock worth $1,227,184,000 after acquiring an additional 197,816 shares during the period. Finally, Janus Henderson Group PLC lifted its holdings in Datadog by 22.8% during the first quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock valued at $905,570,000 after purchasing an additional 1,439,082 shares in the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analyst Ratings Changes

DDOG has been the subject of several research analyst reports. Mizuho upped their price target on shares of Datadog from $220.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. Raymond James Financial reissued an “outperform” rating and set a $280.00 target price on shares of Datadog in a report on Thursday, August 6th. Daiwa Securities Group boosted their price target on Datadog from $190.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Royal Bank Of Canada restated an “outperform” rating and issued a $280.00 price objective on shares of Datadog in a report on Thursday, July 16th. Finally, DA Davidson reaffirmed a “buy” rating and set a $315.00 target price on shares of Datadog in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $276.32.

Datadog Stock Performance

Shares of Datadog stock opened at $210.23 on Wednesday. The firm has a market cap of $75.49 billion, a PE ratio of 429.05, a price-to-earnings-growth ratio of 20.85 and a beta of 1.49. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $292.72. The business’s fifty day simple moving average is $247.93 and its 200-day simple moving average is $195.02.

Datadog (NASDAQ:DDOG) last posted its earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The company had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. Datadog’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Equities analysts forecast that Datadog, Inc. will post 0.7 earnings per share for the current year.

Insider Transactions at Datadog

In other Datadog news, CTO Alexis Le-Quoc sold 21,772 shares of the company’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $212.90, for a total transaction of $4,635,258.80. Following the transaction, the chief technology officer directly owned 488,033 shares in the company, valued at $103,902,225.70. This represents a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Julie Richardson sold 5,625 shares of Datadog stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $220.00, for a total value of $1,237,500.00. Following the completion of the sale, the director directly owned 3,178 shares of the company’s stock, valued at $699,160. The trade was a 63.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,132,246 shares of company stock worth $275,773,952 in the last three months. Company insiders own 6.48% of the company’s stock.

Datadog Profile

Datadog, Inc (NASDAQ:DDOG) is a cloud-based software company that provides monitoring, observability, security and analytics tools for modern applications and information technology environments. Its platform helps organizations collect, correlate and analyze data from servers, databases, applications, containers, networks and cloud services in a unified environment.

The company’s products include infrastructure monitoring, application performance monitoring, log management, real user and synthetic monitoring, database monitoring, cloud security, software delivery tools, incident management and cloud cost management.