2,289 Datadog, Inc. $DDOG Shares Sold by Royal Fund Management LLC

Royal Fund Management LLC lowered its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 6.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,729 shares of the company’s stock after selling 2,289 shares during the period. Royal Fund Management LLC’s holdings in Datadog were worth $8,360,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Brookstone Capital Management bought a new stake in shares of Datadog during the third quarter worth about $207,000. SeaCrest Wealth Management LLC acquired a new position in shares of Datadog in the third quarter valued at approximately $380,000. Root Financial Partners LLC bought a new position in Datadog in the 3rd quarter valued at approximately $134,000. SBI Securities Co. Ltd. raised its holdings in Datadog by 5.5% in the 3rd quarter. SBI Securities Co. Ltd. now owns 5,647 shares of the company’s stock valued at $1,546,000 after buying an additional 295 shares during the last quarter. Finally, Reyes Financial Architecture Inc. acquired a new stake in Datadog during the 3rd quarter worth approximately $57,000. Institutional investors own 78.29% of the company’s stock.

Datadog Price Performance

Datadog stock opened at $257.75 on Friday. The stock’s 50 day moving average is $247.62 and its 200 day moving average is $226.02. 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 firm has a market cap of $92.55 billion, a P/E ratio of 447.69, a P/E/G ratio of 26.65 and a beta of 1.51. Datadog, Inc. has a one year low of $98.01 and a one year high of $300.68.

Datadog (NASDAQ:DDOG) last announced its earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating the consensus estimate 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%. The firm’s revenue was up 35.6% on a year-over-year basis. During the same period in the prior 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, research analysts expect that Datadog, Inc. will post 0.70 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on DDOG. DA Davidson reissued a “buy” rating and set a $315.00 target price on shares of Datadog in a report on Friday, August 7th. Royal Bank Of Canada raised their price target on shares of Datadog from $280.00 to $320.00 and gave the company an “outperform” rating in a research note on Monday, October 12th. FBN Securities began coverage on shares of Datadog in a report on Friday, October 2nd. They set an “outperform” rating and a $325.00 price target on the stock. UBS Group cut their price target on shares of Datadog from $315.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $280.00 price objective on shares of Datadog in a research note on Thursday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $285.04.

Insider Activity

In other news, Director Matthew Jacobson sold 39,912 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $250.55, for a total value of $9,999,951.60. Following the transaction, the director owned 544,220 shares in the company, valued at approximately $136,354,321. The trade was a 6.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Olivier Pomel sold 127,141 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $286.71, for a total transaction of $36,452,596.11. Following the completion of the sale, the chief executive officer directly owned 612,747 shares in the company, valued at approximately $175,680,692.37. This represents a 17.18% 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 have sold a total of 881,710 shares of company stock worth $213,560,746 over the last quarter. Company insiders own 6.48% of the company’s stock.

Datadog Company Profile

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.