Datadog, Inc. $DDOG Stock Holdings Lowered by Inspire Investing LLC

Inspire Investing LLC lessened its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 22.4% during the third quarter, HoldingsChannel reports. The firm owned 16,527 shares of the company’s stock after selling 4,769 shares during the period. Inspire Investing LLC’s holdings in Datadog were worth $4,526,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of DDOG. EMC Capital Management purchased a new stake in shares of Datadog during the 2nd quarter valued at about $28,000. Cornerstone Financial Management LLC lifted its position in Datadog by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 127 shares of the company’s stock worth $33,000 after acquiring an additional 45 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Datadog by 341.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock worth $38,000 after acquiring an additional 246 shares during the period. Elevation Wealth Partners LLC boosted its holdings in Datadog by 2,700.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock worth $44,000 after acquiring an additional 162 shares during the period. Finally, Armstrong Advisory Group Inc. purchased a new position in Datadog in the 3rd quarter worth approximately $46,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on DDOG shares. Weiss Ratings raised shares of Datadog from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Yorkville Ives initiated coverage on shares of Datadog in a research report on Monday, October 5th. They set an “outperform” rating and a $335.00 target price on the stock. Wells Fargo & Company boosted their target price on shares of Datadog from $230.00 to $295.00 and gave the stock an “overweight” rating in a research report on Monday, July 20th. Canadian Imperial Bank of Commerce upped their target price on shares of Datadog from $280.00 to $315.00 and gave the company an “outperform” rating in a research note on Friday, October 9th. Finally, KeyCorp raised their price target on shares of Datadog from $225.00 to $320.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Three research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $285.04.

Datadog Trading Up 4.6%

NASDAQ:DDOG opened at $269.65 on Friday. The stock has a market cap of $96.83 billion, a price-to-earnings ratio of 550.32, a price-to-earnings-growth ratio of 25.15 and a beta of 1.51. Datadog, Inc. has a one year low of $98.01 and a one year high of $300.68. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. The business’s 50-day simple moving average is $247.90 and its 200 day simple moving average is $226.32.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter last year, the firm earned $0.46 EPS. Datadog’s quarterly revenue was up 35.6% on a year-over-year basis. 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, sell-side analysts predict that Datadog, Inc. will post 0.70 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Olivier Pomel sold 127,141 shares of the firm’s stock in a transaction that occurred 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 owned 612,747 shares of the company’s stock, valued at approximately $175,680,692.37. This trade represents a 17.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Obstler sold 40,000 shares of Datadog stock in a transaction on Monday, September 14th. The stock was sold at an average price of $227.47, for a total transaction of $9,098,800.00. Following the completion of the sale, the chief financial officer owned 378,067 shares of the company’s stock, valued at approximately $85,998,900.49. This trade represents a 9.57% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 881,710 shares of company stock valued at $213,560,746. 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.