Union Square Park Capital Management LLC Has $1.77 Million Stake in Datadog, Inc. $DDOG

Union Square Park Capital Management LLC raised its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 100.0% during the first quarter, HoldingsChannel.com reports. The fund owned 15,000 shares of the company’s stock after buying an additional 7,500 shares during the quarter. Datadog accounts for about 1.0% of Union Square Park Capital Management LLC’s holdings, making the stock its 22nd biggest position. Union Square Park Capital Management LLC’s holdings in Datadog were worth $1,771,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of DDOG. JPL Wealth Management LLC acquired a new position in shares of Datadog in the 3rd quarter valued at about $27,000. CoreCap Advisors LLC grew its stake in Datadog by 1,461.5% during the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after purchasing an additional 190 shares during the period. Flagship Harbor Advisors LLC bought a new stake in Datadog in the fourth quarter worth approximately $31,000. NBC Securities Inc. increased its holdings in Datadog by 242.6% in the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after purchasing an additional 165 shares in the last quarter. Finally, Rothschild Investment LLC lifted its stake in Datadog by 52.5% in the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after buying an additional 94 shares during the period. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Robert W. Baird set a $210.00 price objective on shares of Datadog in a research report on Friday, May 8th. BMO Capital Markets reissued an “outperform” rating and set a $260.00 target price on shares of Datadog in a research note on Friday, June 12th. Benchmark raised their price target on shares of Datadog from $260.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Raymond James Financial upped their price objective on shares of Datadog from $170.00 to $220.00 in a report on Thursday, May 7th. Finally, Wells Fargo & Company raised their target price on Datadog from $230.00 to $295.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Datadog has an average rating of “Moderate Buy” and an average target price of $261.68.

Datadog Stock Up 1.0%

DDOG stock opened at $246.86 on Friday. The firm has a market capitalization of $87.87 billion, a PE ratio of 649.65, a P/E/G ratio of 25.10 and a beta of 1.54. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $278.70. The stock’s 50 day moving average is $241.40 and its 200-day moving average is $168.56.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.Datadog’s revenue was up 32.1% 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 FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Sell-side analysts expect that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Insider Activity

In other news, Director Dev Ittycheria sold 120,000 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $248.78, for a total value of $29,853,600.00. Following the completion of the sale, the director owned 39,235 shares in the company, valued at $9,760,883.30. This represents a 75.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Michael James Callahan sold 112,500 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $231.60, for a total transaction of $26,055,000.00. Following the completion of the sale, the director directly owned 14,996 shares of the company’s stock, valued at $3,473,073.60. The trade was a 88.24% 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. Over the last ninety days, insiders sold 1,396,309 shares of company stock worth $317,712,002. Company 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.