14,895 Datadog, Inc. $DDOG Shares Purchased by Loftus Peak Pty Ltd

Loftus Peak Pty Ltd boosted its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 23.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 78,368 shares of the company’s stock after acquiring an additional 14,895 shares during the quarter. Datadog comprises 2.5% of Loftus Peak Pty Ltd’s investment portfolio, making the stock its 14th biggest holding. Loftus Peak Pty Ltd’s holdings in Datadog were worth $21,461,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of DDOG. Triangle Securities Wealth Management raised its stake in shares of Datadog by 757.8% during the third quarter. Triangle Securities Wealth Management now owns 22,690 shares of the company’s stock worth $6,214,000 after purchasing an additional 20,045 shares during the last quarter. Mather Group LLC. lifted its holdings in shares of Datadog by 9,929.7% during the third quarter. Mather Group LLC. now owns 63,187 shares of the company’s stock worth $17,304,000 after purchasing an additional 62,557 shares during the period. First Pacific Financial lifted its holdings in shares of Datadog by 9,533.3% during the third quarter. First Pacific Financial now owns 289 shares of the company’s stock worth $79,000 after purchasing an additional 286 shares during the period. Fortitude Family Office LLC grew its position in Datadog by 142.3% in the 3rd quarter. Fortitude Family Office LLC now owns 584 shares of the company’s stock valued at $160,000 after buying an additional 343 shares during the last quarter. Finally, Western Financial Corp CA purchased a new position in Datadog in the 3rd quarter valued at $2,967,000. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Datadog

In other Datadog news, General Counsel Kerry Acocella sold 5,280 shares of the business’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $228.85, for a total transaction of $1,208,328.00. Following the sale, the general counsel directly owned 115,243 shares in the company, valued at approximately $26,373,360.55. The trade was a 4.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Obstler sold 10,000 shares of the company’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of $241.25, for a total value of $2,412,500.00. Following the completion of the sale, the chief financial officer directly owned 368,067 shares in the company, valued at $88,796,163.75. This trade represents a 2.65% 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. Insiders sold 991,988 shares of company stock valued at $241,440,796 in the last 90 days. 6.48% of the stock is owned by corporate insiders.

Datadog Price Performance

Shares of NASDAQ:DDOG opened at $269.33 on Thursday. The firm has a market capitalization of $96.71 billion, a price-to-earnings ratio of 549.66, a price-to-earnings-growth ratio of 27.65 and a beta of 1.51. 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 business’s 50 day simple moving average is $245.68 and its 200-day simple moving average is $220.01. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $300.68.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $1.08 billion. During the same period last year, the business posted $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, equities analysts forecast that Datadog, Inc. will post 0.70 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DDOG has been the topic of several recent research reports. Guggenheim boosted their price objective on shares of Datadog from $225.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Weiss Ratings upgraded shares of Datadog from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Robert W. Baird set a $300.00 target price on shares of Datadog in a research note on Friday, August 7th. Mizuho raised their target price on shares of Datadog from $220.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. Finally, Wedbush started coverage on shares of Datadog in a report on Friday, September 11th. They issued an “outperform” rating and a $275.00 target price on the stock. Three research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $280.51.

Datadog Profile

Datadog, Inc is a software company that provides a cloud-based monitoring, observability and security platform. Its services help organizations collect, analyze and visualize data from applications, infrastructure, networks, databases and other technology environments, enabling them to identify performance issues, manage incidents and improve digital services.

The company’s product offerings include infrastructure monitoring, application performance monitoring, log management, database and network monitoring, real user and synthetic experience monitoring, cloud security, software supply chain security, incident management and workflow automation.