1,318,020 Shares in Datadog, Inc. $DDOG Acquired by Kingstone Capital Partners Texas LLC

Kingstone Capital Partners Texas LLC acquired a new position in Datadog, Inc. (NASDAQ:DDOG) in the 2nd quarter, Holdings Channel reports. The firm acquired 1,318,020 shares of the company’s stock, valued at approximately $177,050,000.

Several other hedge funds also recently added to or reduced their stakes in DDOG. Brighton Jones LLC purchased a new position in Datadog in the fourth quarter worth approximately $209,000. Bison Wealth LLC acquired a new position in Datadog during the fourth quarter worth $228,000. Vise Technologies Inc. acquired a new position in Datadog during the fourth quarter worth $263,000. GTS Securities LLC lifted its stake in Datadog by 12.6% during the fourth quarter. GTS Securities LLC now owns 1,598 shares of the company’s stock worth $228,000 after purchasing an additional 179 shares in the last quarter. Finally, GF Fund Management CO. LTD. acquired a new position in Datadog during the fourth quarter worth $8,482,000. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Datadog news, Director Amit Agarwal sold 10,094 shares of the firm’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $134.36, for a total value of $1,356,229.84. Following the sale, the director directly owned 1,640 shares in the company, valued at $220,350.40. This trade represents a 86.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Shardul Shah sold 7,916 shares of the firm’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $137.78, for a total value of $1,090,666.48. Following the completion of the sale, the director owned 372,365 shares in the company, valued at approximately $51,304,449.70. This represents a 2.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,449,792 shares of company stock valued at $190,786,777. 8.70% of the stock is owned by company insiders.

Datadog Stock Up 1.5%

Shares of NASDAQ DDOG opened at $138.82 on Friday. The stock has a market cap of $48.41 billion, a P/E ratio of 396.64, a PEG ratio of 54.16 and a beta of 1.10. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $170.08. The business’s fifty day simple moving average is $136.70 and its 200-day simple moving average is $120.75.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.05. The business had revenue of $826.76 million for the quarter, compared to analysts’ expectations of $791.72 million. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The company’s revenue for the quarter was up 28.1% compared to the same quarter last year. During the same period last year, the firm earned $0.43 earnings per share. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. As a group, equities analysts predict that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have commented on DDOG. Sanford C. Bernstein restated an “outperform” rating on shares of Datadog in a research note on Friday, August 8th. Wolfe Research upgraded Datadog from a “peer perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a research note on Thursday, June 12th. Guggenheim restated a “sell” rating and set a $105.00 price target on shares of Datadog in a research note on Tuesday, July 8th. Scotiabank restated an “outperform” rating on shares of Datadog in a research note on Friday, August 8th. Finally, Cantor Fitzgerald upped their price target on Datadog from $171.00 to $179.00 and gave the stock an “overweight” rating in a research note on Thursday, August 7th. Twenty-four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Datadog currently has an average rating of “Moderate Buy” and a consensus price target of $153.10.

Datadog Profile

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.