KG&L Capital Management LLC Raises Holdings in Datadog, Inc. $DDOG

KG&L Capital Management LLC raised its stake in Datadog, Inc. (NASDAQ:DDOG) by 6.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,643 shares of the company’s stock after buying an additional 222 shares during the quarter. KG&L Capital Management LLC’s holdings in Datadog were worth $489,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Signaturefd LLC grew its holdings in Datadog by 27.0% in the 2nd quarter. Signaturefd LLC now owns 2,705 shares of the company’s stock valued at $363,000 after buying an additional 575 shares in the last quarter. Dakota Wealth Management grew its holdings in Datadog by 55.9% in the 2nd quarter. Dakota Wealth Management now owns 6,518 shares of the company’s stock valued at $876,000 after buying an additional 2,336 shares in the last quarter. LeConte Wealth Management LLC purchased a new stake in Datadog in the 2nd quarter valued at $346,000. Palumbo Wealth Management LLC purchased a new stake in Datadog in the 2nd quarter valued at $231,000. Finally, TD Private Client Wealth LLC grew its holdings in Datadog by 42.0% in the 2nd quarter. TD Private Client Wealth LLC now owns 9,458 shares of the company’s stock valued at $1,270,000 after buying an additional 2,798 shares in the last quarter. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DDOG has been the subject of several analyst reports. Canaccord Genuity Group upped their target price on Datadog from $145.00 to $160.00 and gave the company a “buy” rating in a report on Friday, August 8th. DA Davidson set a $160.00 price target on Datadog and gave the company a “buy” rating in a research report on Tuesday, August 5th. Mizuho increased their price objective on Datadog from $145.00 to $155.00 and gave the company an “outperform” rating in a report on Friday, August 8th. Wedbush reaffirmed an “outperform” rating and set a $140.00 price target on shares of Datadog in a research report on Wednesday, June 11th. Finally, Cantor Fitzgerald lifted their price target on Datadog from $171.00 to $179.00 and gave the stock an “overweight” rating in a research report on Thursday, August 7th. Twenty-four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $153.10.

Datadog Price Performance

DDOG stock opened at $139.07 on Friday. The stock has a 50-day moving average price of $136.33 and a two-hundred day moving average price of $121.91. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $170.08. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31. The company has a market cap of $48.50 billion, a PE ratio of 397.35, a price-to-earnings-growth ratio of 55.06 and a beta of 1.10.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.05. The company 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 firm’s quarterly revenue was up 28.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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, research analysts predict that Datadog, Inc. will post 0.34 EPS for the current year.

Insider Activity

In related news, CEO Olivier Pomel sold 11,195 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $137.94, for a total value of $1,544,238.30. Following the completion of the transaction, the chief executive officer directly owned 533,358 shares of the company’s stock, valued at $73,571,402.52. This represents a 2.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Shardul Shah sold 7,916 shares of the 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 transaction, the director directly owned 372,365 shares of the company’s stock, valued at approximately $51,304,449.70. The trade was a 2.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,337,175 shares of company stock valued at $176,025,977 over the last three months. Company insiders own 8.70% of the company’s stock.

Datadog Company 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.