Datadog, Inc. $DDOG Position Boosted by Aberdeen Group plc

Aberdeen Group plc increased its holdings in Datadog, Inc. (NASDAQ:DDOG) by 5.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 142,387 shares of the company’s stock after purchasing an additional 7,837 shares during the quarter. Aberdeen Group plc’s holdings in Datadog were worth $19,127,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Datadog by 3.5% in the 1st quarter. Vanguard Group Inc. now owns 31,413,032 shares of the company’s stock worth $3,116,487,000 after buying an additional 1,058,803 shares in the last quarter. Baillie Gifford & Co. boosted its stake in Datadog by 12.6% during the 1st quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company’s stock valued at $1,217,769,000 after purchasing an additional 1,369,522 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Datadog by 259.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company’s stock valued at $858,994,000 after purchasing an additional 6,250,942 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Datadog by 23.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,729,254 shares of the company’s stock valued at $667,611,000 after purchasing an additional 1,261,065 shares in the last quarter. Finally, Brown Advisory Inc. boosted its stake in Datadog by 76.5% during the 1st quarter. Brown Advisory Inc. now owns 4,853,012 shares of the company’s stock valued at $481,467,000 after purchasing an additional 2,103,838 shares in the last quarter. 78.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on DDOG shares. Morgan Stanley increased their price target on Datadog from $115.00 to $165.00 and gave the company an “equal weight” rating in a research note on Thursday, July 10th. Jefferies Financial Group increased their price target on Datadog from $135.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, August 4th. Scotiabank reaffirmed an “outperform” rating on shares of Datadog in a research note on Friday, August 8th. Bank of America increased their price target on Datadog from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, July 7th. Finally, DA Davidson increased their price target on Datadog from $170.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Twenty-four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $158.46.

Insiders Place Their Bets

In other news, Director Amit Agarwal sold 45,444 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $150.08, for a total value of $6,820,235.52. Following the completion of the sale, the director owned 1,640 shares in the company, valued at $246,131.20. This represents a 96.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Alexis Le-Quoc sold 41,468 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $150.94, for a total value of $6,259,179.92. Following the completion of the sale, the chief technology officer owned 438,885 shares of the company’s stock, valued at $66,245,301.90. The trade was a 8.63% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,474,983 shares of company stock worth $200,279,885 over the last three months. Company insiders own 8.70% of the company’s stock.

Datadog Stock Performance

DDOG opened at $164.20 on Tuesday. The firm has a market cap of $57.26 billion, a PE ratio of 469.16, a P/E/G ratio of 62.11 and a beta of 1.21. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.31. The business has a fifty day simple moving average of $138.56 and a 200-day simple moving average of $125.92. Datadog, Inc. has a fifty-two week low of $81.63 and a fifty-two week high of $170.08.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.05. The business had revenue of $826.76 million during the quarter, compared to analyst estimates of $791.72 million. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The company’s revenue was up 28.1% compared to the same quarter last year. During the same period last year, the company posted $0.43 EPS. 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.

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.