1,097 Shares in Datadog, Inc. $DDOG Acquired by Sentry Investment Management LLC

Sentry Investment Management LLC acquired a new position in Datadog, Inc. (NASDAQ:DDOG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,097 shares of the company’s stock, valued at approximately $160,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Datadog by 3.5% during the first 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 during the period. Baillie Gifford & Co. lifted its holdings in Datadog by 12.6% during the first quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company’s stock worth $1,217,769,000 after buying an additional 1,369,522 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Datadog by 259.7% during the first quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company’s stock worth $858,994,000 after buying an additional 6,250,942 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Datadog by 23.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,729,254 shares of the company’s stock worth $667,611,000 after buying an additional 1,261,065 shares during the period. Finally, Brown Advisory Inc. lifted its holdings in Datadog by 76.5% during the first quarter. Brown Advisory Inc. now owns 4,853,012 shares of the company’s stock worth $481,467,000 after buying an additional 2,103,838 shares during the period. Institutional investors own 78.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on DDOG. Sanford C. Bernstein upped their target price on Datadog from $147.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, October 8th. Weiss Ratings restated a “sell (d+)” rating on shares of Datadog in a report on Wednesday, October 8th. Capital One Financial upped their target price on Datadog from $149.00 to $179.00 in a report on Thursday. Jefferies Financial Group upped their target price on Datadog from $160.00 to $190.00 and gave the stock a “buy” rating in a report on Tuesday, October 14th. Finally, Barclays set a $170.00 price objective on Datadog and gave the company an “overweight” rating in a report on Thursday, August 7th. Twenty-six equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $162.37.

Datadog Stock Performance

Shares of DDOG opened at $152.87 on Monday. Datadog, Inc. has a 12 month low of $81.63 and a 12 month high of $170.08. The stock has a fifty day moving average price of $140.31 and a 200-day moving average price of $127.52. 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 firm has a market cap of $53.31 billion, a PE ratio of 436.78, a P/E/G ratio of 59.81 and a beta of 1.21.

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

Insider Buying and Selling

In related news, CTO Alexis Le-Quoc sold 55,352 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $133.83, for a total value of $7,407,758.16. Following the completion of the transaction, the chief technology officer owned 438,885 shares in the company, valued at $58,735,979.55. This trade represents a 11.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Michael James Callahan sold 91,667 shares of the firm’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $157.60, for a total value of $14,446,719.20. Following the completion of the transaction, the director owned 12,496 shares of the company’s stock, valued at $1,969,369.60. This trade represents a 88.00% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,491,232 shares of company stock worth $202,904,731 over the last three months. Corporate insiders own 8.70% of the company’s stock.

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.