Asset Management One Co. Ltd. Raises Stock Position in Datadog, Inc. $DDOG

Asset Management One Co. Ltd. increased its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 5.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,560 shares of the company’s stock after purchasing an additional 6,320 shares during the period. Asset Management One Co. Ltd.’s holdings in Datadog were worth $15,523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of Datadog by 887.0% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 25,199 shares of the company’s stock worth $25,000 after purchasing an additional 22,646 shares during the last quarter. Cornerstone Planning Group LLC raised its holdings in shares of Datadog by 96.9% during the first quarter. Cornerstone Planning Group LLC now owns 313 shares of the company’s stock worth $30,000 after purchasing an additional 154 shares during the last quarter. Costello Asset Management INC purchased a new position in shares of Datadog during the first quarter worth $30,000. Interchange Capital Partners LLC acquired a new stake in Datadog during the second quarter valued at $42,000. Finally, Ameritas Advisory Services LLC acquired a new stake in Datadog during the second quarter valued at $55,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Insider Activity

In related news, Director Amit Agarwal sold 45,444 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $150.08, for a total transaction of $6,820,235.52. Following the completion of the sale, the director owned 1,640 shares of the company’s stock, valued at approximately $246,131.20. This represents a 96.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Matthew Jacobson sold 575,863 shares of the company’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $126.96, for a total transaction of $73,111,566.48. Following the sale, the director directly owned 219,831 shares of the company’s stock, valued at approximately $27,909,743.76. This represents a 72.37% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,491,232 shares of company stock valued at $202,944,249 in the last ninety days. 8.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

DDOG has been the topic of several analyst reports. Bank of America raised their price target on shares of Datadog from $150.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, July 7th. Needham & Company LLC restated a “buy” rating and set a $175.00 price target on shares of Datadog in a research report on Thursday, August 14th. Cantor Fitzgerald raised their price target on shares of Datadog from $171.00 to $179.00 and gave the company an “overweight” rating in a research report on Thursday, August 7th. Scotiabank restated an “outperform” rating on shares of Datadog in a research report on Friday, August 8th. Finally, Canaccord Genuity Group raised their price target on shares of Datadog from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Twenty-six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $163.97.

Datadog Stock Down 0.1%

Shares of NASDAQ DDOG opened at $156.47 on Monday. The company’s 50-day simple moving average is $143.14 and its 200-day simple moving average is $129.84. Datadog, Inc. has a 52-week low of $81.63 and a 52-week high of $170.08. The firm has a market cap of $54.57 billion, a price-to-earnings ratio of 447.07, a price-to-earnings-growth ratio of 61.22 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.

Datadog (NASDAQ:DDOG) last announced its earnings results 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. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The business had revenue of $826.76 million for the quarter, compared to analyst estimates of $791.72 million. During the same quarter last year, the business earned $0.43 earnings per share. The company’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 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.