Datadog, Inc. $DDOG Shares Bought by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC grew its stake in Datadog, Inc. (NASDAQ:DDOG) by 40.8% during the first quarter, HoldingsChannel.com reports. The firm owned 14,464 shares of the company’s stock after purchasing an additional 4,194 shares during the period. Kestra Private Wealth Services LLC’s holdings in Datadog were worth $1,707,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. JPL Wealth Management LLC acquired a new stake in Datadog during the third quarter valued at approximately $27,000. CoreCap Advisors LLC increased its holdings in shares of Datadog by 1,461.5% in the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after acquiring an additional 190 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Datadog during the 4th quarter valued at approximately $31,000. NBC Securities Inc. lifted its stake in Datadog by 242.6% during the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after purchasing an additional 165 shares during the last quarter. Finally, Rothschild Investment LLC boosted its holdings in Datadog by 52.5% in the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after purchasing an additional 94 shares during the period. Institutional investors own 78.29% of the company’s stock.

Datadog Trading Up 3.7%

Shares of DDOG stock opened at $248.66 on Tuesday. The stock has a 50-day simple moving average of $203.11 and a 200 day simple moving average of $152.89. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The stock has a market capitalization of $88.51 billion, a P/E ratio of 654.39, a P/E/G ratio of 24.38 and a beta of 1.56. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25.

Datadog (NASDAQ:DDOG) last announced its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.Datadog’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, sell-side analysts expect that Datadog, Inc. will post 0.64 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

DDOG has been the topic of a number of research reports. BTIG Research reissued a “buy” rating and set a $255.00 target price on shares of Datadog in a report on Thursday, June 11th. Rothschild & Co Redburn initiated coverage on shares of Datadog in a research note on Thursday, April 23rd. They set a “buy” rating and a $170.00 price objective on the stock. Cantor Fitzgerald restated an “overweight” rating and issued a $226.00 target price on shares of Datadog in a research note on Thursday, June 11th. Wall Street Zen raised Datadog from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Finally, Guggenheim upped their target price on Datadog from $175.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $242.09.

Insider Buying and Selling

In related news, CEO Olivier Pomel sold 84,698 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $232.30, for a total transaction of $19,675,345.40. Following the completion of the sale, the chief executive officer directly owned 612,747 shares in the company, valued at approximately $142,341,128.10. This trade represents a 12.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Kerry Acocella sold 5,371 shares of Datadog stock in a transaction on Monday, June 15th. The shares were sold at an average price of $233.91, for a total transaction of $1,256,330.61. Following the sale, the general counsel directly owned 127,866 shares of the company’s stock, valued at $29,909,136.06. This trade represents a 4.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 1,475,364 shares of company stock valued at $310,744,330. 6.48% of the stock is currently owned by company insiders.

Datadog Company Profile

Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company’s product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.