Readystate Asset Management LP Grows Stock Position in Datadog, Inc. $DDOG

Readystate Asset Management LP boosted its holdings in Datadog, Inc. (NASDAQ:DDOG) by 26.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,463 shares of the company’s stock after acquiring an additional 3,676 shares during the period. Readystate Asset Management LP’s holdings in Datadog were worth $4,547,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DDOG. Brighton Jones LLC purchased a new stake in Datadog in the 4th quarter valued at about $209,000. Bison Wealth LLC acquired a new stake in shares of Datadog during the fourth quarter valued at about $228,000. Empowered Funds LLC raised its stake in shares of Datadog by 7.0% in the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock valued at $1,023,000 after acquiring an additional 672 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of Datadog by 17.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after acquiring an additional 115 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in Datadog in the second quarter valued at approximately $509,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

More Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Strong Snowflake results supported the software sector. Snowflake’s better-than-expected earnings and outlook renewed optimism about enterprise spending on data infrastructure, artificial intelligence and observability tools—markets that could benefit Datadog. Snowflake earnings and Datadog article
• Positive Sentiment: Datadog’s latest operating results remain strong. The company most recently reported quarterly EPS of $0.65 versus the $0.58 consensus estimate, while revenue reached $1.12 billion, up 35.6% year over year and above expectations. Management issued third-quarter 2026 EPS guidance of $0.63–$0.65 and full-year guidance of $2.50–$2.54. Datadog stock and earnings information
• Neutral Sentiment: Analyst sentiment remains favorable, but expectations are high. Datadog carries a consensus “Moderate Buy” rating and an average analyst price target of $276.32, although the stock’s very high earnings multiple leaves it sensitive to changes in growth expectations and interest rates.
• Negative Sentiment: Multiple executives reported stock sales. On September 2, the CEO, CFO, CTO, COO, CRO and general counsel collectively sold roughly $23.5 million of shares. Each filing stated that the sales were made to cover tax-withholding obligations related to vested equity awards, reducing the likelihood that they represent a direct negative view of Datadog’s prospects. Datadog CEO insider sale filing
• Negative Sentiment: Additional CTO selling adds an overhang. Alexis Le-Quoc sold 53,912 shares for approximately $12.2 million on September 1 under a pre-arranged Rule 10b5-1 plan. The scheduled nature of the transaction makes it less informative, but the scale of the sale may still pressure sentiment. Datadog CTO insider sale filing

Datadog Price Performance

Datadog stock opened at $212.93 on Monday. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. The company has a fifty day simple moving average of $249.65 and a 200-day simple moving average of $193.76. The stock has a market cap of $76.46 billion, a P/E ratio of 434.56, a price-to-earnings-growth ratio of 20.85 and a beta of 1.49. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $292.72.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The company had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.Datadog’s quarterly revenue was up 35.6% on a year-over-year basis. During the same period last year, the firm earned $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Equities analysts expect that Datadog, Inc. will post 0.7 EPS for the current fiscal year.

Insider Activity at Datadog

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of the stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $257.24, for a total value of $13,868,322.88. Following the transaction, the chief technology officer directly owned 509,805 shares in the company, valued at $131,142,238.20. This represents a 9.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Callahan sold 112,500 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $231.60, for a total transaction of $26,055,000.00. Following the sale, the director directly owned 14,996 shares in the company, valued at approximately $3,473,073.60. The trade was a 88.24% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,114,589 shares of company stock valued at $271,957,031 over the last three months. 6.48% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on DDOG shares. Jefferies Financial Group set a $260.00 price objective on Datadog in a research note on Thursday, August 6th. Cantor Fitzgerald boosted their price target on shares of Datadog from $226.00 to $327.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Wells Fargo & Company raised their price objective on shares of Datadog from $230.00 to $295.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. UBS Group cut their target price on shares of Datadog from $315.00 to $280.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Finally, Citizens Jmp increased their target price on shares of Datadog from $225.00 to $311.00 and gave the stock a “market outperform” rating in a report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Datadog presently has a consensus rating of “Moderate Buy” and a consensus price target of $276.32.

About Datadog

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.