Datadog, Inc. $DDOG Stake Boosted by Elevation Wealth Partners LLC

Elevation Wealth Partners LLC raised its stake in Datadog, Inc. (NASDAQ:DDOG) by 2,054.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 3,619 shares of the company’s stock after purchasing an additional 3,451 shares during the quarter. Elevation Wealth Partners LLC’s holdings in Datadog were worth $991,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. ING Groep NV increased its stake in shares of Datadog by 697.3% in the fourth quarter. ING Groep NV now owns 37,519 shares of the company’s stock worth $5,102,000 after buying an additional 32,813 shares during the period. Integrated Wealth Concepts LLC boosted its position in Datadog by 1,691.4% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 186,216 shares of the company’s stock valued at $48,483,000 after buying an additional 175,821 shares during the period. iA Global Asset Management Inc. grew its holdings in Datadog by 133.7% in the 1st quarter. iA Global Asset Management Inc. now owns 94,540 shares of the company’s stock worth $11,160,000 after acquiring an additional 54,084 shares during the last quarter. Congress Asset Management Co. grew its holdings in Datadog by 3.0% in the 3rd quarter. Congress Asset Management Co. now owns 268,825 shares of the company’s stock worth $71,350,000 after acquiring an additional 7,802 shares during the last quarter. Finally, Monetta Financial Services Inc. purchased a new position in shares of Datadog in the second quarter valued at about $2,734,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Insider Activity

In other news, CRO Sean Walters sold 11,710 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $221.04, for a total transaction of $2,588,378.40. Following the sale, the executive owned 233,135 shares in the company, valued at approximately $51,532,160.40. The trade was a 4.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 43,224 shares of the company’s stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $252.17, for a total transaction of $10,899,796.08. Following the completion of the sale, the chief technology officer directly owned 488,033 shares in the company, valued at $123,067,281.61. This represents a 8.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 958,076 shares of company stock worth $232,038,673. 6.48% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

DDOG has been the subject of several recent analyst reports. KeyCorp upped their price objective on shares of Datadog from $225.00 to $320.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Wolfe Research reiterated an “outperform” rating and issued a $295.00 price objective on shares of Datadog in a report on Thursday, June 11th. DA Davidson reiterated a “buy” rating and issued a $315.00 price objective on shares of Datadog in a research report on Friday, August 7th. Mizuho boosted their target price on Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $280.00 target price on shares of Datadog in a report on Thursday, July 16th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Datadog currently has a consensus rating of “Moderate Buy” and a consensus target price of $277.73.

Datadog Stock Down 2.5%

Shares of DDOG traded down $6.90 on Wednesday, reaching $271.34. The stock had a trading volume of 1,587,052 shares, compared to its average volume of 5,233,314. The firm has a market capitalization of $97.43 billion, a price-to-earnings ratio of 553.77, a price-to-earnings-growth ratio of 26.98 and a beta of 1.51. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. The company has a 50-day simple moving average of $245.16 and a 200-day simple moving average of $214.50. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $292.72.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The firm’s revenue was up 35.6% on a year-over-year basis. During the same period in the previous year, the company posted $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. Sell-side analysts predict that Datadog, Inc. will post 0.7 EPS for the current year.

Datadog Company Profile

Datadog, Inc is a software company that provides a cloud-based monitoring, observability and security platform. Its services help organizations collect, analyze and visualize data from applications, infrastructure, networks, databases and other technology environments, enabling them to identify performance issues, manage incidents and improve digital services.

The company’s product offerings include infrastructure monitoring, application performance monitoring, log management, database and network monitoring, real user and synthetic experience monitoring, cloud security, software supply chain security, incident management and workflow automation.