Datadog, Inc. $DDOG Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC cut its holdings in Datadog, Inc. (NASDAQ:DDOG) by 72.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,767 shares of the company’s stock after selling 4,554 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Datadog were worth $484,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. First Trust Advisors LP lifted its position in shares of Datadog by 81.5% during the 1st quarter. First Trust Advisors LP now owns 3,685,562 shares of the company’s stock valued at $435,081,000 after buying an additional 1,654,429 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in Datadog by 197.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,443,008 shares of the company’s stock worth $669,018,000 after acquiring an additional 1,622,904 shares in the last quarter. Janus Henderson Group PLC increased its holdings in Datadog by 22.8% in the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after acquiring an additional 1,439,082 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in Datadog by 162.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,571,018 shares of the company’s stock worth $185,459,000 after acquiring an additional 971,910 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in Datadog by 30.3% during the first quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company’s stock worth $312,340,000 after acquiring an additional 615,090 shares during the period. 78.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on DDOG shares. TD Cowen increased their price objective on shares of Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Citizens Jmp lifted their target price on shares of Datadog from $225.00 to $311.00 and gave the company a “market outperform” rating in a research report on Monday, July 20th. Barclays boosted their target price on shares of Datadog from $290.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 13th. BTIG Research boosted their target price on shares of Datadog from $255.00 to $289.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. Finally, Benchmark restated a “buy” rating on shares of Datadog in a research report on Tuesday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $285.04.

Datadog Stock Up 4.6%

Shares of DDOG opened at $269.65 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. Datadog, Inc. has a one year low of $98.01 and a one year high of $300.68. The stock has a market capitalization of $96.83 billion, a price-to-earnings ratio of 550.32, a PEG ratio of 26.32 and a beta of 1.51. The stock has a 50 day moving average price of $247.90 and a 200 day moving average price of $226.32.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.58 by $0.07. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the company earned $0.46 EPS. 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 research analysts forecast that Datadog, Inc. will post 0.70 earnings per share for the current fiscal year.

Insider Buying and Selling at Datadog

In other news, CRO Sean Walters sold 11,710 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $221.04, for a total value of $2,588,378.40. Following the completion of the sale, the executive directly owned 233,135 shares in the company, valued at $51,532,160.40. This represents a 4.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $273.60, for a total transaction of $14,750,323.20. Following the completion of the transaction, the chief technology officer directly owned 488,033 shares in the company, valued at approximately $133,525,828.80. This represents a 9.95% 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. Over the last three months, insiders have sold 881,710 shares of company stock valued at $213,560,746. 6.48% of the stock is owned by company insiders.

Datadog Profile

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.