Callan Family Office LLC Purchases 13,445 Shares of Datadog, Inc. $DDOG

Callan Family Office LLC boosted its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 145.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 22,680 shares of the company’s stock after buying an additional 13,445 shares during the quarter. Callan Family Office LLC’s holdings in Datadog were worth $3,047,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DDOG. Goldman Sachs Group Inc. raised its position in Datadog by 259.7% during the first quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company’s stock worth $858,994,000 after acquiring an additional 6,250,942 shares in the last quarter. Brown Advisory Inc. raised its position in Datadog by 76.5% during the first quarter. Brown Advisory Inc. now owns 4,853,012 shares of the company’s stock worth $481,467,000 after acquiring an additional 2,103,838 shares in the last quarter. Baillie Gifford & Co. lifted its holdings in Datadog by 12.6% during the 1st quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company’s stock valued at $1,217,769,000 after purchasing an additional 1,369,522 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in Datadog during the 2nd quarter valued at $177,050,000. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Datadog by 23.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,729,254 shares of the company’s stock valued at $667,611,000 after purchasing an additional 1,261,065 shares during the period. 78.29% of the stock is owned by institutional investors.

Datadog Price Performance

NASDAQ:DDOG opened at $158.74 on Friday. 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 $55.36 billion, a price-to-earnings ratio of 453.56, a P/E/G ratio of 64.19 and a beta of 1.21. The firm’s 50-day simple moving average is $138.06 and its 200 day simple moving average is $125.22. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.43 and a current ratio of 3.43.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates 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 period last year, the firm earned $0.43 earnings per share. Datadog’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. As a group, sell-side analysts predict that Datadog, Inc. will post 0.34 earnings per share for the current year.

Insider Buying and Selling at Datadog

In related news, Director Matthew Jacobson sold 575,863 shares of the firm’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 transaction, the director directly owned 219,831 shares of the company’s stock, valued at approximately $27,909,743.76. This trade represents a 72.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Olivier Pomel sold 63,939 shares of the firm’s stock in a transaction dated Thursday, October 9th. The shares were sold at an average price of $165.02, for a total transaction of $10,551,213.78. Following the completion of the transaction, the chief executive officer directly owned 533,358 shares in the company, valued at approximately $88,014,737.16. This represents a 10.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,565,843 shares of company stock valued at $212,946,080 in the last quarter. Company insiders own 8.70% of the company’s stock.

Wall Street Analyst Weigh In

DDOG has been the topic of several research analyst reports. Cantor Fitzgerald increased their price objective 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. Wells Fargo & Company initiated coverage on shares of Datadog in a research report on Tuesday, September 30th. They issued an “overweight” rating and a $190.00 price objective on the stock. Mizuho increased their price objective on shares of Datadog from $145.00 to $155.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. Scotiabank reissued an “outperform” rating on shares of Datadog in a research report on Friday, August 8th. Finally, Morgan Stanley increased their price objective on shares of Datadog from $115.00 to $165.00 and gave the company an “equal weight” rating in a research report on Thursday, July 10th. Twenty-four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $158.46.

About Datadog

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.