Intrust Bank NA Has $456,000 Stake in Datadog, Inc. $DDOG

Intrust Bank NA increased its stake in Datadog, Inc. (NASDAQ:DDOG) by 13.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,391 shares of the company’s stock after acquiring an additional 391 shares during the quarter. Intrust Bank NA’s holdings in Datadog were worth $456,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Motley Fool Asset Management LLC increased its position in Datadog by 149.0% in the 1st quarter. Motley Fool Asset Management LLC now owns 38,132 shares of the company’s stock valued at $3,783,000 after buying an additional 22,818 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in Datadog by 178.6% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 91,046 shares of the company’s stock worth $9,032,000 after acquiring an additional 58,369 shares in the last quarter. Mizuho Markets Americas LLC acquired a new stake in Datadog in the first quarter valued at approximately $15,526,000. Vanguard Personalized Indexing Management LLC increased its holdings in shares of Datadog by 30.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 24,062 shares of the company’s stock valued at $3,232,000 after acquiring an additional 5,609 shares in the last quarter. Finally, Temasek Holdings Private Ltd raised its position in shares of Datadog by 585.0% during the first quarter. Temasek Holdings Private Ltd now owns 108,827 shares of the company’s stock worth $10,797,000 after purchasing an additional 92,939 shares during the period. 78.29% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Olivier Pomel sold 63,939 shares of Datadog stock in a transaction on Thursday, October 9th. The stock was sold at an average price of $165.02, for a total transaction of $10,551,213.78. Following the sale, the chief executive officer directly owned 533,358 shares in the company, valued at approximately $88,014,737.16. This trade represents a 10.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Matthew Jacobson sold 575,863 shares of the business’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $126.96, for a total value of $73,111,566.48. Following the completion of the transaction, the director directly owned 219,831 shares in the company, valued at approximately $27,909,743.76. This represents a 72.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,979,841 shares of company stock worth $303,130,605 over the last 90 days. 8.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

DDOG has been the topic of a number of recent research reports. BMO Capital Markets increased their target price on Datadog from $154.00 to $215.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Morgan Stanley raised their price objective on shares of Datadog from $165.00 to $180.00 and gave the company an “equal weight” rating in a research note on Friday, November 7th. DA Davidson lifted their price objective on shares of Datadog from $180.00 to $225.00 and gave the company a “buy” rating in a report on Friday, November 7th. TD Cowen upped their target price on shares of Datadog from $180.00 to $235.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Finally, Stifel Nicolaus set a $205.00 price target on shares of Datadog in a research report on Thursday, November 6th. Thirty-one analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Datadog currently has a consensus rating of “Moderate Buy” and a consensus price target of $207.38.

Datadog Stock Performance

NASDAQ DDOG opened at $176.46 on Wednesday. The company has a fifty day moving average price of $157.22 and a 200-day moving average price of $139.41. The firm has a market cap of $61.88 billion, a price-to-earnings ratio of 569.23, a PEG ratio of 40.92 and a beta of 1.20. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.66 and a quick ratio of 3.66. Datadog, Inc. has a 1 year low of $81.63 and a 1 year high of $201.69.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.10. Datadog had a net margin of 3.32% and a return on equity of 4.14%. The business had revenue of $885.65 million for the quarter, compared to analysts’ expectations of $852.77 million. During the same period in the previous year, the company earned $0.46 earnings per share. The firm’s revenue for the quarter was up 28.4% compared to the same quarter last year. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS. Q4 2025 guidance at 0.54-0.56 EPS. As a group, equities research analysts predict that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Datadog Profile

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.