Avestar Capital LLC Invests $305,000 in Datadog, Inc. $DDOG

Avestar Capital LLC acquired a new stake in Datadog, Inc. (NASDAQ:DDOG) during the fourth quarter, Holdings Channel.com reports. The fund acquired 2,242 shares of the company’s stock, valued at approximately $305,000.

Other large investors have also recently modified their holdings of the company. CIBC Asset Management Inc increased its stake in Datadog by 11.7% in the fourth quarter. CIBC Asset Management Inc now owns 199,738 shares of the company’s stock valued at $27,162,000 after purchasing an additional 20,938 shares in the last quarter. Westpac Banking Corp boosted its holdings in Datadog by 33.9% during the fourth quarter. Westpac Banking Corp now owns 23,975 shares of the company’s stock worth $3,260,000 after purchasing an additional 6,069 shares during the last quarter. Bridges Investment Management Inc. boosted its holdings in Datadog by 37.6% during the fourth quarter. Bridges Investment Management Inc. now owns 3,419 shares of the company’s stock worth $465,000 after purchasing an additional 934 shares during the last quarter. Dynasty Wealth Management LLC boosted its holdings in Datadog by 17.5% during the fourth quarter. Dynasty Wealth Management LLC now owns 1,892 shares of the company’s stock worth $257,000 after purchasing an additional 282 shares during the last quarter. Finally, Natixis Advisors LLC boosted its holdings in Datadog by 19.2% during the fourth quarter. Natixis Advisors LLC now owns 46,987 shares of the company’s stock worth $6,390,000 after purchasing an additional 7,558 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

Datadog Stock Performance

NASDAQ DDOG opened at $234.11 on Friday. The company’s 50 day moving average is $167.10 and its 200-day moving average is $145.28. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $278.70. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The firm has a market cap of $83.33 billion, a P/E ratio of 616.10, a price-to-earnings-growth ratio of 26.08 and a beta of 1.56.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same quarter in the previous year, the firm posted $0.46 earnings per share. The company’s quarterly revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Sell-side analysts predict that Datadog, Inc. will post 0.61 earnings per share for the current year.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog’s recent earnings and outlook remain solid, with Q1 revenue rising 32.1% year over year, EPS beating estimates, and management guiding for continued growth. Analyst coverage is still broadly constructive, and several firms have recently raised price targets.
• Positive Sentiment: Recent commentary has framed Datadog as a beneficiary of renewed interest in AI-related software, which may be helping support longer-term investor sentiment. Software sector rebound report
• Neutral Sentiment: Datadog also presented at the Bank of America 2026 Global Technology Conference, but the headline does not indicate a major new catalyst. Bank of America conference transcript
• Negative Sentiment: Multiple Datadog insiders sold shares in recent filings, including CTO Alexis Le-Quoc, CEO Olivier Pomel, COO Adam Blitzer, CFO David M. Obstler, CRO Sean Michael Walters, and General Counsel Kerry Acocella. Most sales were tied to 10b5-1 plans or tax withholding on equity vesting, but the broad cluster of insider selling can still weigh on sentiment. SEC insider filing
• Negative Sentiment: A separate report said insiders sold about $90 million of Datadog shares over the past year, reinforcing concerns that management may see limited near-term upside after the stock’s strong run. Datadog insiders sold US$90m of shares suggesting hesitancy

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Evercore restated an “outperform” rating and set a $225.00 price target on shares of Datadog in a report on Thursday, May 7th. Sanford C. Bernstein boosted their price target on shares of Datadog from $167.00 to $180.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Morgan Stanley boosted their price target on shares of Datadog from $180.00 to $225.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Raymond James Financial lifted their price objective on shares of Datadog from $170.00 to $220.00 in a research report on Thursday, May 7th. Finally, Rosenblatt Securities lifted their price objective on shares of Datadog from $178.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $219.69.

Insider Buying and Selling at Datadog

In related news, CFO David M. Obstler sold 16,323 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $267.15, for a total transaction of $4,360,689.45. Following the sale, the chief financial officer owned 509,591 shares of the company’s stock, valued at approximately $136,137,235.65. This represents a 3.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Alexis Le-Quoc sold 21,506 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $267.15, for a total transaction of $5,745,327.90. Following the completion of the transaction, the chief technology officer directly owned 509,805 shares of the company’s stock, valued at approximately $136,194,405.75. This represents a 4.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 1,161,526 shares of company stock worth $216,578,007 in the last ninety days. Insiders own 6.48% of the company’s stock.

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.