198,151 Datadog, Inc. $DDOG Shares Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC lowered its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 95.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,361 shares of the company’s stock after selling 198,151 shares during the period. Curated Wealth Partners LLC’s holdings in Datadog were worth $2,564,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Janus Henderson Group PLC increased its stake in shares of Datadog by 22.8% during the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after purchasing an additional 1,439,082 shares during the last quarter. First Trust Advisors LP boosted its holdings 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 worth $435,081,000 after buying an additional 1,654,429 shares during the period. Bank of New York Mellon Corp grew its stake in Datadog by 30.3% in the 1st quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company’s stock valued at $312,340,000 after buying an additional 615,090 shares during the last quarter. Employees Provident Fund Board bought a new position in Datadog in the 4th quarter worth $251,582,000. Finally, Arrowstreet Capital Limited Partnership lifted its position in Datadog by 162.2% during 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 during the last quarter. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on DDOG shares. Canaccord Genuity Group raised their price target on shares of Datadog from $250.00 to $295.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. KeyCorp increased 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. Weiss Ratings upgraded shares of Datadog from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Morgan Stanley upped their price target on Datadog from $225.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. Finally, Needham & Company LLC upped their target price on shares of Datadog from $260.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Three research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $281.18.

Datadog Trading Down 2.3%

DDOG traded down $6.25 during midday trading on Thursday, reaching $263.08. 1,318,766 shares of the company were exchanged, compared to its average volume of 5,153,365. The stock’s 50-day simple moving average is $245.68 and its 200 day simple moving average is $220.01. 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 stock has a market capitalization of $94.47 billion, a P/E ratio of 537.13, a PEG ratio of 27.65 and a beta of 1.51. Datadog, Inc. has a one year low of $98.01 and a one year high of $300.68.

Datadog (NASDAQ:DDOG) last posted its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same period in the previous year, the company posted $0.46 earnings per share. The company’s revenue for the quarter was up 35.6% on a year-over-year basis. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. As a group, analysts forecast that Datadog, Inc. will post 0.70 earnings per share for the current fiscal year.

Insider Activity at Datadog

In other news, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $253.36, for a total value of $13,659,144.32. Following the completion of the transaction, the chief technology officer owned 509,805 shares of the company’s stock, valued at $129,164,194.80. This trade represents a 9.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 127,141 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $286.71, for a total transaction of $36,452,596.11. Following the completion of the sale, the chief executive officer directly owned 612,747 shares in the company, valued at approximately $175,680,692.37. The trade was a 17.18% 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. Insiders have sold 991,988 shares of company stock valued at $241,440,796 over the last three months. Insiders own 6.48% of the company’s stock.

Datadog 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.