Integrated Wealth Concepts LLC Has $797,000 Stake in Datadog, Inc. $DDOG

Integrated Wealth Concepts LLC increased its position in Datadog, Inc. (NASDAQ:DDOG) by 1.5% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 8,030 shares of the company’s stock after purchasing an additional 121 shares during the period. Integrated Wealth Concepts LLC’s holdings in Datadog were worth $797,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DDOG. Brighton Jones LLC acquired a new stake in shares of Datadog during the 4th quarter valued at $209,000. Bison Wealth LLC acquired a new stake in shares of Datadog during the 4th quarter valued at $228,000. Focus Partners Wealth boosted its stake in shares of Datadog by 101.4% during the 4th quarter. Focus Partners Wealth now owns 9,865 shares of the company’s stock valued at $1,436,000 after buying an additional 4,967 shares during the period. Quantinno Capital Management LP boosted its stake in shares of Datadog by 11.7% during the 4th quarter. Quantinno Capital Management LP now owns 25,069 shares of the company’s stock valued at $3,582,000 after buying an additional 2,634 shares during the period. Finally, ProShare Advisors LLC boosted its stake in shares of Datadog by 21.6% during the 4th quarter. ProShare Advisors LLC now owns 357,329 shares of the company’s stock valued at $51,059,000 after buying an additional 63,390 shares during the period. Institutional investors and hedge funds own 78.29% of the company’s stock.

Datadog Stock Performance

Shares of DDOG opened at $136.50 on Friday. The company has a market capitalization of $47.60 billion, a PE ratio of 390.01, a price-to-earnings-growth ratio of 54.79 and a beta of 1.10. Datadog, Inc. has a one year low of $81.63 and a one year high of $170.08. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.43 and a quick ratio of 3.43. The company’s fifty day moving average price is $137.36 and its 200 day moving average price is $119.98.

Datadog (NASDAQ:DDOG) last announced its earnings results on Thursday, August 7th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.41 by $0.05. The firm had revenue of $826.76 million for the quarter, compared to the consensus estimate of $791.72 million. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The business’s quarterly revenue was up 28.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.43 EPS. 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, analysts expect that Datadog, Inc. will post 0.34 earnings per share for the current year.

Analysts Set New Price Targets

DDOG has been the subject of a number of research reports. Cantor Fitzgerald lifted their target price on shares of Datadog from $171.00 to $179.00 and gave the company an “overweight” rating in a research note on Thursday, August 7th. Wedbush reissued an “outperform” rating and set a $140.00 target price on shares of Datadog in a research note on Wednesday, June 11th. Bank of America lifted their target price on shares of Datadog from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, July 7th. Barclays set a $170.00 price target on shares of Datadog and gave the company an “overweight” rating in a report on Thursday, August 7th. Finally, Citigroup raised their price target on shares of Datadog from $165.00 to $170.00 and gave the company a “buy” rating in a report on Monday, August 18th. Twenty-four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $153.10.

Insider Buying and Selling

In other Datadog news, CEO Olivier Pomel sold 100,754 shares of the firm’s stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $131.88, for a total value of $13,287,437.52. Following the sale, the chief executive officer directly owned 548,715 shares in the company, valued at $72,364,534.20. This trade represents a 15.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Matthew Jacobson sold 575,863 shares of the firm’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $126.96, for a total transaction of $73,111,566.48. Following the completion of the sale, the director owned 219,831 shares in the company, valued at $27,909,743.76. This represents a 72.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,406,371 shares of company stock worth $184,294,753 in the last quarter. 8.70% of the stock is currently owned by company insiders.

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.