Jacobs Levy Equity Management Inc. Takes Position in Datadog, Inc. $DDOG

Jacobs Levy Equity Management Inc. purchased a new stake in Datadog, Inc. (NASDAQ:DDOG) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,446 shares of the company’s stock, valued at approximately $739,000.

A number of other large investors have also made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of Datadog by 3.5% in the first quarter. Vanguard Group Inc. now owns 31,413,032 shares of the company’s stock valued at $3,116,487,000 after purchasing an additional 1,058,803 shares in the last quarter. Baillie Gifford & Co. grew its position in Datadog by 12.6% in the first quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company’s stock worth $1,217,769,000 after acquiring an additional 1,369,522 shares during the period. Goldman Sachs Group Inc. grew its position in Datadog by 259.7% in 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 during the period. Price T Rowe Associates Inc. MD grew its position in 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 worth $667,611,000 after acquiring an additional 1,261,065 shares during the period. Finally, Brown Advisory Inc. grew its position in Datadog by 76.5% in 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 during the period. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Datadog

In other news, CFO David M. Obstler sold 12,619 shares of Datadog stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $133.85, for a total transaction of $1,689,053.15. Following the sale, the chief financial officer owned 386,651 shares in the company, valued at approximately $51,753,236.35. The trade was a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Kerry Acocella sold 5,142 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $133.85, for a total value of $688,256.70. Following the transaction, the general counsel directly owned 97,377 shares in the company, valued at approximately $13,033,911.45. This represents a 5.02% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,406,371 shares of company stock valued at $184,294,753. 8.70% of the stock is owned by insiders.

Analyst Ratings Changes

DDOG has been the subject of several analyst reports. Bank of America increased their price objective on Datadog from $150.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, July 7th. Guggenheim reiterated a “sell” rating and issued a $105.00 price objective on shares of Datadog in a research report on Tuesday, July 8th. DA Davidson set a $160.00 price objective on Datadog and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Stifel Nicolaus increased their price objective on Datadog from $120.00 to $135.00 and gave the stock a “hold” rating in a research report on Thursday, June 26th. Finally, Barclays set a $170.00 price target on Datadog and gave the stock an “overweight” rating in a research report on Thursday, August 7th. Twenty-four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $153.10.

Datadog Stock Down 1.9%

Shares of NASDAQ DDOG opened at $136.50 on Friday. The stock has a market cap of $47.60 billion, a P/E ratio of 390.01, a PEG ratio of 54.79 and a beta of 1.10. The company has a current ratio of 3.43, a quick ratio of 3.43 and a debt-to-equity ratio of 0.31. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $170.08. The business’s fifty day simple moving average is $137.36 and its 200-day simple moving average is $119.98.

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

Datadog Company 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.