Inspire Investing LLC Has $305,000 Stock Holdings in Datadog, Inc. $DDOG

Inspire Investing LLC raised its stake in Datadog, Inc. (NASDAQ:DDOG) by 70.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,078 shares of the company’s stock after buying an additional 1,272 shares during the period. Inspire Investing LLC’s holdings in Datadog were worth $305,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. DLD Asset Management LP acquired a new position in shares of Datadog during the first quarter worth $1,379,000. Siren L.L.C. increased its stake in Datadog by 55.9% in the first quarter. Siren L.L.C. now owns 47,425 shares of the company’s stock valued at $4,705,000 after purchasing an additional 17,000 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Datadog by 17.6% in the first quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock valued at $76,000 after purchasing an additional 115 shares in the last quarter. IFM Investors Pty Ltd increased its stake in Datadog by 2.8% in the first quarter. IFM Investors Pty Ltd now owns 50,669 shares of the company’s stock valued at $5,027,000 after purchasing an additional 1,387 shares in the last quarter. Finally, Capital Impact Advisors LLC bought a new stake in Datadog in the first quarter valued at $6,704,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

Analyst Upgrades and Downgrades

DDOG has been the subject of several research analyst reports. Jefferies Financial Group lifted their price target on shares of Datadog from $135.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, August 4th. UBS Group set a $165.00 price objective on shares of Datadog and gave the company a “buy” rating in a report on Thursday, August 7th. Monness Crespi & Hardt boosted their price target on shares of Datadog from $160.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Datadog in a research note on Friday, August 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $175.00 target price on shares of Datadog in a report on Thursday, August 14th. Twenty-four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $153.10.

Insider Activity at Datadog

In related news, General Counsel Kerry Acocella sold 5,142 shares of the company’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $133.85, for a total transaction of $688,256.70. Following the sale, the general counsel owned 97,377 shares of the company’s stock, valued at $13,033,911.45. This represents a 5.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Olivier Pomel sold 32,923 shares of the business’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $135.74, for a total transaction of $4,468,968.02. Following the transaction, the chief executive officer owned 533,358 shares in the company, valued at $72,398,014.92. This trade represents a 5.81% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,439,680 shares of company stock valued at $189,428,113 in the last three months. Corporate insiders own 8.70% of the company’s stock.

Datadog Price Performance

Shares of Datadog stock opened at $136.81 on Friday. The company’s fifty day simple moving average is $136.67 and its two-hundred day simple moving average is $120.59. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $170.08. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.31. The firm has a market cap of $47.71 billion, a PE ratio of 390.90, a price-to-earnings-growth ratio of 53.14 and a beta of 1.10.

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