Bank Julius Baer & Co. Ltd Zurich Has $12.67 Million Stock Holdings in Datadog, Inc. $DDOG

Bank Julius Baer & Co. Ltd Zurich lifted its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 1.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 90,258 shares of the company’s stock after purchasing an additional 1,074 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Datadog were worth $12,671,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Costello Asset Management INC acquired a new stake in Datadog during the 1st quarter worth approximately $30,000. Interchange Capital Partners LLC bought a new position in shares of Datadog during the second quarter valued at $42,000. Ameritas Advisory Services LLC acquired a new position in shares of Datadog during the second quarter worth $55,000. True Wealth Design LLC grew its stake in shares of Datadog by 679.1% in the second quarter. True Wealth Design LLC now owns 522 shares of the company’s stock worth $70,000 after purchasing an additional 455 shares during the last quarter. Finally, Roble Belko & Company Inc grew its stake in shares of Datadog by 205.8% in the second quarter. Roble Belko & Company Inc now owns 526 shares of the company’s stock worth $71,000 after purchasing an additional 354 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

Insider Buying and Selling at Datadog

In related news, CTO Alexis Le-Quoc sold 55,352 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $133.83, for a total value of $7,407,758.16. Following the sale, the chief technology officer owned 438,885 shares in the company, valued at $58,735,979.55. This represents a 11.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Olivier Pomel sold 100,754 shares of Datadog stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $181.18, for a total value of $18,254,609.72. Following the transaction, the chief executive officer owned 533,358 shares of the company’s stock, valued at $96,633,802.44. This trade represents a 15.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 2,132,226 shares of company stock worth $333,155,098. Corporate insiders own 8.70% of the company’s stock.

Datadog Stock Down 9.5%

DDOG stock opened at $159.57 on Friday. The stock’s 50 day simple moving average is $158.37 and its 200 day simple moving average is $139.81. The company has a market cap of $55.96 billion, a P/E ratio of 514.74, a price-to-earnings-growth ratio of 40.02 and a beta of 1.20. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.66 and a current ratio of 3.66. Datadog, Inc. has a fifty-two week low of $81.63 and a fifty-two week high of $201.69.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.45 by $0.10. Datadog had a return on equity of 4.14% and a net margin of 3.32%.The firm had revenue of $885.65 million during the quarter, compared to the consensus estimate of $852.77 million. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s quarterly revenue was up 28.4% on a year-over-year basis. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS. Q4 2025 guidance at 0.54-0.56 EPS. On average, research analysts expect that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on DDOG. Cowen reaffirmed a “buy” rating on shares of Datadog in a research report on Thursday, November 6th. Oppenheimer raised their price objective on Datadog from $165.00 to $195.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Wall Street Zen raised Datadog from a “hold” rating to a “buy” rating in a research note on Saturday, November 15th. Weiss Ratings reissued a “sell (d+)” rating on shares of Datadog in a research report on Wednesday, October 8th. Finally, Rosenblatt Securities raised their price target on shares of Datadog from $170.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Thirty-one equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $207.38.

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.