Datadog, Inc. $DDOG Shares Purchased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC increased its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 2,082.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,176 shares of the company’s stock after purchasing an additional 27,839 shares during the period. Nisa Investment Advisors LLC’s holdings in Datadog were worth $4,155,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. V Square Quantitative Management LLC grew its stake in shares of Datadog by 13.8% in the 2nd quarter. V Square Quantitative Management LLC now owns 601 shares of the company’s stock valued at $81,000 after buying an additional 73 shares during the period. Nilsine Partners LLC grew its position in Datadog by 2.4% in the third quarter. Nilsine Partners LLC now owns 3,396 shares of the company’s stock worth $484,000 after acquiring an additional 78 shares during the period. PDS Planning Inc grew its position in Datadog by 4.2% in the third quarter. PDS Planning Inc now owns 1,975 shares of the company’s stock worth $281,000 after acquiring an additional 80 shares during the period. Ameritas Investment Partners Inc. increased its stake in Datadog by 0.8% during the second quarter. Ameritas Investment Partners Inc. now owns 10,466 shares of the company’s stock worth $1,406,000 after acquiring an additional 82 shares during the last quarter. Finally, Biltmore Wealth Management LLC raised its position in Datadog by 1.5% in the second quarter. Biltmore Wealth Management LLC now owns 5,726 shares of the company’s stock valued at $769,000 after purchasing an additional 86 shares during the period. 78.29% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Datadog news, CTO Alexis Le-Quoc sold 43,106 shares of the stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $133.93, for a total value of $5,773,186.58. Following the sale, the chief technology officer owned 301,458 shares of the company’s stock, valued at $40,374,269.94. This trade represents a 12.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Olivier Pomel sold 11,195 shares of Datadog stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $137.93, for a total value of $1,544,126.35. Following the completion of the transaction, the chief executive officer owned 518,133 shares of the company’s stock, valued at $71,466,084.69. The trade was a 2.11% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,083,321 shares of company stock valued at $194,667,779. 8.70% of the stock is owned by company insiders.

Datadog Trading Down 4.0%

NASDAQ DDOG opened at $125.49 on Monday. The firm has a 50 day simple moving average of $154.67 and a 200-day simple moving average of $146.84. 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 one year low of $81.63 and a one year high of $201.69. The firm has a market cap of $44.01 billion, a price-to-earnings ratio of 404.81, a PEG ratio of 23.26 and a beta of 1.26.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on DDOG shares. Cowen reiterated a “buy” rating on shares of Datadog in a report on Thursday, November 6th. Scotiabank increased their target price on shares of Datadog from $150.00 to $217.00 and gave the stock a “sector outperform” rating in a research note on Friday, November 7th. Rosenblatt Securities lifted their price target on shares of Datadog from $170.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Oppenheimer boosted their price target on shares of Datadog from $165.00 to $195.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Datadog from $140.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Thirty-three 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $200.92.

Datadog Company Profile

Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company’s product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.