Datadog, Inc. $DDOG Shares Sold by Generali Investments Towarzystwo Funduszy Inwestycyjnych

Generali Investments Towarzystwo Funduszy Inwestycyjnych lowered its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 23.8% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 24,400 shares of the company’s stock after selling 7,600 shares during the period. Datadog comprises about 1.8% of Generali Investments Towarzystwo Funduszy Inwestycyjnych’s portfolio, making the stock its 17th largest holding. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in Datadog were worth $3,475,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Tripletail Wealth Management LLC purchased a new position in Datadog during the third quarter valued at approximately $28,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Datadog during the 3rd quarter worth approximately $40,000. Interchange Capital Partners LLC purchased a new position in shares of Datadog during the 2nd quarter valued at approximately $42,000. Game Plan Financial Advisors LLC acquired a new position in shares of Datadog in the 3rd quarter valued at $43,000. Finally, Cromwell Holdings LLC boosted its holdings in Datadog by 536.5% during the third quarter. Cromwell Holdings LLC now owns 331 shares of the company’s stock worth $47,000 after buying an additional 279 shares in the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Datadog Price Performance

NASDAQ:DDOG opened at $136.64 on Tuesday. The stock has a 50 day moving average of $142.19 and a two-hundred day moving average of $145.55. Datadog, Inc. has a 12 month low of $81.63 and a 12 month high of $201.69. The firm has a market cap of $47.92 billion, a P/E ratio of 440.77, a price-to-earnings-growth ratio of 23.21 and a beta of 1.26. The company has a current ratio of 3.66, a quick ratio of 3.66 and a debt-to-equity ratio of 0.29.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $852.77 million. During the same period in the previous year, the company posted $0.46 earnings per share. The business’s revenue 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. On average, analysts expect that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Scotiabank lifted their price objective on shares of Datadog from $150.00 to $217.00 and gave the company a “sector outperform” rating in a report on Friday, November 7th. BNP Paribas Exane dropped their target price on Datadog from $210.00 to $175.00 and set an “outperform” rating on the stock in a research report on Thursday, January 15th. Mizuho reduced their price target on Datadog from $200.00 to $170.00 and set an “outperform” rating for the company in a report on Wednesday, January 21st. Cantor Fitzgerald increased their price target on Datadog from $179.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Finally, Barclays cut their price objective on Datadog from $215.00 to $195.00 and set an “overweight” rating for the company in a research report on Monday, January 12th. Thirty-four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $192.95.

Insider Activity at Datadog

In related news, CTO Alexis Le-Quoc sold 43,106 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $133.93, for a total transaction of $5,773,186.58. Following the transaction, the chief technology officer directly owned 301,458 shares in the company, valued at approximately $40,374,269.94. The trade was a 12.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Shardul Shah sold 7,916 shares of the company’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $124.89, for a total transaction of $988,629.24. Following the sale, the director directly owned 340,701 shares of the company’s stock, valued at approximately $42,550,147.89. This represents a 2.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,071,709 shares of company stock worth $192,590,597 over the last 90 days. Corporate insiders own 8.70% of the company’s stock.

About Datadog

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.