U.S. Capital Wealth Advisors LLC Has $1.83 Million Stock Holdings in Datadog, Inc. (NASDAQ:DDOG)

U.S. Capital Wealth Advisors LLC grew its position in Datadog, Inc. (NASDAQ:DDOG) by 1.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,782 shares of the company’s stock after purchasing an additional 137 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Datadog were worth $1,826,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in DDOG. True Wealth Design LLC raised its holdings in shares of Datadog by 12,000.0% in the third quarter. True Wealth Design LLC now owns 242 shares of the company’s stock valued at $28,000 after purchasing an additional 240 shares during the last quarter. Retirement Wealth Solutions LLC bought a new stake in Datadog in the fourth quarter worth about $30,000. Avior Wealth Management LLC raised its position in Datadog by 55.9% in the fourth quarter. Avior Wealth Management LLC now owns 226 shares of the company’s stock worth $32,000 after acquiring an additional 81 shares during the period. Meeder Asset Management Inc. raised its position in Datadog by 66.5% in the third quarter. Meeder Asset Management Inc. now owns 288 shares of the company’s stock worth $33,000 after acquiring an additional 115 shares during the period. Finally, Quarry LP bought a new stake in Datadog in the third quarter worth about $33,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Insider Activity at Datadog

In other Datadog news, Director Matthew Jacobson sold 3,393 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $125.03, for a total transaction of $424,226.79. Following the transaction, the director now owns 695,086 shares in the company, valued at approximately $86,906,602.58. This represents a 0.49 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Kerry Acocella sold 2,488 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $158.04, for a total transaction of $393,203.52. Following the transaction, the general counsel now owns 68,758 shares in the company, valued at $10,866,514.32. This represents a 3.49 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 653,874 shares of company stock valued at $93,721,154. 11.78% of the stock is owned by insiders.

Datadog Stock Performance

Shares of DDOG stock opened at $143.15 on Tuesday. Datadog, Inc. has a one year low of $98.80 and a one year high of $170.08. The company’s 50-day moving average is $147.99 and its 200 day moving average is $129.53. The company has a market capitalization of $48.63 billion, a price-to-earnings ratio of 270.10, a price-to-earnings-growth ratio of 16.59 and a beta of 1.14.

Analyst Upgrades and Downgrades

DDOG has been the subject of several recent research reports. Rosenblatt Securities lifted their target price on shares of Datadog from $140.00 to $148.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. UBS Group reaffirmed an “underperform” rating on shares of Datadog in a research note on Friday, October 18th. BNP Paribas started coverage on shares of Datadog in a research note on Tuesday, October 8th. They set an “outperform” rating and a $150.00 price objective for the company. Scotiabank dropped their target price on shares of Datadog from $135.00 to $133.00 and set a “sector outperform” rating for the company in a research report on Friday, November 8th. Finally, BMO Capital Markets lifted their target price on shares of Datadog from $135.00 to $145.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty-five have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $157.59.

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.