Natixis Reduces Stake in Datadog by 5.1% in Fourth Quarter

🌥️Trending News

In its latest Form 13F filing with the Securities and Exchange Commission, Natixis disclosed that it had decreased its holdings in shares of Datadog ($NASDAQ:DDOG), Inc. by 5.1% during the fourth quarter. Datadog, Inc. is a technology company that provides monitoring and analytics solutions for cloud applications and infrastructure. It helps businesses to gain visibility into their data by providing them with an integrated cloud-scale monitoring platform to observe and analyze their IT systems.

Analysis

At GoodWhale, we have conducted a comprehensive assessment of DATADOG’s health. We performed an in-depth analysis of their financial and business aspects to determine a Risk Rating for potential investors, and our results indicated that DATADOG is a medium risk investment. During our assessment, we detected three risk warnings in their income statement, balance sheet, and cash flow statement. Though we cannot publicly disclose the specifics of these risk warnings, we can say that they should be considered when examining potential investments. If you are interested in learning more, you can become a registered user on our platform to access the full report. Datadog_by_5.1_in_Fourth_Quarter”>More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Datadog. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Datadog. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Datadog. More…

Key Ratios Snapshot

Some of the financial key ratios for Datadog are shown below. More…

Peers

Datadog Inc is a cloud-based monitoring and analytics platform for IT, Operations and Development teams who write and run applications at scale, and is used by organizations of all sizes. Founded in 2010, Datadog is headquartered in New York City with offices in France, Germany, and the United Kingdom.

Datadog’s primary competitors are Dynatrace Inc, Elastic NV, and New Relic Inc. These companies are also cloud-based monitoring and analytics platforms that provide similar services to Datadog.

– Dynatrace Inc ($NYSE:DT)

Dynatrace Inc is a publicly traded American software intelligence company based in Waltham, Massachusetts with a market cap of $9.67B as of 2022. The company offers various application performance management (APM) products. Its products are used by companies to monitor the performance of software applications and services.

Dynatrace’s ROE of 3.59% is lower than the average of its competitors, which is around 7%. This indicates that the company is not generating as much profit from its equity as its competitors. One reason for this could be that Dynatrace is reinvesting its profits back into the business in order to grow. Another reason could be that the company has higher operating expenses than its competitors.

– Elastic NV ($NYSE:ESTC)

Elastic N.V. is a Netherlands-based company engaged in the provision of software solutions. The Company’s products include Elastic Stack, X-Pack, and Elastic Cloud. The Elastic Stack is a set of software products that combine data from any source with any format and search, analyze, and visualize it in real time. X-Pack is a set of software products that provides security, alerting, monitoring, reporting, machine learning, and graph capabilities for Elastic Stack. Elastic Cloud is a cloud service that offers hosted versions of the Elastic Stack.

– New Relic Inc ($NYSE:NEWR)

New Relic Inc is a publicly traded American software analytics company based in San Francisco, California. The company’s market cap as of 2022 was 3.84 billion dollars, and its ROE was -41.23%. New Relic was founded in 2008, and it provides software analytics products that help developers monitor the performance of their applications.

Summary

.