DDOG Archives - Ticker Target

Changes in the High Growth Portfolio-Sale of Sprout Social and Datadog-entire positions; Purchases of Braze, Xometry, Unity and Procore.

We have made the following changes in the high growth portfolio earlier this morning. CompanySharesPriceB/STotalOld Position New PositionWeightSprount Social1,500$66.69S$40,0251,50000%Datadog120$117.01S$14,02512000%Braze800$37.49B$30,00008003.5%Xometry300$27.69B$8,3151,2001,5003.4%Unity400$26.59B$10,6451,3001,7003.7%Procore50$79.49B$3,9805506003.9% Sprout Social reported yet another disappointing quarter with revenue growth forecasted at 10% for the full year. The company continues to report growth in bookings in the mid-high 20% range but somehow the bookings never translate into revenue…

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Portfolio Changes in High Growth Portfolio; Purchase of 300 Nebius and Sale of 120 Datadog

The last two days have seen a noticeable pull-back in high growth IT shares. One reason might be renewed interest rate angst. The Fed minutes published yesterday suggested that the probability of an interest rate cut is low over the next two or three Fed meetings. This sense seems to have animated a sell-off in…

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Some Portfolio Changes: Sale 60% of the position (320 shares of Datadog; Purchase of 500 shares of NBIS bringing position to 1200 shares. Purchase of 500 XMTR bringing the position to 1200 shares; purchase of 150 Procore bringing the position to 500 shares

There has been lots of volatility since Monday. First the DeepSeek panic and then yesterday the sharp reversal as investors started to refine their view of the likely impact of the cost of cheaper models. Today-at least as I write this-seems to be presenting a bit of a consolidation trade after yesterday’s sharp spike. …

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Portfolio Changes in High Growth Portfolio

This morning we made some changes in our high growth portfolio, selling the balance of the Shift 4 position and adding to positions in Datadog, SentinelOne, Unity and GitLab. The details are as follows: We sold 500 shares of Shift4 at 104.29. This eliminated the position and raised $52,140. To reiterate, our sale was related to the appointment…

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Additions to the high growth portfolio: Purchases of Affirm, Datadog, Snowflake, Confluent and Sprout Social

The commentary that we are in the process of publishing suggested that I would take some steps to retain the net long exposure at or slightly above 135%. It fell a bit last week because of the increase in the NAV of the portfolio. So, to keep the net long exposure consistent, I have added…

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Thursday earnings deluge-of the good kind; Reviewing earnings that were reported and guidance provide by AppLovin, Datadog, Shift4, CyberArk; Upstart readthrough for Pagaya

I want to start by making an unusual comment. At Ticker Target, we make it a point to ensure that all of our subscribers receive content on a timely basis. If there is a problem, we want to know about it. To do so, however, we need some kind of payment confirmation information. We have…

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GitLab has entered a sales process; Datadog is a possible acquirer

This morning Reuters published an article in which it suggests that GitLab has hired investment bankers and has seen interest from a variety of potential purchasers including Google and Amazon. Rumors about a GitLab sale have been circulating from time to time. The founder and CEO of GitLab, Sid Sijbrandij has been battling cancer and announced that his…

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Portfolio change

Sale of 100 shares of Crowdstrike at the opening; Sale of 100 shares of DT at the opening; Purchase of 120 shares of CyberArk at the opening, Purchase of 40 shares of Datadog; Comments on the ZS downgrades As we discussed in the portfolio commentary we published yesterday, we are exiting our Crowdstrike position. The…

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Portfolio Changes

Sale of 500 DT shares and purchase of 1000 shares of NU and 30 shares of Datadog We made some portfolio adjustments this morning. We sold 500 shares of Dynatrace at $47.79. We were not pleased with the company’s earnings report-particularly its forward guidance for ARR growth. After a couple of quarters of mentally making…

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Portfolio Addition

Bought 60 shares of Datadog at $116.69 We added 60 shares of Datadog to our position in the high growth model portfolio at a price of $116.79. After bouncing from post earnings lows, based in part on a new purchase recommendation by the analyst at Baird, the shares have pulled back. For the reasons listed…

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