Free Trial

23,221 Datadog, Inc. $DDOG Shares Sold by Sumitomo Mitsui Trust Group Inc.

Datadog logo with Technology background
Image from MarketBeat Media, LLC.

Sumitomo Mitsui Trust Group Inc. lowered its stake in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 2.6% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 855,301 shares of the company's stock after selling 23,221 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 0.24% of Datadog worth $234,224,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Integrated Wealth Concepts LLC lifted its stake in Datadog by 1,691.4% in the second quarter. Integrated Wealth Concepts LLC now owns 186,216 shares of the company's stock valued at $48,483,000 after buying an additional 175,821 shares during the period. Congress Asset Management Co. boosted its stake in Datadog by 3.0% during the third quarter. Congress Asset Management Co. now owns 268,825 shares of the company's stock worth $71,350,000 after acquiring an additional 7,802 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in Datadog by 7,711.3% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 94,048 shares of the company's stock worth $25,755,000 after acquiring an additional 92,844 shares in the last quarter. Saudi Central Bank increased its stake in Datadog by 91.6% in the second quarter. Saudi Central Bank now owns 21,867 shares of the company's stock valued at $5,693,000 after purchasing an additional 10,455 shares in the last quarter. Finally, Cooper Financial Group increased its stake in Datadog by 188.1% in the third quarter. Cooper Financial Group now owns 20,934 shares of the company's stock valued at $5,733,000 after purchasing an additional 13,669 shares in the last quarter. Institutional investors own 78.29% of the company's stock.

Insider Transactions at Datadog

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the company's stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $227.02, for a total transaction of $12,239,102.24. Following the completion of the transaction, the chief technology officer owned 509,805 shares in the company, valued at approximately $115,735,931.10. This represents a 9.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 127,141 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $286.71, for a total value of $36,452,596.11. Following the transaction, the chief executive officer directly owned 612,747 shares of the company's stock, valued at approximately $175,680,692.37. The trade was a 17.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 904,934 shares of company stock worth $220,279,519 in the last ninety days. Insiders own 6.48% of the company's stock.

Datadog Price Performance

NASDAQ DDOG opened at $235.27 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. The stock has a market capitalization of $84.48 billion, a PE ratio of 480.15, a PEG ratio of 22.97 and a beta of 1.50. The business's 50-day moving average is $251.27 and its 200 day moving average is $198.14. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $300.68.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%. The business had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.08 billion. During the same period in the previous year, the firm posted $0.46 EPS. The business's revenue was up 35.6% on a year-over-year basis. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Sell-side analysts forecast that Datadog, Inc. will post 0.70 earnings per share for the current year.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

  • Positive Sentiment: Datadog was named a Leader in the Forrester Wave: AIOps Platforms, Q4 2026. The recognition highlights its AI-powered observability platform and Bits AI capabilities for detecting, investigating and remediating operational issues, potentially strengthening its competitive position. Datadog Named a Leader in AIOps Platforms Research
  • Positive Sentiment: A Wells Fargo analyst reportedly expects Datadog’s stock price to rise, providing some analyst support ahead of the company’s upcoming results. Datadog Stock Price Expected to Rise
  • Neutral Sentiment: Wall Street is concentrating on Datadog’s third-quarter 2026 metrics, including revenue growth, customer additions, usage trends and profitability. The company’s latest reported quarter showed revenue growth of 35.6% year over year and adjusted EPS above expectations, but investors are likely demanding continued strength. Datadog Q3 Earnings Projections
  • Negative Sentiment: Datadog fell alongside other cybersecurity and technology software stocks even as a major Binance cryptocurrency theft underscored demand for digital-security products. The move suggests broad market and sector selling, rather than a deterioration in Datadog’s fundamentals, is currently dominating trading. Datadog and Cybersecurity Stocks Fall
  • Negative Sentiment: CTO Alexis Le-Quoc sold 43,224 shares worth approximately $12.1 million. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal, although insider selling can still weigh on sentiment. SEC Insider Trading Filing

Analyst Ratings Changes

A number of equities research analysts have commented on DDOG shares. Canadian Imperial Bank of Commerce raised their price objective on Datadog from $280.00 to $315.00 and gave the company an "outperform" rating in a research note on Friday, October 9th. Citizens Jmp lifted their target price on Datadog from $225.00 to $311.00 and gave the stock a "market outperform" rating in a research note on Monday, July 20th. Needham & Company LLC upped their price target on shares of Datadog from $260.00 to $300.00 and gave the company a "buy" rating in a research note on Friday, August 7th. Wells Fargo & Company lifted their target price on Datadog from $295.00 to $325.00 and gave the company an "overweight" rating in a report on Wednesday, October 28th. Finally, Yorkville Ives initiated coverage on Datadog in a research note on Monday, October 5th. They set an "outperform" rating and a $335.00 price objective for the company. Three research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $287.98.

Read Our Latest Stock Report on DDOG

Datadog Company Profile

(Free Report)

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog's products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.

See Also

Want to see what other hedge funds are holding DDOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Datadog, Inc. (NASDAQ:DDOG - Free Report).

Institutional Ownership by Quarter for Datadog (NASDAQ:DDOG)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Datadog Right Now?

Before you consider Datadog, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Datadog wasn't on the list.

While Datadog currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Stocks Powering The Next AI Boom  Cover

The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.

Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.

Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines