Danske Bank A S Purchases 26,300 Shares of Datadog, Inc. $DDOG

Key Points

• Danske Bank A/S increased its stake in Datadog by 18.5% in Q4, buying 26,300 shares and taking its holding to 168,671 shares worth about $22.94 million.
• Significant insider selling has occurred recently: the CTO sold 43,224 shares and the CEO sold 42,443 shares under Rule 10b5‑1 plans, and insiders sold 594,639 shares worth $72.21 million in the past three months (insiders now own 6.67%).
• Analyst sentiment is mixed but leans positive overall—Datadog has a MarketBeat consensus of “Moderate Buy” with an average price target of $177.03, despite several recent target cuts and a Goldman Sachs sell initiation at $113.

Danske Bank A S lifted its position in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) by 18.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 168,671 shares of the company's stock after purchasing an additional 26,300 shares during the quarter. Danske Bank A S's holdings in Datadog were worth $22,938,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. PKO Investment Management Joint Stock Co purchased a new stake in Datadog during the third quarter valued at $1,709,000. Hartford Investment Management Co. purchased a new stake in Datadog during the third quarter valued at $2,689,000. IQ EQ FUND MANAGEMENT IRELAND Ltd raised its stake in Datadog by 134.5% during the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 31,142 shares of the company's stock valued at $4,435,000 after purchasing an additional 17,860 shares in the last quarter. Vanguard Group Inc. increased its position in Datadog by 30.3% during the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company's stock valued at $5,966,877,000 after acquiring an additional 9,748,738 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Datadog by 37.9% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 109,233 shares of the company's stock valued at $15,555,000 after acquiring an additional 30,008 shares during the last quarter. 78.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DDOG has been the topic of several recent research reports. Canadian Imperial Bank of Commerce dropped their target price on shares of Datadog from $240.00 to $215.00 and set an "outperformer" rating on the stock in a report on Monday, April 20th. The Goldman Sachs Group initiated coverage on shares of Datadog in a report on Monday, January 12th. They set a "sell" rating and a $113.00 target price on the stock. Bank of America dropped their target price on shares of Datadog from $215.00 to $170.00 and set a "buy" rating on the stock in a report on Wednesday, April 22nd. Weiss Ratings reiterated a "sell (d+)" rating on shares of Datadog in a report on Monday, April 20th. Finally, Cantor Fitzgerald dropped their target price on shares of Datadog from $220.00 to $150.00 and set an "overweight" rating on the stock in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Datadog has a consensus rating of "Moderate Buy" and an average price target of $177.03.

Insider Buying and Selling

In other Datadog news, CTO Alexis Le-Quoc sold 43,224 shares of the firm's stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $130.84, for a total transaction of $5,655,428.16. Following the completion of the transaction, the chief technology officer directly owned 531,311 shares of the company's stock, valued at approximately $69,516,731.24. This trade represents a 7.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 42,443 shares of the firm's stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $111.14, for a total transaction of $4,717,115.02. Following the transaction, the chief executive officer directly owned 835,679 shares of the company's stock, valued at $92,877,364.06. This represents a 4.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 594,639 shares of company stock worth $72,214,894 in the last three months. Corporate insiders own 6.67% of the company's stock.

Datadog Stock Up 6.3%

DDOG stock opened at $140.53 on Friday. The firm has a 50 day moving average of $121.30 and a 200 day moving average of $137.05. The stock has a market capitalization of $49.55 billion, a PE ratio of 453.32, a price-to-earnings-growth ratio of 50.87 and a beta of 1.30. The company has a quick ratio of 3.38, a current ratio of 3.38 and a debt-to-equity ratio of 0.26. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $201.69.

Datadog (NASDAQ:DDOG - Get Free Report) last released its earnings results on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.04. The company had revenue of $953.19 million during the quarter, compared to analysts' expectations of $916.53 million. Datadog had a net margin of 3.14% and a return on equity of 4.14%. Datadog's revenue for the quarter was up 29.2% on a year-over-year basis. During the same period last year, the business earned $0.49 EPS. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. Sell-side analysts forecast that Datadog, Inc. will post 0.32 earnings per share for the current year.

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.

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