Datadog, Inc. $DDOG Shares Acquired by Meiji Yasuda Asset Management Co Ltd.

Key Points

• Meiji Yasuda Asset Management increased its Datadog stake by 74% in Q3 to 24,130 shares, worth about $3.44 million, and institutional investors now own roughly 78.29% of the company.
• Datadog beat expectations last quarter with $0.59 EPS (vs. $0.55 expected) and revenue of $953.2M (up 29.2% year-over-year), and set FY2026 guidance of EPS 2.080–2.160.
• Analyst sentiment remains bullish—36 Buy, 4 Hold, 2 Sell—with an average price target of $179.62 (a "Moderate Buy") versus the current share price of about $125.75.

Meiji Yasuda Asset Management Co Ltd. increased its holdings in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 74.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,130 shares of the company's stock after buying an additional 10,264 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.'s holdings in Datadog were worth $3,436,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Westside Investment Management Inc. increased its holdings in shares of Datadog by 74.3% during the third quarter. Westside Investment Management Inc. now owns 176 shares of the company's stock valued at $27,000 after purchasing an additional 75 shares during the period. Nilsine Partners LLC grew its position in Datadog by 2.4% in the 3rd quarter. Nilsine Partners LLC now owns 3,396 shares of the company's stock valued at $484,000 after buying an additional 78 shares in the last quarter. PDS Planning Inc increased its stake in Datadog by 4.2% during the 3rd quarter. PDS Planning Inc now owns 1,975 shares of the company's stock valued at $281,000 after buying an additional 80 shares during the period. Ameritas Investment Partners Inc. increased its stake in Datadog by 0.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 10,466 shares of the company's stock valued at $1,406,000 after buying an additional 82 shares during the period. Finally, Prostatis Group LLC raised its position in shares of Datadog by 4.6% during the 3rd quarter. Prostatis Group LLC now owns 1,958 shares of the company's stock worth $279,000 after buying an additional 87 shares in the last quarter. Institutional investors own 78.29% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on DDOG shares. Rosenblatt Securities reaffirmed a "buy" rating and issued a $185.00 price target on shares of Datadog in a research note on Wednesday, February 11th. Wedbush cut their target price on Datadog from $215.00 to $190.00 and set an "outperform" rating for the company in a research report on Wednesday, February 11th. Scotiabank decreased their price target on Datadog from $180.00 to $160.00 and set a "sector outperform" rating for the company in a research note on Wednesday, February 11th. DA Davidson reiterated a "buy" rating and set a $225.00 price target on shares of Datadog in a research report on Tuesday, February 17th. Finally, Canaccord Genuity Group restated a "buy" rating on shares of Datadog in a report on Wednesday, February 11th. Thirty-six investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $179.62.

Datadog Trading Up 2.8%

Shares of NASDAQ:DDOG opened at $125.75 on Monday. The stock has a market capitalization of $44.34 billion, a price-to-earnings ratio of 405.65, a PEG ratio of 34.56 and a beta of 1.31. Datadog, Inc. has a 1-year low of $81.63 and a 1-year high of $201.69. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.38 and a current ratio of 3.38. The company has a 50 day moving average price of $124.08 and a 200 day moving average price of $141.90.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.04. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The firm had revenue of $953.19 million for the quarter, compared to analyst estimates of $916.53 million. During the same quarter in the previous year, the business posted $0.49 earnings per share. The firm's quarterly revenue was up 29.2% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. On average, research analysts anticipate that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CTO Alexis Le-Quoc sold 43,106 shares of the business's stock in a transaction on Monday, January 5th. The stock was sold at an average price of $133.93, for a total transaction of $5,773,186.58. Following the sale, the chief technology officer directly owned 301,458 shares of the company's stock, valued at $40,374,269.94. The trade was a 12.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Shardul Shah sold 7,916 shares of the stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $124.89, for a total value of $988,629.24. Following the completion of the transaction, the director owned 340,701 shares of the company's stock, valued at $42,550,147.89. This trade represents a 2.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 239,081 shares of company stock worth $30,429,425 in the last three months. 8.70% of the stock is currently owned by insiders.

Datadog Profile

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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