Datadog, Inc. $DDOG Shares Sold by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP cut its Datadog stake by 51.8% in the second quarter, selling 40,050 shares and retaining 37,227 shares valued at approximately $9.7 million. Institutional investors still own about 78.3% of the company.
• Datadog exceeded quarterly expectations, reporting $0.65 in EPS and $1.12 billion in revenue, with revenue up 35.6% year over year. The company provided third-quarter 2026 EPS guidance of $0.63–$0.65.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $276.66, but Datadog’s valuation is elevated at roughly 471 times earnings. Insiders sold more than 1.06 million shares worth approximately $256.8 million last quarter under pre-arranged Rule 10b5-1 plans.

Corient Private Wealth LP trimmed its holdings in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 51.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,227 shares of the company's stock after selling 40,050 shares during the quarter. Corient Private Wealth LP's holdings in Datadog were worth $9,693,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. boosted its stake in shares of Datadog by 8.0% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company's stock worth $20,762,000 after acquiring an additional 11,348 shares in the last quarter. Norges Bank purchased a new stake in Datadog in the 4th quarter worth approximately $469,461,000. MUFG Securities EMEA plc raised its holdings in shares of Datadog by 115.6% during the fourth quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company's stock worth $1,814,000 after acquiring an additional 7,154 shares in the last quarter. BNP Paribas grew its stake in shares of Datadog by 18.4% in the 4th quarter. BNP Paribas now owns 41,280 shares of the company's stock valued at $5,614,000 after buying an additional 6,403 shares in the last quarter. Finally, Allstate Corp raised its holdings in shares of Datadog by 118.1% during the 4th quarter. Allstate Corp now owns 23,367 shares of the company's stock valued at $3,178,000 after purchasing an additional 12,652 shares in the last quarter. Institutional investors and hedge funds own 78.29% of the company's stock.

Datadog Price Performance

Shares of DDOG opened at $230.79 on Thursday. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. The company's fifty day simple moving average is $243.95 and its 200 day simple moving average is $199.87. The company has a market cap of $82.87 billion, a price-to-earnings ratio of 471.01, a PEG ratio of 22.47 and a beta of 1.49. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $292.72.

Datadog (NASDAQ:DDOG - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.07. The company had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The business's revenue was up 35.6% on a year-over-year basis. During the same period last year, the firm posted $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. On average, research analysts forecast that Datadog, Inc. will post 0.7 earnings per share for the current fiscal year.

Insider Activity at Datadog

In other news, CEO Olivier Pomel sold 89,497 shares of Datadog stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $207.86, for a total value of $18,602,846.42. Following the transaction, the chief executive officer owned 586,416 shares in the company, valued at approximately $121,892,429.76. This trade represents a 13.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Obstler sold 40,000 shares of Datadog stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $227.47, for a total value of $9,098,800.00. Following the completion of the transaction, the chief financial officer owned 378,067 shares in the company, valued at approximately $85,998,900.49. This represents a 9.57% decrease in their position. 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 sold a total of 1,060,988 shares of company stock worth $256,761,957 in the last quarter. 6.48% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on DDOG. Wedbush initiated coverage on Datadog in a research report on Friday, September 11th. They set an "outperform" rating and a $275.00 target price for the company. Wells Fargo & Company lifted their price objective on Datadog from $230.00 to $295.00 and gave the stock an "overweight" rating in a report on Monday, July 20th. Arete Research increased their target price on Datadog from $260.00 to $340.00 and gave the stock a "buy" rating in a report on Tuesday, June 23rd. Citizens Jmp lifted their price objective on Datadog from $225.00 to $311.00 and gave the company a "market outperform" rating in a research report on Monday, July 20th. Finally, New Street Research set a $260.00 price target on Datadog in a report on Thursday, June 11th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Datadog has an average rating of "Moderate Buy" and a consensus price target of $276.66.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog’s recurring-revenue software model and expected long-term cash generation could make the stock attractive despite its substantial three-year gains. The bullish case rests on continued expansion in observability, security and cloud-management products. Datadog (DDOG) Stock Could Be A Bargain On Cash Flow
• Positive Sentiment: Analyst sentiment remains broadly favorable. Datadog has a consensus “Moderate Buy” rating, with an average price target of approximately $276.66, well above the recent trading range. Recent targets include $300 from Robert W. Baird, $285 from Scotiabank and $340 from Arete Research. Analysts’ Opinions Are Mixed on These Technology Stocks
• Neutral Sentiment: Recent commentary highlights a debate over whether analyst optimism sufficiently justifies Datadog’s premium valuation relative to other observability and security companies. The stock trades at a very high earnings multiple, making future growth and cash-flow execution especially important. Is Analyst Optimism Enough To Justify Datadog’s Premium Valuation?
• Neutral Sentiment: Institutional ownership is substantial at about 78.3%, and several investment managers increased or initiated positions during the second quarter. That suggests continued institutional interest, though it does not guarantee near-term buying pressure.
• Negative Sentiment: Several executives reported stock sales, including the CFO’s sale of 64,000 shares, the general counsel’s sale of 5,280 shares and the CRO’s sale of 11,710 shares. The transactions were made under pre-arranged Rule 10b5-1 plans, reducing their value as a direct bearish signal, but the concentration of selling may weigh on sentiment.

About Datadog

Datadog, Inc NASDAQ: DDOG is a cloud-based software company that provides monitoring, observability, security and analytics tools for modern applications and information technology environments. Its platform helps organizations collect, correlate and analyze data from servers, databases, applications, containers, networks and cloud services in a unified environment.

The company's products include infrastructure monitoring, application performance monitoring, log management, real user and synthetic monitoring, database monitoring, cloud security, software delivery tools, incident management and cloud cost management.

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