Fideuram Asset Management Ireland dac Makes New $2.90 Million Investment in Datadog, Inc. $DDOG

Key Points

• Fideuram Asset Management Ireland dac initiated a new position in Datadog during the fourth quarter, buying 21,288 shares worth about $2.9 million.
• Institutional ownership remains heavy, with firms like Vanguard, State Street, and Geode increasing stakes; overall, hedge funds and other institutions own 78.29% of Datadog shares.
• Datadog’s latest results were strong, as it beat earnings and revenue estimates and raised guidance, while analysts have broadly turned more bullish with multiple price-target increases.

Fideuram Asset Management Ireland dac purchased a new position in Datadog, Inc. (NASDAQ:DDOG - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 21,288 shares of the company's stock, valued at approximately $2,895,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Datadog by 30.3% in the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company's stock worth $5,966,877,000 after buying an additional 9,748,738 shares in the last quarter. State Street Corp grew its stake in Datadog by 106.8% in the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company's stock worth $1,955,547,000 after buying an additional 7,091,075 shares in the last quarter. Geode Capital Management LLC grew its stake in Datadog by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company's stock worth $1,227,184,000 after buying an additional 197,816 shares in the last quarter. Jennison Associates LLC grew its stake in Datadog by 43.7% in the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company's stock worth $1,036,787,000 after buying an additional 2,316,994 shares in the last quarter. Finally, Invesco Ltd. grew its stake in Datadog by 119.2% in the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company's stock worth $580,383,000 after buying an additional 2,216,402 shares in the last quarter. Hedge funds and other institutional investors own 78.29% of the company's stock.

More Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Bank of America raised its price target on Datadog to $260 from $225, signaling more upside potential even after the stock’s strong run. MarketScreener article
• Positive Sentiment: Datadog and Carahsoft announced that Datadog for Government achieved FedRAMP High certification, which could expand adoption in the federal market and strengthen its security/observability offering. GlobeNewswire article
• Positive Sentiment: Multiple articles highlighted Datadog as a beneficiary of AI and cloud growth, while Wedbush reportedly added the stock to its AI 30 list, reinforcing the bullish long-term growth narrative. Barchart article
• Neutral Sentiment: Zacks described Datadog as a top-ranked growth stock, which supports the bullish case but does not add a specific new catalyst. Zacks article
• Neutral Sentiment: Goldman Sachs reportedly kept a Sell rating while raising its target, and a large insider sale by CEO Olivier Pomel may temper enthusiasm, though the trade was made under a pre-arranged 10b5-1 plan. Insider trade filing

Insider Activity at Datadog

In related news, CEO Olivier Pomel sold 84,698 shares of the company's stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $223.58, for a total transaction of $18,936,778.84. Following the completion of the sale, the chief executive officer directly owned 750,981 shares in the company, valued at $167,904,331.98. This represents a 10.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Amit Agarwal sold 20,000 shares of the company's stock in a transaction on Monday, May 11th. The shares were sold at an average price of $200.13, for a total transaction of $4,002,600.00. Following the sale, the director owned 1,640 shares of the company's stock, valued at $328,213.20. This represents a 92.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 970,661 shares of company stock worth $148,952,223 over the last ninety days. Insiders own 6.48% of the company's stock.

Datadog Stock Up 1.5%

DDOG opened at $225.24 on Friday. The company has a market cap of $80.18 billion, a P/E ratio of 592.75, a P/E/G ratio of 41.56 and a beta of 1.30. The business's 50-day moving average price is $151.89 and its 200-day moving average price is $142.34. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $235.00.

Datadog (NASDAQ:DDOG - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.51 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company's quarterly revenue was up 32.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, equities analysts expect that Datadog, Inc. will post 0.61 EPS for the current year.

Analyst Upgrades and Downgrades

DDOG has been the subject of a number of research reports. Wall Street Zen raised shares of Datadog from a "hold" rating to a "buy" rating in a research note on Saturday, May 16th. Stifel Nicolaus set a $305.00 price target on shares of Datadog in a research note on Thursday, May 7th. Scotiabank boosted their price objective on shares of Datadog from $160.00 to $225.00 and gave the stock an "outperform" rating in a report on Friday, May 8th. Cantor Fitzgerald boosted their price objective on shares of Datadog from $171.00 to $226.00 and gave the stock an "overweight" rating in a report on Tuesday. Finally, Daiwa Securities Group boosted their price objective on shares of Datadog from $190.00 to $240.00 and gave the stock a "buy" rating in a report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, Datadog currently has an average rating of "Moderate Buy" and a consensus target price of $218.95.

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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