Glynn Capital Management LLC Cuts Stock Position in Datadog, Inc. $DDOG

Key Points

• Glynn Capital Management cut its Datadog stake by 6.3% in the fourth quarter, selling 5,654 shares and leaving it with 83,713 shares valued at about $11.38 million.
• Datadog posted strong quarterly results, with EPS of $0.60 beating estimates and revenue of $1.01 billion topping expectations; revenue also rose 32.1% year over year.
• Despite bullish analyst and AI-related headlines, insider selling has been significant, including CEO Olivier Pomel’s sale of 84,698 shares and CTO Alexis Le-Quoc’s sale of 43,224 shares under 10b5-1 plans.

Glynn Capital Management LLC lowered its position in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 6.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 83,713 shares of the company's stock after selling 5,654 shares during the period. Datadog makes up about 3.9% of Glynn Capital Management LLC's portfolio, making the stock its 12th largest position. Glynn Capital Management LLC's holdings in Datadog were worth $11,384,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Elevation Point Wealth Partners LLC grew its position in shares of Datadog by 3.3% in the 3rd quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company's stock worth $242,000 after buying an additional 55 shares during the last quarter. Chicago Partners Investment Group LLC grew its position in shares of Datadog by 1.6% in the 4th quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company's stock worth $622,000 after buying an additional 73 shares during the last quarter. Vivaldi Capital Management LP boosted its stake in Datadog by 2.8% in the 3rd quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company's stock worth $383,000 after purchasing an additional 74 shares in the last quarter. Westside Investment Management Inc. boosted its stake in Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company's stock worth $27,000 after purchasing an additional 75 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in Datadog by 2.0% in the 4th quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company's stock worth $529,000 after purchasing an additional 78 shares in the last quarter. Hedge funds and other institutional investors own 78.29% of the company's stock.

Datadog Stock Performance

Shares of NASDAQ DDOG opened at $225.24 on Friday. 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. The company has a 50 day simple moving average of $151.89 and a two-hundred day simple moving average of $142.34. The stock has a market cap of $80.18 billion, a price-to-earnings ratio of 592.75, a PEG ratio of 41.56 and a beta of 1.30.

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

Datadog News Summary

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 Buying and Selling at Datadog

In other Datadog news, CEO Olivier Pomel sold 84,698 shares of Datadog stock in a transaction that occurred 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 approximately $167,904,331.98. The trade was a 10.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 43,224 shares of Datadog stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $208.04, for a total transaction of $8,992,320.96. Following the sale, the chief technology officer owned 531,311 shares of the company's stock, valued at approximately $110,533,940.44. The trade was a 7.52% 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. In the last 90 days, insiders sold 970,661 shares of company stock worth $148,952,223. Corporate insiders own 6.48% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on DDOG shares. Monness Crespi & Hardt lifted their target price on shares of Datadog from $255.00 to $270.00 in a research note on Thursday, May 7th. Mizuho lifted their target price on shares of Datadog from $145.00 to $220.00 and gave the stock an "outperform" rating in a research note on Friday, May 8th. Wedbush lifted their target price on shares of Datadog from $190.00 to $220.00 and gave the stock an "outperform" rating in a research note on Thursday, May 7th. Rosenblatt Securities lifted their target price on shares of Datadog from $178.00 to $220.00 and gave the stock a "buy" rating in a research note on Friday, May 8th. Finally, Benchmark reiterated a "buy" rating on shares of Datadog in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $218.95.

Datadog Company 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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