Ilmarinen Mutual Pension Insurance Co Sells 4,500 Shares of Datadog, Inc. $DDOG

Key Points

• Ilmarinen Mutual Pension Insurance Co cut its Datadog stake by 7.5% in the fourth quarter, selling 4,500 shares and leaving it with 55,500 shares worth about $7.55 million.
• Datadog continues to draw bullish analyst attention, with Bank of America raising its price target to $260 and several firms increasing targets while maintaining positive ratings.
• The company reported strong quarterly results, beating EPS and revenue estimates with 32.1% year-over-year revenue growth, while also benefiting from momentum tied to AI, cloud growth, and FedRAMP High certification.

Ilmarinen Mutual Pension Insurance Co lowered its position in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 7.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 55,500 shares of the company's stock after selling 4,500 shares during the quarter. Ilmarinen Mutual Pension Insurance Co's holdings in Datadog were worth $7,547,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of DDOG. Rothschild Investment LLC lifted its position in shares of Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company's stock worth $25,000 after acquiring an additional 100 shares during the period. Physician Wealth Advisors Inc. lifted its position in shares of Datadog by 315.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company's stock worth $27,000 after acquiring an additional 145 shares during the period. Westside Investment Management Inc. lifted its position in shares of 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 acquiring an additional 75 shares during the period. JPL Wealth Management LLC bought a new stake in shares of Datadog in the 3rd quarter worth approximately $27,000. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of Datadog in the 3rd quarter worth approximately $28,000. Institutional investors own 78.29% of the company's stock.

Key Stories Impacting Datadog

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

Datadog Stock Performance

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

Datadog (NASDAQ:DDOG - Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share 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 analysts' expectations of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company's quarterly revenue was up 32.1% compared to the same quarter last year. During the same period in the prior year, the firm 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. As a group, research analysts forecast that Datadog, Inc. will post 0.61 earnings per share for the current fiscal year.

Insider Activity

In other Datadog news, insider Yanbing Li sold 19,834 shares of Datadog stock in a transaction on Friday, May 8th. The stock was sold at an average price of $197.35, for a total value of $3,914,239.90. Following the completion of the transaction, the insider owned 285,283 shares in the company, valued at approximately $56,300,600.05. The trade was a 6.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Alexis Le-Quoc sold 43,224 shares of Datadog stock in a transaction on Monday, May 18th. The shares were sold at an average price of $208.04, for a total value of $8,992,320.96. Following the completion of the transaction, 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 position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 970,661 shares of company stock valued at $148,952,223. Corporate insiders own 6.48% of the company's stock.

Wall Street Analysts Forecast Growth

DDOG has been the subject of a number of research reports. Capital One Financial reduced their price objective on Datadog from $157.00 to $135.00 and set an "overweight" rating for the company in a research report on Thursday, April 16th. Cantor Fitzgerald upped their target price on shares of Datadog from $171.00 to $226.00 and gave the company an "overweight" rating in a research note on Tuesday. Daiwa Securities Group upped their target price on shares of Datadog from $190.00 to $240.00 and gave the company a "buy" rating in a research note on Wednesday, May 13th. Stifel Nicolaus set a $305.00 target price on shares of Datadog in a research note on Thursday, May 7th. Finally, Canadian Imperial Bank of Commerce reissued an "outperform" rating and issued a $250.00 target price on shares of Datadog in a research note on Friday, May 8th. One equities research 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 assigned a Sell rating to the company. According to data from MarketBeat.com, Datadog presently has a consensus rating of "Moderate Buy" and an average price target of $218.95.

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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