Kornitzer Capital Management Inc. KS Cuts Stock Holdings in Datadog, Inc. $DDOG

Key Points

• Kornitzer Capital Management cut its Datadog stake by 70.5% in Q4, selling 38,000 shares and leaving the firm with 15,900 shares worth about $2.16 million.
• Significant insider selling: CEO Olivier Pomel sold 68,922 shares (~$7.62M) and CRO Sean Walters sold 22,330 shares (~$2.81M), with insiders disposing of 594,639 shares worth roughly $72.21M over the past 90 days (insiders now own 6.67%).
• Datadog beat Q4 expectations with $953.2M in revenue and $0.59 EPS, issued FY2026 guidance of $2.08–2.16 EPS, and currently carries a consensus analyst rating of "Moderate Buy" with an average price target of $177.03.

Kornitzer Capital Management Inc. KS decreased its stake in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) by 70.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,900 shares of the company's stock after selling 38,000 shares during the period. Kornitzer Capital Management Inc. KS's holdings in Datadog were worth $2,162,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. PFA Pension Forsikringsaktieselskab bought a new stake in Datadog during the fourth quarter worth $22,841,000. Danske Bank A S lifted its holdings in Datadog by 18.5% during the fourth quarter. Danske Bank A S now owns 168,671 shares of the company's stock worth $22,938,000 after acquiring an additional 26,300 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in Datadog by 8.7% during the fourth quarter. Oppenheimer & Co. Inc. now owns 15,844 shares of the company's stock worth $2,155,000 after acquiring an additional 1,266 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in Datadog by 20.0% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 25,744 shares of the company's stock worth $3,501,000 after acquiring an additional 4,288 shares during the period. Finally, New York State Teachers Retirement System lifted its holdings in Datadog by 9.6% during the fourth quarter. New York State Teachers Retirement System now owns 236,230 shares of the company's stock worth $32,125,000 after acquiring an additional 20,788 shares during the period. 78.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO Olivier Pomel sold 68,922 shares of the business's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $110.54, for a total transaction of $7,618,637.88. Following the completion of the transaction, the chief executive officer directly owned 704,821 shares in the company, valued at $77,910,913.34. The trade was a 8.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CRO Sean Michael Walters sold 22,330 shares of the business's stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $125.68, for a total value of $2,806,434.40. Following the transaction, the executive owned 238,384 shares of the company's stock, valued at approximately $29,960,101.12. The trade was a 8.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 594,639 shares of company stock worth $72,214,894 over the last ninety days. 6.67% of the stock is owned by corporate insiders.

Datadog Price Performance

Shares of NASDAQ DDOG opened at $140.53 on Friday. The stock has a market cap of $49.55 billion, a PE ratio of 453.32, a price-to-earnings-growth ratio of 50.87 and a beta of 1.30. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week 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 stock has a fifty day moving average of $121.30 and a 200-day moving average of $137.05.

Datadog (NASDAQ:DDOG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The company had revenue of $953.19 million during the quarter, compared to analysts' expectations of $916.53 million. During the same period in the previous year, the business earned $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. Equities research analysts anticipate that Datadog, Inc. will post 0.32 earnings per share for the current year.

Wall Street Analysts Forecast Growth

DDOG has been the topic of a number of recent analyst reports. Bank of America dropped their price target on Datadog from $215.00 to $170.00 and set a "buy" rating on the stock in a report on Wednesday, April 22nd. Wall Street Zen lowered Datadog from a "buy" rating to a "hold" rating in a report on Saturday, January 17th. Canaccord Genuity Group reiterated a "buy" rating on shares of Datadog in a report on Wednesday, February 11th. Rothschild & Co Redburn assumed coverage on Datadog in a report on Thursday, April 23rd. They set a "buy" rating and a $170.00 price target on the stock. Finally, Evercore lowered their target price on Datadog from $215.00 to $175.00 and set an "outperform" rating on the stock in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Datadog presently has an average rating of "Moderate Buy" and a consensus price target of $177.03.

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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