MassMutual Private Wealth & Trust FSB Acquires 92,844 Shares of Datadog, Inc. $DDOG

Key Points

• MassMutual Private Wealth & Trust FSB increased its Datadog stake by 7,711.3% in the third quarter, adding 92,844 shares to hold 94,048 shares valued at approximately $25.8 million. Institutional investors collectively own 78.29% of Datadog.
• Datadog reported quarterly revenue of $1.12 billion, up 35.6% year over year, and adjusted earnings of $0.65 per share, exceeding analyst expectations. The company issued fiscal 2026 EPS guidance of $2.50 to $2.54.
• Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and an average price target of $277.73. However, insiders sold more than 1 million shares worth approximately $245.9 million over the past three months.

MassMutual Private Wealth & Trust FSB raised its holdings in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 7,711.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 94,048 shares of the company's stock after acquiring an additional 92,844 shares during the quarter. MassMutual Private Wealth & Trust FSB's holdings in Datadog were worth $25,755,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. ING Groep NV grew its position in shares of Datadog by 697.3% during the 4th quarter. ING Groep NV now owns 37,519 shares of the company's stock worth $5,102,000 after buying an additional 32,813 shares during the period. Integrated Wealth Concepts LLC grew its holdings in Datadog by 1,691.4% during the second quarter. Integrated Wealth Concepts LLC now owns 186,216 shares of the company's stock valued at $48,483,000 after purchasing an additional 175,821 shares during the period. iA Global Asset Management Inc. grew its holdings in shares of Datadog by 133.7% in the 1st quarter. iA Global Asset Management Inc. now owns 94,540 shares of the company's stock valued at $11,160,000 after buying an additional 54,084 shares during the period. TD Asset Management Inc increased its position in shares of Datadog by 68.9% during the fourth quarter. TD Asset Management Inc now owns 249,202 shares of the company's stock worth $33,889,000 after acquiring an additional 101,666 shares in the last quarter. Finally, Natixis Advisors LLC raised its holdings in shares of Datadog by 19.2% during the fourth quarter. Natixis Advisors LLC now owns 46,987 shares of the company's stock worth $6,390,000 after acquiring an additional 7,558 shares during the period. Institutional investors and hedge funds own 78.29% of the company's stock.

Datadog Price Performance

Datadog stock opened at $277.22 on Monday. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $292.72. The company has a fifty day simple moving average of $243.98 and a 200 day simple moving average of $211.43. The company has a market cap of $99.54 billion, a P/E ratio of 565.77, a price-to-earnings-growth ratio of 27.05 and a beta of 1.51.

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

Insider Activity at Datadog

In other Datadog news, CEO Olivier Pomel sold 127,141 shares of the firm's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $286.71, for a total value of $36,452,596.11. Following the completion of the transaction, the chief executive officer directly owned 612,747 shares in the company, valued at $175,680,692.37. This trade represents a 17.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of the firm's stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $253.36, for a total value of $13,659,144.32. Following the completion of the transaction, the chief technology officer owned 509,805 shares of the company's stock, valued at approximately $129,164,194.80. This represents a 9.56% 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 have sold 1,011,988 shares of company stock valued at $245,906,996 over the last three months. Insiders own 6.48% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on DDOG shares. KeyCorp upped their target price on shares of Datadog from $225.00 to $320.00 and gave the stock an "overweight" rating in a research note on Thursday, July 16th. Robert W. Baird set a $300.00 price target on Datadog in a research note on Friday, August 7th. BMO Capital Markets set a $300.00 price target on Datadog in a report on Friday, August 7th. Scotiabank upped their price objective on Datadog from $275.00 to $285.00 and gave the stock an "outperform" rating in a research report on Friday, August 7th. Finally, DA Davidson reiterated a "buy" rating and set a $315.00 price objective on shares of Datadog in a report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $277.73.

About Datadog

Datadog, Inc is a software company that provides a cloud-based monitoring, observability and security platform. Its services help organizations collect, analyze and visualize data from applications, infrastructure, networks, databases and other technology environments, enabling them to identify performance issues, manage incidents and improve digital services.

The company's product offerings include infrastructure monitoring, application performance monitoring, log management, database and network monitoring, real user and synthetic experience monitoring, cloud security, software supply chain security, incident management and workflow automation.

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