Mirae Asset Global Investments Co. Ltd. Makes New Investment in Datadog, Inc. $DDOG

Key Points

• Mirae Asset Global Investments acquired 302,166 Datadog shares worth approximately $82.7 million, taking a 0.08% stake. Institutional investors collectively own 78.29% of the company.
• Datadog reported strong recent results, with revenue up 35.6% year over year to $1.12 billion and adjusted EPS of $0.65, beating analyst expectations. Wall Street expects continued growth, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $287.22.
• Investor sentiment is mixed: Datadog was recognized as a leader in Forrester’s AIOps evaluation, while the stock has faced broader technology-sector selling and significant insider sales conducted under pre-arranged Rule 10b5-1 plans.

Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 302,166 shares of the company's stock, valued at approximately $82,748,000. Mirae Asset Global Investments Co. Ltd. owned 0.08% of Datadog as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. ProShare Advisors LLC increased its holdings in shares of Datadog by 8.1% during the third quarter. ProShare Advisors LLC now owns 399,562 shares of the company's stock worth $109,420,000 after buying an additional 29,986 shares in the last quarter. Vise Technologies Inc. raised its stake in shares of Datadog by 26.1% in the third quarter. Vise Technologies Inc. now owns 9,406 shares of the company's stock valued at $2,576,000 after acquiring an additional 1,945 shares during the last quarter. MGO One Seven LLC raised its stake in shares of Datadog by 1.8% in the third quarter. MGO One Seven LLC now owns 8,645 shares of the company's stock valued at $2,367,000 after acquiring an additional 156 shares during the last quarter. Americana Partners LLC boosted its holdings in shares of Datadog by 29.7% in the 3rd quarter. Americana Partners LLC now owns 1,080 shares of the company's stock worth $296,000 after acquiring an additional 247 shares in the last quarter. Finally, Left Brain Wealth Management LLC boosted its holdings in shares of Datadog by 308.4% in the 3rd quarter. Left Brain Wealth Management LLC now owns 6,881 shares of the company's stock worth $1,884,000 after acquiring an additional 5,196 shares in the last quarter. 78.29% of the stock is owned by institutional investors.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog was named a Leader in the Forrester Wave: AIOps Platforms, Q4 2026. The recognition highlights its AI-powered observability platform and Bits AI capabilities for detecting, investigating and remediating operational issues, potentially strengthening its competitive position. Datadog Named a Leader in AIOps Platforms Research
• Positive Sentiment: A Wells Fargo analyst reportedly expects Datadog’s stock price to rise, providing some analyst support ahead of the company’s upcoming results. Datadog Stock Price Expected to Rise
• Neutral Sentiment: Wall Street is concentrating on Datadog’s third-quarter 2026 metrics, including revenue growth, customer additions, usage trends and profitability. The company’s latest reported quarter showed revenue growth of 35.6% year over year and adjusted EPS above expectations, but investors are likely demanding continued strength. Datadog Q3 Earnings Projections
• Negative Sentiment: Datadog fell alongside other cybersecurity and technology software stocks even as a major Binance cryptocurrency theft underscored demand for digital-security products. The move suggests broad market and sector selling, rather than a deterioration in Datadog’s fundamentals, is currently dominating trading. Datadog and Cybersecurity Stocks Fall
• Negative Sentiment: CTO Alexis Le-Quoc sold 43,224 shares worth approximately $12.1 million. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal, although insider selling can still weigh on sentiment. SEC Insider Trading Filing

Datadog Stock Performance

Datadog stock opened at $235.27 on Friday. 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 $300.68. The company has a market cap of $84.48 billion, a PE ratio of 480.15, a PEG ratio of 22.97 and a beta of 1.51. The company's 50-day moving average is $251.27 and its two-hundred day moving average is $198.14.

Datadog (NASDAQ:DDOG - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter last year, the firm earned $0.46 EPS. The company's revenue for the quarter was up 35.6% on a year-over-year basis. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Equities analysts anticipate that Datadog, Inc. will post 0.70 earnings per share for the current year.

Analyst Upgrades and Downgrades

DDOG has been the topic of a number of research analyst reports. Benchmark restated a "buy" rating on shares of Datadog in a research report on Tuesday, July 28th. Mizuho raised their price target on Datadog from $300.00 to $330.00 and gave the company an "outperform" rating in a report on Thursday, October 15th. UBS Group lifted their price objective on Datadog from $280.00 to $320.00 and gave the company a "buy" rating in a research report on Tuesday, October 27th. BTIG Research boosted their price objective on Datadog from $255.00 to $289.00 and gave the stock a "buy" rating in a research note on Tuesday, July 28th. Finally, The Goldman Sachs Group restated a "sell" rating and set a $158.00 target price on shares of Datadog in a report on Friday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $287.22.

Insider Activity at Datadog

In related news, CFO David Obstler sold 40,000 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $227.47, for a total value of $9,098,800.00. Following the transaction, the chief financial officer directly owned 378,067 shares in the company, valued at $85,998,900.49. This represents a 9.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 127,141 shares of the firm's stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $286.71, for a total transaction 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 approximately $175,680,692.37. The trade was a 17.18% 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 904,934 shares of company stock worth $220,279,519 over the last ninety days. Company insiders own 6.48% of the company's stock.

About Datadog

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog's products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.

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