Odyssean LLC Purchases 7,216 Shares of Datadog, Inc. $DDOG

Key Points

• Odyssean LLC increased its Datadog stake by 273.7% in the second quarter, purchasing 7,216 additional shares and bringing its holdings to 9,852 shares valued at approximately $2.565 million. Institutional investors collectively own 78.29% of Datadog.
• Datadog reported strong quarterly performance, with EPS of $0.65 beating estimates of $0.58 and revenue rising 35.6% year over year to $1.12 billion. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $276.32.
• High valuation and insider selling remain risks. Datadog trades at a price-to-earnings ratio above 完善430, while insiders sold about 1.32 million shares worth $318.8 million last quarter, largely through pre-arranged trading plans and tax-related transactions.

Odyssean LLC increased its position in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 273.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,852 shares of the company's stock after purchasing an additional 7,216 shares during the quarter. Odyssean LLC's holdings in Datadog were worth $2,565,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Nomura Asset Management Co. Ltd. lifted its stake in Datadog by 8.0% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company's stock worth $20,762,000 after purchasing an additional 11,348 shares during the period. Norges Bank bought a new stake in shares of Datadog in the 4th quarter valued at approximately $469,461,000. MUFG Securities EMEA plc raised its holdings in shares of Datadog by 115.6% in the 4th quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company's stock worth $1,814,000 after buying an additional 7,154 shares in the last quarter. BNP Paribas lifted its position in shares of Datadog by 18.4% during the 4th quarter. BNP Paribas now owns 41,280 shares of the company's stock worth $5,614,000 after buying an additional 6,403 shares during the period. Finally, Crossmark Global Holdings Inc. lifted its position in shares of Datadog by 90.1% during the 4th quarter. Crossmark Global Holdings Inc. now owns 9,967 shares of the company's stock worth $1,355,000 after buying an additional 4,723 shares during the period. Institutional investors and hedge funds own 78.29% of the company's stock.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Strong Snowflake results supported the software sector. Snowflake’s better-than-expected earnings and outlook renewed optimism about enterprise spending on data infrastructure, artificial intelligence and observability tools—markets that could benefit Datadog. Snowflake earnings and Datadog article
• Positive Sentiment: Datadog’s latest operating results remain strong. The company most recently reported quarterly EPS of $0.65 versus the $0.58 consensus estimate, while revenue reached $1.12 billion, up 35.6% year over year and above expectations. Management issued third-quarter 2026 EPS guidance of $0.63–$0.65 and full-year guidance of $2.50–$2.54. Datadog stock and earnings information
• Neutral Sentiment: Analyst sentiment remains favorable, but expectations are high. Datadog carries a consensus “Moderate Buy” rating and an average analyst price target of $276.32, although the stock’s very high earnings multiple leaves it sensitive to changes in growth expectations and interest rates.
• Negative Sentiment: Multiple executives reported stock sales. On September 2, the CEO, CFO, CTO, COO, CRO and general counsel collectively sold roughly $23.5 million of shares. Each filing stated that the sales were made to cover tax-withholding obligations related to vested equity awards, reducing the likelihood that they represent a direct negative view of Datadog’s prospects. Datadog CEO insider sale filing
• Negative Sentiment: Additional CTO selling adds an overhang. Alexis Le-Quoc sold 53,912 shares for approximately $12.2 million on September 1 under a pre-arranged Rule 10b5-1 plan. The scheduled nature of the transaction makes it less informative, but the scale of the sale may still pressure sentiment. Datadog CTO insider sale filing

Insider Buying and Selling

In other news, CTO Alexis Le-Quoc sold 53,912 shares of the firm's stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $257.24, for a total value of $13,868,322.88. Following the transaction, the chief technology officer directly owned 509,805 shares in the company, valued at $131,142,238.20. This trade represents a 9.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Obstler sold 75,000 shares of Datadog stock in a transaction on Monday, June 8th. The stock was sold at an average price of $231.69, for a total value of $17,376,750.00. Following the sale, the chief financial officer directly owned 434,591 shares of the company's stock, valued at approximately $100,690,388.79. This trade represents a 14.72% 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 quarter, insiders sold 1,316,730 shares of company stock worth $318,791,080. Company insiders own 6.48% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on DDOG shares. Wall Street Zen upgraded Datadog from a "hold" rating to a "buy" rating in a research note on Saturday, May 16th. Morgan Stanley raised their price objective on shares of Datadog from $225.00 to $300.00 and gave the stock an "overweight" rating in a report on Tuesday, July 28th. Robert W. Baird set a $300.00 target price on Datadog in a report on Friday, August 7th. Oppenheimer raised their price target on Datadog from $220.00 to $300.00 and gave the company an "outperform" rating in a report on Monday, July 20th. Finally, Wolfe Research reissued an "outperform" rating and issued a $295.00 price objective on shares of Datadog in a research note on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $276.32.

Datadog Trading Down 0.9%

DDOG opened at $212.93 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. The company has a market cap of $76.46 billion, a price-to-earnings ratio of 434.56, a price-to-earnings-growth ratio of 21.03 and a beta of 1.49. The firm has a 50 day simple moving average of $249.65 and a 200 day simple moving average of $193.28. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $292.72.

Datadog (NASDAQ:DDOG - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The firm had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.08 billion. During the same period last year, the firm earned $0.46 earnings per share. The business'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. On average, sell-side analysts anticipate that Datadog, Inc. will post 0.7 earnings per share for the current year.

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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