Stevens Capital Management LP Buys New Shares in Datadog, Inc. $DDOG

Stevens Capital Management LP purchased a new stake in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 9,261 shares of the company's stock, valued at approximately $1,259,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Datadog by 30.3% during the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company's stock valued at $5,966,877,000 after purchasing an additional 9,748,738 shares during the last quarter. State Street Corp lifted its position in Datadog by 106.8% in the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company's stock worth $1,955,547,000 after buying an additional 7,091,075 shares during the last quarter. Jennison Associates LLC lifted its position in Datadog by 43.7% in the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company's stock worth $1,036,787,000 after buying an additional 2,316,994 shares during the last quarter. Invesco Ltd. boosted its stake in Datadog by 119.2% in the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company's stock worth $580,383,000 after buying an additional 2,216,402 shares in the last quarter. Finally, AQR Capital Management LLC boosted its stake in Datadog by 99.8% in the second quarter. AQR Capital Management LLC now owns 1,847,722 shares of the company's stock worth $247,983,000 after buying an additional 923,038 shares in the last quarter. Institutional investors own 78.29% of the company's stock.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: DA Davidson reaffirmed a "buy" rating and kept a lofty $225 price target, signaling strong analyst conviction and a potential catalyst for further upside. DA Davidson buy reaffirmed
• Positive Sentiment: Jefferies raised its price target to $170 (from $160) and maintained a buy rating, citing upside vs. the current price — another bullish endorsement that can support the rally into earnings. Jefferies raises price target
• Positive Sentiment: Wall Street consensus still implies meaningful upside — 247WallStreet highlights an average analyst target (~$176.95) implying roughly 26% upside from recent levels, which can attract value-seeking buyers. Wall Street sees upside
• Positive Sentiment: Technical indicators are bullish: multiple outlets note DDOG crossed above key short-to-intermediate trendlines (80-day/other), a move that historically preceded positive returns and likely fueled recent buying ahead of earnings. Trendline crossover
• Neutral Sentiment: Pre-earnings previews (Zacks) note strong AI-driven momentum and healthy bookings for Q1, but call out margin pressure and customer concentration as near-term risk factors — a mixed fundamental backdrop that could amplify post-earnings volatility. Zacks earnings preview
• Neutral Sentiment: Options-focused commentary (Barchart) highlights strategies like selling puts into earnings to capture elevated volatility — this reflects increased options activity and higher implied volatility rather than a direct fundamental change to Datadog's outlook. Options/volatility piece

Insider Transactions at Datadog

In other Datadog news, CEO Olivier Pomel sold 42,443 shares of the stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $111.14, for a total value of $4,717,115.02. Following the completion of the sale, the chief executive officer owned 835,679 shares in the company, valued at approximately $92,877,364.06. This trade represents a 4.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 43,224 shares of Datadog stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $130.84, for a total value of $5,655,428.16. Following the completion of the sale, the chief technology officer owned 531,311 shares in the company, valued at approximately $69,516,731.24. This represents a 7.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 594,639 shares of company stock worth $72,214,894. Company insiders own 6.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Wedbush decreased their price target on shares of Datadog from $215.00 to $190.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 11th. The Goldman Sachs Group assumed coverage on shares of Datadog in a research note on Monday, January 12th. They issued a "sell" rating and a $113.00 price objective for the company. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Datadog in a report on Monday, April 20th. BTIG Research decreased their target price on shares of Datadog from $221.00 to $170.00 and set a "buy" rating on the stock in a research report on Tuesday, February 10th. Finally, Robert W. Baird set a $180.00 price target on shares of Datadog in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $177.28.

Datadog Stock Performance

NASDAQ:DDOG opened at $145.73 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.38 and a current ratio of 3.38. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $201.69. The firm has a market cap of $51.38 billion, a PE ratio of 470.10, a price-to-earnings-growth ratio of 53.10 and a beta of 1.30. The business has a 50 day moving average price of $121.90 and a 200-day moving average price of $136.78.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.04. The company had revenue of $953.19 million during the quarter, compared to analyst estimates of $916.53 million. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The firm's revenue was up 29.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.49 EPS. 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 predict that Datadog, Inc. will post 0.32 earnings per share for the current year.

Datadog 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.