Temasek Holdings Private Ltd Raises Holdings in Datadog, Inc. $DDOG

Key Points

• Temasek Holdings Private Ltd increased its stake in Datadog, Inc. by 585.0% during the 1st quarter, owning a total of 108,827 shares worth approximately $10.8 million.
• Datadog reported $826.76 million in revenue for the last quarter, exceeding analysts’ estimates, with earnings per share of $0.46 against a consensus of $0.41.
• Institutional investors own 78.29% of Datadog's stock, indicating a strong confidence in the company's market position and fundamentals.

Temasek Holdings Private Ltd boosted its holdings in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 585.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 108,827 shares of the company's stock after acquiring an additional 92,939 shares during the period. Temasek Holdings Private Ltd's holdings in Datadog were worth $10,797,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in Datadog by 3.5% in the first quarter. Vanguard Group Inc. now owns 31,413,032 shares of the company's stock valued at $3,116,487,000 after acquiring an additional 1,058,803 shares during the last quarter. Baillie Gifford & Co. lifted its holdings in Datadog by 12.6% in the first quarter. Baillie Gifford & Co. now owns 12,274,655 shares of the company's stock valued at $1,217,769,000 after acquiring an additional 1,369,522 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Datadog by 259.7% in the first quarter. Goldman Sachs Group Inc. now owns 8,658,340 shares of the company's stock valued at $858,994,000 after acquiring an additional 6,250,942 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Datadog by 23.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,729,254 shares of the company's stock worth $667,611,000 after purchasing an additional 1,261,065 shares in the last quarter. Finally, Brown Advisory Inc. lifted its stake in Datadog by 76.5% during the first quarter. Brown Advisory Inc. now owns 4,853,012 shares of the company's stock worth $481,467,000 after purchasing an additional 2,103,838 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Datadog Stock Down 0.9%

Shares of Datadog stock traded down $1.33 during trading hours on Wednesday, reaching $139.13. 4,858,721 shares of the company were exchanged, compared to its average volume of 5,811,899. Datadog, Inc. has a 1 year low of $81.63 and a 1 year high of $170.08. The stock's fifty day moving average is $137.99 and its 200 day moving average is $119.55. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.43 and a current ratio of 3.43. The firm has a market cap of $48.52 billion, a PE ratio of 397.53, a PEG ratio of 54.93 and a beta of 1.11.

Datadog (NASDAQ:DDOG - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.05. Datadog had a return on equity of 5.04% and a net margin of 4.13%.The business had revenue of $826.76 million for the quarter, compared to analyst estimates of $791.72 million. During the same quarter in the prior year, the company earned $0.43 earnings per share. The company's revenue was up 28.1% on a year-over-year basis. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. As a group, equities research analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current year.

Insider Activity at Datadog

In other news, CEO Olivier Pomel sold 100,754 shares of the stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $131.88, for a total value of $13,287,437.52. Following the transaction, the chief executive officer owned 548,715 shares in the company, valued at approximately $72,364,534.20. This represents a 15.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Alexis Le-Quoc sold 55,352 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $133.83, for a total value of $7,407,758.16. Following the sale, the chief technology officer directly owned 438,885 shares in the company, valued at $58,735,979.55. This trade represents a 11.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,373,448 shares of company stock valued at $179,825,785 over the last quarter. 8.70% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on DDOG shares. Mizuho upped their price target on Datadog from $145.00 to $155.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. Wedbush restated an "outperform" rating and set a $140.00 price target on shares of Datadog in a research note on Wednesday, June 11th. Wolfe Research upgraded Datadog from a "peer perform" rating to an "outperform" rating and set a $150.00 price target on the stock in a research note on Thursday, June 12th. Bank of America upped their price target on Datadog from $150.00 to $175.00 and gave the stock a "buy" rating in a research note on Monday, July 7th. Finally, Barclays set a $170.00 price target on Datadog and gave the stock an "overweight" rating in a research note on Thursday, August 7th. Twenty-four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Datadog has a consensus rating of "Moderate Buy" and an average target price of $153.10.

Datadog Profile

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.