Vanguard Group Inc. Boosts Stake in Datadog, Inc. $DDOG

Vanguard Group Inc. boosted its position in shares of Datadog, Inc. (NASDAQ:DDOG - Free Report) by 0.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 41,912,928 shares of the company's stock after acquiring an additional 10,701 shares during the quarter. Vanguard Group Inc. owned 11.95% of Datadog worth $5,699,739,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Rothschild Investment LLC grew its holdings in Datadog by 126.6% during the third quarter. Rothschild Investment LLC now owns 179 shares of the company's stock valued at $25,000 after purchasing an additional 100 shares during the period. Physician Wealth Advisors Inc. grew its holdings in Datadog by 315.2% during the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company's stock valued at $27,000 after purchasing an additional 145 shares during the period. Westside Investment Management Inc. grew its holdings in Datadog by 74.3% during the third quarter. Westside Investment Management Inc. now owns 176 shares of the company's stock valued at $27,000 after purchasing an additional 75 shares during the period. JPL Wealth Management LLC bought a new stake in Datadog during the third quarter valued at about $27,000. Finally, Tripletail Wealth Management LLC bought a new stake in Datadog during the third quarter valued at about $28,000. Hedge funds and other institutional investors own 78.29% of the company's stock.

Insider Activity at Datadog

In related news, CEO Olivier Pomel sold 68,922 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $110.54, for a total value of $7,618,637.88. Following the transaction, the chief executive officer owned 704,821 shares of the company's stock, valued at $77,910,913.34. This represents a 8.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Alexis Le-Quoc sold 53,912 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $125.49, for a total value of $6,765,416.88. Following the completion of the transaction, the chief technology officer directly owned 437,257 shares in the company, valued at approximately $54,871,380.93. This trade represents a 10.98% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 607,057 shares of company stock worth $74,156,108. 6.67% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have issued reports on DDOG. Piper Sandler cut their price target on Datadog from $225.00 to $195.00 and set an "overweight" rating for the company in a report on Monday, January 5th. Benchmark began coverage on Datadog in a research report on Wednesday, April 1st. They issued a "buy" rating on the stock. Wolfe Research decreased their price objective on Datadog from $185.00 to $160.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 10th. Bank of America decreased their price objective on Datadog from $215.00 to $170.00 and set a "buy" rating on the stock in a research report on Wednesday, April 22nd. Finally, Daiwa Securities Group began coverage on Datadog in a research report on Tuesday, January 27th. They set a "buy" rating and a $190.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $177.20.

Datadog Trading Up 2.5%

Shares of NASDAQ DDOG opened at $132.66 on Tuesday. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $201.69. The company has a market cap of $46.77 billion, a price-to-earnings ratio of 427.94, a PEG ratio of 46.87 and a beta of 1.29. The business's 50 day moving average price is $120.64 and its 200-day moving average price is $137.49. 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 (NASDAQ:DDOG - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.04. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The company had revenue of $953.19 million for the quarter, compared to analysts' expectations of $916.53 million. During the same quarter in the prior year, the firm earned $0.49 earnings per share. Datadog's revenue was up 29.2% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. On average, sell-side analysts expect that Datadog, Inc. will post 0.32 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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