Varma Mutual Pension Insurance Co Takes $8.20 Million Position in Datadog, Inc. $DDOG

Key Points

• Varma Mutual Pension Insurance Co established a new position in Datadog, buying 60,300 shares in Q4 valued at approximately $8.2 million per its latest 13F filing.
• Significant insider selling occurred recently—insiders disposed of 594,639 shares worth about $72.2 million in the past three months, including CEO Olivier Pomel (42,443 shares) and director Amit Agarwal (20,000 shares), executed under Rule 10b5-1 plans.
• Datadog beat estimates for the most recent quarter (EPS $0.59 vs. $0.55 est.; revenue $953.19M vs. $916.53M, up 29.2% YoY) and carries a consensus analyst rating of "Moderate Buy" with a consensus price target of $177.28.

Varma Mutual Pension Insurance Co acquired a new stake in Datadog, Inc. (NASDAQ:DDOG - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 60,300 shares of the company's stock, valued at approximately $8,200,000.

A number of other institutional investors have also modified their holdings of DDOG. Vanguard Group Inc. increased its stake in Datadog by 30.3% in the third 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 increased its position in Datadog by 106.8% during the third quarter. State Street Corp now owns 13,732,777 shares of the company's stock worth $1,955,547,000 after purchasing an additional 7,091,075 shares during the last quarter. Jennison Associates LLC increased its position in Datadog by 43.7% during the fourth quarter. Jennison Associates LLC now owns 7,623,993 shares of the company's stock worth $1,036,787,000 after purchasing an additional 2,316,994 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in Datadog by 0.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,289,570 shares of the company's stock worth $610,835,000 after purchasing an additional 40,276 shares during the last quarter. Finally, Invesco Ltd. increased its position in Datadog by 119.2% during the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company's stock worth $580,383,000 after purchasing an additional 2,216,402 shares during the last quarter. Institutional investors and hedge funds own 78.29% of the company's stock.

Insider Activity at Datadog

In other Datadog news, Director Amit Agarwal sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $131.47, for a total transaction of $2,629,400.00. Following the completion of the sale, the director owned 1,640 shares in the company, valued at $215,610.80. This trade represents a 92.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 42,443 shares of the firm's stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $111.14, for a total value of $4,717,115.02. Following the sale, the chief executive officer owned 835,679 shares of the company's stock, valued at approximately $92,877,364.06. This trade represents a 4.83% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 594,639 shares of company stock valued at $72,214,894. Corporate insiders own 6.67% of the company's stock.

Datadog Price Performance

DDOG stock 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 1 year low of $98.01 and a 1 year high of $201.69. The firm has a market cap of $51.38 billion, a P/E ratio of 470.10, a price-to-earnings-growth ratio of 53.10 and a beta of 1.30. The stock has a 50-day simple moving average of $121.90 and a 200-day simple moving average of $136.78.

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on DDOG shares. Guggenheim raised shares of Datadog from a "neutral" rating to a "buy" rating and set a $175.00 price target for the company in a research report on Thursday, April 9th. DA Davidson restated a "buy" rating and set a $225.00 price target on shares of Datadog in a research note on Monday. BTIG Research dropped their price target on Datadog from $221.00 to $170.00 and set a "buy" rating for the company in a research note on Tuesday, February 10th. Citigroup restated a "buy" rating on shares of Datadog in a research note on Thursday, April 23rd. Finally, Wedbush dropped their price target on Datadog from $215.00 to $190.00 and set an "outperform" rating for the company in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $177.28.

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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