Victory Capital Management Inc. Sells 11,045 Shares of Datadog, Inc. $DDOG

Key Points

• Victory Capital Management trimmed its Datadog stake by 1.5%, selling 11,045 shares and leaving it with 716,926 shares (about 0.21% of the company) valued at roughly $102.09 million; institutional investors own about 78.29% of the stock.
• Company insiders have been net sellers—CEO Olivier Pomel sold 68,922 shares (~$7.62M) and insiders sold 292,993 shares (~$38.7M) in the past three months—yet analysts keep a consensus "Moderate Buy" with an average target of $179.62 after Datadog posted an EPS beat ($0.59 vs. $0.55) and 29.2% revenue growth ($953.2M) for the quarter.

Victory Capital Management Inc. cut its holdings in Datadog, Inc. (NASDAQ:DDOG - Free Report) by 1.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 716,926 shares of the company's stock after selling 11,045 shares during the period. Victory Capital Management Inc. owned 0.21% of Datadog worth $102,090,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of DDOG. Westside Investment Management Inc. raised its holdings in Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company's stock worth $27,000 after purchasing an additional 75 shares during the period. Rothschild Investment LLC increased its position in Datadog by 126.6% in the third quarter. Rothschild Investment LLC now owns 179 shares of the company's stock worth $25,000 after buying an additional 100 shares in the last quarter. Tripletail Wealth Management LLC bought a new position in shares of Datadog in the third quarter worth about $28,000. Physician Wealth Advisors Inc. lifted its position in shares of Datadog by 315.2% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company's stock valued at $27,000 after buying an additional 145 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. bought a new position in shares of Datadog during the 3rd quarter valued at approximately $28,000. Institutional investors own 78.29% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on DDOG. Robert W. Baird set a $180.00 price target on shares of Datadog in a report on Wednesday, February 11th. Royal Bank Of Canada lowered their target price on shares of Datadog from $175.00 to $150.00 and set an "outperform" rating on the stock in a research note on Monday, February 9th. Citizens Jmp reissued a "market perform" rating on shares of Datadog in a report on Wednesday, February 11th. Piper Sandler dropped their price objective on Datadog from $225.00 to $195.00 and set an "overweight" rating for the company in a research note on Monday, January 5th. Finally, Mizuho decreased their target price on Datadog from $200.00 to $170.00 and set an "outperform" rating on the stock in a research note on Wednesday, January 21st. Thirty-six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Datadog currently has a consensus rating of "Moderate Buy" and an average target price of $179.62.

Datadog Price Performance

NASDAQ:DDOG opened at $118.33 on Thursday. The company has a market capitalization of $41.72 billion, a P/E ratio of 381.71, a P/E/G ratio of 30.72 and a beta of 1.31. The business's 50-day moving average is $124.64 and its 200 day moving average is $141.87. The company has a current ratio of 3.38, a quick ratio of 3.38 and a debt-to-equity ratio of 0.26. Datadog, Inc. has a 12 month low of $81.63 and a 12 month high of $201.69.

Datadog (NASDAQ:DDOG - Get Free Report) last issued 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 business had revenue of $953.19 million for the quarter, compared to analysts' expectations of $916.53 million. During the same period in the prior year, the firm earned $0.49 EPS. The company's revenue for the quarter was up 29.2% on a year-over-year basis. 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 research analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Shardul Shah sold 7,916 shares of the stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $124.89, for a total value of $988,629.24. Following the completion of the transaction, the director owned 340,701 shares of the company's stock, valued at approximately $42,550,147.89. This trade represents a 2.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Olivier Pomel sold 68,922 shares of the business's 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 sale, the chief executive officer directly owned 704,821 shares in the company, valued at $77,910,913.34. The trade was a 8.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 292,993 shares of company stock valued at $38,734,569 in the last three months. Corporate insiders own 8.70% of the company's stock.

Datadog Company 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.

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