State of New Jersey Common Pension Fund D Boosts Holdings in Datadog, Inc. $DDOG

State of New Jersey Common Pension Fund D lifted its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 6.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 100,621 shares of the company’s stock after buying an additional 6,021 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Datadog were worth $14,328,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the business. PKO Investment Management Joint Stock Co purchased a new position in shares of Datadog during the third quarter worth $1,709,000. Munro Partners acquired a new position in Datadog during the 3rd quarter worth about $7,120,000. Hartford Investment Management Co. purchased a new position in Datadog during the 3rd quarter valued at about $2,689,000. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its position in Datadog by 134.5% in the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 31,142 shares of the company’s stock valued at $4,435,000 after acquiring an additional 17,860 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Datadog by 37.9% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 109,233 shares of the company’s stock valued at $15,555,000 after acquiring an additional 30,008 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Datadog Stock Performance

Shares of DDOG stock opened at $125.20 on Tuesday. The company has a market cap of $43.90 billion, a P/E ratio of 403.87, a PEG ratio of 34.26 and a beta of 1.27. The firm has a fifty day moving average price of $131.65 and a 200 day moving average price of $143.45. The company has a current ratio of 3.38, a quick ratio of 3.66 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) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. The company had revenue of $953.19 million for the quarter, compared to analysts’ expectations of $916.53 million. Datadog had a return on equity of 4.14% and a net margin of 3.14%.Datadog’s quarterly revenue was up 29.2% on a year-over-year basis. During the same period 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. Sell-side analysts predict that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Insider Activity at Datadog

In other Datadog news, CFO David M. Obstler sold 12,513 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $158.60, for a total value of $1,984,561.80. Following the transaction, the chief financial officer directly owned 374,138 shares in the company, valued at $59,338,286.80. This represents a 3.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Olivier Pomel sold 32,923 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $154.63, for a total transaction of $5,090,883.49. Following the sale, the chief executive officer directly owned 518,133 shares in the company, valued at approximately $80,118,905.79. The trade was a 5.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 380,515 shares of company stock valued at $55,760,478 over the last three months. 8.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Wolfe Research lowered their price objective on shares of Datadog from $185.00 to $160.00 and set an “outperform” rating for the company in a research note on Tuesday, February 10th. Raymond James Financial reduced their target price on shares of Datadog from $205.00 to $170.00 and set an “outperform” rating on the stock in a report on Tuesday, February 10th. Royal Bank Of Canada dropped their price target on shares of Datadog from $175.00 to $150.00 and set an “outperform” rating for the company in a research note on Monday, February 9th. Wells Fargo & Company increased their price objective on Datadog from $190.00 to $230.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Finally, Jefferies Financial Group decreased their target price on Datadog from $180.00 to $160.00 and set a “buy” rating for the company in a report on Friday, February 6th. Thirty-seven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $179.50.

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.