Maxi Investments CY Ltd Acquires New Position in Datadog, Inc. $DDOG

Maxi Investments CY Ltd acquired a new stake in Datadog, Inc. (NASDAQ:DDOG) during the third quarter, HoldingsChannel reports. The fund acquired 18,950 shares of the company’s stock, valued at approximately $2,698,000.

A number of other institutional investors have also recently bought and sold shares of DDOG. Vanguard Group Inc. boosted its position in shares of Datadog by 30.3% in the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after purchasing an additional 9,748,738 shares during the last quarter. Norges Bank bought a new stake in Datadog in the second quarter valued at about $347,728,000. Invesco Ltd. lifted its stake in Datadog by 119.2% in the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after buying an additional 2,216,402 shares during the period. Dragoneer Investment Group LLC lifted its stake in Datadog by 729.5% in the second quarter. Dragoneer Investment Group LLC now owns 2,254,563 shares of the company’s stock valued at $302,855,000 after buying an additional 1,982,763 shares during the period. Finally, Brown Advisory Inc. boosted its holdings in Datadog by 23.3% during the second quarter. Brown Advisory Inc. now owns 5,983,687 shares of the company’s stock worth $803,793,000 after buying an additional 1,130,675 shares during the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Insider Activity at Datadog

In other news, CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were 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 owned 437,257 shares in the company, valued at $54,871,380.93. This represents a 10.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Olivier Pomel sold 68,922 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $110.54, for a total transaction of $7,618,637.88. Following the sale, the chief executive officer directly owned 704,821 shares of the company’s stock, valued at $77,910,913.34. This represents a 8.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 388,864 shares of company stock worth $48,415,898. Corporate insiders own 6.67% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on DDOG. Stifel Nicolaus set a $160.00 target price on Datadog and gave the stock a “buy” rating in a research report on Thursday, January 22nd. DA Davidson reissued a “buy” rating and set a $225.00 price objective on shares of Datadog in a research note on Tuesday, February 17th. Rosenblatt Securities restated a “buy” rating and set a $185.00 price objective on shares of Datadog in a report on Wednesday, February 11th. Canaccord Genuity Group reaffirmed a “buy” rating on shares of Datadog in a research note on Wednesday, February 11th. Finally, TD Cowen reiterated a “buy” rating on shares of Datadog in a report on Wednesday, January 21st. Thirty-six investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $179.62.

Datadog Trading Up 1.6%

NASDAQ DDOG opened at $126.57 on Tuesday. Datadog, Inc. has a one year low of $81.63 and a one year high of $201.69. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.38. The firm has a market cap of $44.63 billion, a P/E ratio of 408.29, a P/E/G ratio of 34.23 and a beta of 1.31. The stock’s 50-day moving average is $122.93 and its 200-day moving average is $141.68.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $916.53 million. During the same period in the previous year, the firm earned $0.49 EPS. Datadog’s quarterly 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. Sell-side analysts anticipate that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

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.