GC Wealth Management RIA LLC Reduces Position in Datadog, Inc. $DDOG

GC Wealth Management RIA LLC lowered its position in Datadog, Inc. (NASDAQ:DDOG) by 34.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,580 shares of the company’s stock after selling 5,583 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Datadog were worth $1,439,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in Datadog by 30.3% during 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 period. State Street Corp raised its holdings in shares of Datadog by 106.8% in the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock valued at $1,955,547,000 after buying an additional 7,091,075 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Datadog by 0.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,289,570 shares of the company’s stock valued at $610,835,000 after buying an additional 40,276 shares during the last quarter. Invesco Ltd. boosted its stake in shares of 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 buying an additional 2,216,402 shares during the period. Finally, Northern Trust Corp boosted its stake in shares of Datadog by 45.0% during the third quarter. Northern Trust Corp now owns 2,707,291 shares of the company’s stock worth $385,518,000 after buying an additional 840,633 shares during the period. 78.29% of the stock is owned by institutional investors and hedge funds.

Datadog Price Performance

Datadog stock opened at $133.98 on Thursday. The company has a market cap of $47.24 billion, a P/E ratio of 432.19, a price-to-earnings-growth ratio of 48.02 and a beta of 1.29. Datadog, Inc. has a one year low of $98.01 and a one year high of $201.69. The business has a fifty day moving average of $121.07 and a two-hundred day moving average of $137.27. 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) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. The business had revenue of $953.19 million for the quarter, compared to analysts’ expectations of $916.53 million. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The business’s revenue for the quarter was up 29.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.49 EPS. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. As a group, analysts predict that Datadog, Inc. will post 0.32 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Royal Bank Of Canada dropped their price target on Datadog from $175.00 to $150.00 and set an “outperform” rating on the stock in a research report on Monday, February 9th. Sanford C. Bernstein dropped their target price on Datadog from $180.00 to $167.00 and set an “outperform” rating on the stock in a report on Wednesday, April 22nd. Citigroup restated a “buy” rating on shares of Datadog in a research note on Thursday, April 23rd. Piper Sandler decreased 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. Finally, Evercore lowered their price objective on shares of Datadog from $215.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $177.20.

Insiders Place Their Bets

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of the stock in a transaction dated 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 directly owned 437,257 shares of the company’s stock, valued at approximately $54,871,380.93. This trade represents a 10.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CRO Sean Michael Walters sold 22,330 shares of Datadog stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $125.68, for a total transaction of $2,806,434.40. Following the sale, the executive owned 238,384 shares of the company’s stock, valued at approximately $29,960,101.12. The trade was a 8.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 594,639 shares of company stock worth $72,214,894. 6.67% of the stock is owned by company insiders.

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.