AMF Tjanstepension AB Acquires 36,498 Shares of Datadog, Inc. $DDOG

AMF Tjanstepension AB increased its holdings in Datadog, Inc. (NASDAQ:DDOG) by 15.3% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 275,275 shares of the company’s stock after buying an additional 36,498 shares during the quarter. AMF Tjanstepension AB’s holdings in Datadog were worth $37,435,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Westside Investment Management Inc. grew its stake in shares of Datadog by 74.3% during the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares during the period. Rothschild Investment LLC grew its stake in shares of Datadog by 126.6% during the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares during the period. Physician Wealth Advisors Inc. grew its stake 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 purchasing an additional 145 shares during the period. JPL Wealth Management LLC bought a new stake in shares of Datadog during the 3rd quarter valued at about $27,000. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of Datadog during the 3rd quarter valued at about $28,000. 78.29% of the stock is currently owned by institutional investors.

Datadog Trading Up 0.4%

Shares of NASDAQ:DDOG opened at $208.82 on Tuesday. The stock has a 50 day moving average of $136.91 and a 200 day moving average of $139.32. The company has a market cap of $74.33 billion, a PE ratio of 549.54, a price-to-earnings-growth ratio of 67.54 and a beta of 1.30. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $211.28.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm’s revenue was up 32.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.46 EPS. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, equities research analysts expect that Datadog, Inc. will post 0.35 EPS for the current year.

Insider Buying and Selling

In related news, Director Matthew Jacobson sold 52,832 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $189.28, for a total value of $10,000,040.96. Following the transaction, the director directly owned 622,726 shares of the company’s stock, valued at approximately $117,869,577.28. The trade was a 7.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Alexis Le-Quoc sold 53,912 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was 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 in the company, valued at approximately $54,871,380.93. This represents a 10.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 842,739 shares of company stock valued at $121,023,123. Corporate insiders own 6.48% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on DDOG shares. Stifel Nicolaus set a $305.00 price target on Datadog in a research note on Thursday, May 7th. KeyCorp boosted their price target on Datadog from $155.00 to $225.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Evercore restated an “outperform” rating and set a $225.00 price target on shares of Datadog in a research note on Thursday, May 7th. Daiwa Securities Group boosted their price target on Datadog from $190.00 to $240.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Finally, Piper Sandler boosted their price target on Datadog from $195.00 to $230.00 in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $213.38.

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.