Legal & General Group Plc Buys 154,181 Shares of Datadog, Inc. $DDOG

Legal & General Group Plc raised its holdings in Datadog, Inc. (NASDAQ:DDOG) by 7.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,129,934 shares of the company’s stock after buying an additional 154,181 shares during the quarter. Legal & General Group Plc’s holdings in Datadog were worth $289,650,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. SLT Holdings LLC bought a new stake in shares of Datadog in the 4th quarter worth approximately $241,000. Swedbank AB grew its position in shares of Datadog by 8.7% in the 4th quarter. Swedbank AB now owns 128,135 shares of the company’s stock worth $17,425,000 after buying an additional 10,258 shares during the last quarter. William Blair Investment Management LLC grew its position in shares of Datadog by 40.1% in the 4th quarter. William Blair Investment Management LLC now owns 5,721 shares of the company’s stock worth $778,000 after buying an additional 1,637 shares during the last quarter. Coldstream Capital Management Inc. grew its position in shares of Datadog by 16.3% in the 4th quarter. Coldstream Capital Management Inc. now owns 5,801 shares of the company’s stock worth $789,000 after buying an additional 814 shares during the last quarter. Finally, Jefferies Financial Group Inc. bought a new stake in shares of Datadog in the 4th quarter worth approximately $3,112,000. 78.29% of the stock is currently owned by institutional investors.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: BTIG raised its price target on Datadog to $255 from $212 and reiterated a Buy rating, signaling confidence in further upside after the company’s strong revenue growth and improving demand trends. BTIG Raises Datadog PT to $255
• Positive Sentiment: Cantor Fitzgerald boosted its target to $226 from $171 and kept an Overweight rating, reflecting support for Datadog’s earnings momentum and recent guidance increase. Cantor Fitzgerald Adjusts PT on Datadog
• Positive Sentiment: Several articles highlighted Datadog as a beneficiary of AI moving into production, with Wedbush reportedly adding the stock to its AI 30 list, which could reinforce the market’s view that DDOG is a long-term AI infrastructure winner. Wedbush on Datadog Stock
• Positive Sentiment: Datadog’s recent product update expanded log management with long-term retention, search, and data residency features, which may support enterprise adoption and upselling. Datadog Expands Log Management Offering
• Neutral Sentiment: Coverage also noted Datadog’s first $1 billion revenue quarter and higher 2026 outlook, underscoring strong fundamentals, though investors may view this as more confirmation of an already positive trend than a fresh catalyst. Datadog First US$1 Billion Quarter Article

Wall Street Analysts Forecast Growth

DDOG has been the topic of a number of recent analyst reports. Robert W. Baird set a $210.00 price objective on Datadog in a research report on Friday, May 8th. Sanford C. Bernstein lifted their price objective on Datadog from $167.00 to $180.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Rosenblatt Securities lifted their price objective on Datadog from $178.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. KeyCorp raised their target price on Datadog from $155.00 to $225.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Finally, Wedbush raised their target price on Datadog from $190.00 to $220.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $216.81.

Insider Buying and Selling at Datadog

In other Datadog news, CEO Olivier Pomel sold 127,141 shares of Datadog stock in a transaction on Monday, May 11th. The stock was sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the completion of the transaction, the chief executive officer owned 835,679 shares in the company, valued at approximately $167,002,091.36. The trade was a 13.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Matthew Jacobson sold 52,832 shares of Datadog stock in a transaction on Friday, May 8th. The shares were sold at an average price of $189.28, for a total value of $10,000,040.96. Following the transaction, the director owned 622,726 shares of the company’s stock, valued at $117,869,577.28. The trade was a 7.82% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 885,963 shares of company stock worth $130,015,444. 6.48% of the stock is owned by insiders.

Datadog Trading Up 0.6%

DDOG opened at $223.65 on Wednesday. The stock has a market cap of $79.61 billion, a PE ratio of 588.57, a PEG ratio of 41.66 and a beta of 1.30. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The business has a 50 day moving average of $148.05 and a 200-day moving average of $141.88. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $225.90.

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 business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Equities research analysts predict that Datadog, Inc. will post 0.61 earnings per share for the current fiscal year.

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.