OP Asset Management Ltd Invests $3.94 Million in Datadog, Inc. $DDOG

OP Asset Management Ltd bought a new stake in shares of Datadog, Inc. (NASDAQ:DDOG) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 33,383 shares of the company’s stock, valued at approximately $3,941,000.

Other institutional investors also recently added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new stake in shares of Datadog in the third quarter valued at approximately $27,000. CoreCap Advisors LLC increased its position in Datadog by 1,461.5% during the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after acquiring an additional 190 shares during the period. Flagship Harbor Advisors LLC acquired a new position in Datadog during the 4th quarter valued at $31,000. NBC Securities Inc. raised its stake in Datadog by 242.6% during the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after purchasing an additional 165 shares during the last quarter. Finally, Rothschild Investment LLC boosted its holdings in Datadog by 52.5% in the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after purchasing an additional 94 shares during the period. 78.29% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on DDOG shares. New Street Research set a $260.00 price target on shares of Datadog in a research report on Thursday, June 11th. Capital One Financial upped their price objective on shares of Datadog from $217.00 to $268.00 and gave the company an “overweight” rating in a research report on Wednesday, June 17th. Rothschild & Co Redburn initiated coverage on shares of Datadog in a research note on Thursday, April 23rd. They issued a “buy” rating and a $170.00 target price for the company. Guggenheim lifted their target price on Datadog from $175.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Rosenblatt Securities boosted their price target on Datadog from $178.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $242.09.

Datadog Price Performance

Datadog stock opened at $239.77 on Friday. The business has a 50 day simple moving average of $200.60 and a 200 day simple moving average of $152.22. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The company has a market capitalization of $85.35 billion, a PE ratio of 630.99, a price-to-earnings-growth ratio of 23.30 and a beta of 1.56. Datadog, Inc. has a one year low of $98.01 and a one year high of $278.70.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. During the same period in the prior year, the business posted $0.46 earnings per share. The business’s revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, sell-side analysts forecast that Datadog, Inc. will post 0.62 EPS for the current fiscal year.

Insider Buying and Selling

In related news, General Counsel Kerry Acocella sold 5,371 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $233.91, for a total transaction of $1,256,330.61. Following the completion of the sale, the general counsel owned 127,866 shares in the company, valued at $29,909,136.06. This trade represents a 4.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 43,224 shares of Datadog stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $220.97, for a total transaction of $9,551,207.28. Following the transaction, the chief technology officer directly owned 509,805 shares of the company’s stock, valued at $112,651,610.85. This represents a 7.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,455,364 shares of company stock worth $306,341,930 in the last three months. Company insiders own 6.48% of the company’s stock.

About Datadog

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.