16,195 Shares in Datadog, Inc. $DDOG Bought by Formuepleje A S

Formuepleje A S acquired a new position in Datadog, Inc. (NASDAQ:DDOG) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 16,195 shares of the company’s stock, valued at approximately $4,435,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Janus Henderson Group PLC lifted its stake in shares of Datadog by 22.8% during the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock valued at $905,570,000 after buying an additional 1,439,082 shares in the last quarter. First Trust Advisors LP grew its stake in Datadog by 81.5% during the first quarter. First Trust Advisors LP now owns 3,685,562 shares of the company’s stock valued at $435,081,000 after acquiring an additional 1,654,429 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Datadog by 30.3% during the first quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company’s stock valued at $312,340,000 after purchasing an additional 615,090 shares in the last quarter. Employees Provident Fund Board bought a new position in Datadog during the fourth quarter valued at approximately $251,582,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Datadog by 162.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,571,018 shares of the company’s stock valued at $185,459,000 after buying an additional 971,910 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on DDOG shares. FBN Securities initiated coverage on Datadog in a research note on Friday, October 2nd. They issued an “outperform” rating and a $325.00 price objective on the stock. Sanford C. Bernstein downgraded Datadog from an “outperform” rating to a “market perform” rating and increased their target price for the company from $180.00 to $226.00 in a research report on Monday, July 6th. BTIG Research raised their target price on shares of Datadog from $255.00 to $289.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Robert W. Baird set a $300.00 price target on shares of Datadog in a research report on Friday, August 7th. Finally, Cantor Fitzgerald boosted their price target on shares of Datadog from $226.00 to $327.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Three research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $281.18.

Datadog Trading Down 2.1%

NASDAQ DDOG traded down $5.53 during trading hours on Thursday, hitting $263.80. 1,327,592 shares of the company were exchanged, compared to its average volume of 5,153,543. The stock has a 50-day moving average price of $245.68 and a 200 day moving average price of $220.01. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $300.68. The stock has a market cap of $94.73 billion, a PE ratio of 538.83, a price-to-earnings-growth ratio of 27.65 and a beta of 1.51.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%. The company’s quarterly revenue was up 35.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Analysts forecast that Datadog, Inc. will post 0.70 earnings per share for the current fiscal year.

Insider Activity at Datadog

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $253.36, for a total transaction of $13,659,144.32. Following the sale, the chief technology officer owned 509,805 shares in the company, valued at approximately $129,164,194.80. This represents a 9.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 127,141 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $286.71, for a total value of $36,452,596.11. Following the sale, the chief executive officer owned 612,747 shares in the company, valued at $175,680,692.37. The trade was a 17.18% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 991,988 shares of company stock worth $241,440,796. Corporate insiders own 6.48% of the company’s stock.

Datadog Company Profile

Datadog, Inc is a software company that provides a cloud-based monitoring, observability and security platform. Its services help organizations collect, analyze and visualize data from applications, infrastructure, networks, databases and other technology environments, enabling them to identify performance issues, manage incidents and improve digital services.

The company’s product offerings include infrastructure monitoring, application performance monitoring, log management, database and network monitoring, real user and synthetic experience monitoring, cloud security, software supply chain security, incident management and workflow automation.