ICONIQ Capital LLC Sells 794,465 Shares of Datadog, Inc. $DDOG

ICONIQ Capital LLC reduced its position in Datadog, Inc. (NASDAQ:DDOG) by 64.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 438,914 shares of the company’s stock after selling 794,465 shares during the quarter. Datadog accounts for approximately 0.8% of ICONIQ Capital LLC’s holdings, making the stock its 17th biggest holding. ICONIQ Capital LLC owned approximately 0.13% of Datadog worth $62,501,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC raised its holdings in shares of Datadog by 3.3% in the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock worth $242,000 after buying an additional 55 shares during the period. Westside Investment Management Inc. lifted 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 worth $27,000 after acquiring an additional 75 shares during the last quarter. Nilsine Partners LLC boosted its holdings in Datadog by 2.4% during the 3rd quarter. Nilsine Partners LLC now owns 3,396 shares of the company’s stock valued at $484,000 after acquiring an additional 78 shares during the period. PDS Planning Inc grew its position in Datadog by 4.2% in the 3rd quarter. PDS Planning Inc now owns 1,975 shares of the company’s stock valued at $281,000 after acquiring an additional 80 shares during the last quarter. Finally, Ameritas Investment Partners Inc. grew its position in Datadog by 0.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 10,466 shares of the company’s stock valued at $1,406,000 after acquiring an additional 82 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Fundamentals: Datadog reported a strong quarter (29%+ revenue growth, EPS beat) and set FY‑2026 and Q1 guidance, supporting the revenue trajectory and cross‑sell thesis for its observability + security suite. Read More.
• Positive Sentiment: Analyst backdrop: Most analysts remain constructive (consensus “Moderate Buy”, average price target ~ $179.6) and several firms retain Outperform/Buy ratings — a tailwind if execution continues. Read More.
• Positive Sentiment: Upgrade note: A Seeking Alpha piece upgraded Datadog to Buy, citing mission‑critical observability, strong retention and attractive usage‑based economics — helps the bull case. Read More.
• Neutral Sentiment: Short interest data in recent feeds is noisy/ambiguous (reports show zero change/NaN), so there’s no clear short‑squeeze or covering signal to explain today’s move. (Data appears unreliable in these alerts.)
• Neutral Sentiment: Volume & technicals: Intraday volume is below the stock’s multi‑month average and price sits near the 50‑day average — technicals are mixed and volatility may persist.
• Negative Sentiment: CTO Alexis Le‑Quoc sold 53,912 shares (~$125.49 avg); this follows several prior large sales this year, signaling material insider profit‑taking. Read More.
• Negative Sentiment: CRO Sean Michael Walters sold 22,330 shares (~$125.68 avg) — another senior exec sale reducing insider ownership. Read More.
• Negative Sentiment: Director Amit Agarwal sold 20,000 shares at ~ $124.81 and now holds a very small residual position — a steep reduction that can be viewed negatively by the market. Read More.

Insider Activity at Datadog

In other news, Director Shardul Shah sold 7,916 shares of the company’s stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $124.89, for a total transaction of $988,629.24. Following the transaction, the director directly owned 340,701 shares of the company’s stock, valued at approximately $42,550,147.89. This represents a 2.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CRO Sean Michael Walters sold 22,330 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $125.68, for a total value 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. This represents a 8.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 388,864 shares of company stock valued at $48,415,898 over the last three months. Company insiders own 6.67% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Cantor Fitzgerald decreased their target price on Datadog from $220.00 to $150.00 and set an “overweight” rating for the company in a research report on Friday, February 6th. KeyCorp cut their price target on shares of Datadog from $170.00 to $155.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $185.00 price target on shares of Datadog in a research note on Wednesday, February 11th. Capital One Financial lifted their price objective on shares of Datadog from $156.00 to $157.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Finally, The Goldman Sachs Group assumed coverage on shares of Datadog in a research report on Monday, January 12th. They issued a “sell” rating and a $113.00 price objective for the company. Thirty-six analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $179.62.

Datadog Price Performance

DDOG opened at $124.52 on Monday. The firm has a market capitalization of $43.90 billion, a PE ratio of 401.68, a price-to-earnings-growth ratio of 34.23 and a beta of 1.31. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.38. The business’s 50-day moving average is $123.07 and its two-hundred day moving average is $141.78. Datadog, Inc. has a 1 year low of $81.63 and a 1 year high of $201.69.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.55 by $0.04. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The business had revenue of $953.19 million during the quarter, compared to analyst estimates of $916.53 million. During the same period in the prior year, the firm posted $0.49 earnings per share. The company’s quarterly revenue was up 29.2% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. Research analysts anticipate that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

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.