Commonwealth of Pennsylvania Public School Empls Retrmt SYS Cuts Position in Datadog, Inc. $DDOG

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its holdings in Datadog, Inc. (NASDAQ:DDOG) by 2.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 75,700 shares of the company’s stock after selling 1,929 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Datadog were worth $10,294,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DDOG. Rothschild Investment LLC boosted its stake in shares of Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after buying an additional 100 shares during the last quarter. Physician Wealth Advisors Inc. boosted its stake in shares of Datadog by 315.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after buying an additional 145 shares during the last quarter. Westside Investment Management Inc. boosted its stake in shares of Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after buying an additional 75 shares during the last quarter. JPL Wealth Management LLC purchased a new position in shares of Datadog in the 3rd quarter worth approximately $27,000. Finally, Hazlett Burt & Watson Inc. purchased a new position in shares of Datadog in the 3rd quarter worth approximately $28,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Wall Street Analysts Forecast Growth

DDOG has been the topic of a number of research analyst reports. The Goldman Sachs Group boosted their target price on Datadog from $121.00 to $139.00 and gave the stock a “sell” rating in a research note on Tuesday, May 12th. Scotiabank boosted their target price on Datadog from $160.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Evercore reaffirmed an “outperform” rating and issued a $225.00 price target on shares of Datadog in a report on Thursday, May 7th. TD Cowen lifted their price target on shares of Datadog from $190.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Finally, Canaccord Genuity Group set a $225.00 price target on shares of Datadog in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Datadog currently has an average rating of “Moderate Buy” and an average price target of $219.69.

Datadog Stock Up 12.2%

Datadog stock opened at $277.49 on Tuesday. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $278.70. The firm has a market capitalization of $98.78 billion, a price-to-earnings ratio of 730.26, a P/E/G ratio of 26.41 and a beta of 1.56. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. The firm has a 50 day simple moving average of $157.16 and a 200 day simple moving average of $143.23.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data 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 net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same period in the previous year, the business earned $0.46 EPS. Datadog’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, analysts predict that Datadog, Inc. will post 0.61 earnings per share for the current year.

Insider Activity at Datadog

In related news, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction that occurred on Tuesday, March 10th. The shares were 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. The trade was a 10.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Olivier Pomel sold 127,141 shares of Datadog stock in a transaction that occurred on Monday, May 11th. The shares were 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 of the company’s stock, valued at $167,002,091.36. This represents a 13.21% decrease in their ownership of the stock. 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 ninety days, insiders sold 848,198 shares of company stock worth $135,415,163. Corporate insiders own 6.48% of the company’s stock.

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.