Datadog, Inc. $DDOG Shares Bought by CIBC Asset Management Inc

CIBC Asset Management Inc grew its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 11.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 199,738 shares of the company’s stock after buying an additional 20,938 shares during the quarter. CIBC Asset Management Inc’s holdings in Datadog were worth $27,162,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of DDOG. Vanguard Group Inc. increased its holdings in shares of Datadog by 30.3% during the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after purchasing an additional 9,748,738 shares during the period. State Street Corp increased its holdings in shares of Datadog by 106.8% during the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock valued at $1,955,547,000 after purchasing an additional 7,091,075 shares during the period. Norges Bank acquired a new position in shares of Datadog during the fourth quarter valued at $469,461,000. Jennison Associates LLC increased its holdings in shares of Datadog by 43.7% during the fourth quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock valued at $1,036,787,000 after purchasing an additional 2,316,994 shares during the period. Finally, Invesco Ltd. increased its holdings in shares of Datadog by 119.2% during the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after purchasing an additional 2,216,402 shares during the period. 78.29% of the stock is owned by institutional investors and hedge funds.

Datadog Price Performance

NASDAQ:DDOG opened at $250.33 on Thursday. The business’s 50-day moving average price is $162.46 and its 200 day moving average price is $144.24. The firm has a market cap of $89.11 billion, a P/E ratio of 658.78, a PEG ratio of 28.82 and a beta of 1.56. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $278.70. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25.

Datadog (NASDAQ:DDOG) last released 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 business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same quarter last year, the company posted $0.46 EPS. Datadog’s revenue for the quarter was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, sell-side analysts predict that Datadog, Inc. will post 0.61 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 Tuesday, March 10th. The stock was 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 owned 437,257 shares in the company, valued at $54,871,380.93. This trade represents a 10.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Olivier Pomel sold 127,141 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $199.84, for a total value 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 trade represents a 13.21% 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. Insiders sold 923,616 shares of company stock worth $155,773,338 in the last quarter. 6.48% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

DDOG has been the topic of a number of research analyst reports. Benchmark reissued a “buy” rating on shares of Datadog in a report on Thursday, May 7th. Robert W. Baird set a $210.00 target price on Datadog in a report on Friday, May 8th. BTIG Research lifted their target price on Datadog from $212.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Monness Crespi & Hardt lifted their target price on Datadog from $255.00 to $270.00 in a report on Thursday, May 7th. Finally, The Goldman Sachs Group lifted their target price on Datadog from $121.00 to $139.00 and gave the stock a “sell” rating in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $219.69.

More Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog was highlighted alongside Oracle and Microsoft as one of the top software stock picks as the sector rebounds, with investors increasingly viewing AI as a growth catalyst for software rather than a threat. DDOG, ORCL, MSFT emerge as top software stock picks as the sector rebounds: report
• Positive Sentiment: MarketBeat reported Datadog was among the most upgraded stocks last month, suggesting analysts have become more optimistic about the company’s outlook. 3 Most Upgraded Stocks Last Month According to MarketBeat (DDOG)
• Neutral Sentiment: Zacks noted that Datadog has been heavily searched by investors, which points to rising interest in the name but does not by itself change fundamentals. Investors Heavily Search Datadog, Inc. (DDOG): Here is What You Need to Know
• Negative Sentiment: CTO Alexis Le-Quoc disclosed two stock sales totaling about 75,000 shares, which can weigh on sentiment even though both transactions were made under a Rule 10b5-1 plan and were tied to tax withholding from vested equity awards. SEC Form 4 filing
• Neutral Sentiment: Datadog also presented at the Bank of America 2026 Global Technology Conference, but no major new operational update was highlighted in the transcript headline. Datadog, Inc. (DDOG) Presents at Bank of America 2026 Global Technology Conference Transcript

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.