PensionDanmark Pensionsforsikringsaktieselskab Trims Holdings in Datadog, Inc. $DDOG

PensionDanmark Pensionsforsikringsaktieselskab reduced its stake in Datadog, Inc. (NASDAQ:DDOG) by 28.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 56,737 shares of the company’s stock after selling 23,087 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Datadog were worth $14,772,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. State Street Corp increased its holdings in Datadog by 106.8% in the 3rd 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 last quarter. Norges Bank acquired a new position in Datadog during the fourth quarter worth $469,461,000. Jennison Associates LLC boosted its position 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 worth $1,036,787,000 after buying an additional 2,316,994 shares during the period. Invesco Ltd. boosted its position in shares of Datadog by 119.2% during the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock worth $580,383,000 after buying an additional 2,216,402 shares during the period. Finally, Employees Provident Fund Board acquired a new stake in shares of Datadog in the fourth quarter valued at $251,582,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Barclays boosted their price objective on Datadog from $260.00 to $290.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Raymond James Financial reiterated an “outperform” rating and set a $280.00 price target on shares of Datadog in a research note on Thursday. Oppenheimer increased their price target on shares of Datadog from $220.00 to $300.00 and gave the stock an “outperform” rating in a research report on Monday, July 20th. Mizuho raised their price objective on shares of Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Finally, Stifel Nicolaus set a $305.00 price objective on shares of Datadog in a report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Datadog presently has an average rating of “Moderate Buy” and an average target price of $276.32.

Key Headlines Impacting Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog delivered a strong second quarter: revenue rose 35.6% year over year to $1.12 billion, exceeding the $1.08 billion consensus estimate, while EPS of $0.65 topped expectations of $0.58 and increased from $0.46 a year earlier. Growth was broad-based across AI and non-AI demand, with billings and remaining performance obligations also supporting future revenue visibility. Datadog Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management raised its fiscal 2026 outlook to approximately $4.45-$4.47 billion in revenue and $2.50-$2.54 in EPS. Third-quarter EPS guidance of $0.63-$0.65 is above the $0.52 analyst consensus, providing a positive catalyst despite revenue guidance being roughly in line with expectations. Datadog Beats Earnings and Raises Outlook
• Positive Sentiment: Citigroup raised its DDOG price target to $305 and reaffirmed a “Buy” rating. DA Davidson also maintained its “Buy” rating with a $315 target, suggesting analysts see significant upside following the pullback. Datadog Analyst Price Targets
• Neutral Sentiment: CEO Olivier Pomel sold 127,141 shares worth approximately $36.5 million under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by about 17%, but the planned nature of the transaction limits its value as a signal about Datadog’s business outlook. Datadog CEO Stock Sale Filing
• Negative Sentiment: The earlier decline reflected a high valuation and exceptionally high investor expectations rather than a quarterly miss. Investors focused on slowing bookings growth and management’s disclosure that its largest customer, reportedly a major AI company, plans to reduce usage, creating a risk to consumption-based revenue. Datadog Major Customer Usage News

Insider Buying and Selling at Datadog

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $271.05, for a total transaction of $14,612,847.60. Following the sale, the chief technology officer directly owned 531,311 shares in the company, valued at approximately $144,011,846.55. This represents a 9.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Olivier Pomel sold 127,141 shares of the firm’s 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 sale, the chief executive officer directly owned 835,679 shares in the company, valued at approximately $167,002,091.36. This trade represents a 13.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 1,502,163 shares of company stock valued at $363,481,842. 6.48% of the stock is currently owned by company insiders.

Datadog Trading Up 2.0%

NASDAQ:DDOG opened at $233.93 on Friday. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $292.72. The firm has a market cap of $83.27 billion, a PE ratio of 477.42, a price-to-earnings-growth ratio of 23.23 and a beta of 1.54. The company has a current ratio of 3.20, a quick ratio of 3.40 and a debt-to-equity ratio of 0.23. The stock has a fifty day moving average price of $249.29 and a 200 day moving average price of $177.85.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.07. The company 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%.Datadog’s revenue was up 35.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.46 EPS. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Sell-side analysts anticipate that Datadog, Inc. will post 0.64 earnings per share for the current fiscal year.

Datadog 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.