National Pension Service Has $108.18 Million Stock Holdings in Datadog, Inc. $DDOG

National Pension Service lessened its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 8.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 415,491 shares of the company’s stock after selling 37,935 shares during the period. National Pension Service owned approximately 0.12% of Datadog worth $108,177,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of DDOG. California State Teachers Retirement System boosted its holdings in Datadog by 27,002.8% in the 2nd quarter. California State Teachers Retirement System now owns 121,189,509 shares of the company’s stock valued at $31,552,901,000 after purchasing an additional 120,742,361 shares during the period. Price T Rowe Associates Inc. MD grew its position in Datadog by 7.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock valued at $1,961,496,000 after acquiring an additional 956,993 shares during the last quarter. State Street Corp increased its position in Datadog by 106.8% during the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after purchasing an additional 7,091,075 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Datadog by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock worth $1,227,184,000 after buying an additional 197,816 shares in the last quarter. Finally, Janus Henderson Group PLC increased its holdings in Datadog by 22.8% in the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after purchasing an additional 1,439,082 shares in the last quarter. Institutional investors own 78.29% of the company’s stock.

Datadog Stock Down 1.6%

DDOG stock opened at $221.72 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. The company has a market capitalization of $79.62 billion, a price-to-earnings ratio of 452.50, a PEG ratio of 22.06 and a beta of 1.49. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $292.72. The stock has a fifty day moving average of $246.37 and a 200-day moving average of $196.50.

Datadog (NASDAQ:DDOG) last posted its 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. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the company earned $0.46 earnings per share. The company’s revenue was up 35.6% on a year-over-year basis. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. As a group, equities research analysts predict that Datadog, Inc. will post 0.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on DDOG shares. BTIG Research raised their price target on shares of Datadog from $255.00 to $289.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. Craig Hallum initiated coverage on Datadog in a report on Monday, June 15th. They set a “buy” rating on the stock. DA Davidson restated a “buy” rating and issued a $315.00 target price on shares of Datadog in a research note on Friday, August 7th. Truist Financial raised shares of Datadog from a “hold” rating to a “buy” rating and raised their price objective for the company from $190.00 to $300.00 in a research note on Monday, June 15th. Finally, KeyCorp raised their price objective on Datadog from $225.00 to $320.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $276.32.

Insider Activity

In other Datadog news, CEO Olivier Pomel sold 127,141 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $286.71, for a total value of $36,452,596.11. Following the transaction, the chief executive officer directly owned 612,747 shares in the company, valued at $175,680,692.37. This represents a 17.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $257.24, for a total value of $13,868,322.88. Following the sale, the chief technology officer owned 509,805 shares in the company, valued at $131,142,238.20. The trade was a 9.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 1,077,367 shares of company stock valued at $260,947,004. 6.48% of the stock is owned by company insiders.

Datadog Profile

Datadog, Inc (NASDAQ:DDOG) is a cloud-based software company that provides monitoring, observability, security and analytics tools for modern applications and information technology environments. Its platform helps organizations collect, correlate and analyze data from servers, databases, applications, containers, networks and cloud services in a unified environment.

The company’s products include infrastructure monitoring, application performance monitoring, log management, real user and synthetic monitoring, database monitoring, cloud security, software delivery tools, incident management and cloud cost management.