Korea Investment CORP Reduces Holdings in Datadog, Inc. $DDOG

Korea Investment CORP decreased its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 6.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 212,287 shares of the company’s stock after selling 15,635 shares during the period. Korea Investment CORP’s holdings in Datadog were worth $30,230,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Datadog by 30.3% during the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after purchasing an additional 9,748,738 shares during the period. Brown Advisory Inc. raised its position in Datadog by 23.3% in the 2nd quarter. Brown Advisory Inc. now owns 5,983,687 shares of the company’s stock worth $803,793,000 after purchasing an additional 1,130,675 shares during the period. Geode Capital Management LLC lifted its stake in Datadog by 4.3% in the second quarter. Geode Capital Management LLC now owns 5,827,784 shares of the company’s stock worth $780,727,000 after purchasing an additional 242,273 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Datadog by 0.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,289,570 shares of the company’s stock worth $610,835,000 after purchasing an additional 40,276 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Datadog during the second quarter valued at approximately $347,728,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Insider Transactions at Datadog

In other news, CEO Olivier Pomel sold 68,922 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $110.54, for a total transaction of $7,618,637.88. Following the transaction, the chief executive officer owned 704,821 shares in the company, valued at approximately $77,910,913.34. This trade represents a 8.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CTO Alexis Le-Quoc sold 43,106 shares of Datadog stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $133.93, for a total value of $5,773,186.58. Following the completion of the sale, the chief technology officer owned 301,458 shares of the company’s stock, valued at $40,374,269.94. The trade was a 12.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 239,081 shares of company stock valued at $30,429,425. 6.67% of the stock is currently owned by corporate insiders.

Datadog Stock Up 2.2%

Shares of NASDAQ DDOG opened at $128.56 on Tuesday. Datadog, Inc. has a 52-week low of $81.63 and a 52-week high of $201.69. The firm has a market capitalization of $45.33 billion, a price-to-earnings ratio of 414.71, a PEG ratio of 34.56 and a beta of 1.31. The stock has a 50 day moving average price of $123.89 and a 200 day moving average price of $141.89. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.38 and a current ratio of 3.38.

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

Analyst Upgrades and Downgrades

DDOG has been the topic of several recent analyst reports. Evercore reduced their price target on Datadog from $215.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd. The Goldman Sachs Group initiated coverage on Datadog in a report on Monday, January 12th. They set a “sell” rating and a $113.00 price objective for the company. Mizuho cut their price objective on Datadog from $200.00 to $170.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 21st. Arete Research increased their target price on Datadog from $230.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Datadog in a research report on Wednesday, January 21st. Thirty-six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $179.62.

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.