9,844 Shares in Datadog, Inc. $DDOG Bought by Stance Capital LLC

Stance Capital LLC acquired a new position in Datadog, Inc. (NASDAQ:DDOG) during the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 9,844 shares of the company’s stock, valued at approximately $1,402,000.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Datadog by 30.3% in the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after acquiring an additional 9,748,738 shares during the last quarter. State Street Corp boosted its stake in shares of 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 during the last quarter. Norges Bank purchased a new stake in shares of Datadog during the second quarter worth about $347,728,000. Invesco Ltd. lifted its stake 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 buying an additional 2,216,402 shares during the period. Finally, Dragoneer Investment Group LLC boosted its stake in Datadog by 729.5% in the 2nd quarter. Dragoneer Investment Group LLC now owns 2,254,563 shares of the company’s stock worth $302,855,000 after buying an additional 1,982,763 shares during the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Wolfe Research dropped their price target on shares of Datadog from $185.00 to $160.00 and set an “outperform” rating for the company in a research report on Tuesday, February 10th. Capital One Financial upped their target price on shares of Datadog from $156.00 to $157.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. The Goldman Sachs Group started coverage on Datadog in a research note on Monday, January 12th. They set a “sell” rating and a $113.00 target price for the company. TD Cowen reaffirmed a “buy” rating on shares of Datadog in a report on Wednesday, January 21st. Finally, BTIG Research lowered their price objective on Datadog from $221.00 to $170.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Thirty-six equities 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 stock presently has a consensus rating of “Moderate Buy” and an average price target of $179.62.

Datadog Stock Up 1.8%

DDOG stock opened at $128.87 on Wednesday. Datadog, Inc. has a 12 month low of $81.63 and a 12 month high of $201.69. The firm has a 50 day simple moving average of $122.76 and a 200 day simple moving average of $141.63. The firm has a market cap of $45.44 billion, a PE ratio of 415.71, a P/E/G ratio of 34.79 and a beta of 1.31. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.38.

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

Insiders Place Their Bets

In other news, CRO Sean Michael Walters sold 22,330 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $125.68, for a total transaction of $2,806,434.40. Following the sale, the executive owned 238,384 shares in the company, valued at $29,960,101.12. The trade was a 8.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Amit Agarwal sold 20,000 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $124.81, for a total transaction of $2,496,200.00. Following the sale, the director directly owned 1,640 shares in the company, valued at approximately $204,688.40. This trade represents a 92.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 377,669 shares of company stock valued at $46,871,772 over the last 90 days. 6.67% of the stock is owned by corporate insiders.

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.