Northwestern Mutual Wealth Management Co. Increases Holdings in Datadog, Inc. $DDOG

Northwestern Mutual Wealth Management Co. grew its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 2,631.3% in the 4th quarter, HoldingsChannel reports. The firm owned 598,914 shares of the company’s stock after acquiring an additional 576,986 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Datadog were worth $81,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in DDOG. Brighton Jones LLC purchased a new stake in shares of Datadog during the 4th quarter valued at $209,000. Bison Wealth LLC bought a new position in shares of Datadog during the 4th quarter worth $228,000. Empowered Funds LLC grew its stake in shares of Datadog by 7.0% during the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after acquiring an additional 672 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of Datadog by 17.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after acquiring an additional 115 shares during the period. Finally, Sivia Capital Partners LLC bought a new position in shares of Datadog during the 2nd quarter worth $509,000. 78.29% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Datadog news, CEO Olivier Pomel sold 127,141 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was 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 in the company, valued at $167,002,091.36. This trade represents a 13.21% decrease in their position. The sale was disclosed in a document filed 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, Director Matthew Jacobson sold 52,832 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $189.28, for a total value of $10,000,040.96. Following the completion of the transaction, the director owned 622,726 shares of the company’s stock, valued at approximately $117,869,577.28. This represents a 7.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 842,739 shares of company stock worth $121,023,123 in the last quarter. 6.48% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

DDOG has been the subject of several research reports. TD Cowen increased their price target on Datadog from $190.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Wolfe Research cut their price target on Datadog from $185.00 to $160.00 and set an “outperform” rating for the company in a research note on Tuesday, February 10th. Piper Sandler increased their price target on Datadog from $195.00 to $230.00 in a research note on Thursday, May 7th. Cantor Fitzgerald cut their price target on Datadog from $220.00 to $150.00 and set an “overweight” rating for the company in a research note on Friday, February 6th. Finally, DA Davidson reiterated a “buy” rating and set a $225.00 price target on shares of Datadog in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Datadog currently has a consensus rating of “Moderate Buy” and an average price target of $213.38.

Datadog Price Performance

Shares of NASDAQ DDOG opened at $207.98 on Monday. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $211.28. The business has a 50-day simple moving average of $135.18 and a two-hundred day simple moving average of $138.96. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The company has a market cap of $74.03 billion, a P/E ratio of 547.33, a P/E/G ratio of 67.54 and a beta of 1.30.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $960.12 million. During the same quarter last year, the company earned $0.46 EPS. The firm’s revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Research analysts anticipate that Datadog, Inc. will post 0.35 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.