Datadog, Inc. $DDOG Shares Sold by Legato Capital Management LLC

Legato Capital Management LLC decreased its holdings in Datadog, Inc. (NASDAQ:DDOG) by 21.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 21,900 shares of the company’s stock after selling 6,100 shares during the quarter. Legato Capital Management LLC’s holdings in Datadog were worth $2,978,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of DDOG. Hartford Investment Management Co. purchased a new stake in shares of Datadog in the third quarter valued at approximately $2,689,000. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its position in shares of Datadog by 134.5% in the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 31,142 shares of the company’s stock valued at $4,435,000 after purchasing an additional 17,860 shares in the last quarter. Vanguard Group Inc. grew its position 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 valued at $5,966,877,000 after purchasing an additional 9,748,738 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in shares of Datadog by 71.3% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 170,310 shares of the company’s stock valued at $24,288,000 after purchasing an additional 70,888 shares in the last quarter. Finally, Patton Fund Management Inc. grew its position in shares of Datadog by 1,964.8% in the fourth quarter. Patton Fund Management Inc. now owns 38,550 shares of the company’s stock valued at $5,242,000 after purchasing an additional 36,683 shares in the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Insider Transactions at Datadog

In other news, CEO Olivier Pomel sold 127,141 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the completion of the transaction, the chief executive officer directly owned 835,679 shares in the company, valued at $167,002,091.36. This trade represents a 13.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 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 on 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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 885,963 shares of company stock worth $130,015,444 over the last ninety days. Company insiders own 6.48% of the company’s stock.

Datadog Trading Up 2.0%

Shares of Datadog stock opened at $222.32 on Friday. The firm has a market capitalization of $79.14 billion, a price-to-earnings ratio of 585.07, a PEG ratio of 40.86 and a beta of 1.30. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $224.77. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The stock has a 50 day moving average of $144.17 and a 200 day moving average of $141.09.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share 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 company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same period in the prior year, the business posted $0.46 earnings per share. The firm’s revenue for the quarter 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. As a group, research analysts predict that Datadog, Inc. will post 0.61 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on DDOG. Citigroup upped their price target on Datadog from $175.00 to $218.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Wall Street Zen upgraded Datadog from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Benchmark reiterated a “buy” rating on shares of Datadog in a research report on Thursday, May 7th. Guggenheim increased their price objective on Datadog from $175.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Needham & Company LLC increased their price objective on Datadog from $155.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Datadog has an average rating of “Moderate Buy” and a consensus target price of $213.98.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Wedbush added Datadog to its AI 30 list, saying the stock is benefiting from the ongoing AI buildout and highlighting Datadog’s role in AI observability as a compelling theme. Datadog, SK Hynix added to AI 30 List as Wedbush sees ‘third inning” of AI revolution
• Positive Sentiment: Several reports pointed to a bullish technical setup, including a “golden cross” where the 50-day moving average moved above the 200-day moving average, which traders often view as a momentum signal. Datadog (DDOG) Just Flashed Golden Cross Signal: Do You Buy?
• Positive Sentiment: Recent earnings also supported sentiment: Datadog beat estimates on both profit and revenue, with revenue up 32.1% year over year, and management issued guidance that suggests continued growth. 2 Software Stocks Turning AI Fears Into Fundamental Gains (DDOG)
• Neutral Sentiment: Datadog has also been a trending stock on investor websites, reflecting elevated attention rather than a clear new catalyst. Here is What to Know Beyond Why Datadog, Inc. (DDOG) is a Trending Stock
• Negative Sentiment: One potential overhang is continued insider selling: Datadog CTO Alexis Le-Quoc sold shares under a pre-arranged trading plan, which can sometimes weigh on sentiment even when the sale is routine. Insider Selling: Datadog (NASDAQ:DDOG) CTO Sells 43,224 Shares of Stock

About Datadog

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.