New York State Teachers Retirement System Acquires 11,469 Shares of Datadog, Inc. $DDOG

New York State Teachers Retirement System boosted its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 4.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 247,699 shares of the company’s stock after acquiring an additional 11,469 shares during the quarter. New York State Teachers Retirement System’s holdings in Datadog were worth $29,241,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of DDOG. JPL Wealth Management LLC purchased a new stake in Datadog in the third quarter worth $27,000. CoreCap Advisors LLC boosted its stake in shares of Datadog by 1,461.5% during the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after purchasing an additional 190 shares during the period. Flagship Harbor Advisors LLC purchased a new stake in shares of Datadog during the fourth quarter valued at $31,000. NBC Securities Inc. boosted its stake in shares of Datadog by 242.6% during the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after purchasing an additional 165 shares during the period. Finally, Rothschild Investment LLC grew its holdings in shares of Datadog by 52.5% in the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after purchasing an additional 94 shares during the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analysts Set New Price Targets

DDOG has been the topic of several recent analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and issued a $260.00 price target on shares of Datadog in a research note on Friday, June 12th. Citizens Jmp raised shares of Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 price objective for the company in a research report on Thursday, May 7th. UBS Group upped their target price on shares of Datadog from $195.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Evercore raised their target price on shares of Datadog from $225.00 to $265.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Finally, Stifel Nicolaus set a $305.00 target price on shares of Datadog in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Datadog has an average rating of “Moderate Buy” and a consensus price target of $243.68.

Datadog Stock Performance

DDOG stock opened at $260.36 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The business has a 50-day moving average price of $213.66 and a 200 day moving average price of $156.00. The company has a market capitalization of $92.68 billion, a P/E ratio of 685.18, a PEG ratio of 26.47 and a beta of 1.54. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $278.70.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. During the same period in the prior year, the business earned $0.46 EPS. The firm’s quarterly revenue was up 32.1% on a year-over-year basis. 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, equities research analysts forecast that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Insider Transactions at Datadog

In related news, General Counsel Kerry Acocella sold 5,371 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $233.91, for a total value of $1,256,330.61. Following the completion of the transaction, the general counsel owned 127,866 shares of the company’s stock, valued at $29,909,136.06. The trade was a 4.03% decrease in their ownership of the stock. The sale 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, CTO Alexis Le-Quoc sold 43,224 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $220.97, for a total transaction of $9,551,207.28. Following the completion of the transaction, the chief technology officer directly owned 509,805 shares of the company’s stock, valued at $112,651,610.85. This trade represents a 7.82% 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. In the last three months, insiders have sold 1,467,864 shares of company stock worth $311,427,105. Insiders own 6.48% of the company’s stock.

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.