Datadog, Inc. $DDOG Shares Acquired by Andra AP fonden

Andra AP fonden increased its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 130.4% in the second quarter, HoldingsChannel.com reports. The firm owned 131,262 shares of the company’s stock after acquiring an additional 74,300 shares during the quarter. Andra AP fonden’s holdings in Datadog were worth $34,175,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. raised its holdings in Datadog by 8.0% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company’s stock worth $20,762,000 after purchasing an additional 11,348 shares in the last quarter. Norges Bank acquired a new position in shares of Datadog in the 4th quarter valued at $469,461,000. MUFG Securities EMEA plc grew its position in shares of Datadog by 115.6% in the 4th quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company’s stock valued at $1,814,000 after buying an additional 7,154 shares during the last quarter. BNP Paribas raised its stake in Datadog by 18.4% during the 4th quarter. BNP Paribas now owns 41,280 shares of the company’s stock worth $5,614,000 after acquiring an additional 6,403 shares in the last quarter. Finally, Allstate Corp lifted its position in Datadog by 118.1% in the fourth quarter. Allstate Corp now owns 23,367 shares of the company’s stock valued at $3,178,000 after acquiring an additional 12,652 shares during the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Datadog Stock Performance

DDOG traded up $0.76 on Tuesday, hitting $245.81. 1,162,461 shares of the company traded hands, compared to its average volume of 5,367,065. The company has a 50 day moving average of $242.43 and a 200-day moving average of $202.52. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $88.27 billion, a PE ratio of 502.26, a PEG ratio of 22.44 and a beta of 1.49. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $292.72.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s revenue for the quarter was up 35.6% compared to the same quarter last year. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Sell-side analysts anticipate that Datadog, Inc. will post 0.7 earnings per share for the current year.

Insider Activity at Datadog

In other news, CEO Olivier Pomel sold 127,141 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $286.71, for a total value of $36,452,596.11. Following the completion of the sale, the chief executive officer owned 612,747 shares in the company, valued at approximately $175,680,692.37. This trade represents a 17.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Obstler sold 40,000 shares of Datadog stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $227.47, for a total transaction of $9,098,800.00. Following the completion of the sale, the chief financial officer directly owned 378,067 shares in the company, valued at approximately $85,998,900.49. The trade was a 9.57% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,017,764 shares of company stock worth $247,210,750 in the last three months. Insiders own 6.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on DDOG. Cantor Fitzgerald upped their price objective on shares of Datadog from $226.00 to $327.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. New Street Research set a $260.00 target price on Datadog in a report on Thursday, June 11th. Wolfe Research reissued an “outperform” rating and issued a $295.00 target price on shares of Datadog in a research report on Thursday, June 11th. DA Davidson restated a “buy” rating and set a $315.00 price target on shares of Datadog in a research note on Friday, August 7th. Finally, Barclays lifted their price target on Datadog from $260.00 to $290.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $276.66.

Datadog Company Profile

Datadog, Inc (NASDAQ:DDOG) is a cloud-based software company that provides monitoring, observability, security and analytics tools for modern applications and information technology environments. Its platform helps organizations collect, correlate and analyze data from servers, databases, applications, containers, networks and cloud services in a unified environment.

The company’s products include infrastructure monitoring, application performance monitoring, log management, real user and synthetic monitoring, database monitoring, cloud security, software delivery tools, incident management and cloud cost management.