Tredje AP fonden Makes New Investment in Datadog, Inc. $DDOG

Tredje AP fonden bought a new position in Datadog, Inc. (NASDAQ:DDOG) during the third quarter, Holdings Channel.com reports. The firm bought 161,712 shares of the company’s stock, valued at approximately $23,028,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in Datadog by 30.3% during 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 period. Brown Advisory Inc. increased its position in shares of Datadog by 23.3% during the 2nd quarter. Brown Advisory Inc. now owns 5,983,687 shares of the company’s stock valued at $803,793,000 after purchasing an additional 1,130,675 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Datadog by 4.3% during the 2nd quarter. Geode Capital Management LLC now owns 5,827,784 shares of the company’s stock worth $780,727,000 after purchasing an additional 242,273 shares during the period. Massachusetts Financial Services Co. MA raised its stake in shares of Datadog by 0.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,289,570 shares of the company’s stock worth $610,835,000 after purchasing an additional 40,276 shares during the period. Finally, Norges Bank purchased a new position in shares of Datadog in the 2nd quarter worth about $347,728,000. 78.29% of the stock is owned by hedge funds and other institutional investors.

Datadog Trading Down 4.1%

Shares of Datadog stock opened at $115.66 on Friday. Datadog, Inc. has a 1 year low of $81.63 and a 1 year high of $201.69. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.66. The firm has a market cap of $40.56 billion, a PE ratio of 373.10, a PEG ratio of 33.15 and a beta of 1.27. The company has a 50 day simple moving average of $129.27 and a two-hundred day simple moving average of $142.89.

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

Insiders Place Their Bets

In related news, CFO David M. Obstler sold 12,513 shares of the company’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $158.60, for a total transaction of $1,984,561.80. Following the completion of the sale, the chief financial officer directly owned 374,138 shares in the company, valued at $59,338,286.80. This represents a 3.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Olivier Pomel sold 32,923 shares of the stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $154.63, for a total transaction of $5,090,883.49. Following the sale, the chief executive officer directly owned 518,133 shares of the company’s stock, valued at $80,118,905.79. The trade was a 5.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 380,515 shares of company stock valued at $55,760,478 in the last ninety days. Company insiders own 8.70% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Daiwa Securities Group started coverage on shares of Datadog in a report on Tuesday, January 27th. They set a “buy” rating and a $190.00 price objective for the company. Needham & Company LLC reduced their target price on shares of Datadog from $220.00 to $155.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. Guggenheim set a $105.00 price target on shares of Datadog in a report on Thursday, November 6th. Scotiabank dropped their price objective on Datadog from $180.00 to $160.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, February 11th. Finally, Arete Research raised their target price on Datadog from $230.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Thirty-six analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $179.62.

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.