Teachers Retirement System of The State of Kentucky Purchases 25,800 Shares of Datadog, Inc. $DDOG

Teachers Retirement System of The State of Kentucky grew its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 32.8% during the third quarter, Holdings Channel reports. The fund owned 104,472 shares of the company’s stock after purchasing an additional 25,800 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Datadog were worth $14,876,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Westside Investment Management Inc. grew its stake in Datadog by 74.3% in the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after purchasing an additional 75 shares during the period. Rothschild Investment LLC boosted its holdings in shares of Datadog by 126.6% during the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after buying an additional 100 shares in the last quarter. Tripletail Wealth Management LLC purchased a new stake in shares of Datadog in the 3rd quarter worth about $28,000. Physician Wealth Advisors Inc. grew its position in shares of Datadog by 315.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after buying an additional 145 shares during the period. Finally, Hazlett Burt & Watson Inc. bought a new position in shares of Datadog in the 3rd quarter worth about $28,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Daiwa Securities Group assumed coverage on shares of Datadog in a research note on Tuesday, January 27th. They set a “buy” rating and a $190.00 price objective on the stock. Macquarie Infrastructure boosted their price target on Datadog from $175.00 to $220.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. BMO Capital Markets set a $165.00 price objective on Datadog in a research report on Wednesday, February 11th. Capital One Financial lifted their price objective on Datadog from $156.00 to $157.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Finally, BNP Paribas Exane cut their target price on Datadog from $210.00 to $175.00 and set an “outperform” rating on the stock in a research note on Thursday, January 15th. Thirty-six research 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’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $179.62.

Insider Activity

In related news, Director Shardul Shah sold 7,916 shares of the stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $124.89, for a total transaction of $988,629.24. Following the transaction, the director owned 340,701 shares in the company, valued at $42,550,147.89. This represents a 2.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Olivier Pomel sold 11,195 shares of Datadog stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $137.93, for a total transaction of $1,544,126.35. Following the completion of the sale, the chief executive officer directly owned 518,133 shares of the company’s stock, valued at approximately $71,466,084.69. This trade represents a 2.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 224,071 shares of company stock valued at $31,115,931 in the last 90 days. 8.70% of the stock is currently owned by insiders.

Datadog Stock Up 0.6%

Datadog stock opened at $111.77 on Wednesday. Datadog, Inc. has a 12 month low of $81.63 and a 12 month high of $201.69. The stock has a fifty day simple moving average of $125.03 and a two-hundred day simple moving average of $142.04. The company has a current ratio of 3.38, a quick ratio of 3.38 and a debt-to-equity ratio of 0.26. The firm has a market cap of $39.41 billion, a price-to-earnings ratio of 360.55, a PEG ratio of 30.54 and a beta of 1.31.

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

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.