Datadog, Inc. $DDOG Shares Bought by Vestcor Inc

Vestcor Inc lifted its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 410.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,088 shares of the company’s stock after buying an additional 25,000 shares during the quarter. Vestcor Inc’s holdings in Datadog were worth $4,427,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Brighton Jones LLC acquired a new stake in Datadog during the fourth quarter worth approximately $209,000. Bison Wealth LLC purchased a new stake in Datadog in the 4th quarter worth approximately $228,000. Empowered Funds LLC raised its holdings in Datadog by 7.0% in the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock valued at $1,023,000 after acquiring an additional 672 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in Datadog by 17.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock valued at $76,000 after acquiring an additional 115 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in shares of Datadog during the 2nd quarter worth $509,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. UBS Group set a $195.00 price objective on Datadog in a report on Monday, February 9th. DA Davidson reiterated a “buy” rating and issued a $225.00 target price on shares of Datadog in a research note on Tuesday, February 17th. Citizens Jmp reiterated a “market perform” rating on shares of Datadog in a research report on Wednesday, February 11th. Sanford C. Bernstein reissued an “outperform” rating on shares of Datadog in a research note on Wednesday, January 21st. Finally, Wolfe Research lowered their price target on Datadog from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Tuesday, February 10th. Thirty-six analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $179.62.

Insiders Place Their Bets

In other news, Director Shardul Shah sold 7,916 shares of the stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $124.89, for a total value of $988,629.24. Following the completion of the sale, the director owned 340,701 shares of the company’s stock, valued at $42,550,147.89. This represents a 2.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Alexis Le-Quoc sold 43,106 shares of the firm’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $126.79, for a total transaction of $5,465,409.74. Following the completion of the transaction, the chief technology officer directly owned 490,798 shares in the company, valued at approximately $62,228,278.42. This represents a 8.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 239,081 shares of company stock worth $30,429,425 over the last three months. 6.67% of the stock is owned by insiders.

Datadog Stock Up 2.2%

Shares of NASDAQ DDOG opened at $128.56 on Tuesday. The stock has a market capitalization of $45.33 billion, a PE ratio of 414.71, a P/E/G ratio of 34.56 and a beta of 1.31. The company has a quick ratio of 3.38, a current ratio of 3.38 and a debt-to-equity ratio of 0.26. The firm has a fifty day moving average of $123.89 and a 200-day moving average of $141.89. Datadog, Inc. has a 52-week low of $81.63 and a 52-week high of $201.69.

Datadog (NASDAQ:DDOG) last issued its earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share for the quarter, topping 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 business had revenue of $953.19 million for the quarter, compared to analyst estimates of $916.53 million. During the same period last year, the company posted $0.49 EPS. The business’s quarterly revenue was up 29.2% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. On average, analysts anticipate that Datadog, Inc. will post 0.34 EPS for the current year.

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.