Datadog, Inc. $DDOG Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 16.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,518 shares of the company’s stock after purchasing an additional 5,721 shares during the period. PNC Financial Services Group Inc.’s holdings in Datadog were worth $5,646,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Datadog by 30.3% during the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after purchasing an additional 9,748,738 shares during the period. State Street Corp raised its position in shares of Datadog by 106.8% during the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after buying an additional 7,091,075 shares in the last quarter. Jennison Associates LLC raised its position in shares of Datadog by 43.7% during the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock worth $1,036,787,000 after buying an additional 2,316,994 shares in the last quarter. Invesco Ltd. raised its position in shares of Datadog by 119.2% during the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock worth $580,383,000 after buying an additional 2,216,402 shares in the last quarter. Finally, Northern Trust Corp raised its position in shares of Datadog by 45.0% during the 3rd quarter. Northern Trust Corp now owns 2,707,291 shares of the company’s stock worth $385,518,000 after buying an additional 840,633 shares in the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Julie Richardson sold 1,930 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $185.82, for a total value of $358,632.60. Following the sale, the director directly owned 2,106 shares in the company, valued at $391,336.92. The trade was a 47.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Amit Agarwal sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $200.13, for a total transaction of $4,002,600.00. Following the sale, the director owned 1,640 shares in the company, valued at $328,213.20. This represents a 92.42% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 885,963 shares of company stock worth $130,015,444. Company insiders own 6.48% of the company’s stock.

Key Headlines Impacting Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Wedbush added Datadog to its AI 30 list, saying the stock is benefiting from the ongoing AI buildout and highlighting Datadog’s role in AI observability as a compelling theme. Datadog, SK Hynix added to AI 30 List as Wedbush sees ‘third inning” of AI revolution
• Positive Sentiment: Several reports pointed to a bullish technical setup, including a “golden cross” where the 50-day moving average moved above the 200-day moving average, which traders often view as a momentum signal. Datadog (DDOG) Just Flashed Golden Cross Signal: Do You Buy?
• Positive Sentiment: Recent earnings also supported sentiment: Datadog beat estimates on both profit and revenue, with revenue up 32.1% year over year, and management issued guidance that suggests continued growth. 2 Software Stocks Turning AI Fears Into Fundamental Gains (DDOG)
• Neutral Sentiment: Datadog has also been a trending stock on investor websites, reflecting elevated attention rather than a clear new catalyst. Here is What to Know Beyond Why Datadog, Inc. (DDOG) is a Trending Stock
• Negative Sentiment: One potential overhang is continued insider selling: Datadog CTO Alexis Le-Quoc sold shares under a pre-arranged trading plan, which can sometimes weigh on sentiment even when the sale is routine. Insider Selling: Datadog (NASDAQ:DDOG) CTO Sells 43,224 Shares of Stock

Datadog Price Performance

NASDAQ DDOG opened at $222.32 on Monday. 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 company’s 50 day simple moving average is $144.17 and its 200 day simple moving average is $140.94. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $224.77. The company has a market capitalization of $79.14 billion, a P/E ratio of 585.07, a PEG ratio of 41.66 and a beta of 1.30.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. During the same period in the previous year, the firm earned $0.46 EPS. The business’s revenue for the quarter 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. Equities research analysts expect that Datadog, Inc. will post 0.61 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on DDOG shares. The Goldman Sachs Group boosted their price target on shares of Datadog from $121.00 to $139.00 and gave the stock a “sell” rating in a research report on Tuesday, May 12th. Citizens Jmp upgraded shares of Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 price target on the stock in a research report on Thursday, May 7th. CICC Research boosted their price target on shares of Datadog from $150.00 to $204.00 in a research report on Monday, May 11th. Raymond James Financial boosted their price target on shares of Datadog from $170.00 to $220.00 in a research report on Thursday, May 7th. Finally, Rothschild & Co Redburn started coverage on shares of Datadog in a research report on Thursday, April 23rd. They set a “buy” rating and a $170.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $213.98.

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.