New York State Common Retirement Fund Reduces Stake in Datadog, Inc. $DDOG

New York State Common Retirement Fund lessened its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 47.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 261,037 shares of the company’s stock after selling 238,555 shares during the period. New York State Common Retirement Fund owned 0.07% of Datadog worth $37,172,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DDOG. Tripletail Wealth Management LLC purchased a new stake in shares of Datadog during the 3rd quarter worth approximately $28,000. Steigerwald Gordon & Koch Inc. acquired a new stake in Datadog during the 3rd quarter worth $40,000. Interchange Capital Partners LLC acquired a new stake in Datadog during the 2nd quarter worth $42,000. Game Plan Financial Advisors LLC purchased a new stake in Datadog in the third quarter valued at $43,000. Finally, Cromwell Holdings LLC boosted its stake in Datadog by 536.5% in the third quarter. Cromwell Holdings LLC now owns 331 shares of the company’s stock valued at $47,000 after acquiring an additional 279 shares in the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Truist Financial cut their target price on Datadog from $195.00 to $140.00 and set a “hold” rating on the stock in a research report on Wednesday, January 7th. JPMorgan Chase & Co. raised their price target on Datadog from $140.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 7th. BNP Paribas Exane reduced their price objective on Datadog from $210.00 to $175.00 and set an “outperform” rating for the company in a research note on Thursday, January 15th. KeyCorp decreased their price objective on Datadog from $230.00 to $170.00 and set an “overweight” rating for the company in a report on Monday, January 12th. Finally, Robert W. Baird raised their target price on shares of Datadog from $165.00 to $220.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Thirty-five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Datadog has an average rating of “Moderate Buy” and a consensus target price of $190.38.

Insider Transactions at Datadog

In other news, CEO Olivier Pomel sold 100,754 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $181.18, for a total transaction of $18,254,609.72. Following the completion of the transaction, the chief executive officer directly owned 533,358 shares of the company’s stock, valued at approximately $96,633,802.44. This represents a 15.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Matthew Jacobson sold 404,306 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $199.60, for a total value of $80,699,477.60. Following the completion of the sale, the director directly owned 12,859 shares of the company’s stock, valued at $2,566,656.40. This represents a 96.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,104,127 shares of company stock worth $197,161,211 over the last ninety days. 8.70% of the stock is currently owned by company insiders.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Bernstein reaffirmed an Outperform rating and a $180 price target, arguing Datadog prefers organic growth over large acquisitions (which reduces M&A risk and keeps focus on core SaaS expansion). This endorsement from a major shop supports investor confidence. Datadog (DDOG) Prefers Organic Growth Over Large Acquisitions, Says Bernstein
• Positive Sentiment: Customer win: THE ICONIC chose Datadog to boost platform reliability, a tangible proof point for recurring revenue/expansion potential and enterprise adoption. Such logos help sales momentum and retention narratives. THE ICONIC boosts platform reliability with Datadog
• Neutral Sentiment: Analyst consensus remains modestly positive — databases show a “Moderate Buy” consensus, keeping general sentiment tilted toward accumulation but not unanimous conviction. Datadog Receives Consensus Rating of “Moderate Buy”
• Neutral Sentiment: Coverage pieces and strategy discussion (including notes about Datadog’s evolving AI platform) are highlighting potential product-led upside, but these are thematic and longer‑term drivers rather than immediate catalysts. Are Bullish DDOG Notes Revealing a Deeper Shift in Datadog’s AI Platform Strategy?
• Negative Sentiment: Insider selling: CTO Alexis Le‑Quoc sold 32,418 shares (~$4.57M) and trimmed his holding ~9.7%. Insider sales can spook investors even though the exec retains a large stake. SEC Form 4 — Alexis Le‑Quoc
• Negative Sentiment: Price‑target cuts: Rosenblatt trimmed its PT from $200 to $185 (still a buy) and BMO cut from $215 to $170 — these downgrades reduce near‑term upside expectations and can pressure momentum. Rosenblatt PT cut BMO PT cut
• Negative Sentiment: Scotiabank published a pessimistic forecast for DDOG, adding a naysayer view that could weigh on sentiment if echoed by other shops. Scotiabank Issues Pessimistic Forecast for Datadog

Datadog Price Performance

Datadog stock opened at $129.32 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.66 and a quick ratio of 3.66. The business has a 50 day simple moving average of $139.51 and a 200-day simple moving average of $145.34. Datadog, Inc. has a 12 month low of $81.63 and a 12 month high of $201.69. The stock has a market capitalization of $45.35 billion, a PE ratio of 417.16, a price-to-earnings-growth ratio of 22.87 and a beta of 1.26.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.10. The firm had revenue of $885.65 million for the quarter, compared to analyst estimates of $852.77 million. Datadog had a net margin of 3.32% and a return on equity of 4.14%. Datadog’s quarterly revenue was up 28.4% on a year-over-year basis. During the same period last year, the firm posted $0.46 EPS. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS and its Q4 2025 guidance at 0.54-0.56 EPS. Equities analysts predict that Datadog, Inc. will post 0.34 earnings per share 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.