Vanguard Group Inc. Has $5.97 Billion Holdings in Datadog, Inc. $DDOG

Vanguard Group Inc. raised its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 30.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 41,902,227 shares of the company’s stock after purchasing an additional 9,748,738 shares during the period. Vanguard Group Inc. owned 0.12% of Datadog worth $5,966,877,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in DDOG. Westside Investment Management Inc. increased its stake in Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after buying an additional 75 shares during the period. Nilsine Partners LLC grew its holdings in shares of Datadog by 2.4% during the 3rd quarter. Nilsine Partners LLC now owns 3,396 shares of the company’s stock valued at $484,000 after acquiring an additional 78 shares in the last quarter. PDS Planning Inc increased its stake in shares of Datadog by 4.2% in the third quarter. PDS Planning Inc now owns 1,975 shares of the company’s stock worth $281,000 after acquiring an additional 80 shares during the last quarter. Ameritas Investment Partners Inc. increased its stake in shares of Datadog by 0.8% in the second quarter. Ameritas Investment Partners Inc. now owns 10,466 shares of the company’s stock worth $1,406,000 after acquiring an additional 82 shares during the last quarter. Finally, Prostatis Group LLC raised its holdings in shares of Datadog by 4.6% during the third quarter. Prostatis Group LLC now owns 1,958 shares of the company’s stock worth $279,000 after acquiring an additional 87 shares in the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on DDOG shares. Mizuho lowered their target price on Datadog from $200.00 to $170.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 21st. Wells Fargo & Company boosted their price target on Datadog from $190.00 to $230.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Datadog in a research report on Wednesday, January 21st. Bank of America boosted their target price on shares of Datadog from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Finally, Citigroup dropped their price target on shares of Datadog from $200.00 to $175.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. Thirty-seven equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $179.50.

Insiders Place Their Bets

In other Datadog news, CEO Olivier Pomel sold 11,195 shares of the stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $137.93, for a total value 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 $71,466,084.69. This represents a 2.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Shardul Shah sold 7,916 shares of the business’s stock in a transaction dated Tuesday, January 13th. The stock was 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 approximately $42,550,147.89. The trade was a 2.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 380,515 shares of company stock valued at $55,760,478 in the last 90 days. 8.70% of the stock is currently owned by corporate insiders.

Datadog Stock Down 0.7%

DDOG stock opened at $125.20 on Tuesday. The stock has a market capitalization of $43.90 billion, a price-to-earnings ratio of 403.87, a price-to-earnings-growth ratio of 34.26 and a beta of 1.27. The company has a 50-day moving average of $131.65 and a two-hundred day moving average of $143.45. Datadog, Inc. has a 52-week low of $81.63 and a 52-week 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.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $916.53 million. During the same quarter in the previous year, the firm earned $0.49 EPS. The firm’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. As a group, equities research analysts anticipate that Datadog, Inc. will post 0.34 EPS for the current year.

Datadog 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.