CI Investments Inc. Sells 119,785 Shares of Datadog, Inc. $DDOG

CI Investments Inc. cut its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 29.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 284,979 shares of the company’s stock after selling 119,785 shares during the quarter. CI Investments Inc.’s holdings in Datadog were worth $40,581,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Rothschild Investment LLC raised its position in shares of Datadog by 126.6% in the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares during the period. Physician Wealth Advisors Inc. grew its stake in Datadog by 315.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 145 shares during the last quarter. Westside Investment Management Inc. raised its holdings 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 acquiring an additional 75 shares during the period. Tripletail Wealth Management LLC bought a new position in Datadog in the 3rd quarter valued at about $28,000. Finally, Hazlett Burt & Watson Inc. acquired a new stake in Datadog during the third quarter worth approximately $28,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

Insiders Place Their Bets

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $154.05, for a total transaction of $8,305,143.60. Following the completion of the transaction, the chief technology officer directly owned 295,448 shares in the company, valued at $45,513,764.40. This represents a 15.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Olivier Pomel sold 11,195 shares of the stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $137.93, for a total transaction of $1,544,126.35. Following the completion of the transaction, the chief executive officer directly owned 518,133 shares of the company’s stock, valued at approximately $71,466,084.69. The trade was a 2.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 224,071 shares of company stock valued at $31,115,931. 8.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

DDOG has been the topic of several research reports. Needham & Company LLC decreased their target price on Datadog from $220.00 to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, February 10th. Royal Bank Of Canada decreased their price objective on Datadog from $175.00 to $150.00 and set an “outperform” rating on the stock in a report on Monday, February 9th. Rosenblatt Securities reissued a “buy” rating and set a $185.00 target price on shares of Datadog in a report on Wednesday, February 11th. Mizuho reduced their target price on shares of Datadog from $200.00 to $170.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. Finally, BTIG Research decreased their price target on shares of Datadog from $221.00 to $170.00 and set a “buy” rating on the stock in a research note on Tuesday, February 10th. Thirty-six investment 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $179.62.

Datadog Stock Up 0.6%

Shares of DDOG opened at $111.77 on Wednesday. The firm has a 50 day simple moving average of $125.03 and a two-hundred day simple moving average of $142.04. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.38. Datadog, Inc. has a one year low of $81.63 and a one year high of $201.69. The company has a market cap of $39.41 billion, a P/E ratio of 360.55, a P/E/G ratio of 30.54 and a beta of 1.31.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share (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 analyst estimates of $916.53 million. During the same quarter last year, the company posted $0.49 EPS. The company’s revenue for the quarter 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. Research analysts forecast that Datadog, Inc. will post 0.34 EPS for the current fiscal 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.