Teachers Retirement System of The State of Kentucky Increases Stock Position in Datadog, Inc. $DDOG

Teachers Retirement System of The State of Kentucky raised its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 32.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 104,472 shares of the company’s stock after purchasing an additional 25,800 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Datadog were worth $14,876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in DDOG. Vanguard Group Inc. increased its stake in Datadog by 30.3% in the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after acquiring an additional 9,748,738 shares during the last quarter. Brown Advisory Inc. boosted its holdings in shares of Datadog by 23.3% in the 2nd quarter. Brown Advisory Inc. now owns 5,983,687 shares of the company’s stock worth $803,793,000 after purchasing an additional 1,130,675 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Datadog by 4.3% in the 2nd quarter. Geode Capital Management LLC now owns 5,827,784 shares of the company’s stock worth $780,727,000 after purchasing an additional 242,273 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Datadog by 0.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,289,570 shares of the company’s stock valued at $610,835,000 after purchasing an additional 40,276 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Datadog during the 2nd quarter valued at about $347,728,000. 78.29% of the stock is owned by institutional investors.

Insider Transactions at Datadog

In other news, CTO Alexis Le-Quoc sold 43,106 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $126.79, for a total transaction of $5,465,409.74. Following the transaction, the chief technology officer directly owned 490,798 shares of the company’s stock, valued at approximately $62,228,278.42. The trade was a 8.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Olivier Pomel sold 11,195 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 518,133 shares of the company’s stock, valued at approximately $71,466,084.69. This represents a 2.11% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 224,071 shares of company stock worth $31,115,931. 8.70% of the stock is currently owned by insiders.

Datadog Price Performance

Shares of Datadog stock opened at $111.77 on Wednesday. The company’s fifty day simple moving average is $125.03 and its two-hundred day simple moving average is $142.04. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $201.69. The firm has a market cap of $39.41 billion, a PE ratio of 360.55, a price-to-earnings-growth ratio of 30.54 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.

Datadog (NASDAQ:DDOG) last posted its earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The company had revenue of $953.19 million during the quarter, compared to analyst estimates of $916.53 million. During the same period in the prior year, the business posted $0.49 earnings per share. Datadog’s revenue for the quarter 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. As a group, equities analysts expect that Datadog, Inc. will post 0.34 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on DDOG. Canaccord Genuity Group reiterated a “buy” rating on shares of Datadog in a research report on Wednesday, February 11th. Royal Bank Of Canada cut their price objective on shares of Datadog from $175.00 to $150.00 and set an “outperform” rating for the company in a research note on Monday, February 9th. TD Cowen reaffirmed a “buy” rating on shares of Datadog in a report on Wednesday, January 21st. Weiss Ratings reissued a “sell (d+)” rating on shares of Datadog in a research note on Wednesday, January 21st. Finally, Canadian Imperial Bank of Commerce upgraded shares of Datadog from a “neutral” rating to a “sector outperform” rating and set a $240.00 price target for the company in a research report on Friday, November 7th. Thirty-six investment 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, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $179.62.

Datadog Company 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.