Datadog, Inc. $DDOG Shares Bought by Vestcor Inc

Vestcor Inc grew its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 410.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 31,088 shares of the company’s stock after purchasing an additional 25,000 shares during the period. Vestcor Inc’s holdings in Datadog were worth $4,427,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Rothschild Investment LLC lifted its stake 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. boosted its holdings in Datadog by 315.2% during the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after buying an additional 145 shares in the last quarter. Westside Investment Management Inc. grew its position in Datadog by 74.3% during the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after buying an additional 75 shares during the period. Tripletail Wealth Management LLC acquired a new position in Datadog during the third quarter worth about $28,000. Finally, Hazlett Burt & Watson Inc. purchased a new position in Datadog in the third quarter valued at about $28,000. 78.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on DDOG shares. BMO Capital Markets set a $165.00 price target on shares of Datadog in a research report on Wednesday, February 11th. Sanford C. Bernstein restated an “outperform” rating on shares of Datadog in a report on Wednesday, January 21st. Moffett Nathanson reaffirmed a “buy” rating on shares of Datadog in a research note on Monday, December 29th. Wolfe Research reduced their price objective on Datadog from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Tuesday, February 10th. Finally, Capital One Financial boosted their target price on Datadog from $156.00 to $157.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Thirty-six 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $179.62.

Datadog Stock Up 2.2%

Shares of NASDAQ DDOG opened at $128.56 on Tuesday. The firm’s 50-day moving average is $123.89 and its two-hundred day moving average is $141.89. The company has a market capitalization of $45.33 billion, a PE ratio of 414.71, a price-to-earnings-growth ratio of 34.56 and a beta of 1.31. Datadog, Inc. has a 12-month low of $81.63 and a 12-month 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 3.38.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data 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 business had revenue of $953.19 million during the quarter, compared to analysts’ expectations of $916.53 million. During the same period last year, the company posted $0.49 EPS. The company’s revenue 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. Equities analysts anticipate that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Insiders Place Their Bets

In other Datadog news, CTO Alexis Le-Quoc sold 43,106 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $133.93, for a total transaction of $5,773,186.58. Following the completion of the transaction, the chief technology officer owned 301,458 shares of the company’s stock, valued at approximately $40,374,269.94. This trade represents a 12.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Shardul Shah sold 7,916 shares of the business’s stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $124.89, for a total value of $988,629.24. Following the completion of the transaction, the director directly owned 340,701 shares of the company’s stock, valued at approximately $42,550,147.89. This trade represents a 2.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 239,081 shares of company stock valued at $30,429,425. Corporate insiders own 6.67% of the company’s stock.

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.