Korea Investment CORP Sells 15,635 Shares of Datadog, Inc. $DDOG

Korea Investment CORP decreased its stake in Datadog, Inc. (NASDAQ:DDOG) by 6.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 212,287 shares of the company’s stock after selling 15,635 shares during the quarter. Korea Investment CORP owned approximately 0.06% of Datadog worth $30,230,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC bought a new position in shares of Datadog during the 4th quarter valued at approximately $209,000. Bison Wealth LLC bought a new stake in Datadog during the 4th quarter valued at approximately $228,000. Empowered Funds LLC raised its stake in Datadog by 7.0% during the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock valued at $1,023,000 after purchasing an additional 672 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Datadog by 17.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after purchasing an additional 115 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in Datadog in the 2nd quarter worth approximately $509,000. Institutional investors own 78.29% of the company’s stock.

Insider Buying and Selling

In other Datadog news, CEO Olivier Pomel sold 68,922 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $110.54, for a total transaction of $7,618,637.88. Following the sale, the chief executive officer directly owned 704,821 shares of the company’s stock, valued at $77,910,913.34. The trade was a 8.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CTO Alexis Le-Quoc sold 43,106 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $133.93, for a total value of $5,773,186.58. Following the sale, the chief technology officer owned 301,458 shares in the company, valued at approximately $40,374,269.94. This trade represents a 12.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 239,081 shares of company stock worth $30,429,425. Corporate insiders own 6.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on DDOG shares. Robert W. Baird set a $180.00 price objective on shares of Datadog in a report on Wednesday, February 11th. Raymond James Financial dropped their target price on shares of Datadog from $205.00 to $170.00 and set an “outperform” rating for the company in a research report on Tuesday, February 10th. Rosenblatt Securities reiterated a “buy” rating and issued a $185.00 price target on shares of Datadog in a report on Wednesday, February 11th. Citigroup decreased 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. Finally, Citizens Jmp restated a “market perform” rating on shares of Datadog in a research report on Wednesday, February 11th. Thirty-six analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and an average target price of $179.62.

Datadog Price Performance

Datadog stock opened at $128.56 on Tuesday. The company has a market cap of $45.33 billion, a price-to-earnings ratio of 414.71, a PEG ratio of 34.56 and a beta of 1.31. The firm’s fifty day moving average is $123.89 and its 200 day moving average is $141.89. 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, Inc. has a 52-week low of $81.63 and a 52-week high of $201.69.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.55 by $0.04. The business had revenue of $953.19 million during the quarter, compared to analyst estimates of $916.53 million. Datadog had a net margin of 3.14% and a return on equity of 4.14%. Datadog’s quarterly revenue was up 29.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.49 earnings per share. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. Sell-side analysts forecast that Datadog, Inc. will post 0.34 EPS for the current fiscal 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.