Sands Capital Management LLC Lowers Stake in Datadog, Inc. $DDOG

Sands Capital Management LLC reduced its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 31.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,894,680 shares of the company’s stock after selling 877,335 shares during the quarter. Sands Capital Management LLC’s holdings in Datadog were worth $269,802,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in Datadog by 30.3% in the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after purchasing an additional 9,748,738 shares in the last quarter. Norges Bank purchased a new position in shares of Datadog in the 2nd quarter worth approximately $347,728,000. Dragoneer Investment Group LLC grew its position in shares of Datadog by 729.5% in the 2nd quarter. Dragoneer Investment Group LLC now owns 2,254,563 shares of the company’s stock worth $302,855,000 after buying an additional 1,982,763 shares during the last quarter. Brown Advisory Inc. raised its stake in shares of Datadog by 23.3% during the 2nd quarter. Brown Advisory Inc. now owns 5,983,687 shares of the company’s stock worth $803,793,000 after acquiring an additional 1,130,675 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in Datadog by 99.8% during the second quarter. AQR Capital Management LLC now owns 1,847,722 shares of the company’s stock valued at $247,983,000 after acquiring an additional 923,038 shares during the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Datadog Stock Down 4.3%

NASDAQ:DDOG opened at $123.08 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.38. The company’s fifty day moving average price is $123.60 and its 200-day moving average price is $141.84. Datadog, Inc. has a 1-year low of $81.63 and a 1-year high of $201.69. The firm has a market capitalization of $43.40 billion, a P/E ratio of 397.03, a PEG ratio of 35.34 and a beta of 1.31.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results 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 company had revenue of $953.19 million for the quarter, compared to the consensus estimate of $916.53 million. During the same period last year, the firm earned $0.49 EPS. The firm’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. As a group, equities research analysts anticipate that Datadog, Inc. will post 0.34 EPS for the current year.

Insider Activity at Datadog

In other news, CEO Olivier Pomel sold 68,922 shares of the stock in a transaction dated Monday, March 2nd. The shares were 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. This represents a 8.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Shardul Shah sold 7,916 shares of Datadog stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $124.89, for a total value of $988,629.24. Following the completion of the transaction, the director owned 340,701 shares of the company’s stock, valued at approximately $42,550,147.89. This represents a 2.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 292,622 shares of company stock worth $36,347,847. 6.67% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. BMO Capital Markets set a $165.00 target price on shares of Datadog in a research note on Wednesday, February 11th. KeyCorp dropped their target price on Datadog from $170.00 to $155.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Arete Research upped their target price on Datadog from $230.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Citizens Jmp reissued a “market perform” rating on shares of Datadog in a report on Wednesday, February 11th. Finally, Barclays cut their price objective on shares of Datadog from $195.00 to $165.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Thirty-six research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $179.62.

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.