Zevenbergen Capital Investments LLC Sells 13,550 Shares of Datadog, Inc. $DDOG

Zevenbergen Capital Investments LLC cut its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 6.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 192,715 shares of the company’s stock after selling 13,550 shares during the quarter. Zevenbergen Capital Investments LLC owned about 0.05% of Datadog worth $26,207,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Rothschild Investment LLC raised its holdings in Datadog by 126.6% in the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after buying an additional 100 shares during the last quarter. Physician Wealth Advisors Inc. lifted its position 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 acquiring an additional 145 shares in the last quarter. Westside Investment Management Inc. lifted its position 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 in the last quarter. JPL Wealth Management LLC purchased a new stake in Datadog during the 3rd quarter valued at $27,000. Finally, Tripletail Wealth Management LLC bought a new stake in shares of Datadog in the 3rd quarter worth $28,000. Institutional investors own 78.29% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on DDOG shares. Citizens Jmp reaffirmed a “market perform” rating on shares of Datadog in a research report on Wednesday, February 11th. Daiwa Securities Group initiated coverage on shares of Datadog in a research note on Tuesday, January 27th. They set a “buy” rating and a $190.00 target price on the stock. Stifel Nicolaus set a $160.00 price target on shares of Datadog and gave the stock a “buy” rating in a research note on Thursday, January 22nd. UBS Group set a $195.00 price objective on shares of Datadog in a report on Monday, February 9th. Finally, Truist Financial dropped their target price on shares of Datadog from $195.00 to $140.00 and set a “hold” rating on the stock in a report on Wednesday, January 7th. Thirty-six analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Datadog presently has an average rating of “Moderate Buy” and an average price target of $179.62.

Insider Buying and Selling

In related news, Director Amit Agarwal sold 20,000 shares of Datadog stock in a transaction on Monday, March 16th. The stock was sold at an average price of $126.73, for a total transaction of $2,534,600.00. Following the transaction, the director directly owned 1,640 shares in the company, valued at approximately $207,837.20. The trade was a 92.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Olivier Pomel sold 68,922 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $110.54, for a total value of $7,618,637.88. Following the completion of the sale, the chief executive officer owned 704,821 shares of the company’s stock, valued at approximately $77,910,913.34. The trade was a 8.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 460,112 shares of company stock valued at $57,007,923 in the last 90 days. 6.67% of the stock is owned by company insiders.

Datadog Stock Performance

DDOG opened at $115.81 on Tuesday. The company has a current ratio of 3.38, a quick ratio of 3.38 and a debt-to-equity ratio of 0.26. The company has a market cap of $40.83 billion, a price-to-earnings ratio of 373.58, a PEG ratio of 31.47 and a beta of 1.31. The company’s 50 day moving average is $122.46 and its 200 day moving average is $140.85. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $201.69.

Datadog (NASDAQ:DDOG) last announced its earnings results on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, beating 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 in the prior year, the company earned $0.49 earnings per share. The firm’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. On average, equities research analysts predict that Datadog, Inc. will post 0.34 EPS for the current 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.