Datadog, Inc. $DDOG Shares Sold by Panagora Asset Management Inc.

Panagora Asset Management Inc. cut its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 44.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 343,976 shares of the company’s stock after selling 276,814 shares during the quarter. Panagora Asset Management Inc.’s holdings in Datadog were worth $46,777,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Elevation Point Wealth Partners LLC raised its position in Datadog by 3.3% in the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock worth $242,000 after acquiring an additional 55 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in Datadog by 1.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock worth $622,000 after acquiring an additional 73 shares in the last quarter. Vivaldi Capital Management LP raised its position in Datadog by 2.8% in the third quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock worth $383,000 after acquiring an additional 74 shares in the last quarter. Farther Finance Advisors LLC raised its position in Datadog by 2.0% in the fourth quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock worth $529,000 after acquiring an additional 78 shares in the last quarter. Finally, Roberts Wealth Advisors LLC raised its position in Datadog by 0.6% in the fourth quarter. Roberts Wealth Advisors LLC now owns 14,041 shares of the company’s stock worth $1,909,000 after acquiring an additional 81 shares in the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

Datadog Trading Up 1.4%

Shares of DDOG stock opened at $233.09 on Tuesday. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The stock has a market cap of $82.97 billion, a P/E ratio of 613.41, a P/E/G ratio of 24.62 and a beta of 1.56. The business has a fifty day simple moving average of $180.54 and a 200-day simple moving average of $147.82. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $960.12 million. During the same quarter last year, the business posted $0.46 earnings per share. The business’s revenue for the quarter was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, analysts forecast that Datadog, Inc. will post 0.61 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on DDOG. Craig Hallum began coverage on Datadog in a research report on Monday. They issued a “buy” rating for the company. Robert W. Baird set a $210.00 price objective on Datadog in a research report on Friday, May 8th. UBS Group increased their price objective on Datadog from $195.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $226.00 price objective on shares of Datadog in a research report on Thursday. Finally, Daiwa Securities Group increased their price objective on Datadog from $190.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $234.14.

Insiders Place Their Bets

In other news, Director Matthew Jacobson sold 52,832 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $189.28, for a total value of $10,000,040.96. Following the completion of the transaction, the director owned 622,726 shares in the company, valued at $117,869,577.28. This trade represents a 7.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $271.05, for a total value of $14,612,847.60. Following the completion of the transaction, the chief technology officer owned 531,311 shares of the company’s stock, valued at approximately $144,011,846.55. This represents a 9.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 1,221,989 shares of company stock valued at $247,443,046. Company insiders own 6.48% of the company’s stock.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Truist Financial upgraded Datadog from hold to buy and raised its price target to $300 from $190, citing additional upside from the company’s growth outlook. Truist Just Upgraded Datadog Stock. Here’s Why.
• Positive Sentiment: Coverage highlighted Datadog’s expanding AI observability, cloud monitoring, and security businesses, noting that demand is broadening and still supporting strong revenue growth and cash generation. Datadog (DDOG): AI Observability Push Shows Why Cloud Monitoring Demand Is Broadening
• Positive Sentiment: Datadog’s Dash conference news was seen as constructive after the company unveiled 100+ new AI and security features, strengthening its position as a control layer for AI and cloud workloads and supporting the recent guidance increase. How Datadog’s Dash AI and Security Expansion Will Impact Datadog (DDOG) Investors
• Neutral Sentiment: The stock has also drawn attention from valuation-focused commentary, which said Datadog looks somewhat rich after a strong run. That could temper enthusiasm, even though momentum remains strong. Datadog (DDOG) Stock Valuation Looks Slightly Rich After Strong Momentum
• Negative Sentiment: Company insider Sean Michael Walters sold shares in a pre-arranged Rule 10b5-1 plan. While routine, insider selling can sometimes be viewed as a mild caution signal by investors. Insider trade details

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.