LGT Fund Management Co Ltd. Acquires Shares of 40,354 Datadog, Inc. $DDOG

LGT Fund Management Co Ltd. bought a new position in Datadog, Inc. (NASDAQ:DDOG) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 40,354 shares of the company’s stock, valued at approximately $4,764,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. JPL Wealth Management LLC bought a new stake in shares of Datadog during the third quarter valued at approximately $27,000. CoreCap Advisors LLC boosted its stake in Datadog by 1,461.5% during the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after purchasing an additional 190 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new stake in Datadog during the 4th quarter valued at $31,000. NBC Securities Inc. increased its holdings in shares of Datadog by 242.6% in the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after purchasing an additional 165 shares in the last quarter. Finally, Rothschild Investment LLC increased its holdings in shares of Datadog by 52.5% in the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after purchasing an additional 94 shares in the last quarter. Institutional investors own 78.29% of the company’s stock.

Datadog Stock Performance

Datadog stock traded down $11.46 during mid-day trading on Friday, reaching $257.54. 5,133,482 shares of the stock traded hands, compared to its average volume of 4,365,074. The stock has a market capitalization of $91.67 billion, a PE ratio of 677.75, a price-to-earnings-growth ratio of 26.19 and a beta of 1.54. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $278.70. The business’s 50-day moving average is $226.55 and its 200-day moving average is $160.21.

Datadog (NASDAQ:DDOG) last announced its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The business’s revenue for the quarter was up 32.1% on a year-over-year basis. During the same period last year, the firm posted $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, sell-side analysts predict that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Needham reportedly reiterated a Buy rating and raised its price target, adding to the bullish analyst tone around Datadog’s cloud and AI growth prospects. Article link
• Positive Sentiment: Zacks Research upgraded Datadog from “hold” to “strong-buy,” reinforcing expectations that analysts see more upside ahead. Article link
• Positive Sentiment: Market commentary highlighted Datadog as one of several internet stocks with solid upside potential, citing AI-led growth, cloud demand, and enterprise adoption. Article link
• Positive Sentiment: Recent coverage emphasized Datadog’s AI-driven momentum, including revenue above $1 billion, record new logo bookings, and new AI-focused product launches that could support long-term growth. Article link
• Neutral Sentiment: Several articles focused on whether Datadog’s strong run and AI enthusiasm have already been priced in, with some analysts noting the stock still looks expensive on sales despite fair value on cash flow. Article link
• Neutral Sentiment: Datadog’s short-interest update showed no meaningful short position data change, so it does not appear to be a major trading driver.
• Negative Sentiment: One report noted insider selling, with Amit Agarwal disposing of 20,000 shares, which can add some caution around near-term sentiment. Article link

Wall Street Analyst Weigh In

DDOG has been the topic of a number of research analyst reports. Barclays upped their price target on Datadog from $215.00 to $260.00 and gave the company an “overweight” rating in a report on Wednesday, June 10th. BMO Capital Markets reiterated an “outperform” rating and issued a $260.00 price objective on shares of Datadog in a report on Friday, June 12th. Cantor Fitzgerald reissued an “overweight” rating and issued a $226.00 target price on shares of Datadog in a research report on Thursday, June 11th. Morgan Stanley upgraded shares of Datadog from an “overweight” rating to an “overweight” rating in a research note on Monday, June 15th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $295.00 price target on shares of Datadog in a report on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $244.73.

Insider Transactions at Datadog

In related news, Director Michael James Callahan sold 112,500 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $231.60, for a total value of $26,055,000.00. Following the transaction, the director owned 14,996 shares of the company’s stock, valued at approximately $3,473,073.60. This trade represents a 88.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 127,141 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the sale, the chief executive officer owned 835,679 shares of the company’s stock, valued at $167,002,091.36. This trade represents a 13.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,459,533 shares of company stock worth $322,938,830. 6.48% of the stock is currently owned by corporate insiders.

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.