Neuberger Berman Group LLC Buys 61,160 Shares of Datadog, Inc. $DDOG

Neuberger Berman Group LLC grew its position in Datadog, Inc. (NASDAQ:DDOG) by 13.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 529,779 shares of the company’s stock after purchasing an additional 61,160 shares during the period. Neuberger Berman Group LLC’s holdings in Datadog were worth $75,440,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in DDOG. Vanguard Group Inc. lifted its holdings in Datadog by 30.3% during the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after purchasing an additional 9,748,738 shares during the last quarter. Brown Advisory Inc. grew its stake in Datadog by 23.3% during the second quarter. Brown Advisory Inc. now owns 5,983,687 shares of the company’s stock worth $803,793,000 after buying an additional 1,130,675 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Datadog by 4.3% during the second quarter. Geode Capital Management LLC now owns 5,827,784 shares of the company’s stock worth $780,727,000 after buying an additional 242,273 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Datadog by 0.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,289,570 shares of the company’s stock worth $610,835,000 after buying an additional 40,276 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Datadog in the second quarter valued at approximately $347,728,000. Institutional investors own 78.29% of the company’s stock.

Insider Transactions at Datadog

In related news, CTO Alexis Le-Quoc sold 43,106 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $126.79, for a total value of $5,465,409.74. Following the transaction, the chief technology officer owned 490,798 shares in the company, valued at $62,228,278.42. This trade represents a 8.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Olivier Pomel sold 68,922 shares of Datadog 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 292,993 shares of company stock worth $38,734,569 over the last 90 days. 8.70% of the stock is owned by insiders.

Datadog Price Performance

DDOG opened at $125.75 on Friday. 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 stock has a market capitalization of $44.34 billion, a P/E ratio of 405.65, a price-to-earnings-growth ratio of 33.63 and a beta of 1.31. The company’s 50 day simple moving average is $124.08 and its 200-day simple moving average is $141.71. Datadog, Inc. has a one year low of $81.63 and a one year high of $201.69.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings data 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 net margin of 3.14% and a return on equity of 4.14%. The firm had revenue of $953.19 million during the quarter, compared to analysts’ expectations of $916.53 million. Datadog’s revenue was up 29.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.49 EPS. 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 anticipate that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Needham & Company LLC reduced their target price on Datadog from $220.00 to $155.00 and set a “buy” rating on the stock in a report on Tuesday, February 10th. Morgan Stanley raised their price target on Datadog from $165.00 to $180.00 and gave the company an “equal weight” rating in a report on Friday, November 7th. BTIG Research cut their price objective on Datadog from $221.00 to $170.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. TD Cowen reissued a “buy” rating on shares of Datadog in a research note on Wednesday, January 21st. Finally, Wells Fargo & Company increased their target price on Datadog from $190.00 to $230.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. Thirty-six analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Datadog currently has a consensus rating of “Moderate Buy” and an average 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.