Tredje AP fonden Sells 101,712 Shares of Datadog, Inc. $DDOG

Tredje AP fonden lowered its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 62.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,000 shares of the company’s stock after selling 101,712 shares during the quarter. Tredje AP fonden’s holdings in Datadog were worth $8,159,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of DDOG. Brighton Jones LLC bought a new position in Datadog during the fourth quarter worth $209,000. Bison Wealth LLC bought a new position in Datadog during the fourth quarter worth $228,000. Empowered Funds LLC increased its position in Datadog by 7.0% during the first quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after acquiring an additional 672 shares during the period. Geneos Wealth Management Inc. increased its position in Datadog by 17.6% during the first quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after acquiring an additional 115 shares during the period. Finally, Sivia Capital Partners LLC bought a new position in Datadog during the second quarter worth $509,000. Institutional investors own 78.29% of the company’s stock.

Datadog Trading Up 3.0%

Shares of Datadog stock opened at $215.15 on Wednesday. The firm has a market capitalization of $76.58 billion, a PE ratio of 566.20, a price-to-earnings-growth ratio of 67.81 and a beta of 1.30. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The company’s fifty day moving average price is $138.70 and its two-hundred day moving average price is $139.74. Datadog, Inc. has a 52-week low of $98.01 and a 52-week high of $215.68.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business’s revenue for the quarter was up 32.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.46 EPS. 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 expect that Datadog, Inc. will post 0.35 EPS for the current year.

Insider Transactions at Datadog

In other news, insider Yanbing Li sold 19,834 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $197.35, for a total value of $3,914,239.90. Following the sale, the insider owned 285,283 shares of the company’s stock, valued at approximately $56,300,600.05. This represents a 6.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Olivier Pomel sold 127,141 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the completion of the sale, the chief executive officer directly owned 835,679 shares in the company, valued at approximately $167,002,091.36. The trade was a 13.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 842,739 shares of company stock worth $121,023,123. 6.48% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on DDOG shares. Stifel Nicolaus set a $305.00 target price on shares of Datadog in a research report on Thursday, May 7th. Jefferies Financial Group set a $210.00 target price on shares of Datadog and gave the stock a “buy” rating in a research report on Thursday, May 7th. Evercore reaffirmed an “outperform” rating and set a $225.00 target price on shares of Datadog in a research report on Thursday, May 7th. Canaccord Genuity Group set a $225.00 target price on shares of Datadog in a research report on Friday, May 8th. Finally, Wedbush boosted their target price on shares of Datadog from $190.00 to $220.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

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.