Ilmarinen Mutual Pension Insurance Co Sells 4,500 Shares of Datadog, Inc. $DDOG

Ilmarinen Mutual Pension Insurance Co reduced its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 7.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 55,500 shares of the company’s stock after selling 4,500 shares during the quarter. Ilmarinen Mutual Pension Insurance Co’s holdings in Datadog were worth $7,547,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Elevation Point Wealth Partners LLC grew its stake in shares of Datadog by 3.3% during the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock valued at $242,000 after purchasing an additional 55 shares during the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of Datadog by 1.6% during the fourth quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock valued at $622,000 after purchasing an additional 73 shares during the last quarter. Vivaldi Capital Management LP grew its stake in shares of Datadog by 2.8% during the third quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock valued at $383,000 after purchasing an additional 74 shares during the last quarter. Westside Investment Management Inc. grew its stake in shares of Datadog by 74.3% during the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of Datadog by 2.0% during the fourth quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock valued at $529,000 after purchasing an additional 78 shares during the last quarter. 78.29% of the stock is owned by institutional investors.

Datadog Stock Up 1.5%

Shares of Datadog stock opened at $225.24 on Friday. 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, Inc. has a 12 month low of $98.01 and a 12 month high of $235.00. The business has a fifty day simple moving average of $151.89 and a 200 day simple moving average of $142.34. The stock has a market cap of $80.18 billion, a PE ratio of 592.75, a price-to-earnings-growth ratio of 41.56 and a beta of 1.30.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping 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 period in the previous year, the firm earned $0.46 earnings per share. The firm’s quarterly revenue was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Research analysts predict that Datadog, Inc. will post 0.61 EPS for the current year.

Insider Transactions at Datadog

In other news, CEO Olivier Pomel sold 127,141 shares of Datadog stock in a transaction 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 transaction, the chief executive officer directly 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Matthew Jacobson sold 52,832 shares of Datadog stock in a transaction on Friday, May 8th. The shares were sold at an average price of $189.28, for a total transaction of $10,000,040.96. Following the completion of the sale, the director owned 622,726 shares in the company, valued at $117,869,577.28. The trade was a 7.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 970,661 shares of company stock valued at $148,952,223 over the last three months. 6.48% of the stock is currently owned by corporate insiders.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Bank of America raised its price target on Datadog to $260 from $225, signaling more upside potential even after the stock’s strong run. MarketScreener article
• Positive Sentiment: Datadog and Carahsoft announced that Datadog for Government achieved FedRAMP High certification, which could expand adoption in the federal market and strengthen its security/observability offering. GlobeNewswire article
• Positive Sentiment: Multiple articles highlighted Datadog as a beneficiary of AI and cloud growth, while Wedbush reportedly added the stock to its AI 30 list, reinforcing the bullish long-term growth narrative. Barchart article
• Neutral Sentiment: Zacks described Datadog as a top-ranked growth stock, which supports the bullish case but does not add a specific new catalyst. Zacks article
• Neutral Sentiment: Goldman Sachs reportedly kept a Sell rating while raising its target, and a large insider sale by CEO Olivier Pomel may temper enthusiasm, though the trade was made under a pre-arranged 10b5-1 plan. Insider trade filing

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of Datadog in a research note on Friday. Monness Crespi & Hardt raised their price objective on shares of Datadog from $255.00 to $270.00 in a research note on Thursday, May 7th. Barclays raised their price objective on shares of Datadog from $148.00 to $215.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Stifel Nicolaus set a $305.00 price objective on shares of Datadog in a research note on Thursday, May 7th. Finally, Needham & Company LLC raised their price objective on shares of Datadog from $155.00 to $225.00 and gave the company a “buy” rating in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and an average price target of $218.95.

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.