Employees Provident Fund Board Takes $251.58 Million Position in Datadog, Inc. $DDOG

Employees Provident Fund Board acquired a new position in shares of Datadog, Inc. (NASDAQ:DDOG) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 1,850,000 shares of the company’s stock, valued at approximately $251,582,000. Datadog accounts for about 1.8% of Employees Provident Fund Board’s investment portfolio, making the stock its 16th largest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of DDOG. Nomura Asset Management Co. Ltd. lifted its stake in Datadog by 8.0% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company’s stock worth $20,762,000 after purchasing an additional 11,348 shares during the last quarter. MUFG Securities EMEA plc increased its stake in Datadog by 115.6% in the fourth quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company’s stock valued at $1,814,000 after purchasing an additional 7,154 shares during the last quarter. Norges Bank purchased a new position in Datadog in the fourth quarter valued at approximately $469,461,000. BNP Paribas raised its holdings in Datadog by 18.4% during the fourth quarter. BNP Paribas now owns 41,280 shares of the company’s stock worth $5,614,000 after purchasing an additional 6,403 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in Datadog by 71.3% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 170,310 shares of the company’s stock worth $24,288,000 after purchasing an additional 70,888 shares in the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Datadog Stock Performance

Shares of Datadog stock opened at $223.00 on Friday. The firm’s fifty day simple moving average is $189.22 and its 200-day simple moving average is $149.77. The stock has a market capitalization of $79.38 billion, a price-to-earnings ratio of 586.86, a PEG ratio of 23.88 and a beta of 1.56. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $278.70. 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 (NASDAQ:DDOG) last issued its quarterly earnings data 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 company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. Datadog’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 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. As a group, equities analysts forecast that Datadog, Inc. will post 0.61 earnings per share for the current year.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Truist upgraded Datadog to Buy from Hold and lifted its price target to $300, citing stronger demand tied to AI observability, cloud monitoring, and security products. Truist upgrades Datadog to Buy from Neutral
• Positive Sentiment: Scotiabank raised its target to $275 from $225 and kept a Sector Outperform rating, reinforcing expectations for further upside. Scotiabank adjusts price target on Datadog to 275 from 225
• Positive Sentiment: Other recent broker actions were also constructive, with Citigroup and Capital One lifting targets to $270 and $268, respectively, as analysts continue to point to durable AI-driven demand. Citi raises Datadog target to 270 citing durable AI-driven demand
• Neutral Sentiment: Coverage around Datadog’s strong Q1 results and observability consolidation strategy remains supportive, but it largely reiterates the company’s existing growth story rather than introducing a new catalyst. Can Observability Consolidation Create a Larger Opportunity for DDOG?
• Negative Sentiment: Recent insider selling by CEO Olivier Pomel and General Counsel Kerry Acocella may be creating some sentiment pressure, even though the trades were made under pre-arranged 10b5-1 plans. Datadog insider trade details

Insider Buying and Selling at Datadog

In related news, CEO Olivier Pomel sold 84,698 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $232.30, for a total transaction of $19,675,345.40. Following the transaction, the chief executive officer owned 612,747 shares of the company’s stock, valued at $142,341,128.10. This trade represents a 12.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Sean Michael Walters sold 11,876 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $231.02, for a total value of $2,743,593.52. Following the completion of the transaction, the executive owned 258,420 shares in the company, valued at $59,700,188.40. This trade represents a 4.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 1,444,558 shares of company stock valued at $299,060,922. Corporate insiders own 6.48% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on DDOG shares. Guggenheim upped their target price on shares of Datadog from $175.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Canadian Imperial Bank of Commerce lifted their price target on shares of Datadog from $250.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Capital One Financial boosted their price target on shares of Datadog from $217.00 to $268.00 and gave the company an “overweight” rating in a research report on Wednesday. Wall Street Zen upgraded shares of Datadog from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, Barclays raised their price objective on Datadog from $215.00 to $260.00 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $239.48.

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.