Datadog, Inc. $DDOG Shares Purchased by iA Global Asset Management Inc.

iA Global Asset Management Inc. increased its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 133.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 94,540 shares of the company’s stock after purchasing an additional 54,084 shares during the period. iA Global Asset Management Inc.’s holdings in Datadog were worth $11,160,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in DDOG. State Street Corp boosted its holdings in Datadog by 106.8% in the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after acquiring an additional 7,091,075 shares in the last quarter. Norges Bank acquired a new position in shares of Datadog during the fourth quarter valued at about $469,461,000. Jennison Associates LLC increased its holdings in shares of Datadog by 43.7% during the fourth quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock valued at $1,036,787,000 after acquiring an additional 2,316,994 shares in the last quarter. Invesco Ltd. raised its position in shares of Datadog by 119.2% in the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after purchasing an additional 2,216,402 shares during the last quarter. Finally, Employees Provident Fund Board purchased a new position in shares of Datadog in the 4th quarter valued at approximately $251,582,000. 78.29% of the stock is owned by institutional investors and hedge funds.

Datadog Stock Up 4.7%

DDOG stock opened at $260.36 on Wednesday. Datadog, Inc. has a one year low of $98.01 and a one year high of $278.70. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The firm’s fifty day moving average is $205.78 and its 200 day moving average is $153.66. The firm has a market cap of $92.68 billion, a PE ratio of 685.18, a P/E/G ratio of 25.27 and a beta of 1.56.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. During the same quarter in the prior year, the firm posted $0.46 earnings per share. The company’s 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. On average, research analysts forecast that Datadog, Inc. will post 0.64 EPS for the current year.

Key Stories Impacting Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog announced the acquisition of Adaptive ML, a frontier AI startup, to strengthen its AI research and development efforts and expand its AI lab capabilities in observability and security. Datadog Acquires Adaptive ML to Accelerate Its Investment in AI Research and Development
• Positive Sentiment: Bernstein reiterated a Buy rating on Datadog, adding to a broader wave of analyst optimism and price target increases that has helped support the stock. Datadog (DDOG) Receives a Buy from Bernstein
• Positive Sentiment: Analysts continue to view Datadog favorably overall, with recent target hikes and a consensus “Moderate Buy” rating signaling expectations for further upside. Datadog, Inc. (NASDAQ:DDOG) Receives Average Rating of “Moderate Buy” from Analysts
• Neutral Sentiment: Datadog received increased attention from investors and market-watchers, which reflects elevated interest but does not by itself change the fundamental outlook. Datadog, Inc. (DDOG) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: A director sold 20,000 shares under a pre-arranged 10b5-1 plan, which is worth noting but is not necessarily a bearish signal on its own. Datadog (NASDAQ:DDOG) Director Sells 20,000 Shares of Stock

Analyst Upgrades and Downgrades

A number of analysts recently commented on DDOG shares. Rothschild & Co Redburn assumed coverage on shares of Datadog in a research note on Thursday, April 23rd. They issued a “buy” rating and a $170.00 target price for the company. DA Davidson set a $250.00 price target on shares of Datadog in a research note on Friday, May 22nd. Monness Crespi & Hardt raised their price target on shares of Datadog from $255.00 to $270.00 in a report on Thursday, May 7th. TD Cowen lifted their price objective on shares of Datadog from $235.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Finally, Oppenheimer boosted their price objective on shares of Datadog from $200.00 to $220.00 in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $242.09.

Insider Transactions at Datadog

In other news, CFO David M. Obstler sold 75,000 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $231.69, for a total value of $17,376,750.00. Following the completion of the sale, the chief financial officer directly owned 434,591 shares in the company, valued at $100,690,388.79. The trade was a 14.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dev Ittycheria sold 120,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $248.78, for a total value of $29,853,600.00. Following the transaction, the director directly owned 39,235 shares of the company’s stock, valued at approximately $9,760,883.30. The trade was a 75.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,455,364 shares of company stock worth $308,333,730 over the last quarter. Company insiders own 6.48% of the company’s stock.

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.