Datadog, Inc. $DDOG Shares Purchased by Heritage Investors Management Corp

Heritage Investors Management Corp increased its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 51.5% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 112,653 shares of the company’s stock after purchasing an additional 38,272 shares during the quarter. Heritage Investors Management Corp’s holdings in Datadog were worth $13,299,000 as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

DDOG has been the topic of several research reports. Stifel Nicolaus set a $305.00 price target on shares of Datadog in a research note on Thursday, May 7th. DA Davidson set a $250.00 price objective on shares of Datadog in a research note on Friday, May 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $250.00 price objective on shares of Datadog in a report on Wednesday, June 10th. Guggenheim raised their target price on shares of Datadog from $175.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Jefferies Financial Group upgraded Datadog from a “buy” rating to a “buy” rating in a report on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and an average target price of $243.68.

Insider Buying and Selling

In other news, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $271.05, for a total transaction of $14,612,847.60. Following the completion of the sale, the chief technology officer owned 531,311 shares in the company, valued at $144,011,846.55. This trade represents a 9.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Dev Ittycheria sold 120,000 shares of Datadog stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $248.78, for a total transaction of $29,853,600.00. Following the sale, the director directly owned 39,235 shares in the company, valued at approximately $9,760,883.30. The trade was a 75.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,467,864 shares of company stock worth $311,427,105 over the last ninety days. 6.48% of the stock is currently owned by insiders.

Datadog Stock Down 1.6%

NASDAQ DDOG opened at $260.36 on Friday. The business’s fifty day simple moving average is $211.10 and its 200-day simple moving average is $155.27. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. The firm has a market cap of $92.68 billion, a PE ratio of 685.18, a P/E/G ratio of 26.89 and a beta of 1.54. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $278.70.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same quarter in the prior year, the firm posted $0.46 earnings per share. Datadog’s quarterly revenue was up 32.1% on a year-over-year basis. 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 anticipate that Datadog, Inc. will post 0.64 earnings per share for the current year.

About Datadog

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.