Midwest Trust Co Increases Stake in Datadog, Inc. $DDOG

Midwest Trust Co lifted its position in Datadog, Inc. (NASDAQ:DDOG) by 5.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 40,878 shares of the company’s stock after buying an additional 2,286 shares during the period. Midwest Trust Co’s holdings in Datadog were worth $4,826,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nomura Asset Management Co. Ltd. raised its stake in Datadog by 8.0% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company’s stock worth $20,762,000 after buying an additional 11,348 shares in the last quarter. Norges Bank bought a new stake in Datadog during the 4th quarter valued at $469,461,000. MUFG Securities EMEA plc boosted its position in Datadog by 115.6% during the 4th quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company’s stock valued at $1,814,000 after acquiring an additional 7,154 shares in the last quarter. BNP Paribas increased its holdings in shares of Datadog by 18.4% in the 4th quarter. BNP Paribas now owns 41,280 shares of the company’s stock valued at $5,614,000 after acquiring an additional 6,403 shares during the period. Finally, Patton Fund Management Inc. raised its position in shares of Datadog by 1,964.8% in the 4th quarter. Patton Fund Management Inc. now owns 38,550 shares of the company’s stock worth $5,242,000 after acquiring an additional 36,683 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors.

Datadog Stock Performance

Shares of NASDAQ:DDOG opened at $257.54 on Monday. The business’s 50-day moving average is $226.55 and its 200 day moving average is $160.34. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $278.70. The firm has a market capitalization of $91.67 billion, a P/E ratio of 677.75, a P/E/G ratio of 26.19 and a beta of 1.54. 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 results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.09. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company’s quarterly revenue was up 32.1% on a year-over-year basis. During the same quarter last year, the company earned $0.46 earnings per share. 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 predict that Datadog, Inc. will post 0.64 earnings per share for the current fiscal year.

Key Headlines Impacting Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Needham reportedly reiterated a Buy rating and raised its price target, adding to the bullish analyst tone around Datadog’s cloud and AI growth prospects. Article link
• Positive Sentiment: Zacks Research upgraded Datadog from “hold” to “strong-buy,” reinforcing expectations that analysts see more upside ahead. Article link
• Positive Sentiment: Market commentary highlighted Datadog as one of several internet stocks with solid upside potential, citing AI-led growth, cloud demand, and enterprise adoption. Article link
• Positive Sentiment: Recent coverage emphasized Datadog’s AI-driven momentum, including revenue above $1 billion, record new logo bookings, and new AI-focused product launches that could support long-term growth. Article link
• Neutral Sentiment: Several articles focused on whether Datadog’s strong run and AI enthusiasm have already been priced in, with some analysts noting the stock still looks expensive on sales despite fair value on cash flow. Article link
• Neutral Sentiment: Datadog’s short-interest update showed no meaningful short position data change, so it does not appear to be a major trading driver.
• Negative Sentiment: One report noted insider selling, with Amit Agarwal disposing of 20,000 shares, which can add some caution around near-term sentiment. Article link

Insider Transactions at Datadog

In related news, 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 value of $29,853,600.00. Following the completion of the sale, the director directly owned 39,235 shares in the company, valued at $9,760,883.30. This trade represents a 75.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 transaction of $17,376,750.00. Following the sale, the chief financial officer directly owned 434,591 shares in the company, valued at approximately $100,690,388.79. This represents a 14.72% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,459,533 shares of company stock worth $322,938,830 over the last ninety days. 6.48% of the stock is currently owned by insiders.

Analysts Set New Price Targets

DDOG has been the topic of a number of recent research reports. Raymond James Financial raised their price objective on Datadog from $170.00 to $220.00 in a research report on Thursday, May 7th. Wall Street Zen upgraded shares of Datadog from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. BMO Capital Markets reissued an “outperform” rating and set a $260.00 price target on shares of Datadog in a research report on Friday, June 12th. Jefferies Financial Group upgraded shares of Datadog from a “buy” rating to a “buy” rating in a report on Monday, June 15th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $255.00 price objective on shares of Datadog in a research report on Thursday, June 11th. Two analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $244.73.

Datadog 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.