Datadog, Inc. $DDOG Stock Position Decreased by Groupama Asset Managment

Groupama Asset Managment cut its position in Datadog, Inc. (NASDAQ:DDOG) by 30.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,570,523 shares of the company’s stock after selling 2,029,477 shares during the period. Datadog accounts for 2.3% of Groupama Asset Managment’s holdings, making the stock its 7th largest position. Groupama Asset Managment’s holdings in Datadog were worth $650,842,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in DDOG. Vanguard Group Inc. lifted its holdings in Datadog by 30.3% in the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after purchasing an additional 9,748,738 shares in the last quarter. State Street Corp boosted its stake in Datadog by 106.8% during the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after purchasing an additional 7,091,075 shares during the last quarter. Brown Advisory Inc. grew its holdings in shares of Datadog by 23.3% during the second quarter. Brown Advisory Inc. now owns 5,983,687 shares of the company’s stock worth $803,793,000 after buying an additional 1,130,675 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Datadog by 0.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,289,570 shares of the company’s stock valued at $610,835,000 after buying an additional 40,276 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of Datadog by 119.2% in the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after buying an additional 2,216,402 shares during the last quarter. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DDOG has been the topic of a number of recent research reports. Citizens Jmp restated a “market perform” rating on shares of Datadog in a research report on Wednesday, February 11th. Wedbush cut their price objective on shares of Datadog from $215.00 to $190.00 and set an “outperform” rating for the company in a report on Wednesday, February 11th. Royal Bank Of Canada decreased their target price on shares of Datadog from $175.00 to $150.00 and set an “outperform” rating on the stock in a research note on Monday, February 9th. BNP Paribas Exane lowered their target price on Datadog from $210.00 to $175.00 and set an “outperform” rating on the stock in a report on Thursday, January 15th. Finally, Barclays dropped their price target on Datadog from $195.00 to $165.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Thirty-six analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued 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 $179.62.

Insider Buying and Selling

In other news, Director Amit Agarwal sold 20,000 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $126.73, for a total value of $2,534,600.00. Following the transaction, the director owned 1,640 shares of the company’s stock, valued at $207,837.20. This represents a 92.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Olivier Pomel sold 42,443 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $126.80, for a total value of $5,381,772.40. Following the transaction, the chief executive officer owned 704,821 shares of the company’s stock, valued at approximately $89,371,302.80. This represents a 5.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 440,112 shares of company stock valued at $54,788,144. 6.67% of the stock is currently owned by company insiders.

Datadog Stock Up 1.9%

DDOG stock opened at $131.26 on Thursday. The firm has a market cap of $46.28 billion, a PE ratio of 423.42, a PEG ratio of 35.42 and a beta of 1.31. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.38 and a current ratio of 3.38. The firm’s 50 day moving average price is $122.56 and its 200-day moving average price is $141.56. Datadog, Inc. has a one year low of $81.63 and a one year high of $201.69.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. The firm had revenue of $953.19 million for the quarter, compared to analysts’ expectations of $916.53 million. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The firm’s quarterly revenue was up 29.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.49 earnings per share. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. On average, equities research analysts anticipate that Datadog, Inc. will post 0.34 EPS for the current year.

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.