USA Financial Formulas Takes $765,000 Position in Datadog, Inc. $DDOG

USA Financial Formulas acquired a new stake in Datadog, Inc. (NASDAQ:DDOG) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 5,627 shares of the company’s stock, valued at approximately $765,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in shares of Datadog by 30.3% in the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after purchasing an additional 9,748,738 shares during the period. State Street Corp boosted its stake in shares of Datadog by 106.8% during the third 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. Brown Advisory Inc. increased its holdings in Datadog by 23.3% during the second quarter. Brown Advisory Inc. now owns 5,983,687 shares of the company’s stock valued at $803,793,000 after buying an additional 1,130,675 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in Datadog by 0.9% during 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 period. Finally, Invesco Ltd. raised its stake in Datadog by 119.2% in 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. 78.29% of the stock is currently owned by institutional investors.

Insider Activity at Datadog

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $125.49, for a total value of $6,765,416.88. Following the completion of the transaction, the chief technology officer owned 437,257 shares in the company, valued at $54,871,380.93. This trade represents a 10.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CRO Sean Michael Walters sold 22,330 shares of Datadog stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $125.68, for a total value of $2,806,434.40. Following the sale, the executive directly owned 238,384 shares of the company’s stock, valued at approximately $29,960,101.12. This represents a 8.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 492,530 shares of company stock valued at $61,476,744 in the last ninety days. Company insiders own 6.67% of the company’s stock.

Datadog Stock Down 7.9%

DDOG stock opened at $114.48 on Friday. The stock has a market capitalization of $40.36 billion, a PE ratio of 369.29, a price-to-earnings-growth ratio of 31.47 and a beta of 1.31. Datadog, Inc. has a 52 week low of $81.63 and a 52 week high of $201.69. The company has a quick ratio of 3.38, a current ratio of 3.38 and a debt-to-equity ratio of 0.26. The firm has a 50 day moving average of $122.53 and a 200 day moving average of $141.00.

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

Analysts Set New Price Targets

Several analysts have issued reports on DDOG shares. Evercore dropped their target price on Datadog from $215.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday, February 2nd. Wolfe Research decreased their price objective on Datadog from $185.00 to $160.00 and set an “outperform” rating for the company in a research note on Tuesday, February 10th. Wall Street Zen lowered Datadog from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Mizuho decreased their price target on shares of Datadog from $200.00 to $170.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. Finally, Piper Sandler reduced their price objective on shares of Datadog from $225.00 to $195.00 and set an “overweight” rating for the company in a research note on Monday, January 5th. Thirty-six analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $179.62.

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.