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

iA Global Asset Management Inc. grew its stake in Datadog, Inc. (NASDAQ:DDOG) by 6.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 40,456 shares of the company’s stock after purchasing an additional 2,425 shares during the quarter. iA Global Asset Management Inc.’s holdings in Datadog were worth $5,502,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of DDOG. Vanguard Group Inc. raised its stake 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 valued at $5,966,877,000 after purchasing an additional 9,748,738 shares in the last quarter. State Street Corp raised its stake in shares of 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. Jennison Associates LLC raised its stake in shares of Datadog by 43.7% in the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock valued at $1,036,787,000 after purchasing an additional 2,316,994 shares in the last quarter. Invesco Ltd. raised its stake 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 in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of Datadog by 99.8% in the 2nd quarter. AQR Capital Management LLC now owns 1,847,722 shares of the company’s stock valued at $247,983,000 after purchasing an additional 923,038 shares in the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Insider Buying and Selling

In other Datadog news, Director Matthew Jacobson sold 52,832 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $189.28, for a total value of $10,000,040.96. Following the sale, the director owned 622,726 shares in the company, valued at approximately $117,869,577.28. This trade represents a 7.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Julie Richardson sold 1,930 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $185.82, for a total transaction of $358,632.60. Following the completion of the sale, the director owned 2,106 shares in the company, valued at $391,336.92. The trade was a 47.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 842,739 shares of company stock valued at $121,023,123 in the last ninety days. Insiders own 6.48% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on DDOG shares. KeyCorp upped their target price on shares of Datadog from $155.00 to $225.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. TD Cowen increased their price objective on shares of Datadog from $190.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. BTIG Research increased their price objective on shares of Datadog from $170.00 to $212.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Cantor Fitzgerald dropped their price objective on shares of Datadog from $220.00 to $150.00 and set an “overweight” rating on the stock in a research note on Friday, February 6th. Finally, Monness Crespi & Hardt increased their price objective on shares of Datadog from $255.00 to $270.00 in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $213.38.

Datadog Price Performance

Shares of NASDAQ:DDOG opened at $207.98 on Monday. The firm’s 50 day moving average is $135.18 and its two-hundred day moving average is $138.96. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $211.28. The firm has a market capitalization of $74.03 billion, a P/E ratio of 547.33, a PEG ratio of 67.54 and a beta of 1.30. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same quarter last year, the business earned $0.46 earnings per share. Datadog’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. Analysts anticipate that Datadog, Inc. will post 0.35 earnings per share for the current year.

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.