38,300 Shares in Datadog, Inc. $DDOG Purchased by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System acquired a new position in Datadog, Inc. (NASDAQ:DDOGFree Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 38,300 shares of the company’s stock, valued at approximately $4,521,000.

Other large investors have also recently bought and sold shares of the company. JPL Wealth Management LLC bought a new position in Datadog in the 3rd quarter valued at $27,000. CoreCap Advisors LLC raised its position in shares of Datadog by 1,461.5% during the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after acquiring an additional 190 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of Datadog during the fourth quarter valued at $31,000. NBC Securities Inc. lifted its stake in shares of Datadog by 242.6% during the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after acquiring an additional 165 shares during the period. Finally, Rothschild Investment LLC boosted its holdings in Datadog by 52.5% in the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after acquiring an additional 94 shares during the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Datadog Price Performance

DDOG opened at $239.77 on Friday. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $278.70. The company has a fifty day simple moving average of $200.60 and a 200 day simple moving average of $152.22. The stock has a market cap of $85.35 billion, a P/E ratio of 630.99, a P/E/G ratio of 23.30 and a beta of 1.56.

Datadog (NASDAQ:DDOGGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. The company 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 revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period in the prior 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 expect that Datadog, Inc. will post 0.62 EPS for the current year.

Analyst Ratings Changes

A number of research firms have issued reports on DDOG. Rosenblatt Securities upped their target price on shares of Datadog from $178.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Jefferies Financial Group upgraded shares of Datadog from a “buy” rating to a “buy” rating in a research report on Monday, June 15th. Citizens Jmp raised shares of Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 price target for the company in a research note on Thursday, May 7th. Wolfe Research restated an “outperform” rating and issued a $295.00 price objective on shares of Datadog in a report on Thursday, June 11th. Finally, Evercore raised their price objective on shares of Datadog from $225.00 to $265.00 and gave the company an “outperform” rating in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $242.09.

Read Our Latest Analysis on DDOG

Insider Buying and Selling at Datadog

In related news, CEO Olivier Pomel sold 127,141 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the sale, the chief executive officer owned 835,679 shares in the company, valued at approximately $167,002,091.36. This represents a 13.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David M. Obstler sold 75,000 shares of the business’s stock in a transaction 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 transaction, the chief financial officer owned 434,591 shares in the company, valued at approximately $100,690,388.79. The trade was a 14.72% decrease in their ownership of the stock. 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 a total of 1,455,364 shares of company stock valued at $306,341,930 in the last three months. 6.48% of the stock is currently owned by insiders.

Datadog Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Datadog (NASDAQ:DDOG)

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