KCM Investment Advisors LLC Takes Position in Datadog, Inc. $DDOG

KCM Investment Advisors LLC acquired a new stake in Datadog, Inc. (NASDAQ:DDOG) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,652 shares of the company’s stock, valued at approximately $313,000.

A number of other institutional investors have also recently added to or reduced their stakes in DDOG. State Street Corp grew its position in Datadog by 106.8% during the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after buying an additional 7,091,075 shares during the period. Norges Bank acquired a new stake in shares of Datadog during the 4th quarter valued at approximately $469,461,000. Jennison Associates LLC boosted its stake in shares of Datadog by 43.7% during the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock worth $1,036,787,000 after acquiring an additional 2,316,994 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Datadog by 119.2% during the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock worth $580,383,000 after acquiring an additional 2,216,402 shares in the last quarter. Finally, Employees Provident Fund Board acquired a new stake in shares of Datadog in the 4th quarter worth approximately $251,582,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Sanford C. Bernstein downgraded Datadog from an “outperform” rating to a “market perform” rating and raised their price objective for the company from $180.00 to $226.00 in a research note on Monday, July 6th. Barclays boosted their target price on Datadog from $260.00 to $290.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. BMO Capital Markets reissued an “outperform” rating and issued a $260.00 target price on shares of Datadog in a report on Friday, June 12th. Royal Bank Of Canada restated an “outperform” rating and issued a $280.00 price target on shares of Datadog in a research report on Thursday, July 16th. Finally, Weiss Ratings raised Datadog from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $264.84.

Datadog Stock Performance

Datadog stock opened at $264.07 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The stock has a fifty day moving average of $244.01 and a two-hundred day moving average of $171.32. The company has a market capitalization of $94.00 billion, a price-to-earnings ratio of 694.93, a PEG ratio of 25.51 and a beta of 1.54. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.09. The business had revenue of $1.01 billion for 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 business’s revenue was up 32.1% on a year-over-year basis. During the same period in the prior year, the business 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, analysts anticipate that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Insider Transactions at Datadog

In other news, CEO Olivier Pomel sold 127,141 shares of Datadog stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the completion of the sale, the chief executive officer directly owned 835,679 shares in the company, valued at $167,002,091.36. The trade was a 13.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael James Callahan sold 112,500 shares of Datadog stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $231.60, for a total transaction of $26,055,000.00. Following the sale, the director owned 14,996 shares of the company’s stock, valued at approximately $3,473,073.60. This trade represents a 88.24% 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 1,486,587 shares of company stock worth $342,962,652 in the last ninety days. Company insiders own 6.48% of the company’s stock.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog and Cloudaware announced a partnership to bring Cloudaware LogSight to the Datadog Marketplace. The integration is designed to identify cloud services that are not sending logs to Datadog, potentially increasing log-management usage and strengthening Datadog’s observability platform. Cloudaware and Datadog partnership
• Positive Sentiment: The company’s growing mix of multi-year contracts increased remaining performance obligations by 51% to $3.48 billion. Investors view the larger backlog as evidence of stronger revenue predictability and support for Datadog’s higher fiscal 2026 outlook. Datadog multi-year contracts
• Positive Sentiment: Optimism is building ahead of Datadog’s August 6 earnings release. The latest quarter showed 32% year-over-year revenue growth to approximately $1.01 billion, while earnings exceeded expectations and management raised its full-year 2026 outlook. Analysts have cited durable cloud and AI-related demand, with BTIG raising its price target to $289 from $255 and maintaining a Buy rating. BTIG Datadog price target
• Neutral Sentiment: Institutional positioning is mixed: 555 investors added shares in the latest quarter, compared with 498 that reduced holdings. BlackRock and Citadel made notable additions, while FMR, T. Rowe Price and Massachusetts Financial Services reduced positions. This suggests continued interest but limited consensus.
• Negative Sentiment: Insiders have reported extensive selling, including recent transactions by CEO Olivier Pomel, CTO Alexis Le-Quoc and Director Amit Agarwal. The sales were conducted under pre-arranged Rule 10b5-1 plans, reducing their value as discretionary bearish signals, but they may still weigh on sentiment given DDOG’s sharp rally and elevated valuation.

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.