Profund Advisors LLC cut its position in Datadog, Inc. (NASDAQ:DDOG – Free Report) by 7.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 34,672 shares of the company’s stock after selling 2,724 shares during the quarter. Profund Advisors LLC’s holdings in Datadog were worth $9,495,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of DDOG. First Trust Advisors LP lifted its holdings in shares of Datadog by 81.5% during the 1st quarter. First Trust Advisors LP now owns 3,685,562 shares of the company’s stock worth $435,081,000 after acquiring an additional 1,654,429 shares during the period. Assenagon Asset Management S.A. increased its stake in Datadog by 197.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,443,008 shares of the company’s stock valued at $669,018,000 after buying an additional 1,622,904 shares during the last quarter. Janus Henderson Group PLC raised its position in Datadog by 22.8% in the first quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after acquiring an additional 1,439,082 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in Datadog by 162.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,571,018 shares of the company’s stock worth $185,459,000 after buying an additional 971,910 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of Datadog by 30.3% during the 1st quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company’s stock valued at $312,340,000 after purchasing an additional 615,090 shares in the last quarter. Institutional investors own 78.29% of the company’s stock.
Datadog Trading Down 11.5%
DDOG opened at $235.27 on Friday. The company has a market cap of $84.48 billion, a P/E ratio of 480.15, a PEG ratio of 22.97 and a beta of 1.51. Datadog, Inc. has a one year low of $98.01 and a one year high of $300.68. The business’s 50-day simple moving average is $251.27 and its 200-day simple moving average is $198.14. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20.
Datadog (NASDAQ:DDOG – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%. Datadog’s quarterly revenue was up 35.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. As a group, equities research analysts expect that Datadog, Inc. will post 0.70 EPS for the current fiscal year.
Insider Buying and Selling at Datadog
In related news, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $227.02, for a total value of $12,239,102.24. Following the completion of the sale, the chief technology officer owned 509,805 shares in the company, valued at approximately $115,735,931.10. The trade was a 9.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Obstler sold 40,000 shares of the business’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $227.47, for a total transaction of $9,098,800.00. Following the sale, the chief financial officer owned 378,067 shares of the company’s stock, valued at approximately $85,998,900.49. The trade was a 9.57% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 904,934 shares of company stock valued at $220,279,519 in the last ninety days. Insiders own 6.48% of the company’s stock.
Trending Headlines about Datadog
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Datadog was named a Leader in the Forrester Wave: AIOps Platforms, Q4 2026. The recognition highlights its AI-powered observability platform and Bits AI capabilities for detecting, investigating and remediating operational issues, potentially strengthening its competitive position. Datadog Named a Leader in AIOps Platforms Research
- Positive Sentiment: A Wells Fargo analyst reportedly expects Datadog’s stock price to rise, providing some analyst support ahead of the company’s upcoming results. Datadog Stock Price Expected to Rise
- Neutral Sentiment: Wall Street is concentrating on Datadog’s third-quarter 2026 metrics, including revenue growth, customer additions, usage trends and profitability. The company’s latest reported quarter showed revenue growth of 35.6% year over year and adjusted EPS above expectations, but investors are likely demanding continued strength. Datadog Q3 Earnings Projections
- Negative Sentiment: Datadog fell alongside other cybersecurity and technology software stocks even as a major Binance cryptocurrency theft underscored demand for digital-security products. The move suggests broad market and sector selling, rather than a deterioration in Datadog’s fundamentals, is currently dominating trading. Datadog and Cybersecurity Stocks Fall
- Negative Sentiment: CTO Alexis Le-Quoc sold 43,224 shares worth approximately $12.1 million. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal, although insider selling can still weigh on sentiment. SEC Insider Trading Filing
Wall Street Analysts Forecast Growth
DDOG has been the subject of several recent analyst reports. Mizuho upped their price objective on shares of Datadog from $300.00 to $330.00 and gave the company an “outperform” rating in a research note on Thursday, October 15th. FBN Securities assumed coverage on shares of Datadog in a report on Friday, October 2nd. They set an “outperform” rating and a $325.00 price objective for the company. Wells Fargo & Company upped their price objective on Datadog from $295.00 to $325.00 and gave the company an “overweight” rating in a research report on Wednesday. Zacks Research downgraded Datadog from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. Finally, Needham & Company LLC increased their price objective on Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a report on Friday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $287.22.
Get Our Latest Stock Analysis on DDOG
Datadog Profile
Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.
Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.
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