Datadog, Inc. $DDOG Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC boosted its stake in Datadog, Inc. (NASDAQ:DDOG) by 2.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 9,056,086 shares of the company’s stock after purchasing an additional 197,816 shares during the period. Geode Capital Management LLC’s holdings in Datadog were worth $1,227,184,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in DDOG. Brighton Jones LLC acquired a new position in Datadog in the 4th quarter valued at about $209,000. Bison Wealth LLC acquired a new position in Datadog in the 4th quarter valued at about $228,000. Empowered Funds LLC increased its position in Datadog by 7.0% in the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock valued at $1,023,000 after acquiring an additional 672 shares during the period. Geneos Wealth Management Inc. increased its position in Datadog by 17.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock valued at $76,000 after acquiring an additional 115 shares during the period. Finally, Sivia Capital Partners LLC acquired a new position in Datadog in the 2nd quarter valued at about $509,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

Key Stories Impacting Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Bank of America raised its price target on Datadog to $260 from $225, signaling more upside potential even after the stock’s strong run. MarketScreener article
• Positive Sentiment: Datadog and Carahsoft announced that Datadog for Government achieved FedRAMP High certification, which could expand adoption in the federal market and strengthen its security/observability offering. GlobeNewswire article
• Positive Sentiment: Multiple articles highlighted Datadog as a beneficiary of AI and cloud growth, while Wedbush reportedly added the stock to its AI 30 list, reinforcing the bullish long-term growth narrative. Barchart article
• Neutral Sentiment: Zacks described Datadog as a top-ranked growth stock, which supports the bullish case but does not add a specific new catalyst. Zacks article
• Neutral Sentiment: Goldman Sachs reportedly kept a Sell rating while raising its target, and a large insider sale by CEO Olivier Pomel may temper enthusiasm, though the trade was made under a pre-arranged 10b5-1 plan. Insider trade filing

Wall Street Analyst Weigh In

Several brokerages recently issued reports on DDOG. UBS Group boosted their price target on Datadog from $195.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Sanford C. Bernstein boosted their price target on Datadog from $167.00 to $180.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Bank of America lifted their price objective on Datadog from $225.00 to $260.00 in a report on Thursday. Daiwa Securities Group lifted their price objective on Datadog from $190.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Finally, KeyCorp lifted their price objective on Datadog from $155.00 to $225.00 and gave the company an “overweight” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $218.95.

Datadog Price Performance

Shares of DDOG opened at $225.24 on Friday. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $235.00. The stock’s 50 day moving average is $151.89 and its two-hundred day moving average is $142.34. The firm has a market capitalization of $80.18 billion, a PE ratio of 592.75, a P/E/G ratio of 41.56 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 data on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. During the same quarter in the previous year, the company earned $0.46 EPS. The firm’s revenue for the quarter 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. Research analysts anticipate that Datadog, Inc. will post 0.61 earnings per share for the current year.

Insider Buying and Selling at Datadog

In other news, CTO Alexis Le-Quoc sold 43,224 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $208.04, for a total transaction of $8,992,320.96. Following the sale, the chief technology officer owned 531,311 shares of the company’s stock, valued at $110,533,940.44. The trade was a 7.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Amit Agarwal sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $200.13, for a total value of $4,002,600.00. Following the sale, the director directly owned 1,640 shares in the company, valued at $328,213.20. This trade represents a 92.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 970,661 shares of company stock worth $148,952,223. Corporate insiders own 6.48% of the company’s stock.

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.