Datadog, Inc. $DDOG Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. raised its position in Datadog, Inc. (NASDAQ:DDOG) by 30.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,902,227 shares of the company’s stock after purchasing an additional 9,748,738 shares during the quarter. Vanguard Group Inc. owned about 12.02% of Datadog worth $5,966,877,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Brown Advisory Inc. increased its position in Datadog by 23.3% in the 2nd quarter. Brown Advisory Inc. now owns 5,983,687 shares of the company’s stock valued at $803,793,000 after acquiring an additional 1,130,675 shares during the period. Geode Capital Management LLC grew its stake in shares of Datadog by 4.3% in the second quarter. Geode Capital Management LLC now owns 5,827,784 shares of the company’s stock worth $780,727,000 after purchasing an additional 242,273 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Datadog by 0.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,289,570 shares of the company’s stock valued at $610,835,000 after purchasing an additional 40,276 shares during the period. Norges Bank bought a new stake in shares of Datadog during the second quarter valued at about $347,728,000. Finally, Dragoneer Investment Group LLC lifted its holdings in Datadog by 729.5% in the second quarter. Dragoneer Investment Group LLC now owns 2,254,563 shares of the company’s stock worth $302,855,000 after purchasing an additional 1,982,763 shares during the period. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have commented on DDOG. JPMorgan Chase & Co. raised their target price on shares of Datadog from $140.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Raymond James Financial dropped their target price on Datadog from $205.00 to $170.00 and set an “outperform” rating on the stock in a report on Tuesday, February 10th. Mizuho cut their target price on Datadog from $200.00 to $170.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. Evercore ISI dropped their price objective on Datadog from $215.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, February 2nd. Finally, Canadian Imperial Bank of Commerce upgraded Datadog from a “neutral” rating to a “sector outperform” rating and set a $240.00 price objective for the company in a report on Friday, November 7th. Thirty-seven investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $179.50.

Insiders Place Their Bets

In related news, CFO David M. Obstler sold 12,513 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $158.60, for a total value of $1,984,561.80. Following the completion of the transaction, the chief financial officer owned 374,138 shares of the company’s stock, valued at approximately $59,338,286.80. This trade represents a 3.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Alexis Le-Quoc sold 53,912 shares of the business’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $154.05, for a total transaction of $8,305,143.60. Following the sale, the chief technology officer directly owned 295,448 shares in the company, valued at approximately $45,513,764.40. This trade represents a 15.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 380,515 shares of company stock worth $55,760,478 over the last ninety days. 8.70% of the stock is currently owned by company insiders.

Datadog Stock Performance

Shares of NASDAQ DDOG opened at $125.20 on Tuesday. The company has a quick ratio of 3.66, a current ratio of 3.38 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $43.90 billion, a price-to-earnings ratio of 403.87, a PEG ratio of 34.26 and a beta of 1.27. The stock’s fifty day simple moving average is $131.65 and its 200 day simple moving average is $143.45. Datadog, Inc. has a 52-week low of $81.63 and a 52-week high of $201.69.

Datadog (NASDAQ:DDOG) last announced its earnings results on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.55 by $0.04. The business had revenue of $953.19 million during the quarter, compared to the consensus estimate of $916.53 million. Datadog had a return on equity of 4.14% and a net margin of 3.14%.Datadog’s revenue was up 29.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.49 earnings per share. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. As a group, sell-side analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

About Datadog

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.