Financiere des Professionnels Fonds d investissement inc. Acquires 10,676 Shares of Datadog, Inc. $DDOG

Financiere des Professionnels Fonds d investissement inc. raised its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 104.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 20,896 shares of the company’s stock after acquiring an additional 10,676 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.’s holdings in Datadog were worth $2,467,000 as of its most recent SEC filing.

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

Insider Buying and Selling

In other Datadog news, CEO Olivier Pomel sold 127,141 shares of the business’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 completion of the sale, the chief executive officer owned 835,679 shares of the company’s stock, valued at approximately $167,002,091.36. The trade was a 13.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David M. Obstler sold 75,000 shares of the company’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $231.69, for a total value of $17,376,750.00. Following the completion of the sale, the chief financial officer owned 434,591 shares of the company’s stock, valued at approximately $100,690,388.79. The trade was a 14.72% 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. Insiders sold 1,459,533 shares of company stock worth $325,887,030 in the last quarter. Company insiders own 6.48% of the company’s stock.

Datadog Stock Down 0.8%

Shares of DDOG stock opened at $262.32 on Friday. 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, Inc. has a 12 month low of $98.01 and a 12 month high of $278.70. The stock has a market cap of $93.38 billion, a P/E ratio of 690.33, a P/E/G ratio of 26.89 and a beta of 1.54. The company has a 50 day simple moving average of $235.50 and a two-hundred day simple moving average of $163.88.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. During the same quarter last year, the company posted $0.46 EPS. The company’s revenue 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. On average, research analysts expect that Datadog, Inc. will post 0.64 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on DDOG shares. Bank of America boosted their target price on Datadog from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Guggenheim raised their price target on shares of Datadog from $175.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Zacks Research upgraded shares of Datadog from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. Needham & Company LLC boosted their price objective on shares of Datadog from $225.00 to $260.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Finally, Wall Street Zen upgraded shares of Datadog from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Two research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $251.55.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog was recognized as a Leader in the 2026 Gartner Magic Quadrant for Observability Platforms for the sixth consecutive year, with Gartner again highlighting its strength in AI and LLM-powered application monitoring. Datadog Named a Leader in the 2026 Gartner® Magic Quadrant™ For Observability Platforms For Sixth Consecutive Year
• Positive Sentiment: KeyCorp raised its price target on Datadog to $320 from $225 and kept an overweight rating, signaling stronger analyst confidence in the stock’s growth potential. KeyCorp price target raise
• Neutral Sentiment: Datadog announced it will report second-quarter fiscal 2026 results before the market opens on August 6 and host a conference call at 8:00 a.m. ET. Datadog Announces Date of Second Quarter Fiscal Year 2026 Earnings Call
• Neutral Sentiment: Market commentary noted Datadog has been gaining attention as an AI and observability play and is nearing a potential technical buy point, reflecting continued investor interest rather than a new fundamental development. AI play Datadog nears a buy point on big money’s appetite for observability technology

Datadog Company 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.