Neuberger Berman Group LLC Acquires 61,160 Shares of Datadog, Inc. $DDOG

Neuberger Berman Group LLC raised its holdings in Datadog, Inc. (NASDAQ:DDOG) by 13.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 529,779 shares of the company’s stock after buying an additional 61,160 shares during the quarter. Neuberger Berman Group LLC owned 0.15% of Datadog worth $75,440,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC grew its stake in shares of Datadog by 25.2% in the third quarter. Aptus Capital Advisors LLC now owns 8,113 shares of the company’s stock worth $1,155,000 after acquiring an additional 1,634 shares during the last quarter. Crossmark Global Holdings Inc. raised its stake in Datadog by 47.9% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,244 shares of the company’s stock valued at $747,000 after purchasing an additional 1,699 shares during the last quarter. Leeward Financial Partners LLC raised its stake in Datadog by 17.8% during the 3rd quarter. Leeward Financial Partners LLC now owns 1,835 shares of the company’s stock valued at $261,000 after purchasing an additional 277 shares during the last quarter. Element Pointe Advisors LLC boosted its holdings in Datadog by 5.4% in the 3rd quarter. Element Pointe Advisors LLC now owns 3,116 shares of the company’s stock valued at $444,000 after purchasing an additional 159 shares during the period. Finally, ARK Investment Management LLC boosted its holdings in Datadog by 55.7% in the 3rd quarter. ARK Investment Management LLC now owns 220,178 shares of the company’s stock valued at $31,353,000 after purchasing an additional 78,787 shares during the period. 78.29% of the stock is owned by institutional investors.

Insider Buying and Selling at Datadog

In other Datadog news, CTO Alexis Le-Quoc sold 43,106 shares of Datadog stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $126.79, for a total transaction of $5,465,409.74. Following the sale, the chief technology officer directly owned 490,798 shares of the company’s stock, valued at approximately $62,228,278.42. The trade was a 8.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Shardul Shah sold 7,916 shares of the company’s stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $124.89, for a total value of $988,629.24. Following the completion of the sale, the director owned 340,701 shares in the company, valued at approximately $42,550,147.89. This represents a 2.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 292,993 shares of company stock valued at $38,734,569. 8.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. KeyCorp dropped their price objective on shares of Datadog from $170.00 to $155.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Barclays reduced their target price on shares of Datadog from $195.00 to $165.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Capital One Financial lifted their target price on Datadog from $156.00 to $157.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Mizuho lowered their price target on Datadog from $200.00 to $170.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 21st. Finally, Wall Street Zen cut Datadog from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Thirty-six research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Datadog presently has an average rating of “Moderate Buy” and a consensus target price of $179.62.

Datadog Trading Up 2.8%

Shares of DDOG stock opened at $125.75 on Friday. The firm has a fifty day moving average of $124.08 and a 200-day moving average of $141.71. The stock has a market cap of $44.34 billion, a price-to-earnings ratio of 405.65, a P/E/G ratio of 33.63 and a beta of 1.31. Datadog, Inc. has a 52-week low of $81.63 and a 52-week high of $201.69. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.38 and a current ratio of 3.38.

Datadog (NASDAQ:DDOG) last issued its earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. The business had revenue of $953.19 million for the quarter, compared to analyst estimates of $916.53 million. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The firm’s revenue was up 29.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.49 EPS. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. On average, equities research 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.