Whittier Trust Co. of Nevada Inc. Purchases 2,319 Shares of Datadog, Inc. $DDOG

Whittier Trust Co. of Nevada Inc. increased its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 5.0% during the first quarter, Holdings Channel.com reports. The institutional investor owned 48,854 shares of the company’s stock after purchasing an additional 2,319 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Datadog were worth $5,691,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD lifted its stake in Datadog by 7.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock valued at $1,961,496,000 after acquiring an additional 956,993 shares during the last quarter. State Street Corp increased its stake in shares of Datadog by 106.8% during the 3rd 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. Geode Capital Management LLC increased its stake in shares of Datadog by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock worth $1,227,184,000 after purchasing an additional 197,816 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of Datadog by 43.7% in the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock valued at $1,036,787,000 after purchasing an additional 2,316,994 shares during the period. Finally, Invesco Ltd. raised its holdings in shares of Datadog by 119.2% in the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after purchasing an additional 2,216,402 shares during the period. 78.29% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Michael James Callahan sold 12,500 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $267.47, for a total transaction of $3,343,375.00. Following the transaction, the director directly owned 14,996 shares of the company’s stock, valued at approximately $4,010,980.12. This trade represents a 45.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 84,698 shares of Datadog stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $232.30, for a total transaction of $19,675,345.40. Following the completion of the sale, the chief executive officer owned 612,747 shares of the company’s stock, valued at approximately $142,341,128.10. The trade was a 12.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,448,064 shares of company stock worth $311,008,822. 6.48% of the stock is currently owned by insiders.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Benchmark raised its price target on Datadog to a Street-high $330 from $260 and kept a Buy rating, citing strong execution in the company’s product-led growth strategy and continued customer momentum. Benchmark Lifts PT on Datadog (DDOG), Remains Bullish
• Positive Sentiment: Datadog’s acquisition of Adaptive ML supports its push deeper into AI research and observability, which investors may view as a longer-term growth driver. Datadog (DDOG): The Best High Growth Cybersecurity Stock to Buy Now
• Neutral Sentiment: Director Michael James Callahan sold 12,500 shares in a pre-arranged Rule 10b5-1 transaction, which may weigh on sentiment but does not necessarily signal a negative view on the company’s outlook. SEC filing
• Negative Sentiment: Bernstein downgraded Datadog to Market Perform, warning that growth could slow and that fourth-quarter revenue growth may come in around 29%, below investor expectations. This Analyst Just Downgraded Datadog Stock. Here’s Why.
• Negative Sentiment: Bernstein also flagged “upcoming caution” around Datadog’s AI growth story, suggesting the market may be pricing in too much optimism ahead of a potentially softer Q4. Datadog in spotlight as Bernstein downgrades, citing upcoming ‘caution’

Datadog Stock Performance

NASDAQ DDOG traded up $4.30 on Tuesday, reaching $259.68. The stock had a trading volume of 950,968 shares, compared to its average volume of 5,781,605. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The company has a market cap of $92.43 billion, a P/E ratio of 681.65, a price-to-earnings-growth ratio of 26.47 and a beta of 1.54. The firm has a fifty day moving average of $213.66 and a two-hundred day moving average of $156.10. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $278.70.

Datadog (NASDAQ:DDOG) last posted its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company’s revenue was up 32.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.46 earnings per share. 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, equities research analysts anticipate that Datadog, Inc. will post 0.64 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on DDOG shares. Wall Street Zen upgraded Datadog from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. The Goldman Sachs Group raised their price objective on Datadog from $121.00 to $139.00 and gave the company a “sell” rating in a research report on Tuesday, May 12th. Wedbush began coverage on Datadog in a research note on Monday, June 15th. They set a “neutral” rating for the company. Evercore boosted their target price on Datadog from $225.00 to $265.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $275.00 price target (up from $230.00) on shares of Datadog in a report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Datadog presently has an average rating of “Moderate Buy” and an average price target of $244.73.

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.