Los Angeles Capital Management LLC cut its holdings in shares of Datadog, Inc. (NASDAQ:DDOG – Free Report) by 38.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 61,622 shares of the company’s stock after selling 38,588 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Datadog were worth $8,380,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in Datadog by 30.3% during the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after purchasing an additional 9,748,738 shares during the last quarter. State Street Corp increased its holdings in 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 holdings in 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 increased its holdings in Datadog by 43.7% during the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock worth $1,036,787,000 after purchasing an additional 2,316,994 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in Datadog by 119.2% during the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock worth $580,383,000 after purchasing an additional 2,216,402 shares during the last quarter. 78.29% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, CEO Olivier Pomel sold 127,141 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief executive officer owned 835,679 shares in the company, valued at $167,002,091.36. The trade was a 13.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Matthew Jacobson sold 52,832 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $189.28, for a total value of $10,000,040.96. Following the transaction, the director owned 622,726 shares of the company’s stock, valued at $117,869,577.28. This represents a 7.82% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,092,745 shares of company stock worth $208,588,211. 6.48% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Get Our Latest Research Report on Datadog
Datadog Trading Down 1.0%
NASDAQ:DDOG opened at $231.68 on Tuesday. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $278.70. The firm has a market capitalization of $82.47 billion, a P/E ratio of 609.70, a P/E/G ratio of 25.07 and a beta of 1.56. 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 business has a 50 day simple moving average of $169.25 and a 200 day simple moving average of $145.42.
Datadog (NASDAQ:DDOG – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) 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 business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same quarter in the previous year, the firm posted $0.46 EPS. The business’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. Equities research analysts predict that Datadog, Inc. will post 0.61 EPS for the current year.
Key Datadog News
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Bank of America raised its price target on Datadog to $280 from $260 and reiterated a Buy rating, implying meaningful upside from recent trading levels. Benzinga article
- Positive Sentiment: Multiple analyst-writeups this morning highlighted Datadog as a buy candidate, reinforcing the view that Wall Street remains constructive on the company’s growth outlook. Zacks article
- Neutral Sentiment: A Yahoo Finance preview says investors should “mark their calendars for June 9,” suggesting an upcoming catalyst or event that could move the stock, though the article details are not yet clear. Yahoo Finance article
- Neutral Sentiment: Recent commentary has emphasized Datadog’s strong year-to-date rally and improved growth narrative after its beat-and-raise earnings report, which continues to support the stock’s premium valuation. Seeking Alpha article
- Negative Sentiment: Insider selling has been a drag on sentiment: Director Titilope Cole sold 5,131 shares, cutting her stake by more than 80%, adding to a cluster of recent executive sales at Datadog. SEC filing
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.
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