Janus Henderson Group PLC decreased its stake in shares of Datadog, Inc. (NASDAQ:DDOG – Free Report) by 21.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,310,487 shares of the company’s stock after selling 1,768,493 shares during the period. Janus Henderson Group PLC owned approximately 1.80% of Datadog worth $849,370,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in DDOG. Price T Rowe Associates Inc. MD increased its position in shares of 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 worth $1,961,496,000 after acquiring an additional 956,993 shares in the last quarter. State Street Corp lifted its stake in Datadog by 106.8% in the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock valued at $1,955,547,000 after acquiring an additional 7,091,075 shares during the last quarter. Geode Capital Management LLC raised its holdings 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 valued at $1,227,184,000 after purchasing an additional 197,816 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of Datadog by 43.7% during 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 in the last quarter. Finally, Invesco Ltd. lifted its stake 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 last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.
Datadog Price Performance
NASDAQ:DDOG opened at $226.63 on Thursday. The stock has a market cap of $80.67 billion, a P/E ratio of 596.41, a PEG ratio of 24.75 and a beta of 1.56. Datadog, Inc. has a one year low of $98.01 and a one year high of $278.70. The company has a fifty day moving average price of $184.96 and a 200 day moving average price of $148.81. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40.
Analyst Upgrades and Downgrades
DDOG has been the subject of several analyst reports. Robert W. Baird set a $210.00 price objective on shares of Datadog in a research note on Friday, May 8th. Wall Street Zen raised shares of Datadog from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Guggenheim lifted their price objective on shares of Datadog from $175.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Oppenheimer lifted their price objective on shares of Datadog from $200.00 to $220.00 in a research note on Thursday, May 7th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Datadog in a research note on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $238.34.
Check Out Our Latest Analysis on Datadog
Trending Headlines about Datadog
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Citigroup raised Datadog’s price target to $270 from $218 and kept a buy rating, citing durable AI-driven demand and implying more upside for the stock. Citi raises Datadog target to $270 citing durable AI-driven demand
- Positive Sentiment: Capital One Financial increased its price target on Datadog to $268 from $217 and reiterated an overweight view, reinforcing Wall Street optimism around the company’s growth trajectory. Capital One adjusts price target on Datadog to $268
- Positive Sentiment: Truist also upgraded Datadog to buy and raised its target to $300, with recent coverage pointing to stronger demand for Datadog’s AI observability, cloud monitoring, and security products. Truist Just Upgraded Datadog Stock. Here’s Why.
- Neutral Sentiment: Datadog shareholders backed the board and executive pay at the 2026 annual meeting, which removes a possible governance overhang but is unlikely to materially move the stock on its own. Datadog shareholders back board, pay at 2026 meeting
- Negative Sentiment: Several insiders, including General Counsel Kerry Acocella, Director Amit Agarwal, and CRO Sean Michael Walters, sold shares under pre-arranged 10b5-1 plans; while routine, insider selling can weigh on sentiment. Datadog insider trade details
Insider Activity
In other Datadog news, General Counsel Kerry Acocella sold 5,371 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $233.91, for a total value of $1,256,330.61. Following the transaction, the general counsel directly owned 127,866 shares of the company’s stock, valued at approximately $29,909,136.06. This trade represents a 4.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Sean Michael Walters sold 11,876 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $231.02, for a total transaction of $2,743,593.52. Following the completion of the sale, the executive owned 258,420 shares in the company, valued at $59,700,188.40. This represents a 4.39% 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 quarter, insiders have sold 1,359,860 shares of company stock worth $279,385,577. 6.48% of the stock is currently owned by insiders.
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.
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