Principal Financial Group Inc. Has $56.40 Million Holdings in Datadog, Inc. $DDOG

Posted by Francis Steltz on Jul 18th, 2026

Principal Financial Group Inc. cut its stake in shares of Datadog, Inc. (NASDAQ:DDOG – Free Report) by 6.7% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 477,731 shares of the company’s stock after selling 34,057 shares during the period. Principal Financial Group Inc.’s holdings in Datadog were worth $56,396,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD boosted its position in Datadog by 7.1% during 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 purchasing an additional 956,993 shares during the last quarter. State Street Corp lifted its holdings in Datadog by 106.8% in 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 lifted its stake in shares of Datadog by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock worth $1,227,184,000 after buying an additional 197,816 shares during the last quarter. Jennison Associates LLC lifted its position 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 acquiring an additional 2,316,994 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Datadog by 119.2% during 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. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Insider Activity

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $271.05, for a total value of $14,612,847.60. Following the sale, the chief technology officer owned 531,311 shares in the company, valued at approximately $144,011,846.55. This represents a 9.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Olivier Pomel sold 127,141 shares of Datadog 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 sale, the chief executive officer directly owned 835,679 shares of the company’s stock, valued at $167,002,091.36. The trade was a 13.21% decrease in their position. 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 three months, insiders have sold 1,459,533 shares of company stock worth $325,887,030. Corporate insiders own 6.48% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on DDOG. BMO Capital Markets reiterated an “outperform” rating and issued a $260.00 target price on shares of Datadog in a research note on Friday, June 12th. Mizuho lifted their target price on shares of Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a research report on Wednesday. Guggenheim lifted their price objective on Datadog from $175.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, May 7th. The Goldman Sachs Group lifted their price objective on Datadog from $121.00 to $139.00 and gave the company a “sell” rating in a report on Tuesday, May 12th. Finally, Craig Hallum initiated coverage on shares of Datadog in a report on Monday, June 15th. They set a “buy” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $251.55.

View Our Latest Stock Analysis on Datadog

Datadog Trading Down 1.4%

DDOG opened at $258.69 on Friday. The firm’s fifty day moving average is $236.67 and its two-hundred day moving average is $164.54. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The firm has a market cap of $92.08 billion, a PE ratio of 680.78, a price-to-earnings-growth ratio of 26.67 and a beta of 1.54. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $278.70.

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

About Datadog

(Free Report)

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.