Bank of New York Mellon Corp Grows Position in Datadog, Inc. $DDOG

Bank of New York Mellon Corp boosted its holdings in Datadog, Inc. (NASDAQ:DDOG) by 16.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 2,232,478 shares of the company’s stock after acquiring an additional 312,161 shares during the period. Bank of New York Mellon Corp’s holdings in Datadog were worth $317,905,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of DDOG. Tripletail Wealth Management LLC bought a new stake in shares of Datadog in the third quarter worth approximately $28,000. Steigerwald Gordon & Koch Inc. bought a new stake in Datadog in the 3rd quarter worth approximately $40,000. Interchange Capital Partners LLC purchased a new stake in Datadog during the 2nd quarter valued at $42,000. Game Plan Financial Advisors LLC purchased a new stake in Datadog during the 3rd quarter valued at $43,000. Finally, Cromwell Holdings LLC lifted its holdings in shares of Datadog by 536.5% during the 3rd quarter. Cromwell Holdings LLC now owns 331 shares of the company’s stock valued at $47,000 after buying an additional 279 shares during the period. Institutional investors own 78.29% of the company’s stock.

Datadog Price Performance

Shares of NASDAQ:DDOG opened at $128.18 on Friday. The company has a market capitalization of $44.95 billion, a P/E ratio of 413.48, a P/E/G ratio of 25.07 and a beta of 1.26. Datadog, Inc. has a 1-year low of $81.63 and a 1-year high of $201.69. The firm’s 50 day simple moving average is $140.08 and its two-hundred day simple moving average is $145.40. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.66 and a quick ratio of 3.66.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.45 by $0.10. The firm had revenue of $885.65 million for the quarter, compared to the consensus estimate of $852.77 million. Datadog had a net margin of 3.32% and a return on equity of 4.14%. The company’s revenue was up 28.4% on a year-over-year basis. During the same period last year, the firm earned $0.46 EPS. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS and its Q4 2025 guidance at 0.54-0.56 EPS. Research analysts expect that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: The Iconic customer win highlights continued enterprise demand for Datadog’s monitoring platform, supporting recurring revenue growth. THE ICONIC boosts platform reliability with Datadog
• Positive Sentiment: Scotiabank continues to view DDOG as a “safe AI monitoring” play in the sector and kept an Outperform/sector-preferred stance, underlining confidence in Datadog’s strategic positioning despite the PT cut. Scotiabank Sees Datadog (DDOG) as Safe AI Monitoring Play
• Positive Sentiment: Recent analyst/market commentary and a video overview reiterate the high-growth SaaS narrative for Datadog, which can attract longer-term growth investors. Datadog (DDOG) stock analysis | High growth SaaS stock
• Neutral Sentiment: Daiwa issued a new rating on DDOG — the presence of fresh coverage can increase liquidity/attention but is neutral until details affect guidance or PTs. Datadog (DDOG) Receives a New Rating from Daiwa
• Neutral Sentiment: Coverage on “bullish DDOG notes” and possible shifts in Datadog’s AI-platform strategy flags investor interest in how the company leverages AI, but strategic details remain evolving. Are Bullish DDOG Notes Revealing a Deeper Shift
• Negative Sentiment: BMO cut its price target from $215 to $170 (while keeping an Outperform), which likely triggered short-term selling and contributed to downward momentum. DDOG: Price target lowered by BMO Capital Markets
• Negative Sentiment: Scotiabank trimmed its PT from $217 to $180 — even with a positive view, the PT cut reduces marginal upside for some investors and can pressure short-term sentiment. Scotiabank Issues Pessimistic Forecast for Datadog
• Negative Sentiment: Elevated trading volume and a spike in sell-side activity (reflected in today’s heavier-than-average volume) amplified downward price moves; reported short-interest data appears anomalous and not explanatory. (No link)

Insider Activity

In related news, Director Matthew Jacobson sold 404,306 shares of Datadog stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $199.60, for a total transaction of $80,699,477.60. Following the sale, the director owned 12,859 shares of the company’s stock, valued at approximately $2,566,656.40. This trade represents a 96.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Alexis Le-Quoc sold 53,912 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $197.99, for a total value of $10,674,036.88. Following the completion of the transaction, the chief technology officer directly owned 395,661 shares in the company, valued at approximately $78,336,921.39. This represents a 11.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,071,709 shares of company stock worth $192,590,597 over the last ninety days. Corporate insiders own 8.70% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on DDOG. BNP Paribas Exane cut their price objective on Datadog from $210.00 to $175.00 and set an “outperform” rating for the company in a report on Thursday, January 15th. Royal Bank Of Canada reduced their price target on shares of Datadog from $216.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Canaccord Genuity Group dropped their price objective on shares of Datadog from $225.00 to $210.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Wells Fargo & Company upped their target price on shares of Datadog from $190.00 to $230.00 and gave the company an “overweight” rating in a report on Friday, November 7th. Finally, Cantor Fitzgerald increased their price target on shares of Datadog from $179.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Thirty-five analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $190.77.

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.