Elo Mutual Pension Insurance Co raised its position in Datadog, Inc. (NASDAQ:DDOG – Free Report) by 32.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 30,427 shares of the company’s stock after buying an additional 7,465 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Datadog were worth $4,333,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Rothschild Investment LLC boosted its position in Datadog by 126.6% during the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after acquiring an additional 100 shares during the last quarter. Physician Wealth Advisors Inc. increased its position in shares of Datadog by 315.2% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after purchasing an additional 145 shares during the last quarter. Westside Investment Management Inc. raised its stake in shares of Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after acquiring an additional 75 shares during the period. Tripletail Wealth Management LLC acquired a new position in Datadog during the third quarter worth $28,000. Finally, Hazlett Burt & Watson Inc. acquired a new position in Datadog during the 3rd quarter worth about $28,000. 78.29% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Datadog
In other Datadog news, CEO Olivier Pomel sold 11,195 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $137.93, for a total transaction of $1,544,126.35. Following the transaction, the chief executive officer owned 518,133 shares of the company’s stock, valued at approximately $71,466,084.69. This trade represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $154.05, for a total value of $8,305,143.60. Following the transaction, the chief technology officer directly owned 295,448 shares in the company, valued at approximately $45,513,764.40. This trade represents a 15.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 224,071 shares of company stock worth $31,115,931 over the last 90 days. Corporate insiders own 8.70% of the company’s stock.
Datadog Stock Performance
Datadog (NASDAQ:DDOG – Get Free Report) last issued its earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.04. The business had revenue of $953.19 million during the quarter, compared to analysts’ expectations of $916.53 million. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The company’s revenue for the quarter was up 29.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.49 EPS. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. Research analysts forecast that Datadog, Inc. will post 0.34 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on DDOG shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Datadog in a research note on Wednesday, January 21st. Jefferies Financial Group cut their price objective on Datadog from $180.00 to $160.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. BNP Paribas Exane decreased their target price on Datadog from $210.00 to $175.00 and set an “outperform” rating for the company in a report on Thursday, January 15th. Scotiabank lowered their target price on Datadog from $180.00 to $160.00 and set a “sector outperform” rating for the company in a research note on Wednesday, February 11th. Finally, Raymond James Financial cut their price target on Datadog from $205.00 to $170.00 and set an “outperform” rating on the stock in a report on Tuesday, February 10th. Thirty-six 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $179.62.
Check Out Our Latest Stock Analysis on Datadog
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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