California Public Employees Retirement System Purchases 27,251 Shares of Datadog, Inc. $DDOG

California Public Employees Retirement System raised its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 5.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 532,440 shares of the company’s stock after purchasing an additional 27,251 shares during the quarter. California Public Employees Retirement System owned 0.15% of Datadog worth $75,819,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Rothschild Investment LLC raised its position in shares of Datadog by 126.6% during the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 100 shares during the period. Physician Wealth Advisors Inc. boosted its holdings in Datadog by 315.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after buying an additional 145 shares during the period. Westside Investment Management Inc. boosted its holdings in Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after buying an additional 75 shares during the period. Tripletail Wealth Management LLC purchased a new stake in Datadog in the 3rd quarter worth $28,000. Finally, Hazlett Burt & Watson Inc. purchased a new stake in Datadog in the 3rd quarter worth $28,000. 78.29% of the stock is currently owned by institutional investors.

Insider Transactions at Datadog

In other Datadog news, Director Amit Agarwal sold 20,000 shares of Datadog stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $124.81, for a total value of $2,496,200.00. Following the sale, the director owned 1,640 shares of the company’s stock, valued at $204,688.40. The trade was a 92.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CRO Sean Michael Walters sold 22,330 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $125.68, for a total value of $2,806,434.40. Following the sale, the executive directly owned 238,384 shares in the company, valued at $29,960,101.12. This trade represents a 8.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 388,864 shares of company stock worth $48,415,898. 6.67% of the stock is owned by corporate insiders.

Datadog Stock Up 1.6%

DDOG opened at $126.57 on Tuesday. The company has a market capitalization of $44.63 billion, a PE ratio of 408.29, a price-to-earnings-growth ratio of 34.23 and a beta of 1.31. The firm has a 50-day simple moving average of $122.93 and a two-hundred day simple moving average of $141.68. The company has a quick ratio of 3.38, a current ratio of 3.38 and a debt-to-equity ratio of 0.26. Datadog, Inc. has a 52 week low of $81.63 and a 52 week high of $201.69.

Datadog (NASDAQ:DDOG) last issued its earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.04. The firm had revenue of $953.19 million for the quarter, compared to analysts’ expectations of $916.53 million. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The business’s revenue was up 29.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.49 earnings per share. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. Analysts forecast that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on DDOG shares. BTIG Research lowered their price objective on Datadog from $221.00 to $170.00 and set a “buy” rating on the stock in a research report on Tuesday, February 10th. DA Davidson reiterated a “buy” rating and set a $225.00 target price on shares of Datadog in a research report on Tuesday, February 17th. Needham & Company LLC decreased their target price on Datadog from $220.00 to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, February 10th. Citigroup lowered their price target on Datadog from $200.00 to $175.00 and set a “buy” rating on the stock in a report on Friday, January 16th. Finally, Mizuho dropped their price target on Datadog from $200.00 to $170.00 and set an “outperform” rating for the company in a research note on Wednesday, January 21st. Thirty-six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $179.62.

Datadog 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.