Forsta AP Fonden Buys 3,100 Shares of Datadog, Inc. $DDOG

Forsta AP Fonden boosted its stake in shares of Datadog, Inc. (NASDAQ:DDOGFree Report) by 5.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,500 shares of the company’s stock after buying an additional 3,100 shares during the quarter. Forsta AP Fonden’s holdings in Datadog were worth $8,907,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Elevation Point Wealth Partners LLC lifted its holdings in Datadog by 3.3% during the 3rd quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock valued at $242,000 after buying an additional 55 shares in the last quarter. Chicago Partners Investment Group LLC lifted its holdings in shares of Datadog by 1.6% in the 4th quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock worth $622,000 after buying an additional 73 shares during the period. Vivaldi Capital Management LP lifted its holdings in shares of Datadog by 2.8% in the 3rd quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock worth $383,000 after buying an additional 74 shares during the period. Westside Investment Management Inc. lifted its holdings in shares of 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. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Datadog by 2.0% in the 4th quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock worth $529,000 after buying an additional 78 shares during the period. Institutional investors own 78.29% of the company’s stock.

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Insider Transactions at Datadog

In other news, CEO Olivier Pomel sold 127,141 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $199.84, for a total value of $25,407,857.44. Following the completion of the transaction, the chief executive officer directly owned 835,679 shares of the company’s stock, valued at approximately $167,002,091.36. The trade was a 13.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $125.49, for a total value of $6,765,416.88. Following the completion of the transaction, the chief technology officer directly owned 437,257 shares of the company’s stock, valued at approximately $54,871,380.93. The trade was a 10.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 848,198 shares of company stock valued at $135,415,163. Corporate insiders own 6.48% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on DDOG shares. Jefferies Financial Group set a $210.00 target price on Datadog and gave the stock a “buy” rating in a report on Thursday, May 7th. Daiwa Securities Group upped their target price on Datadog from $190.00 to $240.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Barclays upped their target price on Datadog from $148.00 to $215.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Citigroup upped their target price on Datadog from $175.00 to $218.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Finally, Wolfe Research lowered their target price on Datadog from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Datadog presently has an average rating of “Moderate Buy” and an average price target of $219.69.

Get Our Latest Analysis on DDOG

Datadog Stock Performance

DDOG opened at $247.35 on Monday. The firm has a market cap of $88.05 billion, a price-to-earnings ratio of 650.94, a PEG ratio of 26.41 and a beta of 1.56. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $249.81. The stock has a fifty day moving average price of $154.21 and a 200-day moving average price of $142.67.

Datadog (NASDAQ:DDOGGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.51 by $0.09. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The business’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.46 EPS. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, equities research analysts anticipate that Datadog, Inc. will post 0.61 earnings per share for the current fiscal year.

Datadog Company Profile

(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.

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Institutional Ownership by Quarter for Datadog (NASDAQ:DDOG)

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