AIA Group Ltd Invests $3.16 Million in Datadog, Inc. $DDOG

AIA Group Ltd bought a new stake in Datadog, Inc. (NASDAQ:DDOG) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 26,800 shares of the company’s stock, valued at approximately $3,164,000.

Several other hedge funds also recently made changes to their positions in the company. State Street Corp grew its stake in Datadog by 106.8% in the third 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 period. Norges Bank bought a new stake in shares of Datadog during the 4th quarter valued at $469,461,000. 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 valued at $1,036,787,000 after acquiring an additional 2,316,994 shares during the period. Invesco Ltd. lifted its position 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 acquiring an additional 2,216,402 shares during the period. Finally, Employees Provident Fund Board purchased a new stake in Datadog in the fourth quarter worth about $251,582,000. 78.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

DDOG has been the subject of a number of analyst reports. Truist Financial raised shares of Datadog from a “hold” rating to a “buy” rating and raised their target price for the company from $190.00 to $300.00 in a research note on Monday, June 15th. Wall Street Zen raised Datadog from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Barclays upped their price target on Datadog from $215.00 to $260.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 10th. Arete Research lifted their price objective on Datadog from $260.00 to $340.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Finally, DA Davidson set a $250.00 target price on Datadog in a report on Friday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $251.55.

Insider Transactions at Datadog

In other Datadog news, Director Amit Agarwal sold 20,000 shares of Datadog stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $267.41, for a total value of $5,348,200.00. Following the completion of the sale, the director owned 1,640 shares of the company’s stock, valued at approximately $438,552.40. The trade was a 92.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael James Callahan sold 12,500 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $267.47, for a total transaction of $3,343,375.00. Following the sale, the director owned 14,996 shares of the company’s stock, valued at approximately $4,010,980.12. This represents a 45.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,439,533 shares of company stock valued at $323,367,430. Company insiders own 6.48% of the company’s stock.

Datadog Stock Performance

Datadog stock opened at $258.69 on Monday. Datadog, Inc. has a one year low of $98.01 and a one year high of $278.70. The business’s fifty day moving average is $236.67 and its 200 day moving average is $164.73. The stock has a market capitalization of $92.08 billion, a PE ratio of 680.78, a price-to-earnings-growth ratio of 26.30 and a beta of 1.54. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The business 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%.Datadog’s revenue was up 32.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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. On average, sell-side analysts predict that Datadog, Inc. will post 0.64 EPS for the current year.

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.