Amova Asset Management Americas Inc. Buys 18,322 Shares of Datadog, Inc. $DDOG

Amova Asset Management Americas Inc. raised its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 15.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 140,788 shares of the company’s stock after acquiring an additional 18,322 shares during the quarter. Amova Asset Management Americas Inc.’s holdings in Datadog were worth $16,616,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Nomura Asset Management Co. Ltd. raised its position in shares of Datadog by 8.0% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company’s stock worth $20,762,000 after purchasing an additional 11,348 shares during the last quarter. Norges Bank acquired a new stake in shares of Datadog in the fourth quarter worth approximately $469,461,000. MUFG Securities EMEA plc lifted its holdings in Datadog by 115.6% in the 4th quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company’s stock valued at $1,814,000 after purchasing an additional 7,154 shares in the last quarter. BNP Paribas boosted its stake in Datadog by 18.4% during the 4th quarter. BNP Paribas now owns 41,280 shares of the company’s stock worth $5,614,000 after purchasing an additional 6,403 shares during the last quarter. Finally, Patton Fund Management Inc. lifted its stake in shares of Datadog by 1,964.8% in the fourth quarter. Patton Fund Management Inc. now owns 38,550 shares of the company’s stock worth $5,242,000 after buying an additional 36,683 shares in the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Datadog news, Director Dev Ittycheria sold 120,000 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $248.78, for a total value of $29,853,600.00. Following the sale, the director owned 39,235 shares of the company’s stock, valued at $9,760,883.30. This trade represents a 75.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Alexis Le-Quoc sold 53,912 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $271.05, for a total transaction of $14,612,847.60. Following the transaction, the chief technology officer owned 531,311 shares of the company’s stock, valued at $144,011,846.55. This trade represents a 9.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 1,439,533 shares of company stock worth $323,367,430 over the last three months. 6.48% of the stock is owned by insiders.

Datadog Trading Up 1.7%

Shares of NASDAQ DDOG opened at $263.20 on Tuesday. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $278.70. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. The stock has a fifty day simple moving average of $237.89 and a 200-day simple moving average of $165.62. The stock has a market capitalization of $93.69 billion, a PE ratio of 692.65, a PEG ratio of 26.30 and a beta of 1.54.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. During the same quarter in the prior year, the company earned $0.46 earnings per share. The business’s quarterly revenue was up 32.1% on a year-over-year basis. 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, equities analysts forecast that Datadog, Inc. will post 0.64 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DDOG. Wedbush initiated coverage on shares of Datadog in a research note on Monday, June 15th. They set a “neutral” rating for the company. TD Cowen raised their target price on shares of Datadog from $235.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Canaccord Genuity Group upped their price target on Datadog from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. KeyCorp lifted their price target on Datadog from $225.00 to $320.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $280.00 target price on shares of Datadog in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $256.80.

Key Stories Impacting Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: JMP Securities raised its price target to $311 from $225 and kept an Outperform-style rating, saying infrastructure software looks stronger than applications and that Datadog has been a standout performer in its coverage. Why Datadog (DDOG) Stock Is Trading Up Today
• Positive Sentiment: Wells Fargo increased its target to $295 from $230 and reiterated an Overweight rating, suggesting more upside from current levels. Datadog Price Target Raised by Wells Fargo
• Positive Sentiment: Oppenheimer lifted its target to $300 from $220 and maintained an Outperform rating, adding to the wave of upbeat analyst calls. Datadog Price Target Raised by Oppenheimer
• Positive Sentiment: Another report said Citizens JMP raised Datadog’s target to $311 from $225, implying further confidence in the stock’s run after its strong year-to-date performance. Datadog Price Target Raised by Citizens JMP
• Neutral Sentiment: One comparison piece argued that Penguin is the better AI infrastructure buy than Datadog because of faster growth, AI momentum, and a lower valuation, which may temper enthusiasm but does not appear to be a direct catalyst. PENG vs. DDOG: Which AI Infrastructure Stock Is the Better Buy Now?

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.