Allspring Global Investments Holdings LLC Buys 11,597 Shares of Datadog, Inc. $DDOG

Allspring Global Investments Holdings LLC boosted its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 11.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 115,736 shares of the company’s stock after buying an additional 11,597 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Datadog were worth $13,734,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of DDOG. JPL Wealth Management LLC bought a new position in Datadog during the 3rd quarter valued at about $27,000. CoreCap Advisors LLC boosted its position in shares of Datadog by 1,461.5% during the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after buying an additional 190 shares during the period. Flagship Harbor Advisors LLC bought a new position in shares of Datadog during the fourth quarter valued at approximately $31,000. NBC Securities Inc. grew its stake in shares of Datadog by 242.6% during the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after buying an additional 165 shares during the last quarter. Finally, Rothschild Investment LLC raised its holdings in shares of Datadog by 52.5% in the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after buying an additional 94 shares during the period. 78.29% of the stock is currently owned by institutional investors.

Datadog Trading Down 3.2%

NASDAQ DDOG opened at $254.79 on Wednesday. Datadog, Inc. has a one year low of $98.01 and a one year high of $278.70. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The company has a market capitalization of $90.70 billion, a price-to-earnings ratio of 670.52, a price-to-earnings-growth ratio of 26.76 and a beta of 1.54. The company’s 50-day simple moving average is $238.98 and its two-hundred day simple moving average is $166.45.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.09. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. Datadog’s revenue was up 32.1% compared to the same quarter last year. During the same period last year, the company posted $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Equities analysts forecast that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on DDOG shares. Scotiabank boosted their price objective on Datadog from $225.00 to $275.00 and gave the company an “outperform” rating in a report on Thursday, June 18th. UBS Group lifted their target price on Datadog from $220.00 to $315.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. Rosenblatt Securities boosted their target price on shares of Datadog from $178.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Morgan Stanley cut shares of Datadog from an “overweight” rating to a “hold” rating in a report on Tuesday. Finally, Citizens Jmp raised their price target on shares of Datadog from $225.00 to $311.00 and gave the stock a “market outperform” rating in a research note on Monday. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.07.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Multiple analysts raised their price targets on Datadog, including Citizens JMP to $311, Wells Fargo to $295, and Oppenheimer to $300, all while maintaining bullish ratings. Read More
• Positive Sentiment: JMP Securities said infrastructure software remains in a stronger position than application software and called Datadog a top performer in its coverage, reinforcing optimism around the company’s cloud monitoring business. Article Title
• Neutral Sentiment: Datadog has surged sharply year to date, which has led some analysts to say the stock may have less room to run and could be vulnerable if upcoming results disappoint. Article Title
• Neutral Sentiment: Morgan Stanley said sentiment across software stocks has become too negative, suggesting some names could rebound, but the call was broad-based rather than specific to Datadog. Article Title
• Negative Sentiment: Investors are also digesting a headline noting that DDOG stock fell in the latest session, reflecting some profit-taking after its recent rally. Article Title

Insiders Place Their Bets

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, CFO David M. Obstler sold 75,000 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $231.69, for a total transaction of $17,376,750.00. Following the sale, the chief financial officer directly owned 434,591 shares of the company’s stock, valued at approximately $100,690,388.79. The trade was a 14.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 1,396,309 shares of company stock worth $317,712,002. Insiders own 6.48% of the company’s stock.

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.