Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 1,929 Shares of Datadog, Inc. $DDOG

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in Datadog, Inc. (NASDAQ:DDOG) by 2.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 75,700 shares of the company’s stock after selling 1,929 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Datadog were worth $10,294,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Datadog by 30.3% during the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after purchasing an additional 9,748,738 shares during the last quarter. State Street Corp raised its position in Datadog by 106.8% during the 3rd 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 last quarter. Geode Capital Management LLC raised its position in Datadog by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock worth $1,227,184,000 after purchasing an additional 197,816 shares during the last quarter. Jennison Associates LLC raised 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 worth $1,036,787,000 after purchasing an additional 2,316,994 shares during the last quarter. Finally, Invesco Ltd. raised its position in Datadog by 119.2% during the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock worth $580,383,000 after purchasing an additional 2,216,402 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Scotiabank raised their target price on Datadog from $160.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. KeyCorp raised their target price on Datadog from $155.00 to $225.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Wall Street Zen raised Datadog from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Stifel Nicolaus set a $305.00 target price on Datadog in a research report on Thursday, May 7th. Finally, BTIG Research increased their price target on Datadog from $212.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. One investment 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 assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $219.69.

Datadog Stock Performance

Shares of DDOG opened at $277.49 on Tuesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The stock has a 50-day moving average of $157.16 and a 200-day moving average of $143.23. The company has a market cap of $98.78 billion, a PE ratio of 730.26, a P/E/G ratio of 26.41 and a beta of 1.56. Datadog, Inc. has a one year low of $98.01 and a one year high of $278.70.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.51 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period last year, the business 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. On average, equities research analysts predict that Datadog, Inc. will post 0.61 EPS for the current fiscal year.

Insider Buying and Selling at Datadog

In other Datadog news, CEO Olivier Pomel sold 127,141 shares of Datadog stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the completion of the transaction, the chief executive officer owned 835,679 shares in the company, valued at approximately $167,002,091.36. The trade was a 13.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $125.49, for a total value of $6,765,416.88. Following the transaction, the chief technology officer owned 437,257 shares of the company’s stock, valued at $54,871,380.93. This trade represents a 10.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 848,198 shares of company stock worth $135,415,163. Insiders own 6.48% of the company’s stock.

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.