ABN AMRO Bank N.V. Purchases 6,621 Shares of Datadog, Inc. $DDOG

ABN AMRO Bank N.V. lifted its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 14.8% in the 1st quarter, Holdings Channel reports. The fund owned 51,441 shares of the company’s stock after buying an additional 6,621 shares during the quarter. ABN AMRO Bank N.V.’s holdings in Datadog were worth $6,133,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in DDOG. JPL Wealth Management LLC purchased a new stake in Datadog during the third quarter valued at about $27,000. CoreCap Advisors LLC boosted its position in Datadog by 1,461.5% during the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after purchasing an additional 190 shares during the period. Flagship Harbor Advisors LLC purchased a new position in shares of Datadog in the fourth quarter worth about $31,000. NBC Securities Inc. increased its stake in shares of Datadog by 242.6% in the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after purchasing an additional 165 shares in the last quarter. Finally, Rothschild Investment LLC raised its position in shares of Datadog by 52.5% in the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after purchasing an additional 94 shares during the period. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Datadog Trading Up 8.5%

Datadog stock opened at $239.77 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The stock has a market cap of $85.35 billion, a P/E ratio of 630.99, a PEG ratio of 25.29 and a beta of 1.56. The firm’s fifty day moving average price is $200.60 and its 200-day moving average price is $152.22.

Datadog (NASDAQ:DDOG) last posted 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. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same quarter last year, the company earned $0.46 earnings per share. The firm’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. Equities research analysts forecast that Datadog, Inc. will post 0.64 earnings per share for the current fiscal year.

Insider Transactions at Datadog

In other news, Director Michael James Callahan sold 112,500 shares of Datadog stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $231.60, for a total transaction of $26,055,000.00. Following the completion of the sale, the director owned 14,996 shares in the company, valued at approximately $3,473,073.60. This trade represents a 88.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 84,698 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $232.30, for a total value of $19,675,345.40. Following the transaction, the chief executive officer directly owned 612,747 shares of the company’s stock, valued at $142,341,128.10. The trade was a 12.14% decrease in their position. 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. Over the last quarter, insiders have sold 1,455,364 shares of company stock worth $306,341,930. 6.48% of the stock is owned by insiders.

Analysts Set New Price Targets

DDOG has been the topic of a number of recent research reports. Royal Bank Of Canada restated an “outperform” rating and set a $250.00 price target on shares of Datadog in a research note on Wednesday, June 10th. Robert W. Baird set a $210.00 price objective on shares of Datadog in a research note on Friday, May 8th. Oppenheimer boosted their target price on shares of Datadog from $200.00 to $220.00 in a report on Thursday, May 7th. Rothschild & Co Redburn initiated coverage on Datadog in a research report on Thursday, April 23rd. They set a “buy” rating and a $170.00 target price on the stock. Finally, Weiss Ratings upgraded Datadog from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $242.09.

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.