Andra AP fonden Increases Holdings in Datadog, Inc. $DDOG

Andra AP fonden boosted its stake in Datadog, Inc. (NASDAQ:DDOG) by 43.3% in the 1st quarter, Holdings Channel reports. The firm owned 56,962 shares of the company’s stock after buying an additional 17,200 shares during the quarter. Andra AP fonden’s holdings in Datadog were worth $6,724,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new stake in shares of Datadog in the third quarter valued at about $27,000. CoreCap Advisors LLC boosted its stake in shares of Datadog by 1,461.5% in the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $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 valued at $31,000. NBC Securities Inc. grew its holdings in Datadog by 242.6% during the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after purchasing an additional 165 shares in the last quarter. Finally, Rothschild Investment LLC grew its holdings in Datadog by 52.5% during the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $37,000 after purchasing an additional 94 shares in the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on DDOG shares. Robert W. Baird set a $210.00 price target on shares of Datadog in a research note on Friday, May 8th. Zacks Research upgraded Datadog from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. Citizens Jmp lifted their target price on Datadog from $225.00 to $311.00 and gave the stock a “market outperform” rating in a research report on Monday. Rothschild & Co Redburn began coverage on Datadog in a research note on Thursday, April 23rd. They issued a “buy” rating and a $170.00 price target on the stock. Finally, Truist Financial upgraded Datadog from a “hold” rating to a “buy” rating and raised their price objective for the company from $190.00 to $300.00 in a research note on Monday, June 15th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $261.68.

Insiders Place Their Bets

In related news, Director Michael James Callahan sold 112,500 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $231.60, for a total transaction of $26,055,000.00. Following the sale, the director owned 14,996 shares in the company, valued at $3,473,073.60. This represents a 88.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 127,141 shares of the firm’s 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 directly owned 835,679 shares in the company, valued at $167,002,091.36. This represents a 13.21% 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. In the last three months, insiders sold 1,396,309 shares of company stock worth $317,712,002. Corporate insiders own 6.48% of the company’s stock.

Datadog Stock Performance

Shares of DDOG opened at $245.77 on Thursday. The business’s fifty day moving average price is $239.79 and its 200 day moving average price is $167.23. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $278.70. The stock has a market capitalization of $87.48 billion, a PE ratio of 646.78, a price-to-earnings-growth ratio of 25.91 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 released its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.09. The firm had revenue of $1.01 billion during 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%. The firm’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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 research analysts forecast 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.