Public Sector Pension Investment Board Invests $5.42 Million in Datadog, Inc. $DDOG

Public Sector Pension Investment Board acquired a new stake in shares of Datadog, Inc. (NASDAQ:DDOG) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 38,026 shares of the company’s stock, valued at approximately $5,415,000.

A number of other hedge funds have also bought and sold shares of DDOG. Brighton Jones LLC purchased a new stake in shares of Datadog during the 4th quarter valued at about $209,000. Bison Wealth LLC purchased a new stake in Datadog in the fourth quarter worth approximately $228,000. Empowered Funds LLC boosted its holdings in Datadog by 7.0% in the first quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after purchasing an additional 672 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Datadog by 17.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after purchasing an additional 115 shares during the period. Finally, Sivia Capital Partners LLC purchased a new stake in Datadog during the 2nd quarter valued at $509,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Insider Buying and Selling at Datadog

In other news, Director Shardul Shah sold 7,916 shares of the business’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $124.89, for a total value of $988,629.24. Following the transaction, the director directly owned 340,701 shares in the company, valued at $42,550,147.89. The trade was a 2.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Olivier Pomel sold 11,195 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $137.93, for a total value of $1,544,126.35. Following the sale, the chief executive officer owned 518,133 shares of the company’s stock, valued at $71,466,084.69. This represents a 2.11% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 380,515 shares of company stock valued at $55,760,478. 8.70% of the stock is currently owned by corporate insiders.

Datadog Price Performance

NASDAQ DDOG opened at $120.60 on Friday. The stock has a market cap of $42.29 billion, a price-to-earnings ratio of 389.03, a PEG ratio of 33.47 and a beta of 1.27. Datadog, Inc. has a 12 month low of $81.63 and a 12 month high of $201.69. The company’s 50 day moving average is $129.88 and its two-hundred day moving average is $143.05. The company has a current ratio of 3.38, a quick ratio of 3.66 and a debt-to-equity ratio of 0.26.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The firm had revenue of $953.19 million during the quarter, compared to analysts’ expectations of $916.53 million. During the same period in the prior year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was up 29.2% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. As a group, research analysts anticipate that Datadog, Inc. will post 0.34 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on DDOG shares. BMO Capital Markets set a $165.00 price target on Datadog in a research note on Wednesday, February 11th. Royal Bank Of Canada dropped their target price on Datadog from $175.00 to $150.00 and set an “outperform” rating on the stock in a research report on Monday, February 9th. Canaccord Genuity Group reaffirmed a “buy” rating on shares of Datadog in a research report on Wednesday, February 11th. Moffett Nathanson reiterated a “buy” rating on shares of Datadog in a research note on Monday, December 29th. Finally, Scotiabank cut their target price on shares of Datadog from $180.00 to $160.00 and set a “sector outperform” rating for the company in a research report on Wednesday, February 11th. Thirty-six investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $179.62.

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.