GC Wealth Management RIA LLC Reduces Stock Holdings in Datadog, Inc. $DDOG

GC Wealth Management RIA LLC lessened its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 34.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 10,580 shares of the company’s stock after selling 5,583 shares during the period. GC Wealth Management RIA LLC’s holdings in Datadog were worth $1,439,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. grew its stake in Datadog by 30.3% in the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after acquiring an additional 9,748,738 shares during the last quarter. State Street Corp raised its position in Datadog by 106.8% during the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after acquiring an additional 7,091,075 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Datadog by 0.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,289,570 shares of the company’s stock valued at $610,835,000 after purchasing an additional 40,276 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Datadog by 119.2% in the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after purchasing an additional 2,216,402 shares in the last quarter. Finally, Northern Trust Corp grew its position in shares of Datadog by 45.0% in the third quarter. Northern Trust Corp now owns 2,707,291 shares of the company’s stock valued at $385,518,000 after purchasing an additional 840,633 shares during the last quarter. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Datadog Stock Up 1.8%

Shares of NASDAQ:DDOG opened at $133.98 on Thursday. The stock’s 50-day moving average price is $121.07 and its two-hundred day moving average price is $137.27. The company has a current ratio of 3.38, a quick ratio of 3.38 and a debt-to-equity ratio of 0.26. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $201.69. The firm has a market cap of $47.24 billion, a price-to-earnings ratio of 432.19, a PEG ratio of 48.02 and a beta of 1.29.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, beating 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 company had revenue of $953.19 million during the quarter, compared to the consensus estimate of $916.53 million. During the same quarter in the prior year, the company posted $0.49 EPS. The company’s quarterly revenue 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. On average, research analysts forecast that Datadog, Inc. will post 0.32 EPS for the current year.

Insider Transactions at Datadog

In other Datadog news, CEO Olivier Pomel sold 42,443 shares of the business’s stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $111.14, for a total transaction of $4,717,115.02. Following the completion of the sale, the chief executive officer owned 835,679 shares of the company’s stock, valued at approximately $92,877,364.06. The trade was a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 43,224 shares of the company’s stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of $130.84, for a total value of $5,655,428.16. Following the sale, the chief technology officer owned 531,311 shares of the company’s stock, valued at $69,516,731.24. This represents a 7.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 594,639 shares of company stock worth $72,214,894 in the last ninety days. Insiders own 6.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on DDOG shares. Wall Street Zen downgraded Datadog from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Sanford C. Bernstein lowered their target price on Datadog from $180.00 to $167.00 and set an “outperform” rating on the stock in a report on Wednesday, April 22nd. Stifel Nicolaus set a $160.00 price target on Datadog and gave the stock a “buy” rating in a report on Thursday, January 22nd. Weiss Ratings restated a “sell (d+)” rating on shares of Datadog in a research report on Monday, April 20th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating on shares of Datadog in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $177.20.

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.