Phoenix Financial Ltd. Acquires Shares of 3,660 Datadog, Inc. $DDOG

Phoenix Financial Ltd. purchased a new position in shares of Datadog, Inc. (NASDAQ:DDOG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,660 shares of the company’s stock, valued at approximately $498,000.

A number of other hedge funds have also made changes to their positions in the stock. New York Life Investment Management LLC grew its position in shares of Datadog by 3.6% during the fourth quarter. New York Life Investment Management LLC now owns 45,562 shares of the company’s stock worth $6,196,000 after buying an additional 1,567 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. grew its position in shares of Datadog by 365.5% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 1,080 shares of the company’s stock worth $139,000 after buying an additional 848 shares in the last quarter. Baader Bank Aktiengesellschaft acquired a new stake in shares of Datadog during the fourth quarter worth approximately $593,000. Allworth Financial LP grew its position in shares of Datadog by 6.7% during the fourth quarter. Allworth Financial LP now owns 2,399 shares of the company’s stock worth $326,000 after buying an additional 150 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its position in shares of Datadog by 0.8% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 37,273 shares of the company’s stock worth $5,069,000 after buying an additional 300 shares in the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Insider Buying and Selling

In other Datadog news, CEO Olivier Pomel sold 127,141 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $199.84, for a total value of $25,407,857.44. Following the sale, the chief executive officer directly owned 835,679 shares in the company, valued at approximately $167,002,091.36. This trade represents a 13.21% decrease in their ownership of the stock. The transaction was disclosed in a 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, Director Matthew Jacobson sold 52,832 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $189.28, for a total value of $10,000,040.96. Following the completion of the sale, the director owned 622,726 shares in the company, valued at $117,869,577.28. The trade was a 7.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 842,739 shares of company stock valued at $121,023,123 in the last three months. 6.48% of the stock is owned by corporate insiders.

Datadog Stock Performance

Shares of DDOG opened at $207.98 on Friday. The business’s fifty day moving average price is $135.18 and its 200 day moving average price is $139.09. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $211.28. The stock has a market capitalization of $74.03 billion, a PE ratio of 547.33, a price-to-earnings-growth ratio of 71.95 and a beta of 1.30. 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 announced its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. During the same period last year, the business posted $0.46 earnings per share. The firm’s revenue for the quarter 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 0.35 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on DDOG. UBS Group raised their price target on shares of Datadog from $195.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Benchmark reissued a “buy” rating on shares of Datadog in a research report on Thursday, May 7th. Wall Street Zen raised shares of Datadog from a “hold” rating to a “buy” rating in a research report on Saturday. Robert W. Baird set a $210.00 price objective on Datadog in a research note on Friday, May 8th. Finally, TD Cowen raised their price objective on Datadog from $190.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Datadog has an average rating of “Moderate Buy” and a consensus price target of $213.38.

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.