Datadog, Inc. $DDOG Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System lowered its holdings in Datadog, Inc. (NASDAQ:DDOG) by 26.0% during the first quarter, HoldingsChannel.com reports. The fund owned 397,492 shares of the company’s stock after selling 139,890 shares during the period. California Public Employees Retirement System’s holdings in Datadog were worth $46,924,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPL Wealth Management LLC acquired a new stake in shares of Datadog during the 3rd quarter worth approximately $27,000. CoreCap Advisors LLC grew its stake in Datadog by 1,461.5% during the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after buying an additional 190 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new stake in Datadog in the fourth quarter worth $31,000. NBC Securities Inc. increased its position in Datadog by 242.6% in the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after buying an additional 165 shares during the period. Finally, Rothschild Investment LLC lifted its stake in 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 buying an additional 94 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on DDOG shares. Raymond James Financial boosted their price target on shares of Datadog from $170.00 to $220.00 in a report on Thursday, May 7th. Canaccord Genuity Group lifted their price objective on shares of Datadog from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. Rosenblatt Securities lifted their price objective on shares of Datadog from $178.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Mizuho boosted their target price on shares of Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $260.00 target price on shares of Datadog in a research report on Friday, June 12th. Two research analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $256.80.

Datadog Trading Up 1.7%

NASDAQ:DDOG opened at $263.20 on Tuesday. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $278.70. The stock has a market cap of $93.69 billion, a price-to-earnings ratio of 692.65, a PEG ratio of 26.30 and a beta of 1.54. The business has a fifty day moving average of $237.89 and a 200-day moving average of $165.62. 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 (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $960.12 million. During the same period last year, the company earned $0.46 earnings per share. The company’s quarterly revenue was up 32.1% compared to the same quarter last year. 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 analysts predict that Datadog, Inc. will post 0.64 earnings per share for the current year.

Insider Transactions at Datadog

In other Datadog news, Director Michael James Callahan sold 112,500 shares of the firm’s 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 transaction, the director owned 14,996 shares of the company’s stock, valued at approximately $3,473,073.60. This trade represents a 88.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dev Ittycheria sold 120,000 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $248.78, for a total transaction of $29,853,600.00. Following the sale, the director owned 39,235 shares in the company, valued at $9,760,883.30. This trade represents a 75.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,439,533 shares of company stock worth $323,367,430 over the last ninety days. Insiders own 6.48% of the company’s stock.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: JMP Securities raised its price target to $311 from $225 and kept an Outperform-style rating, saying infrastructure software looks stronger than applications and that Datadog has been a standout performer in its coverage. Why Datadog (DDOG) Stock Is Trading Up Today
• Positive Sentiment: Wells Fargo increased its target to $295 from $230 and reiterated an Overweight rating, suggesting more upside from current levels. Datadog Price Target Raised by Wells Fargo
• Positive Sentiment: Oppenheimer lifted its target to $300 from $220 and maintained an Outperform rating, adding to the wave of upbeat analyst calls. Datadog Price Target Raised by Oppenheimer
• Positive Sentiment: Another report said Citizens JMP raised Datadog’s target to $311 from $225, implying further confidence in the stock’s run after its strong year-to-date performance. Datadog Price Target Raised by Citizens JMP
• Neutral Sentiment: One comparison piece argued that Penguin is the better AI infrastructure buy than Datadog because of faster growth, AI momentum, and a lower valuation, which may temper enthusiasm but does not appear to be a direct catalyst. PENG vs. DDOG: Which AI Infrastructure Stock Is the Better Buy Now?

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.