Plato Investment Management Ltd Acquires New Position in Datadog, Inc. $DDOG

Plato Investment Management Ltd purchased a new position in shares of Datadog, Inc. (NASDAQ:DDOG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,073 shares of the company’s stock, valued at approximately $1,313,000.

Other hedge funds have also made changes to their positions in the company. JPL Wealth Management LLC acquired a new position in Datadog in the third quarter valued at $27,000. NBC Securities Inc. boosted its stake in Datadog by 242.6% in the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after buying an additional 165 shares during the last quarter. Rothschild Investment LLC boosted its stake in Datadog by 52.5% in the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after buying an additional 94 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Datadog by 341.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock valued at $38,000 after buying an additional 246 shares during the period. Finally, Morse Asset Management Inc purchased a new stake in Datadog in the 4th quarter valued at about $44,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog continues to benefit from strong operating momentum. Its latest quarterly results exceeded expectations, with EPS of $0.65 versus $0.58 expected and revenue of $1.12 billion versus $1.08 billion forecast. Revenue increased 35.6% year over year, while fiscal 2026 EPS guidance is $2.50–$2.54. Looking Beyond CrowdStrike? 3 AI Security Stocks Stand Out
• Positive Sentiment: Analyst sentiment remains broadly supportive. Datadog has an overall “Moderate Buy” rating, with an average price target of $276.32. Needham raised its target to $300, DA Davidson maintained a $315 target, and Scotiabank lifted its target to $285. A recent market article also identified Datadog as an attractive AI-security exposure alongside Qualys and Guidewire. Datadog Receives Average Rating of Moderate Buy
• Neutral Sentiment: Institutional ownership remains high at 78.29%, and several funds—including Norges Bank, Nomura Asset Management and BNP Paribas—recently increased or initiated positions. This may provide longer-term support, although the reported purchases relate to an earlier quarter. 3 of the Market’s Most-Upgraded Tech Stocks Right Now
• Negative Sentiment: Director Matthew Jacobson sold 19,512 shares for approximately $5.0 million after selling another 39,912 shares for roughly $10.0 million the prior day. He still owns more than 524,000 shares, so the sales represent a relatively small reduction in his holdings. Datadog Director Matthew Jacobson Sells Shares
• Negative Sentiment: Director Amit Agarwal sold 20,000 shares for approximately $5.0 million, reducing his direct ownership by 92.42% to 1,640 shares. The transaction was made under a pre-arranged Rule 10b5-1 plan, and follows a series of similarly sized sales since June. Datadog Director Amit Agarwal Sells Shares
• Negative Sentiment: Valuation remains a key pressure point. Datadog has a market capitalization of about $88.8 billion and a P/E ratio above 500, leaving the shares highly sensitive to profit expectations. Goldman Sachs maintains a “Sell” rating with a $158 target, highlighting downside risk if growth or future guidance disappoints.

Analysts Set New Price Targets

Several brokerages have recently weighed in on DDOG. Canadian Imperial Bank of Commerce increased their price objective on shares of Datadog from $250.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Morgan Stanley boosted their target price on shares of Datadog from $225.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. Canaccord Genuity Group upped their price target on shares of Datadog from $250.00 to $295.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $280.00 price target on shares of Datadog in a research note on Thursday, July 16th. Finally, Rosenblatt Securities lifted their price target on shares of Datadog from $220.00 to $305.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $276.32.

Datadog Trading Down 3.2%

NASDAQ DDOG opened at $247.32 on Tuesday. The firm has a market capitalization of $88.81 billion, a price-to-earnings ratio of 504.74, a PEG ratio of 26.87 and a beta of 1.54. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. Datadog, Inc. has a one year low of $98.01 and a one year high of $292.72. The company’s 50 day moving average price is $249.23 and its 200 day moving average price is $183.38.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the previous year, the firm earned $0.46 earnings per share. Datadog’s revenue for the quarter was up 35.6% on a year-over-year basis. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. On average, sell-side analysts predict that Datadog, Inc. will post 0.65 EPS for the current year.

Insider Buying and Selling at Datadog

In related news, CFO David M. Obstler sold 75,000 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $231.69, for a total transaction of $17,376,750.00. Following the completion of the sale, the chief financial officer directly owned 434,591 shares of the company’s stock, valued at approximately $100,690,388.79. This represents a 14.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dev Ittycheria sold 120,000 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $248.78, for a total value of $29,853,600.00. Following the completion of the transaction, the director directly 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. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 1,465,134 shares of company stock worth $363,421,509. Corporate insiders own 6.48% of the company’s stock.

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.