Datadog, Inc. $DDOG Shares Purchased by Mather Group LLC.

Mather Group LLC. lifted its stake in Datadog, Inc. (NASDAQ:DDOG) by 9,929.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,187 shares of the company’s stock after acquiring an additional 62,557 shares during the period. Mather Group LLC.’s holdings in Datadog were worth $17,304,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in DDOG. Janus Henderson Group PLC lifted its holdings in Datadog by 22.8% during the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after purchasing an additional 1,439,082 shares in the last quarter. First Trust Advisors LP boosted its stake in Datadog by 81.5% in the 1st quarter. First Trust Advisors LP now owns 3,685,562 shares of the company’s stock worth $435,081,000 after purchasing an additional 1,654,429 shares during the period. Bank of New York Mellon Corp boosted its stake in Datadog by 30.3% in the 1st quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company’s stock worth $312,340,000 after purchasing an additional 615,090 shares during the period. Employees Provident Fund Board purchased a new position in Datadog during the 4th quarter valued at about $251,582,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Datadog by 162.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,571,018 shares of the company’s stock valued at $185,459,000 after buying an additional 971,910 shares in the last quarter. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DDOG has been the topic of several analyst reports. UBS Group decreased their price target on Datadog from $315.00 to $280.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Capital One Financial increased their price target on shares of Datadog from $217.00 to $268.00 and gave the stock an “overweight” rating in a report on Wednesday, June 17th. Wells Fargo & Company raised their price objective on shares of Datadog from $230.00 to $295.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. Sanford C. Bernstein cut shares of Datadog from an “outperform” rating to a “market perform” rating and boosted their price objective for the company from $180.00 to $226.00 in a research note on Monday, July 6th. Finally, Rosenblatt Securities boosted their price objective on shares of Datadog from $220.00 to $305.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Three research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Datadog currently has an average rating of “Moderate Buy” and a consensus target price of $280.51.

Insider Buying and Selling

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $273.60, for a total transaction of $14,750,323.20. Following the completion of the sale, the chief technology officer directly owned 488,033 shares in the company, valued at $133,525,828.80. This represents a 9.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Obstler sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $241.25, for a total value of $2,412,500.00. Following the transaction, the chief financial officer owned 368,067 shares in the company, valued at approximately $88,796,163.75. The trade was a 2.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 991,988 shares of company stock worth $241,440,796 in the last 90 days. 6.48% of the stock is currently owned by company insiders.

Datadog Stock Performance

Datadog stock opened at $269.33 on Thursday. The firm has a fifty day simple moving average of $245.68 and a two-hundred day simple moving average of $220.01. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $300.68. The company has a market capitalization of $96.71 billion, a PE ratio of 549.66, a P/E/G ratio of 27.65 and a beta of 1.51.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Datadog had a return on equity of 5.67% and a net margin of 4.48%. The company’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same period last year, the firm earned $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Research analysts expect that Datadog, Inc. will post 0.70 EPS for the current year.

Datadog Profile

Datadog, Inc is a software company that provides a cloud-based monitoring, observability and security platform. Its services help organizations collect, analyze and visualize data from applications, infrastructure, networks, databases and other technology environments, enabling them to identify performance issues, manage incidents and improve digital services.

The company’s product offerings include infrastructure monitoring, application performance monitoring, log management, database and network monitoring, real user and synthetic experience monitoring, cloud security, software supply chain security, incident management and workflow automation.