Varma Mutual Pension Insurance Co Invests $8.20 Million in Datadog, Inc. $DDOG

Varma Mutual Pension Insurance Co bought a new position in Datadog, Inc. (NASDAQ:DDOG) in the 4th quarter, Holdings Channel.com reports. The fund bought 60,300 shares of the company’s stock, valued at approximately $8,200,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Westside Investment Management Inc. grew its position in shares of Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after acquiring an additional 75 shares in the last quarter. Rothschild Investment LLC increased its holdings in shares of Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after acquiring an additional 100 shares during the last quarter. Physician Wealth Advisors Inc. increased its holdings in shares of Datadog by 315.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after acquiring an additional 145 shares during the last quarter. JPL Wealth Management LLC bought a new stake in shares of Datadog in the 3rd quarter valued at approximately $27,000. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of Datadog in the 3rd quarter valued at approximately $28,000. Institutional investors own 78.29% of the company’s stock.

Datadog Trading Down 0.7%

NASDAQ:DDOG opened at $145.73 on Wednesday. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $201.69. The firm has a market capitalization of $51.38 billion, a P/E ratio of 470.10, a P/E/G ratio of 53.10 and a beta of 1.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.38. The business has a 50 day simple moving average of $121.90 and a 200 day simple moving average of $136.78.

Datadog (NASDAQ:DDOG) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. The business had revenue of $953.19 million during the quarter, compared to analyst estimates of $916.53 million. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The business’s revenue for the quarter was up 29.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.49 EPS. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. Equities research analysts predict that Datadog, Inc. will post 0.32 EPS for the current year.

Insider Buying and Selling at Datadog

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $125.49, for a total transaction of $6,765,416.88. Following the completion of the transaction, the chief technology officer directly owned 437,257 shares of the company’s stock, valued at $54,871,380.93. The trade was a 10.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CRO Sean Michael Walters sold 22,330 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $125.68, for a total transaction of $2,806,434.40. Following the transaction, the executive directly owned 238,384 shares of the company’s stock, valued at $29,960,101.12. The trade was a 8.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 594,639 shares of company stock valued at $72,214,894 in the last ninety days. Company insiders own 6.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Benchmark started coverage on Datadog in a report on Wednesday, April 1st. They issued a “buy” rating for the company. Royal Bank Of Canada decreased their price target on shares of Datadog from $175.00 to $150.00 and set an “outperform” rating for the company in a report on Monday, February 9th. Canaccord Genuity Group reaffirmed a “buy” rating on shares of Datadog in a report on Wednesday, February 11th. Barclays decreased their price target on shares of Datadog from $165.00 to $148.00 and set an “overweight” rating for the company in a report on Monday, April 20th. Finally, Scotiabank decreased their price target on shares of Datadog from $180.00 to $160.00 and set a “sector outperform” rating for the company in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $177.28.

About Datadog

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.