Datadog, Inc. $DDOG Position Boosted by Midwest Professional Planners LTD.

Midwest Professional Planners LTD. grew its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 85.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,314 shares of the company’s stock after purchasing an additional 2,910 shares during the period. Midwest Professional Planners LTD.’s holdings in Datadog were worth $859,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hartford Investment Management Co. acquired a new position in shares of Datadog in the third quarter worth about $2,689,000. IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its position in shares of Datadog by 134.5% in the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 31,142 shares of the company’s stock worth $4,435,000 after purchasing an additional 17,860 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Datadog by 30.3% in the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after purchasing an additional 9,748,738 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in shares of Datadog by 71.3% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 170,310 shares of the company’s stock worth $24,288,000 after purchasing an additional 70,888 shares in the last quarter. Finally, Patton Fund Management Inc. lifted its position in shares of Datadog by 1,964.8% in the fourth quarter. Patton Fund Management Inc. now owns 38,550 shares of the company’s stock worth $5,242,000 after purchasing an additional 36,683 shares in the last quarter. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Datadog

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief technology officer owned 437,257 shares of the company’s stock, valued at approximately $54,871,380.93. This trade represents a 10.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Matthew Jacobson sold 52,832 shares of Datadog stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $189.28, for a total transaction of $10,000,040.96. Following the completion of the transaction, the director directly owned 622,726 shares in the company, valued at approximately $117,869,577.28. This represents a 7.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 842,739 shares of company stock valued at $121,023,123. 6.48% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on DDOG shares. Morgan Stanley increased their price target on shares of Datadog from $180.00 to $225.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Evercore reissued an “outperform” rating and issued a $225.00 price target on shares of Datadog in a research report on Thursday, May 7th. UBS Group increased 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. Royal Bank Of Canada increased their price target on shares of Datadog from $161.00 to $219.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Finally, Truist Financial increased their price target on shares of Datadog from $120.00 to $190.00 and gave the stock a “hold” rating in a research report on Thursday, May 7th. One investment 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. Based on data from MarketBeat.com, Datadog currently has a consensus rating of “Moderate Buy” and a consensus price target of $213.38.

Datadog Price Performance

Shares of DDOG opened at $215.15 on Wednesday. The firm has a market cap of $76.58 billion, a PE ratio of 566.20, a PEG ratio of 67.81 and a beta of 1.30. The firm’s 50 day moving average price is $138.70 and its 200 day moving average price is $139.74. 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, Inc. has a twelve month low of $98.01 and a twelve month high of $215.68.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company’s revenue for the quarter was up 32.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, research analysts expect that Datadog, Inc. will post 0.35 EPS for the current fiscal year.

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.