Delta Global Management LP Purchases Shares of 19,754 Datadog, Inc. $DDOG

Delta Global Management LP purchased a new stake in Datadog, Inc. (NASDAQ:DDOG) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 19,754 shares of the company’s stock, valued at approximately $2,686,000.

A number of other large investors also recently bought and sold shares of DDOG. Vanguard Group Inc. lifted its holdings in Datadog by 30.3% in the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after acquiring an additional 9,748,738 shares during the period. State Street Corp increased its position in shares of Datadog by 106.8% in the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock valued at $1,955,547,000 after buying an additional 7,091,075 shares in the last quarter. Norges Bank purchased a new stake in shares of Datadog in the fourth quarter valued at approximately $469,461,000. Jennison Associates LLC increased its position in shares of Datadog by 43.7% in the fourth quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock valued at $1,036,787,000 after buying an additional 2,316,994 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Datadog by 119.2% in the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after buying an additional 2,216,402 shares in the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

Datadog Stock Up 1.4%

Shares of DDOG opened at $233.09 on Tuesday. 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 one year low of $98.01 and a one year high of $278.70. The stock has a market capitalization of $82.97 billion, a price-to-earnings ratio of 613.41, a PEG ratio of 24.62 and a beta of 1.56. The stock has a 50 day moving average price of $180.54 and a 200 day moving average price of $147.82.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $960.12 million. During the same period in the previous year, the business earned $0.46 earnings per share. The firm’s revenue for the quarter was up 32.1% on a year-over-year basis. 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 research analysts forecast that Datadog, Inc. will post 0.61 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on DDOG. Stifel Nicolaus set a $305.00 price objective on Datadog in a research report on Thursday, May 7th. Craig Hallum began coverage on Datadog in a research report on Monday. They issued a “buy” rating for the company. Wedbush began coverage on Datadog in a research report on Monday. They issued a “neutral” rating for the company. UBS Group boosted their price objective on Datadog from $195.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $260.00 price objective on shares of Datadog in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $234.14.

Insider Activity

In related news, CRO Sean Michael Walters sold 11,876 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $231.02, for a total transaction of $2,743,593.52. Following the completion of the sale, the executive directly owned 258,420 shares in the company, valued at approximately $59,700,188.40. The trade was a 4.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $17,376,750.00. Following the completion of the sale, the chief financial officer owned 434,591 shares of the company’s stock, valued at approximately $100,690,388.79. The trade was a 14.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,221,989 shares of company stock valued at $247,443,046 in the last three months. Company insiders own 6.48% of the company’s stock.

Datadog Company 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.