VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in Datadog, Inc. $DDOG

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Datadog, Inc. (NASDAQ:DDOG) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 53,450 shares of the company’s stock, valued at approximately $13,916,000.

A number of other hedge funds and other institutional investors have also modified their holdings of DDOG. JPL Wealth Management LLC bought a new position in shares of Datadog in the 3rd quarter valued at approximately $27,000. EMC Capital Management bought a new stake in Datadog during the 2nd quarter valued at approximately $28,000. Rothschild Investment LLC grew its holdings in Datadog by 52.5% in the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock valued at $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 last quarter. Finally, Elevation Wealth Partners LLC increased its position in Datadog by 2,700.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 168 shares of the company’s stock worth $44,000 after buying an additional 162 shares during the period. Institutional investors own 78.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on DDOG shares. Mizuho boosted their target price on shares of Datadog from $220.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. Robert W. Baird set a $300.00 price target on shares of Datadog in a report on Friday, August 7th. BMO Capital Markets set a $300.00 price target on shares of Datadog in a research report on Friday, August 7th. Capital One Financial raised their price target on shares of Datadog from $217.00 to $268.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 17th. Finally, Guggenheim boosted their price objective on shares of Datadog from $225.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $276.32.

Datadog Price Performance

DDOG opened at $212.93 on Tuesday. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $292.72. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. The firm’s fifty day moving average price is $248.93 and its two-hundred day moving average price is $194.39. The company has a market capitalization of $76.46 billion, a P/E ratio of 434.56, a P/E/G ratio of 20.85 and a beta of 1.49.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the prior year, the firm posted $0.46 EPS. Datadog’s quarterly revenue was up 35.6% compared to the same quarter last year. 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, analysts anticipate that Datadog, Inc. will post 0.7 EPS for the current year.

Insider Transactions at Datadog

In other Datadog news, CEO Olivier Pomel sold 127,141 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $286.71, for a total value of $36,452,596.11. Following the transaction, the chief executive officer directly owned 612,747 shares in the company, valued at approximately $175,680,692.37. This trade represents a 17.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $257.24, for a total value of $13,868,322.88. Following the transaction, the chief technology officer directly owned 509,805 shares in the company, valued at $131,142,238.20. This trade represents a 9.56% decrease in their position. 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. Over the last three months, insiders have sold 1,114,589 shares of company stock worth $271,957,031. Corporate insiders own 6.48% of the company’s stock.

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.