Datadog, Inc. $DDOG Shares Acquired by iA Global Asset Management Inc.

iA Global Asset Management Inc. lifted its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 6.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,456 shares of the company’s stock after buying an additional 2,425 shares during the period. iA Global Asset Management Inc.’s holdings in Datadog were worth $5,502,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Canada Post Corp Registered Pension Plan increased its holdings in shares of Datadog by 32.5% during the 4th quarter. Canada Post Corp Registered Pension Plan now owns 7,020 shares of the company’s stock worth $955,000 after buying an additional 1,720 shares during the last quarter. AlphaCore Capital LLC acquired a new stake in shares of Datadog during the 4th quarter worth $321,000. Commerzbank Aktiengesellschaft FI increased its holdings in shares of Datadog by 21.1% during the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 2,304 shares of the company’s stock worth $313,000 after buying an additional 401 shares during the last quarter. Northwestern Mutual Investment Management Company LLC increased its holdings in shares of Datadog by 0.9% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 10,399 shares of the company’s stock worth $1,414,000 after buying an additional 96 shares during the last quarter. Finally, Wakefield Asset Management LLLP acquired a new stake in shares of Datadog during the 4th quarter worth $680,000. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on DDOG. Needham & Company LLC upped their price target on shares of Datadog from $155.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Evercore reaffirmed an “outperform” rating and set a $225.00 price target on shares of Datadog in a research report on Thursday, May 7th. DA Davidson reaffirmed a “buy” rating and set a $225.00 price target on shares of Datadog in a research report on Monday, May 4th. Royal Bank Of Canada upped 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, Mizuho upped their price target on shares of Datadog from $145.00 to $220.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $213.38.

Datadog Stock Performance

NASDAQ:DDOG opened at $207.98 on Monday. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The firm has a 50-day moving average of $135.18 and a two-hundred day moving average of $138.96. The stock has a market cap of $74.03 billion, a P/E ratio of 547.33, a PEG ratio of 67.54 and a beta of 1.30. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $211.28.

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

Insider Buying and Selling at Datadog

In other Datadog news, CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $125.49, for a total value 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. This represents a 10.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Matthew Jacobson sold 52,832 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $117,869,577.28. The trade was a 7.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 842,739 shares of company stock valued at $121,023,123 in the last ninety days. 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.