Datadog, Inc. $DDOG Shares Bought by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. lifted its stake in Datadog, Inc. (NASDAQ:DDOG) by 8.0% in the fourth quarter, HoldingsChannel reports. The fund owned 152,674 shares of the company’s stock after purchasing an additional 11,348 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Datadog were worth $20,762,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Datadog by 30.3% in the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after acquiring an additional 9,748,738 shares during the period. State Street Corp lifted its stake in shares of Datadog by 106.8% in the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after acquiring an additional 7,091,075 shares during the period. Geode Capital Management LLC lifted its stake in shares of Datadog by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock worth $1,227,184,000 after acquiring an additional 197,816 shares during the period. Jennison Associates LLC lifted its stake in shares of Datadog by 43.7% in the 4th quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock worth $1,036,787,000 after acquiring an additional 2,316,994 shares during the period. Finally, Invesco Ltd. lifted its stake in Datadog by 119.2% during the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after purchasing an additional 2,216,402 shares during the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Guggenheim increased their target price on shares of Datadog from $175.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Piper Sandler increased their target price on shares of Datadog from $195.00 to $230.00 in a research note on Thursday, May 7th. Daiwa Securities Group increased their target price on shares of Datadog from $190.00 to $240.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Mizuho increased their target price on shares of Datadog from $145.00 to $220.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating and set a $250.00 target price on shares of Datadog in a research note on Friday, May 8th. One research 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’s stock. According to MarketBeat.com, Datadog presently has an average rating of “Moderate Buy” and a consensus target price of $219.69.

Datadog Stock Up 12.2%

Shares of NASDAQ:DDOG opened at $277.49 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. The company has a market cap of $98.78 billion, a PE ratio of 730.26, a price-to-earnings-growth ratio of 26.41 and a beta of 1.30. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $278.70. The firm has a 50 day simple moving average of $157.16 and a 200 day simple moving average of $143.23.

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

Insiders Place Their Bets

In related news, Director Julie Richardson sold 1,930 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $185.82, for a total value of $358,632.60. Following the completion of the sale, the director owned 2,106 shares in the company, valued at approximately $391,336.92. This represents a 47.82% decrease in their position. The sale was disclosed in a legal filing 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, CTO Alexis Le-Quoc sold 43,224 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $208.04, for a total transaction of $8,992,320.96. Following the completion of the sale, the chief technology officer owned 531,311 shares of the company’s stock, valued at approximately $110,533,940.44. This trade represents a 7.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 848,198 shares of company stock worth $135,415,163 in the last quarter. Corporate insiders own 6.48% of the company’s stock.

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.