MUFG Securities EMEA plc lifted its holdings in Datadog, Inc. (NASDAQ:DDOG – Free Report) by 115.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,342 shares of the company’s stock after buying an additional 7,154 shares during the quarter. MUFG Securities EMEA plc’s holdings in Datadog were worth $1,814,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the business. Hartford Investment Management Co. bought a new stake in Datadog in the third quarter worth $2,689,000. IQ EQ FUND MANAGEMENT IRELAND Ltd raised its position in shares of Datadog by 134.5% in the 3rd 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 during the last quarter. Vanguard Group Inc. raised its position 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 purchasing an additional 9,748,738 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in Datadog by 71.3% in the 3rd 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. boosted its stake in Datadog by 1,964.8% in the 4th 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.
Insider Buying and Selling at Datadog
In other Datadog news, Director Julie Richardson sold 1,930 shares of the 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 transaction, the director directly owned 2,106 shares in the company, valued at approximately $391,336.92. This trade represents a 47.82% decrease in their ownership of the stock. The transaction was disclosed in a legal 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, CEO Olivier Pomel sold 84,698 shares of Datadog stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $223.58, for a total transaction of $18,936,778.84. Following the transaction, the chief executive officer owned 750,981 shares in the company, valued at $167,904,331.98. This represents a 10.14% 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 sold 848,198 shares of company stock valued at $135,415,163 in the last quarter. Insiders own 6.48% of the company’s stock.
Datadog Trading Up 12.2%
Datadog (NASDAQ:DDOG – Get Free Report) last released 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. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. During the same quarter in the prior year, the firm earned $0.46 EPS. The business’s revenue for the quarter was up 32.1% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Analysts expect that Datadog, Inc. will post 0.61 EPS for the current year.
Wall Street Analysts Forecast Growth
Several analysts recently commented on DDOG shares. Guggenheim increased their price objective on shares of Datadog from $175.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Scotiabank lifted their target price on shares of Datadog from $160.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Monness Crespi & Hardt increased their price target on shares of Datadog from $255.00 to $270.00 in a report on Thursday, May 7th. Bank of America raised their price target on shares of Datadog from $225.00 to $260.00 in a research report on Thursday, May 28th. Finally, Wolfe Research decreased their price objective on shares of Datadog from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $219.69.
Get Our Latest Report on Datadog
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.
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