Hsbc Holdings PLC Sells 39,252 Shares of Datadog, Inc. $DDOG

Hsbc Holdings PLC cut its position in Datadog, Inc. (NASDAQ:DDOG) by 6.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 544,749 shares of the company’s stock after selling 39,252 shares during the quarter. Hsbc Holdings PLC’s holdings in Datadog were worth $64,388,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD increased its stake in Datadog by 7.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock valued at $1,961,496,000 after acquiring an additional 956,993 shares during the last quarter. State Street Corp lifted its stake in Datadog by 106.8% during the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after purchasing an additional 7,091,075 shares during the last quarter. Geode Capital Management LLC boosted its holdings 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 valued at $1,227,184,000 after purchasing an additional 197,816 shares in the last quarter. Jennison Associates LLC boosted its holdings 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 valued at $1,036,787,000 after purchasing an additional 2,316,994 shares in the last quarter. Finally, Invesco Ltd. increased its stake in shares of Datadog by 119.2% in the 3rd 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. Institutional investors own 78.29% of the company’s stock.

Datadog Stock Performance

DDOG opened at $258.69 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. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The company’s 50 day moving average price is $236.67 and its two-hundred day moving average price is $164.73. The firm has a market capitalization of $92.08 billion, a price-to-earnings ratio of 680.78, a PEG ratio of 26.30 and a beta of 1.54.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.09. The firm 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 company’s revenue for the quarter was up 32.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.46 earnings per share. 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 predict that Datadog, Inc. will post 0.64 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DDOG. Sanford C. Bernstein cut Datadog from an “outperform” rating to a “market perform” rating and boosted their price target for the stock from $180.00 to $226.00 in a report on Monday, July 6th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $280.00 price objective on shares of Datadog in a research note on Thursday. Monness Crespi & Hardt boosted their target price on Datadog from $255.00 to $270.00 in a research note on Thursday, May 7th. Cantor Fitzgerald reissued an “overweight” rating and issued a $226.00 target price on shares of Datadog in a report on Thursday, June 11th. Finally, Wall Street Zen upgraded shares of Datadog from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Two investment analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $251.55.

Insiders Place Their Bets

In other Datadog news, Director Amit Agarwal sold 20,000 shares of the company’s stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $267.41, for a total value of $5,348,200.00. Following the sale, the director owned 1,640 shares in the company, valued at approximately $438,552.40. The trade was a 92.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 84,698 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $232.30, for a total value of $19,675,345.40. Following the completion of the sale, the chief executive officer owned 612,747 shares in the company, valued at $142,341,128.10. This trade represents a 12.14% 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. Insiders sold a total of 1,439,533 shares of company stock valued at $323,367,430 over the last ninety days. 6.48% of the stock is currently owned by corporate insiders.

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.