Lombard Odier Asset Management Switzerland SA Cuts Stake in Datadog, Inc. $DDOG

Lombard Odier Asset Management Switzerland SA decreased its position in Datadog, Inc. (NASDAQ:DDOG) by 32.2% during the first quarter, HoldingsChannel.com reports. The firm owned 9,517 shares of the company’s stock after selling 4,528 shares during the quarter. Lombard Odier Asset Management Switzerland SA’s holdings in Datadog were worth $1,123,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. JPL Wealth Management LLC purchased a new position in shares of Datadog in the third quarter worth $27,000. CoreCap Advisors LLC grew its position in Datadog by 1,461.5% in the 4th quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after purchasing an additional 190 shares during the period. Flagship Harbor Advisors LLC purchased a new position in Datadog in the fourth quarter worth about $31,000. NBC Securities Inc. grew its position in Datadog by 242.6% during the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after buying an additional 165 shares during the period. Finally, Rothschild Investment LLC raised its holdings in Datadog by 52.5% in the 4th quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after purchasing an additional 94 shares during the period. 78.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Datadog

In other Datadog news, Director Michael James Callahan sold 12,500 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $267.47, for a total transaction of $3,343,375.00. Following the sale, the director owned 14,996 shares in the company, valued at approximately $4,010,980.12. The trade was a 45.46% decrease in their position. The transaction was disclosed in a document filed 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, CEO Olivier Pomel sold 84,698 shares of the company’s stock in a transaction that occurred on 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 approximately $142,341,128.10. This represents a 12.14% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,376,309 shares of company stock worth $315,082,602 in the last quarter. 6.48% of the stock is owned by insiders.

Datadog Price Performance

Shares of DDOG opened at $251.86 on Tuesday. The company has a 50 day moving average of $242.26 and a two-hundred day moving average of $169.61. The company has a market cap of $89.65 billion, a price-to-earnings ratio of 662.81, a price-to-earnings-growth ratio of 25.10 and a beta of 1.54. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $278.70.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping 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 company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. During the same quarter in the previous year, the firm earned $0.46 EPS. Datadog’s revenue 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. As a group, analysts predict that Datadog, Inc. will post 0.64 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on DDOG shares. Evercore increased their price objective on shares of Datadog from $225.00 to $265.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Citigroup reissued a “market outperform” rating on shares of Datadog in a research note on Monday, July 20th. Craig Hallum initiated coverage on shares of Datadog in a research note on Monday, June 15th. They set a “buy” rating for the company. Weiss Ratings upgraded shares of Datadog from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 14th. Finally, Raymond James Financial lifted their price target on shares of Datadog from $170.00 to $220.00 in a research note on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Datadog presently has a consensus rating of “Moderate Buy” and an average price target of $261.68.

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.