Meiji Yasuda Asset Management Co Ltd. Buys New Shares in Datadog, Inc. $DDOG

Meiji Yasuda Asset Management Co Ltd. bought a new position in shares of Datadog, Inc. (NASDAQ:DDOG) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 22,345 shares of the company’s stock, valued at approximately $5,818,000.

Other hedge funds have also added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new position in Datadog in the 3rd quarter valued at $27,000. NBC Securities Inc. increased its position in Datadog by 242.6% during the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after acquiring an additional 165 shares during the period. Rothschild Investment LLC increased its position in Datadog by 52.5% during the fourth quarter. Rothschild Investment LLC now owns 273 shares of the company’s stock worth $37,000 after acquiring an additional 94 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its stake in Datadog by 341.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 318 shares of the company’s stock worth $38,000 after purchasing an additional 246 shares in the last quarter. Finally, Morse Asset Management Inc acquired a new stake in shares of Datadog in the fourth quarter valued at approximately $44,000. 78.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Datadog

In other news, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $253.36, for a total transaction of $13,659,144.32. Following the sale, the chief technology officer directly owned 509,805 shares of the company’s stock, valued at approximately $129,164,194.80. This trade represents a 9.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael James Callahan sold 12,500 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $287.47, for a total value of $3,593,375.00. Following the sale, the director owned 14,996 shares in the company, valued at approximately $4,310,900.12. This trade represents a 45.46% decrease in their ownership of the stock. 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 1,512,188 shares of company stock worth $374,502,256 over the last three months. 6.48% of the stock is owned by corporate insiders.

Datadog Price Performance

DDOG stock opened at $235.62 on Monday. The stock has a market cap of $84.61 billion, a price-to-earnings ratio of 480.87, a P/E/G ratio of 22.94 and a beta of 1.54. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20. The company has a 50 day simple moving average of $249.81 and a 200 day simple moving average of $186.34. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $292.72.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The company’s quarterly revenue was up 35.6% on a year-over-year basis. During the same quarter last year, the business posted $0.46 earnings per share. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Research analysts anticipate that Datadog, Inc. will post 0.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DDOG has been the subject of a number of analyst reports. BMO Capital Markets set a $300.00 price target on Datadog in a research note on Friday, August 7th. Mizuho upped their price target on shares of Datadog from $220.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. Rosenblatt Securities lifted their price objective on shares of Datadog from $220.00 to $305.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Benchmark restated a “buy” rating on shares of Datadog in a research report on Tuesday, July 28th. Finally, CICC Research upped their target price on Datadog from $150.00 to $204.00 in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $276.32.

Datadog Company 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.