Datadog, Inc. $DDOG Shares Bought by Forsta AP Fonden

Forsta AP Fonden boosted its holdings in shares of Datadog, Inc. (NASDAQ:DDOGFree Report) by 5.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,500 shares of the company’s stock after buying an additional 3,100 shares during the period. Forsta AP Fonden’s holdings in Datadog were worth $8,907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Elevation Point Wealth Partners LLC increased its position in Datadog by 3.3% during the 3rd quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock valued at $242,000 after buying an additional 55 shares in the last quarter. Chicago Partners Investment Group LLC increased its position in Datadog by 1.6% during the 4th quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock valued at $622,000 after buying an additional 73 shares in the last quarter. Vivaldi Capital Management LP increased its position in Datadog by 2.8% during the 3rd quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock valued at $383,000 after buying an additional 74 shares in the last quarter. Westside Investment Management Inc. increased its position in Datadog by 74.3% during the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after buying an additional 75 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in Datadog by 2.0% during the 4th quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock valued at $529,000 after buying an additional 78 shares in the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Julie Richardson sold 1,930 shares of Datadog stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $185.82, for a total transaction of $358,632.60. Following the completion of 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Yanbing Li sold 19,834 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $197.35, for a total value of $3,914,239.90. Following the completion of the transaction, the insider directly owned 285,283 shares of the company’s stock, valued at $56,300,600.05. The trade was a 6.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 848,198 shares of company stock valued at $135,415,163 over the last 90 days. Company insiders own 6.48% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on DDOG shares. Needham & Company LLC upped their target price on Datadog from $155.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Royal Bank Of Canada upped their target price on Datadog from $219.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday. Robert W. Baird set a $210.00 price objective on Datadog in a report on Friday, May 8th. KeyCorp increased their price objective on Datadog from $155.00 to $225.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Finally, BMO Capital Markets increased their price objective on Datadog from $165.00 to $220.00 and gave the company an “outperform” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Datadog currently has a consensus rating of “Moderate Buy” and an average target price of $219.69.

Get Our Latest Stock Analysis on DDOG

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

Datadog Price Performance

Shares of DDOG stock opened at $247.35 on Monday. The stock’s 50-day simple moving average is $154.21 and its 200-day simple moving average is $142.67. 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 firm has a market capitalization of $88.05 billion, a PE ratio of 650.94, a P/E/G ratio of 26.41 and a beta of 1.56. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $249.81.

Datadog (NASDAQ:DDOGGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company’s revenue was up 32.1% on a year-over-year basis. During the same period in the prior year, the company 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. Equities analysts expect that Datadog, Inc. will post 0.61 earnings per share for the current year.

Datadog Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding DDOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Datadog, Inc. (NASDAQ:DDOGFree Report).

Institutional Ownership by Quarter for Datadog (NASDAQ:DDOG)

Receive News & Ratings for Datadog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Datadog and related companies with MarketBeat.com's FREE daily email newsletter.