Pacer Advisors Inc. Acquires 55,205 Shares of Datadog, Inc. $DDOG

Pacer Advisors Inc. lifted its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 19.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 339,600 shares of the company’s stock after buying an additional 55,205 shares during the quarter. Pacer Advisors Inc.’s holdings in Datadog were worth $46,182,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of DDOG. Brighton Jones LLC bought a new stake in Datadog during the 4th quarter valued at $209,000. Bison Wealth LLC bought a new position in shares of Datadog in the fourth quarter valued at $228,000. Empowered Funds LLC lifted its stake in shares of Datadog by 7.0% in the first quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock valued at $1,023,000 after buying an additional 672 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Datadog by 17.6% during the first quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock valued at $76,000 after buying an additional 115 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in shares of Datadog during the second quarter valued at about $509,000. Institutional investors own 78.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Citigroup increased their price objective on Datadog from $218.00 to $270.00 and gave the stock a “buy” rating in a research note on Wednesday. Wolfe Research reiterated an “outperform” rating and set a $295.00 price target on shares of Datadog in a report on Thursday, June 11th. Robert W. Baird set a $210.00 price target on Datadog in a report on Friday, May 8th. Sanford C. Bernstein reissued an “outperform” rating on shares of Datadog in a research report on Friday, June 12th. Finally, Benchmark raised their price objective on Datadog from $230.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $239.48.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Truist upgraded Datadog to Buy from Hold and lifted its price target to $300, citing stronger demand tied to AI observability, cloud monitoring, and security products. Truist upgrades Datadog to Buy from Neutral
• Positive Sentiment: Scotiabank raised its target to $275 from $225 and kept a Sector Outperform rating, reinforcing expectations for further upside. Scotiabank adjusts price target on Datadog to 275 from 225
• Positive Sentiment: Other recent broker actions were also constructive, with Citigroup and Capital One lifting targets to $270 and $268, respectively, as analysts continue to point to durable AI-driven demand. Citi raises Datadog target to 270 citing durable AI-driven demand
• Neutral Sentiment: Coverage around Datadog’s strong Q1 results and observability consolidation strategy remains supportive, but it largely reiterates the company’s existing growth story rather than introducing a new catalyst. Can Observability Consolidation Create a Larger Opportunity for DDOG?
• Negative Sentiment: Recent insider selling by CEO Olivier Pomel and General Counsel Kerry Acocella may be creating some sentiment pressure, even though the trades were made under pre-arranged 10b5-1 plans. Datadog insider trade details

Datadog Price Performance

Datadog stock opened at $223.00 on Friday. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $278.70. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. The business’s 50 day simple moving average is $189.22 and its 200 day simple moving average is $149.77. The company has a market cap of $79.38 billion, a price-to-earnings ratio of 586.86, a PEG ratio of 23.88 and a beta of 1.56.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates 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 last year, the business earned $0.46 earnings per share. The company’s quarterly revenue was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Sell-side analysts forecast that Datadog, Inc. will post 0.61 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Olivier Pomel sold 84,698 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $232.30, for a total value of $19,675,345.40. Following the sale, the chief executive officer owned 612,747 shares in the company, valued at approximately $142,341,128.10. This trade represents a 12.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael James Callahan sold 112,500 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $231.60, for a total value of $26,055,000.00. Following the completion of the sale, the director directly owned 14,996 shares in the company, valued at approximately $3,473,073.60. The trade was a 88.24% 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. Over the last ninety days, insiders sold 1,444,558 shares of company stock worth $299,060,922. Company insiders own 6.48% of the company’s stock.

Datadog 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.