Whittier Trust Co. of Nevada Inc. Has $5.69 Million Position in Datadog, Inc. $DDOG

Whittier Trust Co. of Nevada Inc. boosted its holdings in Datadog, Inc. (NASDAQ:DDOG) by 5.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,854 shares of the company’s stock after acquiring an additional 2,319 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Datadog were worth $5,691,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in DDOG. Price T Rowe Associates Inc. MD grew its stake in shares of Datadog by 7.1% in the 4th 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 purchasing an additional 956,993 shares during the period. State Street Corp lifted its position in shares of Datadog by 106.8% during the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after buying an additional 7,091,075 shares during the period. Geode Capital Management LLC boosted its stake in 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 buying an additional 197,816 shares in the last quarter. Jennison Associates LLC grew its position in Datadog by 43.7% in the fourth quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock valued at $1,036,787,000 after acquiring an additional 2,316,994 shares during the period. Finally, Invesco Ltd. grew its position in Datadog by 119.2% in the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after acquiring an additional 2,216,402 shares during the period. Institutional investors and hedge funds own 78.29% of the company’s stock.

Datadog Trading Up 1.7%

Shares of Datadog stock traded up $4.30 on Tuesday, hitting $259.68. 950,968 shares of the company’s stock traded hands, compared to its average volume of 5,781,605. The firm’s 50-day moving average price is $213.66 and its two-hundred day moving average price is $156.10. The stock has a market capitalization of $92.43 billion, a PE ratio of 681.65, a price-to-earnings-growth ratio of 26.47 and a beta of 1.54. 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 one year low of $98.01 and a one year high of $278.70.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter last year, the business 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. On average, research analysts expect that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Benchmark raised its price target on Datadog to a Street-high $330 from $260 and kept a Buy rating, citing strong execution in the company’s product-led growth strategy and continued customer momentum. Benchmark Lifts PT on Datadog (DDOG), Remains Bullish
• Positive Sentiment: Datadog’s acquisition of Adaptive ML supports its push deeper into AI research and observability, which investors may view as a longer-term growth driver. Datadog (DDOG): The Best High Growth Cybersecurity Stock to Buy Now
• Neutral Sentiment: Director Michael James Callahan sold 12,500 shares in a pre-arranged Rule 10b5-1 transaction, which may weigh on sentiment but does not necessarily signal a negative view on the company’s outlook. SEC filing
• Negative Sentiment: Bernstein downgraded Datadog to Market Perform, warning that growth could slow and that fourth-quarter revenue growth may come in around 29%, below investor expectations. This Analyst Just Downgraded Datadog Stock. Here’s Why.
• Negative Sentiment: Bernstein also flagged “upcoming caution” around Datadog’s AI growth story, suggesting the market may be pricing in too much optimism ahead of a potentially softer Q4. Datadog in spotlight as Bernstein downgrades, citing upcoming ‘caution’

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Oppenheimer lifted their price objective on Datadog from $200.00 to $220.00 in a report on Thursday, May 7th. Arete Research increased their target price on shares of Datadog from $260.00 to $340.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Stifel Nicolaus set a $305.00 price target on shares of Datadog in a report on Thursday, May 7th. Morgan Stanley upgraded shares of Datadog from an “overweight” rating to an “overweight” rating in a research report on Monday, June 15th. Finally, Mizuho upped their price objective on shares of Datadog from $145.00 to $220.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $244.73.

Insider Buying and Selling at Datadog

In related news, Director Dev Ittycheria sold 120,000 shares of Datadog stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $248.78, for a total value of $29,853,600.00. Following the sale, the director owned 39,235 shares of the company’s stock, valued at approximately $9,760,883.30. This trade represents a 75.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Olivier Pomel sold 127,141 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $199.84, for a total value of $25,407,857.44. Following the completion of the sale, the chief executive officer owned 835,679 shares in the company, valued at $167,002,091.36. The trade was a 13.21% 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 sold 1,448,064 shares of company stock valued at $311,008,822 in the last 90 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.