Profund Advisors LLC trimmed its position in shares of Datadog, Inc. (NASDAQ:DDOG – Free Report) by 7.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,672 shares of the company’s stock after selling 2,724 shares during the period. Profund Advisors LLC’s holdings in Datadog were worth $9,495,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the company. Integrated Wealth Concepts LLC boosted its holdings in shares of Datadog by 1,691.4% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 186,216 shares of the company’s stock worth $48,483,000 after purchasing an additional 175,821 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in shares of Datadog by 7,711.3% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 94,048 shares of the company’s stock valued at $25,755,000 after acquiring an additional 92,844 shares during the last quarter. Congress Asset Management Co. raised its stake in shares of Datadog by 3.0% during the third quarter. Congress Asset Management Co. now owns 268,825 shares of the company’s stock valued at $71,350,000 after purchasing an additional 7,802 shares during the period. Saudi Central Bank increased its stake in Datadog by 91.6% during the second quarter. Saudi Central Bank now owns 21,867 shares of the company’s stock valued at $5,693,000 after purchasing an additional 10,455 shares during the last quarter. Finally, Cooper Financial Group grew its position in Datadog by 188.1% in the 3rd quarter. Cooper Financial Group now owns 20,934 shares of the company’s stock valued at $5,733,000 after buying an additional 13,669 shares in the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.
Datadog Stock Performance
Shares of DDOG stock opened at $235.27 on Friday. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $300.68. The company’s fifty day moving average price is $251.27 and its 200-day moving average price is $198.14. The stock has a market cap of $84.48 billion, a PE ratio of 480.15, a price-to-earnings-growth ratio of 22.97 and a beta of 1.51. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 0.23.
Datadog (NASDAQ:DDOG – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the prior year, the company posted $0.46 EPS. The firm’s revenue for the quarter was up 35.6% compared to the same quarter last year. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. On average, equities analysts expect that Datadog, Inc. will post 0.70 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on DDOG shares. Guggenheim raised their target price on Datadog from $225.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Benchmark reissued a “buy” rating on shares of Datadog in a research note on Tuesday, July 28th. Morgan Stanley raised their target price on shares of Datadog from $225.00 to $300.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. BTIG Research upped their target price on Datadog from $255.00 to $289.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. Finally, Canadian Imperial Bank of Commerce increased their price objective on Datadog from $280.00 to $315.00 and gave the company an “outperform” rating in a report on Friday, October 9th. Three analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Datadog has an average rating of “Moderate Buy” and a consensus price target of $287.22.
Read Our Latest Stock Analysis on DDOG
More Datadog News
Here are the key news stories impacting Datadog this week:
- Positive Sentiment: Datadog was named a Leader in the Forrester Wave: AIOps Platforms, Q4 2026. The recognition highlights its AI-powered observability platform and Bits AI capabilities for detecting, investigating and remediating operational issues, potentially strengthening its competitive position. Datadog Named a Leader in AIOps Platforms Research
- Positive Sentiment: A Wells Fargo analyst reportedly expects Datadog’s stock price to rise, providing some analyst support ahead of the company’s upcoming results. Datadog Stock Price Expected to Rise
- Neutral Sentiment: Wall Street is concentrating on Datadog’s third-quarter 2026 metrics, including revenue growth, customer additions, usage trends and profitability. The company’s latest reported quarter showed revenue growth of 35.6% year over year and adjusted EPS above expectations, but investors are likely demanding continued strength. Datadog Q3 Earnings Projections
- Negative Sentiment: Datadog fell alongside other cybersecurity and technology software stocks even as a major Binance cryptocurrency theft underscored demand for digital-security products. The move suggests broad market and sector selling, rather than a deterioration in Datadog’s fundamentals, is currently dominating trading. Datadog and Cybersecurity Stocks Fall
- Negative Sentiment: CTO Alexis Le-Quoc sold 43,224 shares worth approximately $12.1 million. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal, although insider selling can still weigh on sentiment. SEC Insider Trading Filing
Insider Buying and Selling
In other news, insider Yanbing Li sold 12,700 shares of the stock in a transaction on Friday, September 11th. The stock was sold at an average price of $221.26, for a total transaction of $2,810,002.00. Following the completion of the transaction, the insider directly owned 250,446 shares in the company, valued at approximately $55,413,681.96. This represents a 4.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Sean Walters sold 11,710 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $221.04, for a total value of $2,588,378.40. Following the completion of the sale, the executive owned 233,135 shares of the company’s stock, valued at approximately $51,532,160.40. This represents a 4.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 904,934 shares of company stock worth $220,279,519 in the last 90 days. Corporate insiders own 6.48% of the company’s stock.
Datadog Company Profile
Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.
Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.
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