Fideuram Asset Management Ireland dac Purchases New Stake in Datadog, Inc. $DDOG

Fideuram Asset Management Ireland dac purchased a new stake in shares of Datadog, Inc. (NASDAQ:DDOG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 21,288 shares of the company’s stock, valued at approximately $2,895,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Westside Investment Management Inc. raised its holdings 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 during the last quarter. Rothschild Investment LLC raised its holdings in Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after purchasing an additional 100 shares in the last quarter. Physician Wealth Advisors Inc. raised its holdings in Datadog by 315.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after purchasing an additional 145 shares in the last quarter. JPL Wealth Management LLC bought a new position in Datadog in the 3rd quarter worth $27,000. Finally, Hazlett Burt & Watson Inc. bought a new position in Datadog in the 3rd quarter worth $28,000. 78.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Matthew Jacobson sold 52,832 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $189.28, for a total value of $10,000,040.96. Following the completion of the transaction, the director directly owned 622,726 shares in the company, valued at $117,869,577.28. This trade represents a 7.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Alexis Le-Quoc sold 53,912 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $125.49, for a total transaction of $6,765,416.88. Following the completion of the transaction, the chief technology officer owned 437,257 shares of the company’s stock, valued at approximately $54,871,380.93. The trade was a 10.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 970,661 shares of company stock worth $148,952,223 in the last three months. 6.48% of the stock is owned by corporate insiders.

More Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Bank of America raised its price target on Datadog to $260 from $225, signaling more upside potential even after the stock’s strong run. MarketScreener article
• Positive Sentiment: Datadog and Carahsoft announced that Datadog for Government achieved FedRAMP High certification, which could expand adoption in the federal market and strengthen its security/observability offering. GlobeNewswire article
• Positive Sentiment: Multiple articles highlighted Datadog as a beneficiary of AI and cloud growth, while Wedbush reportedly added the stock to its AI 30 list, reinforcing the bullish long-term growth narrative. Barchart article
• Neutral Sentiment: Zacks described Datadog as a top-ranked growth stock, which supports the bullish case but does not add a specific new catalyst. Zacks article
• Neutral Sentiment: Goldman Sachs reportedly kept a Sell rating while raising its target, and a large insider sale by CEO Olivier Pomel may temper enthusiasm, though the trade was made under a pre-arranged 10b5-1 plan. Insider trade filing

Analyst Upgrades and Downgrades

Several research analysts have commented on DDOG shares. Wolfe Research decreased their price objective on shares of Datadog from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Tuesday, February 10th. Morgan Stanley upped their price objective on shares of Datadog from $180.00 to $225.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. KeyCorp upped their price objective on shares of Datadog from $155.00 to $225.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Piper Sandler upped their price objective on shares of Datadog from $195.00 to $230.00 in a report on Thursday, May 7th. Finally, BTIG Research upped their price objective on shares of Datadog from $212.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Datadog currently has a consensus rating of “Moderate Buy” and an average price target of $218.95.

Datadog Stock Up 1.5%

Shares of Datadog stock opened at $225.24 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The company has a 50-day moving average of $151.89 and a 200 day moving average of $142.34. The firm has a market cap of $80.18 billion, a price-to-earnings ratio of 592.75, a PEG ratio of 41.56 and a beta of 1.30. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $235.00.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. Datadog’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same period last year, the business earned $0.46 EPS. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, sell-side analysts anticipate that Datadog, Inc. will post 0.61 earnings per share for the current fiscal year.

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.