Datadog, Inc. $DDOG Shares Sold by Sit Investment Associates Inc.

Sit Investment Associates Inc. decreased its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 8.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,200 shares of the company’s stock after selling 2,810 shares during the period. Sit Investment Associates Inc.’s holdings in Datadog were worth $4,243,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Rothschild Investment LLC boosted its holdings in Datadog by 126.6% during the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after buying an additional 100 shares in the last quarter. JPL Wealth Management LLC acquired a new position in Datadog in the third quarter worth approximately $27,000. CoreCap Advisors LLC increased its holdings in shares of Datadog by 1,461.5% in the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after buying an additional 190 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Datadog during the 4th quarter valued at $31,000. Finally, NBC Securities Inc. lifted its position in shares of Datadog by 242.6% during the 4th quarter. NBC Securities Inc. now owns 233 shares of the company’s stock valued at $32,000 after acquiring an additional 165 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors.

Datadog Stock Performance

Shares of NASDAQ:DDOG opened at $223.00 on Friday. The firm has a fifty day moving average of $189.22 and a two-hundred day moving average of $149.77. The firm has a market capitalization of $79.38 billion, a P/E ratio of 586.86, a price-to-earnings-growth ratio of 23.88 and a beta of 1.56. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $278.70. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25.

Datadog (NASDAQ:DDOG) last posted its quarterly 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 business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. During the same period in the prior year, the business posted $0.46 earnings per share. Datadog’s revenue for the quarter was up 32.1% compared to the same quarter last year. 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, equities analysts expect that Datadog, Inc. will post 0.61 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Dev Ittycheria sold 120,000 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $248.78, for a total transaction of $29,853,600.00. Following the completion of the sale, the director directly owned 39,235 shares of the company’s stock, valued at $9,760,883.30. This trade represents a 75.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Olivier Pomel sold 127,141 shares of Datadog stock in a transaction dated 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 sale, the chief executive officer owned 835,679 shares of the company’s stock, valued at approximately $167,002,091.36. This represents a 13.21% decrease in their ownership of the stock. 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 90 days, insiders sold 1,444,558 shares of company stock worth $299,060,922. Insiders own 6.48% of the company’s stock.

Key Headlines Impacting 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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on DDOG shares. Truist Financial upgraded Datadog from a “hold” rating to a “buy” rating and lifted their target price for the stock from $190.00 to $300.00 in a report on Monday, June 15th. Stifel Nicolaus set a $305.00 price target on Datadog in a research report on Thursday, May 7th. BMO Capital Markets restated an “outperform” rating and set a $260.00 price objective on shares of Datadog in a report on Friday, June 12th. BTIG Research reaffirmed a “buy” rating and set a $255.00 price objective on shares of Datadog in a research note on Thursday, June 11th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Datadog in a report on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Datadog currently has an average rating of “Moderate Buy” and a consensus price target of $239.48.

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.