Datadog, Inc. $DDOG Stock Purchased by Cohen Capital Management Inc.

Cohen Capital Management Inc. increased its position in Datadog, Inc. (NASDAQ:DDOG) by 281.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,326 shares of the company’s stock after buying an additional 43,043 shares during the period. Datadog accounts for about 2.4% of Cohen Capital Management Inc.’s investment portfolio, making the stock its 11th biggest position. Cohen Capital Management Inc.’s holdings in Datadog were worth $15,973,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Janus Henderson Group PLC grew its holdings in Datadog by 22.8% during the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock valued at $905,570,000 after buying an additional 1,439,082 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Datadog by 81.5% during the 1st quarter. First Trust Advisors LP now owns 3,685,562 shares of the company’s stock worth $435,081,000 after acquiring an additional 1,654,429 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Datadog by 30.3% during the 1st quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company’s stock worth $312,340,000 after acquiring an additional 615,090 shares in the last quarter. Employees Provident Fund Board purchased a new stake in shares of Datadog during the 4th quarter worth approximately $251,582,000. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Datadog by 162.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,571,018 shares of the company’s stock valued at $185,459,000 after acquiring an additional 971,910 shares during the last quarter. 78.29% of the stock is owned by institutional investors.

Insider Activity at Datadog

In other news, CEO Olivier Pomel sold 127,141 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $286.71, for a total transaction of $36,452,596.11. Following the transaction, the chief executive officer owned 612,747 shares of the company’s stock, valued at approximately $175,680,692.37. This represents a 17.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 53,912 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $253.36, for a total value of $13,659,144.32. Following the completion of the sale, the chief technology officer owned 509,805 shares in the company, valued at approximately $129,164,194.80. The trade was a 9.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 991,988 shares of company stock valued at $241,440,796 in the last 90 days. Company insiders own 6.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Canaccord Genuity Group raised their target price on shares of Datadog from $250.00 to $295.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. FBN Securities began coverage on shares of Datadog in a research note on Friday, October 2nd. They set an “outperform” rating and a $325.00 price target on the stock. BMO Capital Markets set a $300.00 price target on shares of Datadog in a research note on Friday, August 7th. Mizuho upped their target price on shares of Datadog from $220.00 to $300.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. Finally, Wells Fargo & Company upped their target price on shares of Datadog from $230.00 to $295.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. Three research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $280.51.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: RBC raised its price target for Datadog from $280 to $320 and maintained an “outperform” rating, implying further upside from the recent trading level. Royal Bank Of Canada Issues Positive Forecast for Datadog Stock Price
• Positive Sentiment: Yorkville Ives increased its Datadog target to $335, adding to the series of favorable analyst views and signaling confidence in demand for the company’s cloud monitoring and observability products. Yorkville Ives raises target for Datadog stock
• Positive Sentiment: Wall Street’s average brokerage recommendation remains equivalent to a Buy. However, the source cautions that analyst ratings can be overly optimistic and should be weighed alongside valuation and fundamentals. Is Datadog a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: Investors continue to focus on whether rising AI observability demand can accelerate Datadog’s growth. Separately, questions about OpenAI’s revenue outlook and AI infrastructure spending could create volatility across AI-related stocks, although they may also present opportunities for established observability providers. Is Broader AI Observability Demand Lifting Datadog?
• Negative Sentiment: Datadog CTO Amit Agarwal sold approximately $14.75 million of stock. The insider transaction may weigh on sentiment, particularly as the shares trade near their 52-week high and at an elevated valuation, including a very high price-to-earnings ratio. Datadog CTO Sells Stock

Datadog Trading Down 1.4%

DDOG stock opened at $283.34 on Wednesday. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. Datadog, Inc. has a twelve month low of $98.01 and a twelve month high of $300.68. The stock has a market capitalization of $101.74 billion, a price-to-earnings ratio of 578.26, a price-to-earnings-growth ratio of 28.04 and a beta of 1.51. The firm’s fifty day simple moving average is $245.95 and its two-hundred day simple moving average is $218.99.

Datadog (NASDAQ:DDOG) last released its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter last year, the business earned $0.46 EPS. The business’s revenue was up 35.6% on a year-over-year basis. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. As a group, analysts anticipate that Datadog, Inc. will post 0.70 earnings per share for the current year.

Datadog Company Profile

Datadog, Inc is a software company that provides a cloud-based monitoring, observability and security platform. Its services help organizations collect, analyze and visualize data from applications, infrastructure, networks, databases and other technology environments, enabling them to identify performance issues, manage incidents and improve digital services.

The company’s product offerings include infrastructure monitoring, application performance monitoring, log management, database and network monitoring, real user and synthetic experience monitoring, cloud security, software supply chain security, incident management and workflow automation.