Datadog, Inc. $DDOG Shares Bought by VMS Asset Management Limited

VMS Asset Management Limited lifted its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 13.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,803 shares of the company’s stock after acquiring an additional 3,883 shares during the quarter. Datadog comprises approximately 3.4% of VMS Asset Management Limited’s holdings, making the stock its 9th biggest holding. VMS Asset Management Limited’s holdings in Datadog were worth $8,709,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

DDOG has been the topic of several recent research reports. Capital One Financial boosted their price target on Datadog from $217.00 to $268.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 17th. Scotiabank lifted their price objective on shares of Datadog from $275.00 to $285.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Jefferies Financial Group reiterated a “hold” rating and set a $300.00 price objective on shares of Datadog in a research note on Sunday. Canadian Imperial Bank of Commerce boosted their target price on shares of Datadog from $280.00 to $315.00 and gave the stock an “outperform” rating in a research report on Friday, October 9th. Finally, The Goldman Sachs Group restated a “sell” rating and issued a $158.00 target price on shares of Datadog in a research note on Friday, August 7th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Datadog currently has an average rating of “Moderate Buy” and a consensus target price of $280.51.

Insider Activity at Datadog

In related news, CEO Olivier Pomel sold 127,141 shares of Datadog stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $286.71, for a total value of $36,452,596.11. Following the completion of the sale, the chief executive officer owned 612,747 shares in the company, valued at approximately $175,680,692.37. The trade was a 17.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $253.36, for a total transaction of $13,659,144.32. Following the completion of the sale, the chief technology officer directly owned 509,805 shares in the company, valued at $129,164,194.80. This represents a 9.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 991,988 shares of company stock valued at $241,440,796. Company insiders own 6.48% of the company’s stock.

Datadog Trading Down 4.9%

Shares of DDOG opened at $269.33 on Thursday. The company has a market capitalization of $96.71 billion, a P/E ratio of 549.66, a P/E/G ratio of 27.65 and a beta of 1.51. Datadog, Inc. has a one year low of $98.01 and a one year high of $300.68. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. The stock has a 50-day moving average price of $245.68 and a 200 day moving average price of $220.01.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings data 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 return on equity of 5.67% and a net margin of 4.48%. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the previous year, the business earned $0.46 EPS. Datadog’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. Sell-side analysts forecast that Datadog, Inc. will post 0.70 EPS for the current fiscal year.

Datadog 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.