Eventide Asset Management LLC Reduces Stock Position in Datadog, Inc. $DDOG

Eventide Asset Management LLC lessened its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 31.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 238,916 shares of the company’s stock after selling 111,878 shares during the quarter. Eventide Asset Management LLC’s holdings in Datadog were worth $32,502,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC boosted its holdings in shares of Datadog by 126.6% in the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after buying an additional 100 shares during the last quarter. JPL Wealth Management LLC purchased a new position in shares of Datadog in the third quarter worth approximately $27,000. CoreCap Advisors LLC boosted 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 worth $28,000 after buying an additional 190 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in shares of Datadog in the fourth quarter worth approximately $31,000. Finally, NBC Securities Inc. boosted its holdings in shares of Datadog by 242.6% in the fourth quarter. NBC Securities Inc. now owns 233 shares of the company’s stock worth $32,000 after buying an additional 165 shares during the last quarter. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Analysts are increasingly upbeat on Datadog’s AI opportunity. BMO raised its price target to $260, BTIG reaffirmed a buy rating with a $255 target, and Wedbush also reiterated a buy view, reinforcing expectations for further upside. Article link
• Positive Sentiment: Coverage around Datadog’s GPU Monitoring and broader AI observability stack suggests the company is expanding its role in optimizing AI workloads, which could become a meaningful growth driver. Article link
• Positive Sentiment: Technical traders are encouraged by DDOG breaking above its 20-day moving average, a sign of improving short-term momentum after a strong run. Article link
• Positive Sentiment: Financial press is highlighting Datadog as a beneficiary of AI-driven cybersecurity spending, with analysts raising targets and framing DDOG as a hidden winner from the AI boom. Article link
• Positive Sentiment: Datadog’s recent AI-focused product launch and broader platform expansion are strengthening the company’s growth narrative and supporting elevated valuation expectations. Article link
• Neutral Sentiment: Datadog remains a premium-valued stock after its strong revenue growth and beat-and-raise earnings report, so the market is balancing solid fundamentals against high expectations.
• Negative Sentiment: Recent insider sales by CEO Olivier Pomel and CFO David Obstler may create some near-term overhang, even though the transactions were made under pre-arranged trading plans. Article link

Insider Buying and Selling

In related news, Director Titilope Cole sold 5,131 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $247.87, for a total value of $1,271,820.97. Following the sale, the director owned 1,216 shares in the company, valued at approximately $301,409.92. The trade was a 80.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO David M. Obstler sold 75,000 shares of the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $231.69, for a total transaction of $17,376,750.00. Following the completion of the sale, the chief financial officer owned 434,591 shares in the company, valued at $100,690,388.79. This represents a 14.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,272,556 shares of company stock valued at $252,615,825 in the last three months. Corporate insiders own 6.48% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. New Street Research set a $260.00 price objective on shares of Datadog in a report on Thursday. Rosenblatt Securities raised their target price on shares of Datadog from $178.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Weiss Ratings upgraded shares of Datadog from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday. BMO Capital Markets restated an “outperform” rating and set a $260.00 target price on shares of Datadog in a research note on Friday. Finally, Evercore raised their target price on shares of Datadog from $225.00 to $265.00 and gave the stock an “outperform” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $231.64.

Datadog Trading Down 1.9%

Datadog stock opened at $229.90 on Friday. The stock has a market cap of $81.84 billion, a P/E ratio of 605.02, a PEG ratio of 24.62 and a beta of 1.56. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $278.70. The firm’s 50 day moving average price is $178.29 and its 200-day moving average price is $147.38.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $960.12 million. During the same quarter in the previous year, the business posted $0.46 earnings per share. Datadog’s quarterly revenue was up 32.1% on a year-over-year basis. 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 predict that Datadog, Inc. will post 0.61 earnings per share for the current fiscal year.

Datadog Company 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.