308,040 Datadog, Inc. $DDOG Shares Acquired by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. increased its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 338.4% during the third quarter, Holdings Channel reports. The institutional investor owned 399,066 shares of the company’s stock after purchasing an additional 308,040 shares during the quarter. Datadog comprises 0.8% of Mn Services Vermogensbeheer B.V.’s holdings, making the stock its 27th biggest position. Mn Services Vermogensbeheer B.V.’s holdings in Datadog were worth $109,284,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Employees Provident Fund Board acquired a new position in Datadog in the 4th quarter valued at approximately $251,582,000. First Trust Advisors LP increased its holdings 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 valued at $435,081,000 after purchasing an additional 1,654,429 shares in the last quarter. Janus Henderson Group PLC raised its position in Datadog by 22.8% in the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after purchasing an additional 1,439,082 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Datadog by 162.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,571,018 shares of the company’s stock worth $185,459,000 after buying an additional 971,910 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Datadog by 30.3% in the 1st 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 during the last quarter. 78.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on DDOG. FBN Securities initiated coverage on Datadog in a research note on Friday, October 2nd. They issued an “outperform” rating and a $325.00 target price for the company. Truist Financial upgraded Datadog from a “hold” rating to a “buy” rating and raised their price target for the company from $190.00 to $300.00 in a report on Monday, June 15th. Cantor Fitzgerald lifted their price objective on Datadog from $226.00 to $327.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Wolfe Research reissued an “outperform” rating and set a $295.00 price objective on shares of Datadog in a report on Thursday, June 11th. Finally, Robert W. Baird set a $300.00 price objective on Datadog in a report on Friday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Datadog currently has an average rating of “Moderate Buy” and an average price target of $277.73.

Datadog Stock Performance

Shares of NASDAQ:DDOG opened at $273.80 on Friday. The firm’s 50 day simple moving average is $245.27 and its 200 day simple moving average is $215.54. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $292.72. The company has a market capitalization of $98.32 billion, a price-to-earnings ratio of 558.79, a P/E/G ratio of 26.48 and a beta of 1.51. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.20 and a quick ratio of 3.20.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, August 6th. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.58 by $0.07. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.08 billion. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The business’s quarterly revenue was up 35.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 earnings per share. 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, sell-side analysts forecast that Datadog, Inc. will post 0.7 earnings per share for the current year.

Insiders Place Their Bets

In other Datadog news, CFO David Obstler sold 10,000 shares of the business’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $241.25, for a total value of $2,412,500.00. Following the completion of the transaction, the chief financial officer directly owned 368,067 shares of the company’s stock, valued at approximately $88,796,163.75. The trade was a 2.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Yanbing Li sold 12,700 shares of the stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $221.26, for a total value of $2,810,002.00. Following the completion of the sale, the insider owned 250,446 shares of the company’s stock, valued at $55,413,681.96. This trade represents a 4.83% 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. Insiders have sold 938,076 shares of company stock worth $226,690,473 over the last 90 days. 6.48% of the stock is currently owned by corporate insiders.

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.