Datadog, Inc. $DDOG Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lessened its stake in Datadog, Inc. (NASDAQ:DDOG) by 30.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 200,954 shares of the company’s stock after selling 87,923 shares during the period. Rockefeller Capital Management L.P.’s holdings in Datadog were worth $27,328,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DDOG. Brighton Jones LLC acquired a new stake in Datadog during the 4th quarter worth approximately $209,000. Bison Wealth LLC acquired a new position in shares of Datadog in the fourth quarter valued at approximately $228,000. Empowered Funds LLC increased its holdings in shares of Datadog by 7.0% in the first quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock valued at $1,023,000 after purchasing an additional 672 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Datadog by 17.6% during the first quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after purchasing an additional 115 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in shares of Datadog during the second quarter worth approximately $509,000. 78.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CRO Sean Michael Walters sold 11,876 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $231.02, for a total transaction of $2,743,593.52. Following the completion of the transaction, the executive owned 258,420 shares of the company’s stock, valued at $59,700,188.40. This represents a 4.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 84,698 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $232.30, for a total transaction of $19,675,345.40. Following the completion of the sale, the chief executive officer directly owned 612,747 shares in the company, valued at $142,341,128.10. This represents a 12.14% 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 1,392,140 shares of company stock valued at $292,372,323 in the last 90 days. Insiders own 6.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Capital One Financial upped their price objective on shares of Datadog from $217.00 to $268.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 17th. Benchmark boosted their price target on shares of Datadog from $230.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Needham & Company LLC assumed coverage on shares of Datadog in a report on Monday, June 15th. They set a “buy” rating for the company. Wedbush began coverage on Datadog in a report on Monday, June 15th. They issued a “neutral” rating on the stock. Finally, Scotiabank lifted their price objective on Datadog from $225.00 to $275.00 and gave the company an “outperform” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $239.48.

Datadog Price Performance

DDOG stock opened at $221.37 on Tuesday. The firm has a 50 day moving average of $191.47 and a 200-day moving average of $150.17. The company has a market cap of $78.80 billion, a price-to-earnings ratio of 582.57, a PEG ratio of 23.88 and a beta of 1.56. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $278.70.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $960.12 million. During the same quarter in the previous year, the company posted $0.46 EPS. The business’s 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. As a group, equities analysts expect that Datadog, Inc. will post 0.61 EPS 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.