Oppenheimer Asset Management Inc. Has $3.50 Million Position in Datadog, Inc. $DDOG

Oppenheimer Asset Management Inc. boosted its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 20.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,744 shares of the company’s stock after buying an additional 4,288 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Datadog were worth $3,501,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Datadog by 30.3% during the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after buying an additional 9,748,738 shares in the last quarter. State Street Corp boosted its stake in Datadog by 106.8% during the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after buying an additional 7,091,075 shares in the last quarter. Jennison Associates LLC boosted its stake in Datadog by 43.7% during the fourth quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock worth $1,036,787,000 after buying an additional 2,316,994 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Datadog by 0.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,289,570 shares of the company’s stock worth $610,835,000 after buying an additional 40,276 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in Datadog by 119.2% during the third quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock worth $580,383,000 after buying an additional 2,216,402 shares in the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Datadog Price Performance

Shares of NASDAQ:DDOG opened at $140.53 on Monday. Datadog, Inc. has a 52 week low of $98.01 and a 52 week high of $201.69. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.38 and a current ratio of 3.38. The company’s fifty day moving average is $121.30 and its 200-day moving average is $136.88. The company has a market capitalization of $49.55 billion, a PE ratio of 453.32, a P/E/G ratio of 50.87 and a beta of 1.30.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The business had revenue of $953.19 million during the quarter, compared to analysts’ expectations of $916.53 million. During the same period in the previous year, the business posted $0.49 earnings per share. The firm’s revenue for the quarter was up 29.2% compared to the same quarter last year. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. Equities research analysts predict that Datadog, Inc. will post 0.32 earnings per share for the current fiscal year.

Insider Activity at Datadog

In related news, CRO Sean Michael Walters sold 22,330 shares of Datadog stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $125.68, for a total value of $2,806,434.40. Following the completion of the transaction, the executive directly owned 238,384 shares of the company’s stock, valued at $29,960,101.12. The trade was a 8.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $125.49, for a total value of $6,765,416.88. Following the completion of the transaction, the chief technology officer directly owned 437,257 shares of the company’s stock, valued at $54,871,380.93. This represents a 10.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 594,639 shares of company stock valued at $72,214,894 over the last ninety days. 6.67% of the stock is owned by insiders.

Wall Street Analyst Weigh In

DDOG has been the topic of a number of recent research reports. Wedbush decreased their price target on shares of Datadog from $215.00 to $190.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. Citigroup restated a “buy” rating on shares of Datadog in a research note on Thursday, April 23rd. Truist Financial reduced their target price on shares of Datadog from $195.00 to $140.00 and set a “hold” rating on the stock in a research note on Wednesday, January 7th. Weiss Ratings restated a “sell (d+)” rating on shares of Datadog in a research note on Monday, April 20th. Finally, Canaccord Genuity Group restated a “buy” rating on shares of Datadog in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $177.03.

Datadog 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.