Rakuten Investment Management Inc. Purchases 8,955 Shares of Datadog, Inc. $DDOG

Rakuten Investment Management Inc. boosted its position in Datadog, Inc. (NASDAQ:DDOG) by 11.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,823 shares of the company’s stock after purchasing an additional 8,955 shares during the period. Rakuten Investment Management Inc.’s holdings in Datadog were worth $23,586,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. AIA Group Ltd increased its stake in shares of Datadog by 11.5% in the third quarter. AIA Group Ltd now owns 34,900 shares of the company’s stock valued at $9,557,000 after buying an additional 3,600 shares during the period. Provenance Wealth Advisors LLC boosted its position in Datadog by 482.7% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 5,926 shares of the company’s stock worth $1,623,000 after buying an additional 4,909 shares during the period. Oregon Public Employees Retirement Fund grew its holdings in Datadog by 1.5% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 41,222 shares of the company’s stock worth $11,289,000 after acquiring an additional 610 shares during the last quarter. Signature Equity Partners LLC grew its holdings in Datadog by 91.1% during the 3rd quarter. Signature Equity Partners LLC now owns 237 shares of the company’s stock worth $65,000 after acquiring an additional 113 shares during the last quarter. Finally, Virtue Capital Management LLC grew its holdings in Datadog by 20.6% during the 3rd quarter. Virtue Capital Management LLC now owns 1,589 shares of the company’s stock worth $435,000 after acquiring an additional 271 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

DDOG has been the subject of several recent research reports. Wells Fargo & Company upped their price target on shares of Datadog from $295.00 to $325.00 and gave the company an “overweight” rating in a research report on Wednesday, October 28th. Cantor Fitzgerald lifted their price target on shares of Datadog from $226.00 to $327.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Evercore reissued an “outperform” rating and issued a $300.00 price objective on shares of Datadog in a research note on Monday. Citigroup increased their price objective on Datadog from $300.00 to $305.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, Scotiabank raised their target price on Datadog from $275.00 to $285.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Datadog currently has a consensus rating of “Moderate Buy” and a consensus target price of $287.98.

Insider Activity

In other Datadog news, 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 sale, the chief technology officer owned 509,805 shares of the company’s stock, valued at approximately $129,164,194.80. This represents a 9.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Olivier Pomel sold 89,497 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $207.86, for a total value of $18,602,846.42. Following the sale, the chief executive officer owned 586,416 shares of the company’s stock, valued at approximately $121,892,429.76. The trade was a 13.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 765,293 shares of company stock worth $180,233,548 in the last three months. Corporate insiders own 6.48% of the company’s stock.

Datadog News Summary

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Analysts see potential for another beat-and-raise quarter. Expectations include roughly 28.9% revenue growth, supported by AI-related demand and adoption of multiple Datadog products; Wedbush is also optimistic about the report. Datadog Likely to Deliver Another Beat-and-Raise Quarter, Wedbush Says Datadog Before Q3 Earnings: What’s in the Cards for the Stock?
• Positive Sentiment: Evercore ISI raised its price target to $300, adding to the positive analyst backdrop ahead of earnings. Datadog Price Target Raised to $300 at Evercore ISI
• Neutral Sentiment: Datadog’s CTO sold $12.06 million of shares under a preset trading plan. The planned sale may attract attention but does not, by itself, indicate a change in the company’s outlook. Datadog CTO sells stock under a preset trading plan
• Negative Sentiment: Risks include a major customer reducing usage and a high valuation that leaves little room for an earnings or growth disappointment. One analysis cautioned that investors want proof the AI opportunity is translating into durable results. Datadog: Good AI Story, But I Still Need Proof
• Negative Sentiment: Cloud-software stocks have faced concerns about AI spending and growth deceleration; Datadog also came under pressure amid a broader tech selloff. That cautious sector mood could weigh on shares even if earnings expectations are favorable. Palantir Falls Despite Earnings Beat; Datadog and Snowflake Also Slide

Datadog Stock Performance

NASDAQ:DDOG opened at $220.52 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.20 and a current ratio of 3.20. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $300.68. The company has a 50 day simple moving average of $250.77 and a two-hundred day simple moving average of $199.09. The company has a market capitalization of $79.18 billion, a PE ratio of 450.05, a P/E/G ratio of 21.09 and a beta of 1.50.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. Datadog had a net margin of 4.48% and a return on equity of 5.67%. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the previous year, the company earned $0.46 EPS. The company’s revenue for the quarter was up 35.6% on a year-over-year basis. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Research analysts anticipate that Datadog, Inc. will post 0.70 earnings per share for the current year.

Datadog Profile

Datadog, Inc is a technology company that provides a cloud-based monitoring and security platform for applications, infrastructure and other technology environments. Its platform helps organizations collect, analyze and visualize data from servers, databases, containers, cloud services, applications and user interactions in a unified environment.

Datadog’s products include infrastructure monitoring, application performance monitoring, log management, real user monitoring, synthetic monitoring, network performance monitoring, cloud security, software delivery tools and incident-management capabilities.