State of New Jersey Common Pension Fund D Buys 4,076 Shares of Datadog, Inc. $DDOG

State of New Jersey Common Pension Fund D increased its stake in shares of Datadog, Inc. (NASDAQ:DDOG) by 4.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 104,697 shares of the company’s stock after acquiring an additional 4,076 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Datadog were worth $14,238,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of DDOG. Vanguard Group Inc. increased its holdings in Datadog by 30.3% in the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after buying an additional 9,748,738 shares during the period. State Street Corp increased its holdings in Datadog by 106.8% in the 3rd quarter. State Street Corp now owns 13,732,777 shares of the company’s stock valued at $1,955,547,000 after buying an additional 7,091,075 shares during the period. Invesco Ltd. increased its holdings in Datadog by 119.2% in the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after buying an additional 2,216,402 shares during the period. AQR Capital Management LLC increased its holdings in Datadog by 99.8% in the 2nd quarter. AQR Capital Management LLC now owns 1,847,722 shares of the company’s stock valued at $247,983,000 after buying an additional 923,038 shares during the period. Finally, Northern Trust Corp increased its holdings in Datadog by 45.0% in the 3rd quarter. Northern Trust Corp now owns 2,707,291 shares of the company’s stock valued at $385,518,000 after buying an additional 840,633 shares during the period. Institutional investors own 78.29% of the company’s stock.

Datadog Stock Up 6.3%

Shares of NASDAQ DDOG opened at $140.53 on Friday. The firm’s 50-day simple moving average is $121.30 and its 200 day simple moving average is $137.24. The company has a market cap of $49.55 billion, a price-to-earnings ratio of 453.32, a price-to-earnings-growth ratio of 47.85 and a beta of 1.30. The company has a quick ratio of 3.38, a current ratio of 3.38 and a debt-to-equity ratio of 0.26. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $201.69.

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

Insider Buying and Selling

In related news, CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $125.49, for a total transaction of $6,765,416.88. Following the transaction, the chief technology officer owned 437,257 shares in the company, valued at $54,871,380.93. This represents a 10.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CRO Sean Michael Walters sold 22,330 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $125.68, for a total transaction of $2,806,434.40. Following the transaction, the executive owned 238,384 shares in the company, valued at approximately $29,960,101.12. This trade represents a 8.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 594,639 shares of company stock worth $72,214,894 in the last 90 days. Corporate insiders own 6.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Canadian Imperial Bank of Commerce lowered their price target on shares of Datadog from $240.00 to $215.00 and set an “outperformer” rating on the stock in a report on Monday, April 20th. DA Davidson reissued a “buy” rating and issued a $225.00 price target on shares of Datadog in a report on Tuesday, February 17th. Cantor Fitzgerald lowered their price target on shares of Datadog from $220.00 to $150.00 and set an “overweight” rating on the stock in a report on Friday, February 6th. Evercore lowered their price target on shares of Datadog from $215.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd. Finally, Truist Financial lowered their target price on shares of Datadog from $195.00 to $140.00 and set a “hold” rating on the stock in a report on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average 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.