Truist Financial Corp Has $5.46 Million Position in Datadog, Inc. $DDOG

Truist Financial Corp lessened its position in shares of Datadog, Inc. (NASDAQ:DDOG) by 13.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 40,165 shares of the company’s stock after selling 6,153 shares during the quarter. Truist Financial Corp’s holdings in Datadog were worth $5,462,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Benjamin Edwards Inc. grew its position in shares of Datadog by 30.3% during the 4th quarter. Benjamin Edwards Inc. now owns 3,591 shares of the company’s stock worth $488,000 after buying an additional 836 shares during the period. Strs Ohio grew its position in shares of Datadog by 1.4% during the 4th quarter. Strs Ohio now owns 7,477 shares of the company’s stock worth $1,017,000 after buying an additional 100 shares during the period. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of Datadog during the 4th quarter worth approximately $22,841,000. Danske Bank A S grew its position in shares of Datadog by 18.5% during the 4th quarter. Danske Bank A S now owns 168,671 shares of the company’s stock worth $22,938,000 after buying an additional 26,300 shares during the period. Finally, Oppenheimer & Co. Inc. grew its position in shares of Datadog by 8.7% during the 4th quarter. Oppenheimer & Co. Inc. now owns 15,844 shares of the company’s stock worth $2,155,000 after buying an additional 1,266 shares during the period. Institutional investors and hedge funds own 78.29% of the company’s stock.

Key Headlines Impacting Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog delivered a beat-and-raise quarter, with Q1 revenue of about $1.01 billion and EPS of $0.60 both ahead of estimates, while management lifted FY 2026 and Q2 guidance well above consensus. Datadog Q1 2026 Financial Results
• Positive Sentiment: Several major Wall Street firms raised price targets after the results, including Citigroup, RBC, Piper Sandler, Wedbush, TD Cowen, Morgan Stanley, Mizuho, and others, reinforcing the bullish case and supporting the stock’s rally. Analyst price target hikes
• Positive Sentiment: Management highlighted strong demand across AI-native and non-AI customers, plus growth in larger customers and new product launches, which suggests the growth story is broadening beyond one-time earnings strength. RBC commentary on Datadog
• Neutral Sentiment: Heavy call-option buying and elevated trading volume indicate strong short-term momentum, but some of the move may be trader-driven and could increase volatility. Options activity report
• Negative Sentiment: Several insiders, including the CTO, general counsel, and a director, sold shares in pre-arranged 10b5-1 transactions, which may temper enthusiasm for some investors even though the sales were scheduled in advance. SEC filing for insider sale

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. UBS Group increased their target price on Datadog from $195.00 to $220.00 and gave the stock a “buy” rating in a report on Friday. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $250.00 target price on shares of Datadog in a report on Friday. Needham & Company LLC increased their target price on Datadog from $155.00 to $225.00 and gave the stock a “buy” rating in a report on Friday. DA Davidson reiterated a “buy” rating and issued a $225.00 target price on shares of Datadog in a report on Monday, May 4th. Finally, Piper Sandler increased their target price on Datadog from $195.00 to $230.00 in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $211.76.

Insider Buying and Selling at Datadog

In other news, CEO Olivier Pomel sold 68,922 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $110.54, for a total transaction of $7,618,637.88. Following the completion of the sale, the chief executive officer directly owned 704,821 shares of the company’s stock, valued at $77,910,913.34. This trade represents a 8.91% decrease in their position. The sale was disclosed in a document filed 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 stock was sold at an average price of $125.49, for a total value of $6,765,416.88. Following the completion of the sale, the chief technology officer directly owned 437,257 shares of the company’s stock, valued at approximately $54,871,380.93. This trade represents a 10.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 654,018 shares of company stock worth $80,903,197. Company insiders own 6.48% of the company’s stock.

Datadog Price Performance

Shares of NASDAQ:DDOG opened at $200.16 on Monday. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 0.25. The stock’s fifty day simple moving average is $124.41 and its two-hundred day simple moving average is $136.98. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $201.69. The stock has a market cap of $70.57 billion, a PE ratio of 526.75, a price-to-earnings-growth ratio of 72.45 and a beta of 1.30.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $960.12 million. During the same period last year, the business earned $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, analysts forecast that Datadog, Inc. will post 0.32 EPS for the current fiscal year.

About Datadog

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.