Swiss National Bank lessened its holdings in Datadog, Inc. (NASDAQ:DDOG – Free Report) by 4.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 828,800 shares of the company’s stock after selling 40,900 shares during the quarter. Swiss National Bank’s holdings in Datadog were worth $118,021,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Westside Investment Management Inc. boosted its stake in Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after purchasing an additional 75 shares in the last quarter. Rothschild Investment LLC grew its holdings in shares of Datadog by 126.6% during the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after buying an additional 100 shares during the last quarter. Tripletail Wealth Management LLC purchased a new stake in shares of Datadog during the third quarter valued at $28,000. Physician Wealth Advisors Inc. increased its position in shares of Datadog by 315.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after acquiring an additional 145 shares during the period. Finally, Hazlett Burt & Watson Inc. acquired a new position in shares of Datadog in the 3rd quarter valued at $28,000. Institutional investors and hedge funds own 78.29% of the company’s stock.
Insiders Place Their Bets
In other news, Director Shardul Shah sold 7,916 shares of the stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $124.89, for a total transaction of $988,629.24. Following the sale, the director directly owned 340,701 shares of the company’s stock, valued at $42,550,147.89. This represents a 2.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Olivier Pomel sold 68,922 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $110.54, for a total value of $7,618,637.88. Following the sale, the chief executive officer owned 704,821 shares in the company, valued at $77,910,913.34. This trade represents a 8.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 292,622 shares of company stock worth $36,347,847. Company insiders own 6.67% of the company’s stock.
Analyst Ratings Changes
Get Our Latest Analysis on Datadog
Datadog Trading Down 4.3%
Shares of NASDAQ:DDOG opened at $123.08 on Wednesday. The company has a current ratio of 3.38, a quick ratio of 3.38 and a debt-to-equity ratio of 0.26. Datadog, Inc. has a 12-month low of $81.63 and a 12-month high of $201.69. The business has a 50 day moving average of $123.60 and a two-hundred day moving average of $141.84. The company has a market capitalization of $43.40 billion, a PE ratio of 397.03, a PEG ratio of 35.34 and a beta of 1.31.
Datadog (NASDAQ:DDOG – Get Free Report) last posted its earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The firm had revenue of $953.19 million during the quarter, compared to analyst estimates of $916.53 million. During the same period in the previous year, the firm earned $0.49 EPS. The business’s quarterly revenue was up 29.2% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. As a group, analysts forecast that Datadog, Inc. will post 0.34 EPS for the current year.
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.
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