California Public Employees Retirement System Acquires 27,251 Shares of Datadog, Inc. $DDOG

California Public Employees Retirement System grew its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 5.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 532,440 shares of the company’s stock after buying an additional 27,251 shares during the quarter. California Public Employees Retirement System’s holdings in Datadog were worth $75,819,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in DDOG. Rothschild Investment LLC raised its position in 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 purchasing an additional 100 shares during the period. Physician Wealth Advisors Inc. boosted its holdings in shares of Datadog by 315.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after purchasing an additional 145 shares during the period. Westside Investment Management Inc. boosted its holdings in shares of 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 during the period. Tripletail Wealth Management LLC bought a new position in shares of Datadog during the 3rd quarter valued at approximately $28,000. Finally, Hazlett Burt & Watson Inc. bought a new position in shares of Datadog during the 3rd quarter valued at approximately $28,000. Institutional investors own 78.29% of the company’s stock.

Insider Buying and Selling

In other Datadog news, CEO Olivier Pomel sold 68,922 shares of the company’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 transaction, the chief executive officer directly owned 704,821 shares in the company, valued at $77,910,913.34. This represents a 8.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Alexis Le-Quoc sold 53,912 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $125.49, for a total transaction of $6,765,416.88. Following the transaction, the chief technology officer directly owned 437,257 shares in the company, valued at approximately $54,871,380.93. This trade represents a 10.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 388,864 shares of company stock worth $48,415,898 over the last 90 days. Corporate insiders own 6.67% of the company’s stock.

Analyst Ratings Changes

DDOG has been the subject of a number of analyst reports. Stifel Nicolaus set a $160.00 price target on Datadog and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Capital One Financial boosted their price objective on shares of Datadog from $156.00 to $157.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. UBS Group set a $195.00 target price on shares of Datadog in a report on Monday, February 9th. Robert W. Baird set a $180.00 price target on shares of Datadog in a research note on Wednesday, February 11th. Finally, Wall Street Zen downgraded shares of Datadog from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Thirty-six equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $179.62.

Datadog Stock Up 1.6%

NASDAQ:DDOG opened at $126.57 on Tuesday. Datadog, Inc. has a twelve month low of $81.63 and a twelve month high of $201.69. The company has a market cap of $44.63 billion, a price-to-earnings ratio of 408.29, a price-to-earnings-growth ratio of 34.23 and a beta of 1.31. The stock has a fifty day simple moving average of $122.93 and a 200-day simple moving average of $141.68. 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 (NASDAQ:DDOG) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. The firm had revenue of $953.19 million for the quarter, compared to analysts’ expectations of $916.53 million. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The business’s revenue for the quarter was up 29.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.49 earnings per share. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. Analysts anticipate that Datadog, Inc. will post 0.34 EPS for the current year.

Datadog Company 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.