State of New Jersey Common Pension Fund D Has $14.24 Million Holdings in Datadog, Inc. $DDOG

State of New Jersey Common Pension Fund D raised its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 4.1% during the fourth quarter, HoldingsChannel.com reports. 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 quarter.

A number of other large investors also recently added to or reduced their stakes in DDOG. PKO Investment Management Joint Stock Co bought a new position in Datadog in the 3rd quarter valued at about $1,709,000. Hartford Investment Management Co. bought a new position in Datadog in the 3rd quarter valued at about $2,689,000. IQ EQ FUND MANAGEMENT IRELAND Ltd raised its holdings in Datadog by 134.5% in the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 31,142 shares of the company’s stock valued at $4,435,000 after acquiring an additional 17,860 shares during the period. Vanguard Group Inc. raised 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 acquiring an additional 9,748,738 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Datadog by 37.9% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 109,233 shares of the company’s stock valued at $15,555,000 after acquiring an additional 30,008 shares during the period. 78.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on DDOG shares. BMO Capital Markets set a $165.00 price target on shares of Datadog in a report on Wednesday, February 11th. Guggenheim raised shares of Datadog from a “neutral” rating to a “buy” rating and set a $175.00 price target on the stock in a report on Thursday, April 9th. Capital One Financial lowered their price target on shares of Datadog from $157.00 to $135.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. Raymond James Financial lowered their price target on shares of Datadog from $205.00 to $170.00 and set an “outperform” rating on the stock in a report on Tuesday, February 10th. Finally, Bank of America lowered their target price on shares of Datadog from $215.00 to $170.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $177.03.

Datadog Stock Up 6.3%

Shares of DDOG opened at $140.53 on Friday. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $201.69. The firm’s 50 day moving average is $121.30 and its 200-day moving average is $137.24. The stock has a market capitalization of $49.55 billion, a PE ratio of 453.32, a P/E/G ratio of 47.85 and a beta of 1.30. 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 announced its earnings results on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, topping 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 company had revenue of $953.19 million for the quarter, compared to analysts’ expectations of $916.53 million. During the same period last year, the firm earned $0.49 earnings per share. The business’s revenue for the quarter 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. Equities research analysts forecast that Datadog, Inc. will post 0.32 EPS for the current year.

Insider Activity at Datadog

In related news, CRO Sean Michael Walters sold 22,330 shares of Datadog stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $125.68, for a total value of $2,806,434.40. Following the transaction, the executive directly owned 238,384 shares of the company’s stock, valued at $29,960,101.12. This trade represents a 8.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction that occurred on 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 completion of the transaction, the chief technology officer directly owned 437,257 shares in the company, valued at $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 have sold 594,639 shares of company stock valued at $72,214,894 over the last three months. 6.67% of the stock is owned by insiders.

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.