Oppenheimer Asset Management Inc. Acquires 4,288 Shares of Datadog, Inc. $DDOG

Oppenheimer Asset Management Inc. lifted its holdings in Datadog, Inc. (NASDAQ:DDOG) by 20.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 25,744 shares of the company’s stock after purchasing an additional 4,288 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Datadog were worth $3,501,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in shares of Datadog during the 4th quarter worth approximately $209,000. Bison Wealth LLC acquired a new stake in shares of Datadog during the 4th quarter worth approximately $228,000. Empowered Funds LLC grew its position in shares of Datadog by 7.0% during the 1st quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock worth $1,023,000 after buying an additional 672 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Datadog by 17.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock worth $76,000 after buying an additional 115 shares during the period. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Datadog during the 2nd quarter worth approximately $509,000. 78.29% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO Olivier Pomel sold 42,443 shares of the stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $111.14, for a total transaction of $4,717,115.02. Following the completion of the sale, the chief executive officer directly owned 835,679 shares of the company’s stock, valued at approximately $92,877,364.06. This represents a 4.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Alexis Le-Quoc sold 43,224 shares of the stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $130.84, for a total value of $5,655,428.16. Following the sale, the chief technology officer directly owned 531,311 shares of the company’s stock, valued at approximately $69,516,731.24. The trade was a 7.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 594,639 shares of company stock valued at $72,214,894 in the last ninety days. 6.67% of the stock is owned by insiders.

Datadog Stock Performance

Shares of DDOG stock opened at $140.53 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.38 and a quick ratio of 3.38. The stock has a market cap of $49.55 billion, a PE ratio of 453.32, a price-to-earnings-growth ratio of 50.87 and a beta of 1.30. The stock has a 50-day moving average of $121.30 and a 200-day moving average of $136.88. Datadog, Inc. has a one year low of $98.01 and a one year high of $201.69.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. The company had revenue of $953.19 million during the quarter, compared to analysts’ expectations of $916.53 million. Datadog had a return on equity of 4.14% and a net margin of 3.14%.Datadog’s revenue was up 29.2% on a year-over-year basis. During the same period in the prior year, the business posted $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. As a group, sell-side analysts expect that Datadog, Inc. will post 0.32 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Sanford C. Bernstein lowered their price target on shares of Datadog from $180.00 to $167.00 and set an “outperform” rating for the company in a research report on Wednesday, April 22nd. Wall Street Zen cut shares of Datadog from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Jefferies Financial Group lowered their price target on shares of Datadog from $180.00 to $160.00 and set a “buy” rating for the company in a research report on Friday, February 6th. DA Davidson reiterated a “buy” rating and set a $225.00 price target on shares of Datadog in a research report on Tuesday, February 17th. Finally, BMO Capital Markets set a $165.00 price target on shares of Datadog in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $177.03.

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.