TD Asset Management Inc Grows Holdings in Datadog, Inc. $DDOG

TD Asset Management Inc grew its stake in Datadog, Inc. (NASDAQ:DDOG) by 68.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 249,202 shares of the company’s stock after acquiring an additional 101,666 shares during the period. TD Asset Management Inc’s holdings in Datadog were worth $33,889,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Sivia Capital Partners LLC raised its stake in shares of Datadog by 3.8% in the 4th quarter. Sivia Capital Partners LLC now owns 3,940 shares of the company’s stock valued at $536,000 after acquiring an additional 143 shares during the period. Lido Advisors LLC raised its stake in shares of Datadog by 19.1% in the 4th quarter. Lido Advisors LLC now owns 12,530 shares of the company’s stock valued at $1,756,000 after acquiring an additional 2,006 shares during the period. Avestar Capital LLC purchased a new stake in shares of Datadog in the 4th quarter valued at approximately $305,000. CIBC Asset Management Inc raised its stake in shares of Datadog by 11.7% in the 4th quarter. CIBC Asset Management Inc now owns 199,738 shares of the company’s stock valued at $27,162,000 after acquiring an additional 20,938 shares during the period. Finally, Westpac Banking Corp raised its stake in shares of Datadog by 33.9% in the 4th quarter. Westpac Banking Corp now owns 23,975 shares of the company’s stock valued at $3,260,000 after acquiring an additional 6,069 shares during the period. 78.29% of the stock is owned by hedge funds and other institutional investors.

Datadog Price Performance

Shares of DDOG opened at $234.11 on Friday. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The firm’s 50 day moving average price is $167.10 and its 200 day moving average price is $145.28. The company has a market cap of $83.33 billion, a P/E ratio of 616.10, a PEG ratio of 25.07 and a beta of 1.56. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 0.25.

Datadog (NASDAQ:DDOG) last announced its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. During the same period in the prior year, the firm earned $0.46 EPS. The firm’s revenue for the quarter 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. On average, research analysts forecast that Datadog, Inc. will post 0.61 earnings per share for the current fiscal year.

Insider Activity

In other Datadog news, Director Dev Ittycheria sold 120,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $248.78, for a total transaction of $29,853,600.00. Following the completion of the transaction, the director owned 39,235 shares in the company, valued at $9,760,883.30. The trade was a 75.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Matthew Jacobson sold 52,832 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $189.28, for a total transaction of $10,000,040.96. Following the transaction, the director owned 622,726 shares of the company’s stock, valued at $117,869,577.28. This trade represents a 7.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,161,526 shares of company stock worth $216,578,007. Insiders own 6.48% of the company’s stock.

Wall Street Analyst Weigh In

DDOG has been the topic of a number of research analyst reports. CICC Research boosted their price target on shares of Datadog from $150.00 to $204.00 in a research note on Monday, May 11th. TD Cowen boosted their price target on shares of Datadog from $190.00 to $235.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Scotiabank upped their target price on shares of Datadog from $160.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. BMO Capital Markets upped their target price on shares of Datadog from $165.00 to $220.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, Cantor Fitzgerald upped their target price on shares of Datadog from $171.00 to $226.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Datadog presently has an average rating of “Moderate Buy” and an average target price of $219.69.

Trending Headlines about Datadog

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog’s recent earnings and outlook remain solid, with Q1 revenue rising 32.1% year over year, EPS beating estimates, and management guiding for continued growth. Analyst coverage is still broadly constructive, and several firms have recently raised price targets.
• Positive Sentiment: Recent commentary has framed Datadog as a beneficiary of renewed interest in AI-related software, which may be helping support longer-term investor sentiment. Software sector rebound report
• Neutral Sentiment: Datadog also presented at the Bank of America 2026 Global Technology Conference, but the headline does not indicate a major new catalyst. Bank of America conference transcript
• Negative Sentiment: Multiple Datadog insiders sold shares in recent filings, including CTO Alexis Le-Quoc, CEO Olivier Pomel, COO Adam Blitzer, CFO David M. Obstler, CRO Sean Michael Walters, and General Counsel Kerry Acocella. Most sales were tied to 10b5-1 plans or tax withholding on equity vesting, but the broad cluster of insider selling can still weigh on sentiment. SEC insider filing
• Negative Sentiment: A separate report said insiders sold about $90 million of Datadog shares over the past year, reinforcing concerns that management may see limited near-term upside after the stock’s strong run. Datadog insiders sold US$90m of shares suggesting hesitancy

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.