Faithward Advisors LLC Invests $1.82 Million in Datadog, Inc. $DDOG

Faithward Advisors LLC bought a new position in Datadog, Inc. (NASDAQ:DDOGFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,346 shares of the company’s stock, valued at approximately $1,815,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Nomura Asset Management Co. Ltd. lifted its stake in shares of Datadog by 8.0% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company’s stock worth $20,762,000 after buying an additional 11,348 shares in the last quarter. MUFG Securities EMEA plc lifted its position in Datadog by 115.6% during the fourth quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company’s stock valued at $1,814,000 after purchasing an additional 7,154 shares during the period. Norges Bank bought a new position in Datadog during the fourth quarter valued at approximately $469,461,000. Vanguard Group Inc. lifted its position in Datadog by 30.3% during the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after purchasing an additional 9,748,738 shares during the period. Finally, BNP Paribas lifted its position in Datadog by 18.4% during the fourth quarter. BNP Paribas now owns 41,280 shares of the company’s stock valued at $5,614,000 after purchasing an additional 6,403 shares during the period. Institutional investors own 78.29% of the company’s stock.

Insider Buying and Selling at Datadog

In other Datadog news, Director Dev Ittycheria sold 120,000 shares of the stock in a transaction 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. This trade represents a 75.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Olivier Pomel sold 127,141 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $199.84, for a total transaction of $25,407,857.44. Following the transaction, the chief executive officer owned 835,679 shares of the company’s stock, valued at $167,002,091.36. This trade represents a 13.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,221,989 shares of company stock valued at $247,443,046 over the last ninety days. Corporate insiders own 6.48% of the company’s stock.

Datadog Stock Performance

DDOG opened at $233.09 on Tuesday. The stock has a market capitalization of $82.97 billion, a price-to-earnings ratio of 613.41, a PEG ratio of 24.62 and a beta of 1.56. The company has a fifty day moving average of $180.54 and a 200 day moving average of $147.82. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40.

Datadog (NASDAQ:DDOGGet Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. Datadog’s quarterly revenue was up 32.1% on a year-over-year basis. During the same period last year, the company posted $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, sell-side analysts forecast that Datadog, Inc. will post 0.61 earnings per share for the current fiscal year.

Key Headlines Impacting Datadog

Here are the key news stories impacting Datadog this week:

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Jefferies Financial Group upgraded shares of Datadog from a “buy” rating to a “buy” rating in a research report on Monday. Royal Bank Of Canada restated an “outperform” rating and set a $250.00 price objective on shares of Datadog in a research report on Wednesday, June 10th. BTIG Research restated a “buy” rating and set a $255.00 price objective on shares of Datadog in a research report on Thursday, June 11th. Wedbush began coverage on shares of Datadog in a research report on Monday. They set a “neutral” rating on the stock. Finally, Citizens Jmp upgraded shares of Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 price target on the stock in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Datadog presently has an average rating of “Moderate Buy” and an average target price of $234.14.

Check Out Our Latest Stock Report on Datadog

Datadog Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Datadog (NASDAQ:DDOG)

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