Datadog, Inc. $DDOG Stock Position Raised by University of Texas Texas AM Investment Management Co.

University of Texas Texas AM Investment Management Co. grew its position in Datadog, Inc. (NASDAQ:DDOG) by 1,203.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,352 shares of the company’s stock after purchasing an additional 4,018 shares during the quarter. University of Texas Texas AM Investment Management Co.’s holdings in Datadog were worth $1,192,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in DDOG. Janus Henderson Group PLC boosted its stake in Datadog by 22.8% in the 1st quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock valued at $905,570,000 after purchasing an additional 1,439,082 shares during the period. First Trust Advisors LP grew its holdings in Datadog by 81.5% in the 1st quarter. First Trust Advisors LP now owns 3,685,562 shares of the company’s stock valued at $435,081,000 after buying an additional 1,654,429 shares in the last quarter. Bank of New York Mellon Corp increased its position in Datadog by 30.3% during the 1st quarter. Bank of New York Mellon Corp now owns 2,645,827 shares of the company’s stock worth $312,340,000 after buying an additional 615,090 shares during the period. Assenagon Asset Management S.A. increased its position in Datadog by 197.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 2,443,008 shares of the company’s stock worth $669,018,000 after buying an additional 1,622,904 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its position in Datadog by 162.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,571,018 shares of the company’s stock worth $185,459,000 after buying an additional 971,910 shares during the period. Institutional investors own 78.29% of the company’s stock.

Insider Activity

In other Datadog news, CFO David Obstler sold 10,000 shares of the stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $241.25, for a total transaction of $2,412,500.00. Following the sale, the chief financial officer directly owned 368,067 shares in the company, valued at $88,796,163.75. This represents a 2.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Sean Walters sold 11,710 shares of the firm’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $221.04, for a total transaction of $2,588,378.40. Following the completion of the transaction, the executive directly owned 233,135 shares in the company, valued at approximately $51,532,160.40. This represents a 4.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 691,381 shares of company stock valued at $161,877,404. Company insiders own 6.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on DDOG shares. Jefferies Financial Group reissued a “hold” rating and issued a $230.00 target price on shares of Datadog in a research report on Wednesday. Mizuho raised their price target on shares of Datadog from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, October 15th. The Goldman Sachs Group reiterated a “sell” rating and issued a $158.00 price objective on shares of Datadog in a research note on Friday, August 7th. Cantor Fitzgerald cut their price objective on shares of Datadog from $327.00 to $260.00 and set an “overweight” rating for the company in a report on Thursday. Finally, BMO Capital Markets set a $300.00 price objective on shares of Datadog in a report on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $278.43.

Datadog Stock Performance

NASDAQ:DDOG opened at $179.04 on Monday. The stock has a fifty day moving average price of $247.75 and a 200-day moving average price of $200.01. The company has a market cap of $64.29 billion, a price-to-earnings ratio of 252.17, a PEG ratio of 12.29 and a beta of 1.50. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.51 and a current ratio of 3.51. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $300.68.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Wednesday, November 4th. The company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.17. Datadog had a return on equity of 7.28% and a net margin of 6.12%. The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter last year, the business earned $0.55 earnings per share. Datadog’s revenue was up 35.2% on a year-over-year basis. As a group, equities analysts anticipate that Datadog, Inc. will post 0.72 EPS for the current fiscal year.

More Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog beat Q3 estimates, reporting $1.20 billion in revenue, up 35.2% year over year, and adjusted EPS of $0.81 versus a $0.64 consensus. Infrastructure Monitoring annual recurring revenue also topped $2 billion, with broad-based platform use and AI adoption supporting demand. Article: Datadog’s Infrastructure Monitoring Tops $2B ARR in Q3, Revenues Beat
• Neutral Sentiment: Some analysts still see upside: several firms retained Buy or Overweight ratings even while trimming price targets. One valuation analysis also argues the share price may be supportable by future cash generation, though that depends on expectations for growth and AI demand. Article: Datadog Stock Could Still Be Undervalued As AI Hopes Swing
• Negative Sentiment: Investors remain wary of the outlook: Q4 guidance and customer-related factors signal a potential slowdown from Q3’s growth, while AI-customer discounts and lower-priced renewals may temper revenue growth. The forecast also relies on a minimum commitment from Datadog’s largest customer, adding uncertainty. Article: DDOG Q3 Earnings Call Highlights AI Growth and Customer Renewals
• Negative Sentiment: Multiple firms cut their price targets after the results—including Rosenblatt, TD Cowen, Wells Fargo, Citigroup and Wedbush. Though ratings remained favorable in several reports, the reductions suggest analysts are tempering near-term expectations. Article: Rosenblatt Lowers Datadog Price Target Article: Wedbush Sets New Datadog Price Target

About Datadog

Datadog, Inc provides a cloud-based monitoring and security platform that helps organizations observe and manage their technology environments. Its tools collect and analyze data from applications, infrastructure, networks, and other systems to help teams detect issues and improve performance.

The company’s products include infrastructure monitoring, application performance monitoring, log management, digital experience monitoring, database and network monitoring, and security tools. Datadog also offers capabilities for incident management and cloud security.

Founded in 2010 by Olivier Pomel and Alexis Lê-Quôc, Datadog serves customers around the world.