Datadog, Inc. $DDOG Shares Bought by Zions Bancorporation National Association UT

Zions Bancorporation National Association UT grew its holdings in Datadog, Inc. (NASDAQ:DDOG) by 193,700.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,690 shares of the company’s stock after acquiring an additional 9,685 shares during the period. Zions Bancorporation National Association UT’s holdings in Datadog were worth $1,380,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DDOG. Vanguard Group Inc. increased its holdings in Datadog by 30.3% during the 3rd quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock worth $5,966,877,000 after purchasing an additional 9,748,738 shares during the period. Brown Advisory Inc. boosted its stake in shares of Datadog by 23.3% in the 2nd quarter. Brown Advisory Inc. now owns 5,983,687 shares of the company’s stock valued at $803,793,000 after buying an additional 1,130,675 shares during the period. Geode Capital Management LLC grew its position in shares of Datadog by 4.3% during the second quarter. Geode Capital Management LLC now owns 5,827,784 shares of the company’s stock worth $780,727,000 after buying an additional 242,273 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Datadog by 0.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,289,570 shares of the company’s stock worth $610,835,000 after buying an additional 40,276 shares during the period. Finally, Norges Bank purchased a new stake in shares of Datadog during the second quarter worth approximately $347,728,000. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Datadog

In other news, CFO David M. Obstler sold 12,513 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $158.60, for a total transaction of $1,984,561.80. Following the sale, the chief financial officer owned 374,138 shares in the company, valued at $59,338,286.80. This trade represents a 3.24% 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 32,923 shares of the company’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $154.63, for a total value of $5,090,883.49. Following the completion of the transaction, the chief executive officer owned 518,133 shares of the company’s stock, valued at $80,118,905.79. The trade was a 5.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 380,515 shares of company stock worth $55,760,478. Corporate insiders own 8.70% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on DDOG shares. Truist Financial lowered their price target on shares of Datadog from $195.00 to $140.00 and set a “hold” rating for the company in a report on Wednesday, January 7th. Wall Street Zen lowered Datadog from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Rosenblatt Securities restated a “buy” rating and set a $185.00 target price on shares of Datadog in a research note on Wednesday, February 11th. TD Cowen reiterated a “buy” rating on shares of Datadog in a research note on Wednesday, January 21st. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Datadog in a research note on Wednesday, January 21st. Thirty-seven investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Datadog presently has a consensus rating of “Moderate Buy” and an average target price of $179.50.

Datadog Stock Performance

NASDAQ:DDOG opened at $125.20 on Tuesday. The company has a current ratio of 3.38, a quick ratio of 3.66 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $43.90 billion, a P/E ratio of 403.87, a price-to-earnings-growth ratio of 34.26 and a beta of 1.27. The firm has a 50-day moving average price of $131.65 and a two-hundred day moving average price of $143.45. Datadog, Inc. has a twelve month low of $81.63 and a twelve month high of $201.69.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.04. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The company had revenue of $953.19 million during the quarter, compared to the consensus estimate of $916.53 million. During the same quarter last year, the business posted $0.49 earnings per share. Datadog’s revenue was up 29.2% compared to the same quarter last year. 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, research analysts expect that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

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.