Datadog, Inc. $DDOG Stock Position Lowered by Comerica Bank

Comerica Bank lessened its position in Datadog, Inc. (NASDAQ:DDOG) by 10.7% in the 4th quarter, Holdings Channel reports. The fund owned 48,460 shares of the company’s stock after selling 5,815 shares during the period. Comerica Bank’s holdings in Datadog were worth $6,590,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Rothschild Investment LLC lifted its position in shares of Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after acquiring an additional 100 shares in the last quarter. Physician Wealth Advisors Inc. lifted its position in shares of Datadog by 315.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after acquiring an additional 145 shares in the last quarter. Westside Investment Management Inc. lifted its position in shares of Datadog by 74.3% in the 3rd quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after acquiring an additional 75 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in shares of Datadog in the 3rd quarter valued at approximately $27,000. Finally, Hazlett Burt & Watson Inc. purchased a new stake in shares of Datadog in the 3rd quarter valued at approximately $28,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Datadog Stock Performance

Shares of DDOG opened at $132.19 on Friday. The company’s fifty day moving average is $121.30 and its 200-day moving average is $137.24. Datadog, Inc. has a 12 month low of $98.01 and a 12 month high of $201.69. The firm has a market cap of $46.61 billion, a price-to-earnings ratio of 426.42, a price-to-earnings-growth ratio of 48.49 and a beta of 1.29. The company has a quick ratio of 3.38, a current ratio of 3.38 and a debt-to-equity ratio of 0.26.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.55 by $0.04. Datadog had a net margin of 3.14% and a return on equity of 4.14%. The company had revenue of $953.19 million for the quarter, compared to analyst estimates of $916.53 million. During the same quarter in the prior year, the business posted $0.49 EPS. Datadog’s quarterly revenue was up 29.2% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. Equities analysts expect that Datadog, Inc. will post 0.32 EPS for the current fiscal year.

Insider Activity at Datadog

In related news, CEO Olivier Pomel sold 68,922 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $110.54, for a total value of $7,618,637.88. Following the transaction, the chief executive officer directly owned 704,821 shares in the company, valued at approximately $77,910,913.34. This trade represents a 8.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CRO Sean Michael Walters sold 22,330 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $125.68, for a total transaction of $2,806,434.40. Following the completion of the transaction, the executive owned 238,384 shares in the company, valued at $29,960,101.12. The trade was a 8.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 594,639 shares of company stock worth $72,214,894. 6.67% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

DDOG has been the topic of several research reports. KeyCorp dropped their price objective on shares of Datadog from $170.00 to $155.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Sanford C. Bernstein dropped their price objective on shares of Datadog from $180.00 to $167.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 22nd. Bank of America dropped their price objective on shares of Datadog from $215.00 to $170.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Daiwa Securities Group initiated coverage on shares of Datadog in a research note on Tuesday, January 27th. They issued a “buy” rating and a $190.00 price objective on the stock. Finally, UBS Group set a $195.00 price objective on shares of Datadog in a research note on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Datadog currently has an average rating of “Moderate Buy” and an average target price of $177.20.

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.