SEB Asset Management AB Buys Shares of 73,746 Datadog, Inc. $DDOG

SEB Asset Management AB bought a new stake in Datadog, Inc. (NASDAQ:DDOG) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 73,746 shares of the company’s stock, valued at approximately $8,706,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Elevation Point Wealth Partners LLC raised its position in Datadog by 3.3% during the third quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock valued at $242,000 after buying an additional 55 shares during the period. Chicago Partners Investment Group LLC boosted its position in Datadog by 1.6% during the 4th quarter. Chicago Partners Investment Group LLC now owns 4,778 shares of the company’s stock worth $622,000 after acquiring an additional 73 shares during the period. Vivaldi Capital Management LP boosted its position in Datadog by 2.8% during the 3rd quarter. Vivaldi Capital Management LP now owns 2,689 shares of the company’s stock worth $383,000 after acquiring an additional 74 shares during the period. Farther Finance Advisors LLC grew its stake in Datadog by 2.0% during the 4th quarter. Farther Finance Advisors LLC now owns 3,892 shares of the company’s stock valued at $529,000 after acquiring an additional 78 shares in the last quarter. Finally, Roberts Wealth Advisors LLC grew its stake in Datadog by 0.6% during the 4th quarter. Roberts Wealth Advisors LLC now owns 14,041 shares of the company’s stock valued at $1,909,000 after acquiring an additional 81 shares in the last quarter. Institutional investors and hedge funds own 78.29% of the company’s stock.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Multiple analysts raised their price targets on Datadog, including Citizens JMP to $311, Wells Fargo to $295, and Oppenheimer to $300, all while maintaining bullish ratings. Read More
• Positive Sentiment: JMP Securities said infrastructure software remains in a stronger position than application software and called Datadog a top performer in its coverage, reinforcing optimism around the company’s cloud monitoring business. Article Title
• Neutral Sentiment: Datadog has surged sharply year to date, which has led some analysts to say the stock may have less room to run and could be vulnerable if upcoming results disappoint. Article Title
• Neutral Sentiment: Morgan Stanley said sentiment across software stocks has become too negative, suggesting some names could rebound, but the call was broad-based rather than specific to Datadog. Article Title
• Negative Sentiment: Investors are also digesting a headline noting that DDOG stock fell in the latest session, reflecting some profit-taking after its recent rally. Article Title

Datadog Trading Down 3.2%

NASDAQ:DDOG opened at $254.79 on Wednesday. The company has a market capitalization of $90.70 billion, a P/E ratio of 670.52, a P/E/G ratio of 26.76 and a beta of 1.54. The stock’s 50 day moving average price is $238.98 and its 200 day moving average price is $166.45. 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, Inc. has a 52 week low of $98.01 and a 52 week high of $278.70.

Datadog (NASDAQ:DDOG) last posted its earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The firm 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%. The company’s revenue was up 32.1% compared to the same quarter last year. During the same period in the previous year, the company earned $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. On average, research analysts forecast that Datadog, Inc. will post 0.64 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $257.24, for a total value of $13,868,322.88. Following the completion of the sale, the chief technology officer owned 509,805 shares of the company’s stock, valued at approximately $131,142,238.20. The trade was a 9.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Amit Agarwal sold 20,000 shares of the company’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $267.41, for a total transaction of $5,348,200.00. Following the completion of the sale, the director owned 1,640 shares of the company’s stock, valued at $438,552.40. This represents a 92.42% 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. Insiders have sold 1,396,309 shares of company stock worth $317,712,002 in the last 90 days. 6.48% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on DDOG. Jefferies Financial Group restated a “hold” rating and set a $280.00 price target (up from $210.00) on shares of Datadog in a report on Tuesday. Zacks Research upgraded shares of Datadog from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. CICC Research lifted their target price on shares of Datadog from $150.00 to $204.00 in a research note on Monday, May 11th. Citizens Jmp boosted their price target on shares of Datadog from $225.00 to $311.00 and gave the company a “market outperform” rating in a report on Monday. Finally, Rosenblatt Securities upped their price target on shares of Datadog from $178.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Datadog has an average rating of “Moderate Buy” and an average target price of $259.07.

Datadog 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.