Assenagon Asset Management S.A. Acquires 474,370 Shares of Datadog, Inc. $DDOG

Assenagon Asset Management S.A. boosted its holdings in Datadog, Inc. (NASDAQ:DDOG) by 77.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,087,644 shares of the company’s stock after buying an additional 474,370 shares during the period. Assenagon Asset Management S.A. owned approximately 0.31% of Datadog worth $147,909,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Rothschild Investment LLC grew its stake in shares of Datadog by 126.6% during the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after purchasing an additional 100 shares during the period. Physician Wealth Advisors Inc. lifted its stake in Datadog by 315.2% in the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after buying an additional 145 shares during the period. Westside Investment Management Inc. boosted its holdings in Datadog by 74.3% during the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock worth $27,000 after buying an additional 75 shares during the last quarter. JPL Wealth Management LLC acquired a new position in shares of Datadog during the 3rd quarter worth about $27,000. Finally, Tripletail Wealth Management LLC bought a new stake in shares of Datadog in the 3rd quarter valued at about $28,000. Institutional investors and hedge funds own 78.29% of the company’s stock.

Insider Activity

In other news, CTO Alexis Le-Quoc sold 53,912 shares of Datadog stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $125.49, for a total value of $6,765,416.88. Following the completion of the transaction, the chief technology officer owned 437,257 shares of the company’s stock, valued at $54,871,380.93. This trade represents a 10.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Amit Agarwal sold 20,000 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $126.73, for a total transaction of $2,534,600.00. Following the transaction, the director owned 1,640 shares in the company, valued at $207,837.20. This represents a 92.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 440,112 shares of company stock valued at $54,788,144. 6.67% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Cantor Fitzgerald reduced their price objective on shares of Datadog from $220.00 to $150.00 and set an “overweight” rating on the stock in a research note on Friday, February 6th. KeyCorp decreased their price target on shares of Datadog from $170.00 to $155.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. Needham & Company LLC dropped their price objective on Datadog from $220.00 to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, February 10th. Canaccord Genuity Group reaffirmed a “buy” rating on shares of Datadog in a research note on Wednesday, February 11th. Finally, Scotiabank lowered their price objective on shares of Datadog from $180.00 to $160.00 and set a “sector outperform” rating for the company in a research report on Wednesday, February 11th. Thirty-six 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $179.62.

Datadog Stock Performance

DDOG opened at $129.23 on Tuesday. The business’s 50-day simple moving average is $122.59 and its 200 day simple moving average is $141.49. Datadog, Inc. has a 52-week low of $81.63 and a 52-week high of $201.69. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.38 and a current ratio of 3.38. The firm has a market capitalization of $45.56 billion, a PE ratio of 416.87, a PEG ratio of 34.38 and a beta of 1.31.

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

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.