Congress Asset Management Co. Has $44.86 Million Position in Datadog, Inc. $DDOG

Congress Asset Management Co. lessened its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 17.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 329,862 shares of the company’s stock after selling 67,904 shares during the period. Congress Asset Management Co. owned 0.09% of Datadog worth $44,858,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in DDOG. Elevation Point Wealth Partners LLC grew its holdings in Datadog by 3.3% during the 3rd quarter. Elevation Point Wealth Partners LLC now owns 1,697 shares of the company’s stock worth $242,000 after acquiring an additional 55 shares during the last quarter. Vivaldi Capital Management LP raised its stake in shares of Datadog by 2.8% in the third 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 last quarter. Westside Investment Management Inc. lifted its position in shares of 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 purchasing an additional 75 shares in the last quarter. Nilsine Partners LLC lifted its position in shares of Datadog by 2.4% during the third quarter. Nilsine Partners LLC now owns 3,396 shares of the company’s stock worth $484,000 after purchasing an additional 78 shares in the last quarter. Finally, PDS Planning Inc grew its stake in shares of Datadog by 4.2% during the third quarter. PDS Planning Inc now owns 1,975 shares of the company’s stock valued at $281,000 after purchasing an additional 80 shares during the last quarter. 78.29% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, 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 completion of the transaction, the director directly owned 1,640 shares in the company, valued at approximately $207,837.20. The trade was a 92.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Olivier Pomel sold 68,922 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 704,821 shares of the company’s stock, valued at approximately $77,910,913.34. This trade represents a 8.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 440,112 shares of company stock worth $54,788,144. Corporate insiders own 6.67% of the company’s stock.

Datadog Price Performance

DDOG opened at $129.23 on Tuesday. The company has a fifty day moving average price of $122.59 and a two-hundred day moving average price of $141.49. The firm has a market capitalization of $45.56 billion, a PE ratio of 416.87, a P/E/G ratio of 34.38 and a beta of 1.31. 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.

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. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The company had revenue of $953.19 million for the quarter, compared to the consensus estimate of $916.53 million. During the same quarter in the prior year, the business posted $0.49 EPS. The firm’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. As a group, analysts anticipate that Datadog, Inc. will post 0.34 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DDOG. Capital One Financial boosted their price objective on shares of Datadog from $156.00 to $157.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Scotiabank decreased their price objective on Datadog from $180.00 to $160.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, February 11th. KeyCorp lowered their target price on Datadog from $170.00 to $155.00 and set an “overweight” rating for the company in a research note on Wednesday, February 4th. Truist Financial dropped their target price on Datadog from $195.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday, January 7th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Datadog in a report on Wednesday, January 21st. Thirty-six equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $179.62.

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.