Compound Planning Inc. Cuts Stock Position in Datadog, Inc. $DDOG

Compound Planning Inc. cut its holdings in shares of Datadog, Inc. (NASDAQ:DDOG) by 31.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,992 shares of the company’s stock after selling 2,724 shares during the period. Compound Planning Inc.’s holdings in Datadog were worth $707,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DDOG. Price T Rowe Associates Inc. MD increased its stake in Datadog by 7.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock valued at $1,961,496,000 after purchasing an additional 956,993 shares in the last quarter. State Street Corp lifted its stake in shares of Datadog by 106.8% during the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock worth $1,955,547,000 after buying an additional 7,091,075 shares during the period. Geode Capital Management LLC grew its holdings in shares of Datadog by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock valued at $1,227,184,000 after buying an additional 197,816 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of Datadog by 43.7% during the fourth quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock valued at $1,036,787,000 after buying an additional 2,316,994 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of Datadog by 119.2% in the 3rd quarter. Invesco Ltd. now owns 4,075,721 shares of the company’s stock valued at $580,383,000 after acquiring an additional 2,216,402 shares during the period. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Insider Buying and Selling

In related news, Director Dev Ittycheria sold 120,000 shares of Datadog stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $248.78, for a total value of $29,853,600.00. Following the completion of the transaction, the director owned 39,235 shares in the company, valued at $9,760,883.30. The trade was a 75.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Alexis Le-Quoc sold 53,912 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $271.05, for a total value of $14,612,847.60. Following the transaction, the chief technology officer directly owned 531,311 shares of the company’s stock, valued at approximately $144,011,846.55. This represents a 9.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,376,309 shares of company stock worth $315,082,602 over the last 90 days. 6.48% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Citizens Jmp increased their price objective on Datadog from $225.00 to $311.00 and gave the company a “market outperform” rating in a report on Monday, July 20th. Oppenheimer lifted their target price on Datadog from $220.00 to $300.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. TD Cowen upped their target price on Datadog from $260.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Evercore increased their price target on shares of Datadog from $225.00 to $265.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Finally, New Street Research set a $260.00 price objective on shares of Datadog in a research note on Thursday, June 11th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $261.68.

Datadog Stock Performance

NASDAQ DDOG opened at $251.86 on Tuesday. Datadog, Inc. has a fifty-two week low of $98.01 and a fifty-two week high of $278.70. The firm has a market capitalization of $89.65 billion, a P/E ratio of 662.81, a price-to-earnings-growth ratio of 25.10 and a beta of 1.54. The stock’s fifty day moving average is $242.26 and its two-hundred day moving average is $169.61. 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 (NASDAQ:DDOG) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.09. The business 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 business’s revenue for the quarter was up 32.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.46 EPS. 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 anticipate that Datadog, Inc. will post 0.64 earnings per share for the current 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.