Sumitomo Mitsui Trust Group Inc. Sells 2,573 Shares of Datadog, Inc. $DDOG

11 Jul 2026, 12:39 by Amy Steele · The Cerbat Gem

Sumitomo Mitsui Trust Group Inc. cut its stake in shares of Datadog, Inc. (NASDAQ:DDOG – Free Report) by 0.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 874,097 shares of the company’s stock after selling 2,573 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Datadog were worth $103,187,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Nomura Asset Management Co. Ltd. boosted its holdings in Datadog by 8.0% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 152,674 shares of the company’s stock valued at $20,762,000 after acquiring an additional 11,348 shares during the last quarter. Norges Bank bought a new position in Datadog during the 4th quarter worth approximately $469,461,000. MUFG Securities EMEA plc raised its holdings in Datadog by 115.6% during the 4th quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company’s stock worth $1,814,000 after purchasing an additional 7,154 shares during the last quarter. BNP Paribas lifted its position in shares of Datadog by 18.4% in the 4th quarter. BNP Paribas now owns 41,280 shares of the company’s stock worth $5,614,000 after purchasing an additional 6,403 shares during the period. Finally, Patton Fund Management Inc. boosted its stake in shares of Datadog by 1,964.8% in the 4th quarter. Patton Fund Management Inc. now owns 38,550 shares of the company’s stock valued at $5,242,000 after purchasing an additional 36,683 shares during the last quarter. Institutional investors own 78.29% of the company’s stock.

Insider Activity at Datadog

In other news, CTO Alexis Le-Quoc sold 53,912 shares of the firm’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 completion of the sale, the chief technology officer directly owned 531,311 shares in the company, valued at $144,011,846.55. This trade represents a 9.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 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. Also, Director Michael James Callahan sold 112,500 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $231.60, for a total value of $26,055,000.00. Following the completion of the sale, the director directly owned 14,996 shares of the company’s stock, valued at $3,473,073.60. The trade was a 88.24% 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. Over the last ninety days, insiders have sold 1,459,533 shares of company stock worth $322,938,830. 6.48% of the stock is currently owned by insiders.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

Positive Sentiment: Needham reportedly reiterated a Buy rating and raised its price target, adding to the bullish analyst tone around Datadog’s cloud and AI growth prospects. Article link
Positive Sentiment: Zacks Research upgraded Datadog from “hold” to “strong-buy,” reinforcing expectations that analysts see more upside ahead. Article link
Positive Sentiment: Market commentary highlighted Datadog as one of several internet stocks with solid upside potential, citing AI-led growth, cloud demand, and enterprise adoption. Article link
Positive Sentiment: Recent coverage emphasized Datadog’s AI-driven momentum, including revenue above $1 billion, record new logo bookings, and new AI-focused product launches that could support long-term growth. Article link
Neutral Sentiment: Several articles focused on whether Datadog’s strong run and AI enthusiasm have already been priced in, with some analysts noting the stock still looks expensive on sales despite fair value on cash flow. Article link
Neutral Sentiment: Datadog’s short-interest update showed no meaningful short position data change, so it does not appear to be a major trading driver.
Negative Sentiment: One report noted insider selling, with Amit Agarwal disposing of 20,000 shares, which can add some caution around near-term sentiment. Article link

Datadog Stock Down 4.3%

Shares of Datadog stock traded down $11.46 during trading on Friday, reaching $257.54. 5,133,482 shares of the company traded hands, compared to its average volume of 4,365,074. The firm has a market capitalization of $91.67 billion, a PE ratio of 677.75, a P/E/G ratio of 27.35 and a beta of 1.54. Datadog, Inc. has a 1-year low of $98.01 and a 1-year high of $278.70. The company has a 50 day moving average price of $226.55 and a 200-day moving average price of $160.21. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40.

Datadog (NASDAQ:DDOG – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $960.12 million. During the same period last year, the company posted $0.46 earnings per share. The business’s quarterly revenue was up 32.1% on a year-over-year basis. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. As a group, equities research analysts expect that Datadog, Inc. will post 0.64 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on DDOG. Jefferies Financial Group upgraded shares of Datadog from a “buy” rating to a “buy” rating in a research report on Monday, June 15th. Citizens Jmp raised shares of Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 price target on the stock in a research report on Thursday, May 7th. Morgan Stanley upgraded Datadog from an “overweight” rating to an “overweight” rating in a report on Monday, June 15th. Scotiabank lifted their price objective on Datadog from $225.00 to $275.00 and gave the stock an “outperform” rating in a research report on Thursday, June 18th. Finally, CICC Research boosted their price objective on Datadog from $150.00 to $204.00 in a research note on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $244.73.

Get Our Latest Stock Report on DDOG

Datadog Company Profile

(Free Report)

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.