SCHEDULE: FMR LLC Discloses 5.1% Stake in Datadog Class A Stock
Beneficial Ownership Report
FMR LLC and its affiliates, including Abigail P. Johnson, have reported a beneficial ownership of 5.1% of Datadog Inc.'s Class A Common Stock.
Summary
- FMR LLC and its affiliates, including Abigail P. Johnson, beneficially own 16,347,067.76 shares of Datadog Inc.'s Class A Common Stock.
- This ownership represents 5.1% of the total outstanding Class A Common Stock.
- FMR LLC, a Delaware-organized entity, holds sole voting power over 15,756,010.40 shares and sole dispositive power over all 16,347,067.76 shares.
- Abigail P. Johnson, a U.S. citizen and Chairman/CEO of FMR LLC, shares dispositive power over the same 16,347,067.76 shares but holds no sole voting power.
- The shares are held in the ordinary course of business and were not acquired for the purpose of changing or influencing control of Datadog Inc.
- Several FMR LLC subsidiaries, including FIAM LLC, Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, and Strategic Advisers LLC, are identified as entities beneficially owning shares.
Sentiment
Score: 7
Explanation: The disclosure of a significant 5.1% stake by a reputable institutional investor like FMR LLC (Fidelity) is generally viewed positively, indicating confidence in Datadog's long-term prospects. While a 13G is a factual filing, the presence of a major investor can be a bullish signal.
Positives
- A major institutional investor, FMR LLC (Fidelity), has disclosed a significant 5.1% stake in Datadog, indicating confidence in the company's prospects.
- The investment is stated to be in the ordinary course of business, suggesting a long-term investment strategy rather than an activist play.
Future Outlook
NA
Industry Context
The disclosure of a significant stake by a major asset manager like FMR LLC in a cloud monitoring and analytics platform like Datadog highlights continued institutional interest in the software and cloud services sector, which remains a key area for digital transformation and operational efficiency.
Stakeholder Impact
- Shareholders: The disclosure of a significant institutional stake by FMR LLC may instill greater confidence among existing and potential shareholders, potentially leading to increased demand for Datadog's stock.
- Management: Datadog's management now has a major institutional shareholder to consider, though FMR LLC states the investment is not for control purposes.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-10 | Date of Schedule 13G filing by FMR LLC where Power of Attorney (accession number: -23-000003) was incorporated by reference. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of Schedule 13G filing by FMR LLC where Power of Attorney (accession number: -23-000038) for Abigail P. Johnson was incorporated by reference. |
| 2025-09-30 | Date of event which requires filing of this statement (beneficial ownership threshold met). |
| 2025-11-04 | Date of signing of the Schedule 13G by Stephanie J. Brown on behalf of FMR LLC and Abigail P. Johnson. |
Recommendation
holdThe filing indicates a significant institutional stake by FMR LLC, a major asset manager, which is generally a positive signal for Datadog. However, a Schedule 13G filing primarily discloses ownership and does not provide new financial performance data or strategic updates that would warrant a 'buy' or 'sell' recommendation based solely on this document. The 'hold' recommendation reflects the positive signal from institutional interest without new fundamental catalysts for a stronger action.
Keywords
Datadog Inc, DDOG, FMR LLC, Fidelity, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Institutional Investor, Class A Common Stock, Software, Cloud Monitoring
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