Backtested performance is not an indicator of future actual results. Mr. Jacobson is also on the board of 13 other companies. They issued an outperform rating and a $101.00 target price on the stock. Samuel OBrient has been covering financial markets and analyzing economic policy for three-plus years. Matthew Jacobson is 36, he's been the Independent Director of Datadog Inc since 2019. According to data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and a consensus target price of $112.45. Matt currently serves on the boards of GitLab, Collibra, BambooHR, Braze, Sprinklr, Relativity, InVision, Highspot, and Intercom. Purity begins with a highly authentic founding story. Prior to joining Datadog, Armelle was the CPO at Arkadin, a global unified communications solutions provider. Matthew Jacobson Age : 38 Public asset : 53,106,520 USD Linked companies : Datadog, Inc. - GitLab Inc. - Braze, Inc. Summary Presently, Matthew Jacobson is General Partner for Iconiq Strategic Management LLC. He holds a BA from Duke University. And there is plenty of evidence to show that his belief is well founded. This is yet another milestone, ICONIQ Growth has been actively investing in cloud companies since our inception. While other cybersecurity stocks are also in the green today, Datadog has outperformed most of them. The U.S. government is the largest customer for many defense companies, providing a significant portion of their revenue. The stock was acquired at an average cost of $70.07 per share, with a total value of $8,612,303.70. Enter your email to receive our newsletter. They sold a total of 897,213 shares worth more than $88,522,836.60. jacobson matthew C/O DATADOG, INC. NEW YORK NY 10001 Business Phone: 866-329-4466 SEC SIC CODE: 7372-SERVICES-PREPACKAGED SOFTWARE Insider Information Datadog Inc - Director (12/05/2022) Snowflake, Inc. - >10% Owner (09/08/2021) Cardium Therapeutics Inc. - Director (06/22/2021) Braze Inc - Director (10/03/2022) And theres plenty of evidence that suggests his faith is well founded. ExodusPoint Capital Management LP lowered its position in Datadog, Inc. (NASDAQ:DDOG Get Rating) by 97.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). It all happens at the free AI Super Summit. She was appointed as a board member of Thales in June 2017. in Psychology from the University of Georgia. Matthew Jacobson: Self: Board Member: 000 0000: Michael Callahan: Self: Board Member: 000 0000: Shardul Shah: Index Ventures: Board . Receive News & Ratings for Datadog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Datadog and related companies with MarketBeat.com's FREE daily email newsletter. Read the Reducing IT Costs with Observability eBook, eBook: Reducing IT Costs with Observability. In 2003 she moved into private equity as head of the NY Office of Providence Equity Partners, where she spearheaded many investments and buyouts. Even without Jacobsons investment, DDOG stock seems to be destined for growth as markets rebounded in 2023. She began her career with 10 years at Merrill Lynch, then moved to JP Morgan where she headed an investment banking group. The companys 50 day moving average is $75.19 and its 200 day moving average is $82.42. It is illegal for insiders to make trades in their companies based on material, non-public information ("MNPI"). Matthew's mailing address filed with the SEC is C/O ICONIQ CAPITAL, 394 PACIFIC AVENUE, 2ND FLOOR, SAN FRANCISCO, CA, 94111. Matthew Jacobson has not been actively trading shares of Datadog within the last three months. from the Benjamin N. Cardozo School of Law and her B.S. They set an overweight rating and a $95.00 price target on the stock. While other cybersecurity stocks are also in the green today, Datadog has outperformed most of them. Michelle has been with Datadog since 2015. Matthew has made over 9 trades of the Datadog Inc stock since 2019, according to the Form 4 filled with the SEC. While it has outperformed several of its peers during the past month, DDOG stock is still down more than 30% year-to-date (YTD). Jacobson Matthew latest transaction was an Informative Buy of $13.33M. Despite all the turbulence this year, DDOG shares are having a great day. Lets take a closer look. More importantly, the current economic climate may have depressed DDOGs stock, but it hasnt slowed the companys sales growth. Adam Blitzer has over a decade of experience in the SaaS space. All of the executives who recently sold are among the companys top leaders, while Jacobson is only part of the board. Director and board member Matthew Jacobson recently went on a buying spree and acquired a significant amount of DDOG stock. Following this acquisition, Dev served as President of BMC, overseeing a business with $1.4 billion in annual revenue. As a member of the original devops movement, Alexis spent several years as a software engineer at IBM Research, Neomeo, and Orange, and he brings a strong focus on technical elegance and operational efficiency to Datadog. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Datadog (NASDAQ: DDOG) is no exception. Most recently he bought 192,154 units of DDOG stock worth $13,325,880 on 5 December 2022. . Alphabet Inc. is Siemens Fonds Invest GmbHs 4th Largest Position, Healthcare of Ontario Pension Plan Trust Fund Makes New Investment in Avista Co. (NYSE:AVA), Rotork (LON:ROR) Earns Hold Rating from Jefferies Financial Group, DSM Capital Partners LLC Raises Stock Holdings in Alphabet Inc. (NASDAQ:GOOG), Two Creeks Capital Management LP Grows Holdings in Alphabet Inc. (NASDAQ:GOOG), Grand Jean Capital Management Inc. But to one Datadog insider, the stock's decline represents an opportunity to buy the dip before a market turnaround in 2023. . As of 5 December 2022 he still owns at least 731,973 units of Datadog Inc stock. The firm owned 57,375 shares of the company's stock after acquiring an additional 2,378 shares during the period. All rights reserved. . A Greylock Partners portfolio company, PolyServe was acquired by HP in 2007. Cantor Fitzgerald began coverage on shares of Datadog in a research report on Wednesday, January 25th. Amit holds an MBA from the Schulich School of Business and a Masters in Computer Science from Dalhousie University. Wolfe Research assumed coverage on shares of Datadog in a research report on Monday, November 7th. About Matthew Jacobson on Medium. Purity is at the core of Datadogs product-led growth. WCM Investment Management LLC now owns 2,324,617 shares of the companys stock worth $203,288,000 after buying an additional 242,020 shares during the last quarter. The most recent insider tranaction occured on February, 13th when CEO Olivier Pomel sold 85,637 shares worth more than $7,075,328.94. Insider buying can lend liquidity and support to a company. He is also on the board of 13 other companies. With the acquisitions of companies such as Mortar Data, Logmatic.io and Madumbo, Datadog has brought on new founders, products, teams and geographies into their exciting journey, but have remained committed to building a single, unified data platform. While this decision made fundraising more difficult early on, scarcity of capital actually enabled customer centricity with a strong focus on efficient growth, which has become a powerful fabric embedded in the company to this day. What is Jacobson Matthew's role in Datadog? In the last 4 years, insiders at Datadog, Inc have sold an estimated value of $2.83B Like InvestorPlace contributor Bret Kenwell reports: Analysts to expect about 61% revenue growth this year, then 34% growth next year. . General Partner at ICONIQ, partner to Datadog, Snowflake, Gitlab, Collibra, Adyen, Braze, Miro, Relativity, BambooHR . DSM Capital Partners LLC Raises Stock Holdings in Alphabet Inc. Two Creeks Capital Management LP Grows Holdings in Alphabet Inc. Grand Jean Capital Management Inc. David Obstler, Chief Financial Officer, Matt currently serves on the boards of GitLab, Collibra, BamboHR, Braze, Sprinklr, Relativity, InVision, Highspot, and Intercom. Datadog's CEO and Co-Founder, Board Member is Olivier Pomel. In 2025 and 2026, consensus estimates accelerate, calling for 35% and 44.5% growth, respectively.. Datadog has listened to the problems of its customers and built modern products to deliver transparency and insights to its customers. Datadog, Inc's most recent insider trade came on February 17, 2023 by Samuel OBrient has been covering financial markets and analyzing economic policy for over three years. When we spoke with Datadog customers ahead of our initial investment, we heard about the breadth of utilization across all public, private and hybrid cloud environments and ubiquity of engagement across users, Deployed Everywhere. The stock was acquired at an average cost of $70.07 per share, with a total value of $8,612,303.70. Matthew Jacobson owns about 1,069,859 unitsof Datadog, Inc common stock. They set a peer perform rating on the stock. This page shows the track record and history of Jacobson Matthew insider trades in Datadog, Inc. Class A. Posted by MarketBeat News on Mar 1st, 2023. Matthew Jacobson is the Director, 10% Owner of Braze Inc and owns about 8,669,763 shares of Braze Inc (BRZE) stock worth over $273 Million . He currently serves on the boards of a number of private technology companies, including GitLab Inc., Collibra NV, BambooHR LLC, Braze, Inc., Sprinklr Inc., Relativity ODA LLC, InVisionApp Inc. and Intercom Inc. Mr. Jacobson previously served on the board of directors of Twistlock Inc. from August 2018 to July 2019 and as a shareholder representative for Adyen NV from September 2015 to June 2018. The estimated Net Worth of Matthew Jacobson is at least $81.6 Million dollars as of 5 December 2022. They built Datadog in this image to cut across systems, teams and functions and solve these problems. OBrient likes to help everyone understand the complexities of economics. OBrient loves helping everyone understand the complexities of economics. In 2006, Matt Jacobson completed a Bachelor of Science in Finance and Management at University of Pennsylvania . The stock was bought at an average price . What does Jacobsons investment mean for DDOG stock? Purity also encompasses setting. You can see the complete history of Mr. Jacobson stock trades at the bottom of the page. In early December, several members of Datadogs leadership team, including CEO Olivier Pomel and President and CTO Alexis L-Quc both offloaded large amounts of shares. Learn More on Matthew Jacobson's trading history. DATADOG, INC. : Shareholders Board Members Managers and Company Profile | US23804L1035 | MarketScreener Homepage Equities United States Nasdaq Datadog, Inc. Company DDOG US23804L1035 DATADOG, INC. (DDOG) Add to my list Report Summary Quotes Charts News Ratings Calendar Company Financials Consensus Revisions Funds Prior to ICONIQ Capital, Mr. Jacobson held operating roles at Groupon and investing roles at Battery Ventures and Technology Crossover Ventures. Prior to that, Emilio worked for PlayStation, where he built and ran the software security teams. They issued a neutral rating and a $85.00 target price on the stock. A breakdown of Jacobson Matthew's holdings, Roles that Jacobson Matthew holds in companies, The most profitable trade made by Jacobson Matthew, List of latest transactions for each holding click on a transaction to see Jacobson Matthew's performance on stock. Kerry began her legal career at Morrison & Foerster LLP. This is a major milestone in Datadogs history, and we are very excited for the meaningful journey ahead with much great work still to be done! Datadog is an SaaS-based data monitoring and analytics platform. Learn More about Matthew Jacobson's net worth. Over the past five years, the company has grown by an average of 78%. Prior to ICONIQ Capital, Matt held operating roles at Groupon and investing roles at Battery Ventures and Technology Crossover Ventures. In addition to holding positions on the boards of several tech companies, Jacobson is a partner at wealth management firm ICONIQ Capital. Datadog (NASDAQ:DDOG) is no exception. Article printed from InvestorPlace Media, https://investorplace.com/2022/12/director-matthew-jacobson-is-betting-big-on-datadog-ddog-stock/. Sean holds a Bachelors of Science in Marketing from Rowan University. Lorem ipsum dolor sit amet, consectetur adipiscing elit. TipRanks is a comprehensive research tool that helps investors make better, data-driven investment decisions. . Key Executive Tracking. Mr. Jacobson owns over 192,154 units of Datadog Inc stock worth over $46,948,748 and over the last 3 years he sold DDOG stock worth over $25,518,952. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The firm's product portfolio, delivered as software-as-a-service, allows a client to monitor and analyze its entire IT infrastructure. His areas of expertise include electric vehicle (EV) stocks, green energy and NFTs. His areas of expertise involve electric vehicle (EV) stocks, green energy and NFTs. 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