Insider Selling: PagerDuty, Inc. (NYSE:PD) CFO Sells 16,194 Shares of Stock

PagerDuty, Inc. (NYSE:PDGet Rating) CFO Howard Wilson sold 16,194 shares of PagerDuty stock in a transaction that occurred on Wednesday, June 22nd. The shares were sold at an average price of $25.38, for a total value of $411,003.72. Following the sale, the chief financial officer now owns 460,270 shares in the company, valued at $11,681,652.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Howard Wilson also recently made the following trade(s):

  • On Friday, March 25th, Howard Wilson sold 60,336 shares of PagerDuty stock. The shares were sold at an average price of $35.35, for a total value of $2,132,877.60.

Shares of PD stock traded up $1.67 during mid-day trading on Thursday, hitting $27.17. The company’s stock had a trading volume of 1,273,934 shares, compared to its average volume of 1,404,656. PagerDuty, Inc. has a 52-week low of $21.72 and a 52-week high of $50.33. The business has a 50-day moving average price of $26.49 and a 200 day moving average price of $30.66. The company has a debt-to-equity ratio of 1.10, a quick ratio of 2.54 and a current ratio of 2.54. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of -19.69 and a beta of 1.22.

PagerDuty (NYSE:PDGet Rating) last posted its quarterly earnings results on Thursday, June 2nd. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.04. The firm had revenue of $85.37 million during the quarter, compared to analysts’ expectations of $82.67 million. PagerDuty had a negative return on equity of 41.92% and a negative net margin of 38.83%. The company’s revenue was up 34.3% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.27) earnings per share. Equities research analysts predict that PagerDuty, Inc. will post -1.25 EPS for the current fiscal year.

A number of institutional investors have recently bought and sold shares of PD. Icapital Wealth LLC purchased a new stake in PagerDuty during the first quarter valued at $28,000. Lindbrook Capital LLC increased its position in PagerDuty by 65.4% during the first quarter. Lindbrook Capital LLC now owns 1,409 shares of the company’s stock valued at $48,000 after acquiring an additional 557 shares during the last quarter. PNC Financial Services Group Inc. increased its position in PagerDuty by 270.8% during the first quarter. PNC Financial Services Group Inc. now owns 1,572 shares of the company’s stock valued at $53,000 after acquiring an additional 1,148 shares during the last quarter. Point72 Hong Kong Ltd bought a new stake in PagerDuty during the fourth quarter valued at about $72,000. Finally, Dark Forest Capital Management LP bought a new stake in PagerDuty during the third quarter valued at about $73,000. Institutional investors own 89.33% of the company’s stock.

Several equities research analysts recently weighed in on PD shares. Cowen dropped their price target on PagerDuty to $40.00 in a research report on Friday, May 27th. Royal Bank of Canada dropped their target price on PagerDuty from $46.00 to $41.00 in a report on Tuesday, May 31st. Monness Crespi & Hardt dropped their target price on PagerDuty to $35.00 in a report on Thursday, May 26th. Robert W. Baird dropped their target price on PagerDuty from $47.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, June 3rd. Finally, Craig Hallum dropped their target price on PagerDuty from $45.00 to $37.00 and set a “buy” rating on the stock in a report on Friday, June 3rd. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $47.38.

About PagerDuty (Get Rating)

PagerDuty, Inc operates a digital operations management platform in the United States, Japan, and internationally. Its digital operations management platform collects data digital signals from virtually any software-enabled system or device, and leverage powerful machine learning to correlate, process, and predict opportunities and issues.

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Insider Buying and Selling by Quarter for PagerDuty (NYSE:PD)

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