Wag! Group Co. (NASDAQ:PET) COO Dylan Allread Sells 35,855 Shares

Wag! Group Co. (NASDAQ:PET) COO Dylan Allread sold 35,855 shares of the company’s stock in a transaction on Wednesday, April 17th. The shares were sold at an average price of $2.12, for a total transaction of $76,012.60. Following the completion of the transaction, the chief operating officer now owns 439,555 shares of the company’s stock, valued at approximately $931,856.60. The sale was disclosed in a filing with the SEC, which is available at this link.

Dylan Allread also recently made the following trade(s):

• On Friday, April 19th, Dylan Allread sold 9,981 shares of Wag! Group stock. The shares were sold at an average price of $2.08, for a total transaction of $20,760.48.
• On Monday, April 15th, Dylan Allread sold 700 shares of Wag! Group stock. The stock was sold at an average price of $2.07, for a total transaction of $1,449.00.
• On Wednesday, March 20th, Dylan Allread sold 3,429 shares of Wag! Group stock. The stock was sold at an average price of $1.97, for a total transaction of $6,755.13.
• On Monday, March 18th, Dylan Allread sold 1,564 shares of Wag! Group stock. The stock was sold at an average price of $2.01, for a total transaction of $3,143.64.
• On Thursday, March 14th, Dylan Allread sold 4,887 shares of Wag! Group stock. The stock was sold at an average price of $2.03, for a total transaction of $9,920.61.
• On Tuesday, February 20th, Dylan Allread sold 9,195 shares of Wag! Group stock. The stock was sold at an average price of $2.13, for a total transaction of $19,585.35.
• On Wednesday, February 14th, Dylan Allread sold 23,008 shares of Wag! Group stock. The stock was sold at an average price of $2.05, for a total transaction of $47,166.40.
• On Thursday, January 18th, Dylan Allread sold 26,703 shares of Wag! Group stock. The stock was sold at an average price of $1.67, for a total transaction of $44,594.01.

Wag! Group Stock Up 1.4 %

Shares of NASDAQ:PET opened at $2.11 on Friday. Wag! Group Co. has a 1-year low of $1.59 and a 1-year high of $2.70. The stock has a market cap of $85.12 million, a P/E ratio of -6.03 and a beta of 2.33. The company has a debt-to-equity ratio of 15.59, a current ratio of 1.73 and a quick ratio of 1.73. The firm has a fifty day moving average price of $2.07 and a 200 day moving average price of $1.88.

Wag! Group (NASDAQ:PET) last released its earnings results on Wednesday, February 14th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.04). Wag! Group had a negative return on equity of 275.90% and a negative net margin of 15.87%. The firm had revenue of $21.67 million during the quarter, compared to analyst estimates of $20.70 million. Sell-side analysts predict that Wag! Group Co. will post -0.14 EPS for the current year.

Institutional Trading of Wag! Group

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Wag! Group by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 492,902 shares of the company’s stock worth $863,000 after acquiring an additional 4,601 shares during the period. Bridgeway Capital Management LLC increased its holdings in shares of Wag! Group by 59.4% in the 4th quarter. Bridgeway Capital Management LLC now owns 111,600 shares of the company’s stock valued at $198,000 after purchasing an additional 41,600 shares in the last quarter. Citadel Advisors LLC increased its holdings in shares of Wag! Group by 118.7% in the 4th quarter. Citadel Advisors LLC now owns 39,715 shares of the company’s stock valued at $70,000 after purchasing an additional 21,552 shares in the last quarter. SVB Wealth LLC increased its holdings in shares of Wag! Group by 100.0% in the 4th quarter. SVB Wealth LLC now owns 140,000 shares of the company’s stock valued at $245,000 after purchasing an additional 70,000 shares in the last quarter. Finally, Cerity Partners LLC purchased a new position in shares of Wag! Group in the 4th quarter valued at about $40,000. Institutional investors and hedge funds own 86.16% of the company’s stock.

Wag! Group Company Profile

Wag! Group Co develops and supports a proprietary marketplace technology platform available as a website and mobile app that enables independent pet caregivers to connect with pet parents. Its platform allows pet parents, who require specific pet care services, such as dog walking, pet sitting and boarding, advice from licensed pet experts, home visits, training, and pet insurance comparison tools.