AlphaQuest LLC Increases Stock Position in PagerDuty $PD

AlphaQuest LLC grew its stake in shares of PagerDuty (NYSE:PD) by 92.9% during the second quarter, HoldingsChannel.com reports. The fund owned 30,299 shares of the company’s stock after buying an additional 14,593 shares during the quarter. AlphaQuest LLC’s holdings in PagerDuty were worth $463,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Headlands Technologies LLC boosted its holdings in shares of PagerDuty by 2,235.6% in the first quarter. Headlands Technologies LLC now owns 1,378 shares of the company’s stock worth $25,000 after buying an additional 1,319 shares during the last quarter. KBC Group NV purchased a new stake in shares of PagerDuty during the first quarter valued at $33,000. Summit Securities Group LLC purchased a new stake in shares of PagerDuty during the first quarter valued at $33,000. Teacher Retirement System of Texas purchased a new stake in shares of PagerDuty during the first quarter valued at $229,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of PagerDuty during the first quarter valued at $246,000. Hedge funds and other institutional investors own 97.26% of the company’s stock.

PagerDuty Trading Down 0.2%

PagerDuty stock opened at $16.18 on Wednesday. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 2.18. PagerDuty has a 12 month low of $13.69 and a 12 month high of $21.98. The stock’s 50 day simple moving average is $16.23 and its two-hundred day simple moving average is $15.73. The firm has a market cap of $1.51 billion, a PE ratio of -101.13, a P/E/G ratio of 11.79 and a beta of 0.82.

PagerDuty (NYSE:PD) last released its quarterly earnings data on Wednesday, September 3rd. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.09). PagerDuty had a positive return on equity of 2.81% and a negative net margin of 2.87%.The company had revenue of $123.41 million during the quarter, compared to analysts’ expectations of $123.52 million. During the same quarter in the prior year, the company posted $0.21 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. PagerDuty has set its Q3 2026 guidance at 0.240-0.25 EPS. FY 2026 guidance at 1.000-1.04 EPS. Analysts anticipate that PagerDuty will post -0.27 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Wall Street Zen raised shares of PagerDuty from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 31st. Canaccord Genuity Group reduced their target price on shares of PagerDuty from $21.00 to $19.00 and set a “buy” rating for the company in a report on Thursday, September 4th. Royal Bank Of Canada cut their price objective on shares of PagerDuty from $20.00 to $18.00 and set an “outperform” rating on the stock in a report on Thursday, September 4th. Weiss Ratings restated a “sell (e+)” rating on shares of PagerDuty in a report on Wednesday, October 8th. Finally, Cowen upgraded shares of PagerDuty from a “hold” rating to a “buy” rating in a report on Monday, July 28th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $18.70.

About PagerDuty

PagerDuty, Inc engages in the operation of a digital operations management platform in the United States and internationally. The company’s digital operations management platform collects data and digital signals from virtually any software-enabled system or device and leverage machine learning to correlate, process, and predict opportunities and issues.