PagerDuty $PD Position Lifted by Entropy Technologies LP

Entropy Technologies LP grew its stake in shares of PagerDuty (NYSE:PD) by 40.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,839 shares of the company’s stock after acquiring an additional 5,707 shares during the period. Entropy Technologies LP’s holdings in PagerDuty were worth $303,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of PD. Nuveen LLC bought a new position in shares of PagerDuty during the first quarter worth about $13,018,000. RGM Capital LLC raised its stake in PagerDuty by 12.6% during the first quarter. RGM Capital LLC now owns 5,649,592 shares of the company’s stock valued at $103,218,000 after buying an additional 634,131 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in PagerDuty by 806.4% during the 2nd quarter. Acadian Asset Management LLC now owns 514,724 shares of the company’s stock worth $7,853,000 after buying an additional 457,934 shares during the last quarter. Millennium Management LLC grew its position in shares of PagerDuty by 55.4% in the 1st quarter. Millennium Management LLC now owns 1,005,111 shares of the company’s stock worth $18,363,000 after acquiring an additional 358,347 shares in the last quarter. Finally, Algert Global LLC increased its holdings in shares of PagerDuty by 512.5% in the 1st quarter. Algert Global LLC now owns 397,212 shares of the company’s stock valued at $7,257,000 after acquiring an additional 332,363 shares during the last quarter. Institutional investors and hedge funds own 97.26% of the company’s stock.

PagerDuty Stock Up 2.4%

PD stock opened at $15.22 on Wednesday. The company has a quick ratio of 2.39, a current ratio of 2.39 and a debt-to-equity ratio of 2.18. PagerDuty has a fifty-two week low of $13.69 and a fifty-two week high of $21.98. The firm’s 50-day simple moving average is $15.83 and its 200 day simple moving average is $15.74. The stock has a market cap of $1.42 billion, a PE ratio of -95.11, a price-to-earnings-growth ratio of 10.80 and a beta of 0.83.

PagerDuty (NYSE:PD) last posted its earnings results on Wednesday, September 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.09). PagerDuty had a negative net margin of 2.87% and a positive return on equity of 2.81%. The firm had revenue of $123.41 million for the quarter, compared to analyst estimates of $123.52 million. During the same period in the previous year, the firm earned $0.21 earnings per share. 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. As a group, sell-side analysts predict that PagerDuty will post -0.27 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on PD. Robert W. Baird reduced their price objective on PagerDuty from $18.00 to $16.00 and set a “neutral” rating on the stock in a research note on Thursday, September 4th. Canaccord Genuity Group reduced their price target on shares of PagerDuty from $21.00 to $19.00 and set a “buy” rating on the stock in a research report on Thursday, September 4th. Royal Bank Of Canada lowered their price objective on shares of PagerDuty from $20.00 to $18.00 and set an “outperform” rating for the company in a research report on Thursday, September 4th. Wall Street Zen upgraded shares of PagerDuty from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 31st. Finally, Zacks Research upgraded PagerDuty to a “hold” rating in a research note on Friday, August 8th. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $18.40.

PagerDuty Profile

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.