PagerDuty, Inc. (NYSE:PD) CFO Sells $12,000.00 in Stock

PagerDuty, Inc. (NYSE:PD) CFO Howard Wilson sold 600 shares of the business’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $20.00, for a total transaction of $12,000.00. Following the transaction, the chief financial officer now owns 602,726 shares of the company’s stock, valued at $12,054,520. This trade represents a 0.10 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Thursday, November 7th, Howard Wilson sold 21,066 shares of PagerDuty stock. The stock was sold at an average price of $20.02, for a total transaction of $421,741.32.

PagerDuty Stock Performance

PagerDuty stock traded down $0.91 during mid-day trading on Thursday, hitting $18.48. 1,383,744 shares of the company’s stock traded hands, compared to its average volume of 919,454. The firm has a 50 day moving average price of $19.26 and a 200 day moving average price of $19.06. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 3.52. The company has a market cap of $1.67 billion, a PE ratio of -23.09 and a beta of 1.13. PagerDuty, Inc. has a one year low of $16.46 and a one year high of $25.47.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Royal Bank of Canada increased their target price on shares of PagerDuty from $22.00 to $24.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $21.00 price objective on shares of PagerDuty in a research note on Wednesday, December 11th. Finally, Bank of America cut PagerDuty from a “buy” rating to an “underperform” rating and cut their price target for the stock from $23.00 to $18.00 in a report on Thursday. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $21.64.

Institutional Investors Weigh In On PagerDuty

A number of institutional investors and hedge funds have recently modified their holdings of the stock. AMI Asset Management Corp grew its holdings in shares of PagerDuty by 154.2% during the 4th quarter. AMI Asset Management Corp now owns 56,156 shares of the company’s stock valued at $1,025,000 after acquiring an additional 34,063 shares in the last quarter. Jackson Square Capital LLC bought a new position in PagerDuty during the third quarter worth about $665,000. Glenmede Trust Co. NA grew its position in PagerDuty by 11.7% in the third quarter. Glenmede Trust Co. NA now owns 721,633 shares of the company’s stock valued at $13,386,000 after acquiring an additional 75,771 shares during the period. Geode Capital Management LLC boosted its position in PagerDuty by 1.8% in the third quarter. Geode Capital Management LLC now owns 2,151,314 shares of the company’s stock valued at $39,915,000 after buying an additional 37,147 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new position in PagerDuty in the third quarter worth $444,000. 97.26% of the stock is owned by institutional investors and hedge funds.

PagerDuty Company 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.