PagerDuty, Inc. (NYSE:PD) CEO Sells $1,013,709.91 in Stock

PagerDuty, Inc. (NYSE:PDGet Rating) CEO Jennifer Tejada sold 36,191 shares of the firm’s stock in a transaction that occurred on Tuesday, January 17th. The shares were sold at an average price of $28.01, for a total transaction of $1,013,709.91. Following the completion of the sale, the chief executive officer now owns 606,465 shares in the company, valued at approximately $16,987,084.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Jennifer Tejada also recently made the following trade(s):

  • On Friday, January 13th, Jennifer Tejada sold 20,494 shares of PagerDuty stock. The shares were sold at an average price of $28.05, for a total transaction of $574,856.70.

PagerDuty Trading Down 2.0 %

NYSE PD opened at $26.38 on Friday. PagerDuty, Inc. has a twelve month low of $19.51 and a twelve month high of $38.75. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.37 and a current ratio of 2.37. The stock has a market cap of $2.37 billion, a price-to-earnings ratio of -17.36 and a beta of 0.89. The firm’s 50 day moving average price is $24.74 and its two-hundred day moving average price is $24.84.

PagerDuty (NYSE:PDGet Rating) last posted its quarterly earnings data on Thursday, December 1st. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.28) by ($0.03). PagerDuty had a negative return on equity of 47.15% and a negative net margin of 38.11%. The firm had revenue of $94.20 million for the quarter, compared to analysts’ expectations of $92.77 million. Equities analysts anticipate that PagerDuty, Inc. will post -1.3 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on PD shares. Craig Hallum decreased their price objective on shares of PagerDuty to $32.00 in a report on Friday, December 2nd. Truist Financial decreased their price objective on shares of PagerDuty from $35.00 to $30.00 in a report on Wednesday, October 26th. Robert W. Baird decreased their price objective on shares of PagerDuty from $35.00 to $32.00 in a report on Friday, December 2nd. Credit Suisse Group started coverage on shares of PagerDuty in a report on Friday, September 23rd. They issued an “outperform” rating and a $32.00 price objective for the company. Finally, Royal Bank of Canada decreased their price objective on shares of PagerDuty from $38.00 to $32.00 and set an “outperform” rating for the company in a report on Monday, November 28th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, PagerDuty currently has an average rating of “Moderate Buy” and a consensus price target of $32.91.

Hedge Funds Weigh In On PagerDuty

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in PagerDuty by 2.5% during the 3rd quarter. Vanguard Group Inc. now owns 7,481,775 shares of the company’s stock worth $172,604,000 after purchasing an additional 180,197 shares in the last quarter. William Blair Investment Management LLC boosted its stake in shares of PagerDuty by 3.5% during the 2nd quarter. William Blair Investment Management LLC now owns 4,332,503 shares of the company’s stock valued at $107,359,000 after buying an additional 144,894 shares during the period. RGM Capital LLC boosted its stake in shares of PagerDuty by 2.3% during the 3rd quarter. RGM Capital LLC now owns 3,907,801 shares of the company’s stock valued at $90,153,000 after buying an additional 86,831 shares during the period. Clearbridge Investments LLC boosted its stake in shares of PagerDuty by 0.7% during the 1st quarter. Clearbridge Investments LLC now owns 3,557,845 shares of the company’s stock valued at $121,643,000 after buying an additional 24,545 shares during the period. Finally, State Street Corp boosted its stake in shares of PagerDuty by 1.5% during the 3rd quarter. State Street Corp now owns 1,780,987 shares of the company’s stock valued at $41,087,000 after buying an additional 26,371 shares during the period. 90.66% of the stock is currently owned by hedge funds and other institutional investors.

About PagerDuty

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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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