PagerDuty, Inc. (NYSE:PD) CEO Jennifer Tejada Sells 93,942 Shares of Stock

PagerDuty, Inc. (NYSE:PDGet Rating) CEO Jennifer Tejada sold 93,942 shares of the stock in a transaction dated Friday, January 20th. The stock was sold at an average price of $28.03, for a total transaction of $2,633,194.26. Following the sale, the chief executive officer now owns 606,465 shares of the company’s stock, valued at approximately $16,999,213.95. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

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

  • On Friday, January 13th, Jennifer Tejada sold 20,494 shares of PagerDuty stock. The stock was sold at an average price of $28.05, for a total transaction of $574,856.70.
  • On Tuesday, January 17th, Jennifer Tejada sold 36,191 shares of PagerDuty stock. The stock was sold at an average price of $28.01, for a total transaction of $1,013,709.91.

PagerDuty Stock Down 8.1 %

Shares of NYSE PD opened at $26.52 on Wednesday. The firm has a market capitalization of $2.39 billion, a PE ratio of -17.45 and a beta of 0.89. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 1.18. PagerDuty, Inc. has a 1 year low of $19.51 and a 1 year high of $38.75. The firm’s 50-day moving average is $24.93 and its 200-day moving average is $24.83.

PagerDuty (NYSE:PDGet Rating) last released 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 the consensus estimate of $92.77 million. Equities analysts expect that PagerDuty, Inc. will post -1.3 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PD. JPMorgan Chase & Co. boosted its stake in PagerDuty by 102.5% during the 1st quarter. JPMorgan Chase & Co. now owns 263,244 shares of the company’s stock worth $9,000,000 after acquiring an additional 133,253 shares during the last quarter. Raymond James & Associates lifted its stake in PagerDuty by 18.7% in the first quarter. Raymond James & Associates now owns 48,652 shares of the company’s stock valued at $1,663,000 after buying an additional 7,659 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in PagerDuty by 270.8% in the first quarter. PNC Financial Services Group Inc. now owns 1,572 shares of the company’s stock valued at $53,000 after buying an additional 1,148 shares in the last quarter. MetLife Investment Management LLC lifted its stake in PagerDuty by 53.8% in the first quarter. MetLife Investment Management LLC now owns 44,055 shares of the company’s stock valued at $1,506,000 after buying an additional 15,413 shares in the last quarter. Finally, Rhumbline Advisers lifted its stake in PagerDuty by 17.3% in the first quarter. Rhumbline Advisers now owns 104,689 shares of the company’s stock valued at $3,579,000 after buying an additional 15,422 shares in the last quarter. Institutional investors own 90.66% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Robert W. Baird lowered their price objective on shares of PagerDuty from $35.00 to $32.00 in a research report on Friday, December 2nd. Craig Hallum lowered their price objective on shares of PagerDuty to $32.00 in a research report on Friday, December 2nd. Truist Financial lowered their price objective on shares of PagerDuty from $35.00 to $30.00 in a research report on Wednesday, October 26th. Royal Bank of Canada lowered their price objective on shares of PagerDuty from $38.00 to $32.00 and set an “outperform” rating for the company in a research report on Monday, November 28th. Finally, Canaccord Genuity Group lowered their price objective on shares of PagerDuty from $32.00 to $31.00 in a research report on Monday, December 5th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.27.

PagerDuty Company Profile

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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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