PagerDuty, Inc. (NYSE:PD) Insider Sells $143,319.01 in Stock

PagerDuty, Inc. (NYSE:PD) insider Shelley Webb sold 7,879 shares of the business’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $18.19, for a total transaction of $143,319.01. Following the transaction, the insider now directly owns 199,122 shares of the company’s stock, valued at approximately $3,622,029.18. This trade represents a 3.81 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

PagerDuty Price Performance

Shares of PagerDuty stock opened at $17.61 on Friday. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 3.52. The company’s 50-day moving average price is $19.44 and its two-hundred day moving average price is $19.37. PagerDuty, Inc. has a 52 week low of $16.46 and a 52 week high of $26.70. The stock has a market cap of $1.59 billion, a PE ratio of -22.01 and a beta of 1.13.

Analyst Ratings Changes

Several equities analysts have recently issued reports on PD shares. JPMorgan Chase & Co. reissued an “underweight” rating and set a $21.00 price target on shares of PagerDuty in a report on Wednesday, December 11th. Royal Bank of Canada upped their price objective on shares of PagerDuty from $22.00 to $24.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $22.09.

Institutional Investors Weigh In On PagerDuty

Several hedge funds and other institutional investors have recently bought and sold shares of the business. RGM Capital LLC raised its position in PagerDuty by 1.3% in the third quarter. RGM Capital LLC now owns 4,564,296 shares of the company’s stock worth $84,668,000 after acquiring an additional 59,902 shares in the last quarter. Geode Capital Management LLC raised 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 worth $39,915,000 after acquiring an additional 37,147 shares in the last quarter. JPMorgan Chase & Co. raised its position in PagerDuty by 285.8% in the third quarter. JPMorgan Chase & Co. now owns 1,263,841 shares of the company’s stock worth $23,444,000 after acquiring an additional 936,257 shares in the last quarter. Barclays PLC raised its holdings in PagerDuty by 24.2% during the 3rd quarter. Barclays PLC now owns 901,120 shares of the company’s stock worth $16,716,000 after buying an additional 175,733 shares during the period. Finally, Loomis Sayles & Co. L P raised its holdings in PagerDuty by 33.4% during the 3rd quarter. Loomis Sayles & Co. L P now owns 808,365 shares of the company’s stock worth $14,995,000 after buying an additional 202,382 shares during the period. 97.26% of the stock is currently owned by institutional investors.

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.