PagerDuty, Inc. (NYSE:PD) CEO Sells $2,062,505.50 in Stock

PagerDuty, Inc. (NYSE:PD) CEO Jennifer Tejada sold 68,182 shares of the firm’s stock in a transaction that occurred on Monday, January 10th. The shares were sold at an average price of $30.25, for a total value of $2,062,505.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Tuesday, December 14th, Jennifer Tejada sold 68,182 shares of PagerDuty stock. The shares were sold at an average price of $32.16, for a total value of $2,192,733.12.
  • On Tuesday, November 9th, Jennifer Tejada sold 68,182 shares of PagerDuty stock. The shares were sold at an average price of $43.37, for a total value of $2,957,053.34.

Shares of NYSE:PD opened at $31.00 on Friday. PagerDuty, Inc. has a 1-year low of $29.15 and a 1-year high of $58.36. The firm has a market capitalization of $2.67 billion, a PE ratio of -25.83 and a beta of 1.24. The business’s 50 day moving average is $35.78 and its 200-day moving average is $40.01. The company has a current ratio of 3.20, a quick ratio of 3.20 and a debt-to-equity ratio of 1.03.

PagerDuty (NYSE:PD) last announced its quarterly earnings results on Tuesday, December 7th. The company reported ($0.07) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.09) by $0.02. The business had revenue of $71.76 million for the quarter, compared to analyst estimates of $70.10 million. PagerDuty had a negative return on equity of 33.04% and a negative net margin of 38.41%. PagerDuty’s quarterly revenue was up 33.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.21) EPS. On average, sell-side analysts predict that PagerDuty, Inc. will post -1.13 EPS for the current year.

A number of research analysts recently weighed in on PD shares. Royal Bank of Canada cut their price objective on PagerDuty from $59.00 to $48.00 and set an “outperform” rating on the stock in a research note on Monday, December 6th. Zacks Investment Research downgraded PagerDuty from a “hold” rating to a “sell” rating in a research report on Saturday, December 11th. Craig Hallum dropped their price target on PagerDuty from $62.00 to $52.00 and set a “buy” rating on the stock in a research report on Wednesday, December 8th. Finally, TD Securities raised PagerDuty to a “buy” rating and set a $57.00 price target on the stock in a research report on Thursday, December 9th. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $53.69.

Hedge funds have recently made changes to their positions in the stock. Advisory Services Network LLC acquired a new stake in PagerDuty in the 2nd quarter valued at $38,000. First Horizon Advisors Inc. boosted its stake in PagerDuty by 58.9% in the third quarter. First Horizon Advisors Inc. now owns 1,168 shares of the company’s stock worth $308,000 after purchasing an additional 433 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in PagerDuty in the second quarter worth $53,000. Dark Forest Capital Management LP acquired a new position in PagerDuty in the third quarter worth $73,000. Finally, Nisa Investment Advisors LLC acquired a new position in PagerDuty in the second quarter worth $86,000. 88.91% of the stock is currently owned by institutional investors and hedge funds.

PagerDuty Company Profile

PagerDuty, Inc operates a digital operations management platform. It provides incident management solution that integrates with information technology Ops and DevOps monitoring stacks to improve operational reliability and agility. The firm collect machine generated data from virtually any software-enabled system or device, combine it with human response data, correlating and interpreting this data to understand issues and opportunities that need to be addressed in real-time.

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Insider Buying and Selling by Quarter for PagerDuty (NYSE:PD)

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