PagerDuty, Inc. (NYSE:PD) CEO Jennifer Tejada Sells 191,462 Shares

PagerDuty, Inc. (NYSE:PDGet Rating) CEO Jennifer Tejada sold 191,462 shares of PagerDuty stock in a transaction dated Monday, January 23rd. The stock was sold at an average price of $28.30, for a total value of $5,418,374.60. Following the completion of the transaction, the chief executive officer now owns 602,610 shares in the company, valued at approximately $17,053,863. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Friday, January 20th, Jennifer Tejada sold 93,942 shares of PagerDuty stock. The shares were sold at an average price of $28.03, for a total value of $2,633,194.26.
  • 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 value 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 Up 3.1 %

NYSE:PD traded up $0.82 during mid-day trading on Wednesday, hitting $27.34. 1,520,070 shares of the company’s stock were exchanged, compared to its average volume of 1,111,586. The company has a market cap of $2.46 billion, a PE ratio of -17.99 and a beta of 0.89. The company has a debt-to-equity ratio of 1.18, a current ratio of 2.37 and a quick ratio of 2.37. PagerDuty, Inc. has a one year low of $19.51 and a one year high of $38.75. The business has a fifty day moving average price of $25.00 and a 200 day moving average price of $24.85.

PagerDuty (NYSE:PDGet Rating) last posted its quarterly earnings results 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). The company had revenue of $94.20 million during the quarter, compared to analysts’ expectations of $92.77 million. PagerDuty had a negative return on equity of 47.15% and a negative net margin of 38.11%. Equities analysts predict that PagerDuty, Inc. will post -1.3 EPS for the current year.

Institutional Trading of PagerDuty

A number of institutional investors and hedge funds have recently bought and sold shares of PD. Goldman Sachs Group Inc. grew its holdings in shares of PagerDuty by 47.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,099,664 shares of the company’s stock valued at $37,598,000 after buying an additional 353,682 shares during the last quarter. GMT Capital Corp purchased a new position in shares of PagerDuty in the second quarter worth $7,471,000. Allspring Global Investments Holdings LLC raised its stake in shares of PagerDuty by 36.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,034,648 shares of the company’s stock worth $27,480,000 after purchasing an additional 274,759 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of PagerDuty during the first quarter valued at $8,527,000. Finally, Great West Life Assurance Co. Can purchased a new stake in shares of PagerDuty during the third quarter valued at $4,847,000. 90.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Canaccord Genuity Group dropped their price target on shares of PagerDuty from $32.00 to $31.00 in a research report on Monday, December 5th. Royal Bank of Canada reduced their price target on PagerDuty from $38.00 to $32.00 and set an “outperform” rating on the stock in a report on Monday, November 28th. Craig Hallum dropped their price objective on PagerDuty to $32.00 in a report on Friday, December 2nd. Morgan Stanley upgraded PagerDuty from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $32.00 to $36.00 in a research report on Friday, January 20th. Finally, Truist Financial decreased their target price on PagerDuty from $35.00 to $30.00 in a report on Wednesday, October 26th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $33.27.

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

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