PagerDuty (NYSE:PD) Stock: Insider Jennifer Tejada Sells 8,000 Shares

PagerDuty (NYSE:PD – Get Free Report) insider Jennifer Tejada sold 8,000 shares of the business’s stock in a transaction that occurred on Thursday, September 24th. The shares were sold at an average price of $15.00, for a total value of $120,000.00. Following the sale, the insider owned 1,670,251 shares of the company’s stock, valued at approximately $25,053,765. This represents a 0.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

PagerDuty Stock Up 0.6%

NYSE PD traded up $0.09 during mid-day trading on Monday, hitting $14.47. The company’s stock had a trading volume of 1,301,119 shares, compared to its average volume of 2,381,246. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 7.23, a PEG ratio of 2.23 and a beta of 0.96. The company’s 50 day simple moving average is $12.40 and its 200 day simple moving average is $9.44. PagerDuty has a twelve month low of $5.70 and a twelve month high of $16.91. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 1.71.

PagerDuty (NYSE:PD – Get Free Report) last posted its earnings results on Thursday, August 27th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.31 by $0.01. The company had revenue of $124.44 million during the quarter, compared to the consensus estimate of $123.27 million. PagerDuty had a net margin of 37.50% and a return on equity of 18.52%. The firm’s revenue for the quarter was up .8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.30 earnings per share. PagerDuty has set its FY 2027 guidance at 1.330-1.370 EPS and its Q3 2027 guidance at 0.340-0.360 EPS. Analysts anticipate that PagerDuty will post 0.69 earnings per share for the current year.

Institutional Trading of PagerDuty

Hedge funds have recently bought and sold shares of the company. Sequoia Financial Advisors LLC bought a new stake in shares of PagerDuty in the 2nd quarter worth approximately $161,000. Integrated Wealth Concepts LLC bought a new position in shares of PagerDuty during the second quarter valued at about $105,000. IFP Advisors Inc increased its holdings in shares of PagerDuty by 68.8% in the second quarter. IFP Advisors Inc now owns 2,862 shares of the company’s stock worth $28,000 after buying an additional 1,166 shares during the period. Allworth Financial LP boosted its holdings in PagerDuty by 92.7% during the 2nd quarter. Allworth Financial LP now owns 9,549 shares of the company’s stock valued at $92,000 after acquiring an additional 4,593 shares during the period. Finally, Allianz Asset Management GmbH purchased a new position in PagerDuty in the 2nd quarter worth approximately $114,000. Institutional investors own 97.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on PD shares. Royal Bank Of Canada raised their target price on PagerDuty from $9.00 to $12.00 and gave the company a “sector perform” rating in a research report on Friday, August 14th. Morgan Stanley raised their target price on PagerDuty from $9.00 to $10.00 and gave the stock an “underweight” rating in a research note on Friday, August 28th. UBS Group set a $13.50 price objective on shares of PagerDuty in a research note on Wednesday, August 26th. TD Cowen reissued a “buy” rating on shares of PagerDuty in a report on Wednesday, August 26th. Finally, Wall Street Zen downgraded PagerDuty from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $12.56.

Check Out Our Latest Stock Report on PD

About PagerDuty

(Get Free Report)

PagerDuty, Inc provides a digital operations management platform designed to help organizations detect, respond to and resolve critical issues across their technology and business operations. Its platform brings together data from applications, infrastructure, cloud environments and other systems to help teams manage incidents and maintain the reliability of digital services.

The company’s offerings include incident management, AIOps, workflow automation and customer service operations capabilities.

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