PagerDuty, Inc. (NYSE:PD) CEO Sells $2,125,232.94 in Stock

PagerDuty, Inc. (NYSE:PDGet Rating) CEO Jennifer Tejada sold 68,182 shares of the firm’s stock in a transaction dated Monday, April 11th. The shares were sold at an average price of $31.17, for a total value of $2,125,232.94. Following the transaction, the chief executive officer now owns 897,974 shares of the company’s stock, valued at approximately $27,989,849.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Wednesday, March 9th, Jennifer Tejada sold 68,182 shares of PagerDuty stock. The shares were sold at an average price of $30.27, for a total value of $2,063,869.14.
  • On Wednesday, February 9th, Jennifer Tejada sold 68,182 shares of PagerDuty stock. The shares were sold at an average price of $33.67, for a total value of $2,295,687.94.

NYSE PD traded up $1.45 during trading on Wednesday, hitting $34.22. The stock had a trading volume of 692,306 shares, compared to its average volume of 1,443,920. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.84 and a current ratio of 2.84. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of -26.94 and a beta of 1.17. PagerDuty, Inc. has a one year low of $24.02 and a one year high of $50.33. The stock has a 50 day simple moving average of $32.70 and a 200 day simple moving average of $35.42.

PagerDuty (NYSE:PDGet Rating) last announced its quarterly earnings data on Wednesday, March 16th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.20) by ($0.14). PagerDuty had a negative return on equity of 38.39% and a negative net margin of 38.19%. The firm had revenue of $78.51 million during the quarter, compared to the consensus estimate of $76.08 million. During the same period in the previous year, the business earned ($0.27) EPS. The firm’s revenue for the quarter was up 32.4% on a year-over-year basis. On average, sell-side analysts predict that PagerDuty, Inc. will post -1.18 EPS for the current year.

A number of brokerages have recently weighed in on PD. Raymond James upgraded PagerDuty to an “outperform” rating and set a $62.50 price objective for the company in a research report on Tuesday, January 18th. Monness Crespi & Hardt lifted their price target on PagerDuty from $40.00 to $44.00 in a research report on Thursday, March 17th. Royal Bank of Canada lifted their price target on PagerDuty from $45.00 to $46.00 and gave the stock an “outperform” rating in a research report on Thursday, March 17th. Zacks Investment Research lowered PagerDuty from a “hold” rating to a “sell” rating in a research report on Tuesday, March 22nd. Finally, Craig Hallum dropped their price target on PagerDuty from $52.00 to $45.00 in a research report on Thursday, March 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, PagerDuty has a consensus rating of “Buy” and a consensus price target of $53.13.

Institutional investors have recently bought and sold shares of the company. Icapital Wealth LLC bought a new stake in shares of PagerDuty during the first quarter valued at approximately $28,000. First Horizon Advisors Inc. increased its holdings in PagerDuty by 58.9% during the third quarter. First Horizon Advisors Inc. now owns 1,168 shares of the company’s stock valued at $308,000 after buying an additional 433 shares during the period. Dark Forest Capital Management LP purchased a new position in PagerDuty during the third quarter valued at approximately $73,000. Point72 Hong Kong Ltd purchased a new position in PagerDuty during the fourth quarter valued at approximately $72,000. Finally, Penserra Capital Management LLC purchased a new position in PagerDuty during the third quarter valued at approximately $86,000. 90.47% of the stock is owned by hedge funds and other institutional investors.

About PagerDuty (Get Rating)

PagerDuty, Inc operates a digital operations management platform in the United States 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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