Wag! Group Co. (NASDAQ:PET) CTO Sells $25,644.86 in Stock

Wag! Group Co. (NASDAQ:PETGet Free Report) CTO Maziar Arjomand sold 13,219 shares of the firm’s stock in a transaction dated Monday, March 25th. The stock was sold at an average price of $1.94, for a total value of $25,644.86. Following the completion of the sale, the chief technology officer now directly owns 963,853 shares of the company’s stock, valued at approximately $1,869,874.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Maziar Arjomand also recently made the following trade(s):

  • On Tuesday, February 20th, Maziar Arjomand sold 15,240 shares of Wag! Group stock. The stock was sold at an average price of $2.13, for a total value of $32,461.20.

Wag! Group Price Performance

Shares of NASDAQ PET opened at $1.91 on Wednesday. The company has a debt-to-equity ratio of 15.59, a quick ratio of 1.73 and a current ratio of 1.73. The company has a market cap of $77.13 million, a PE ratio of -5.46 and a beta of 2.34. The business has a 50-day simple moving average of $2.01 and a two-hundred day simple moving average of $1.87. Wag! Group Co. has a fifty-two week low of $1.59 and a fifty-two week high of $2.70.

Wag! Group (NASDAQ:PETGet Free Report) last issued its quarterly earnings results on Wednesday, February 14th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.04). Wag! Group had a negative return on equity of 275.90% and a negative net margin of 15.87%. The business had revenue of $21.67 million during the quarter, compared to analyst estimates of $20.70 million. As a group, equities analysts expect that Wag! Group Co. will post -0.14 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Wag! Group by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 492,902 shares of the company’s stock worth $863,000 after purchasing an additional 4,601 shares during the last quarter. SVB Wealth LLC raised its position in Wag! Group by 100.0% during the fourth quarter. SVB Wealth LLC now owns 140,000 shares of the company’s stock valued at $245,000 after acquiring an additional 70,000 shares in the last quarter. Renaissance Technologies LLC raised its position in Wag! Group by 79.9% during the second quarter. Renaissance Technologies LLC now owns 124,265 shares of the company’s stock valued at $261,000 after acquiring an additional 55,199 shares in the last quarter. StepStone Group LP purchased a new position in Wag! Group during the third quarter valued at approximately $225,000. Finally, Bridgeway Capital Management LLC raised its position in Wag! Group by 59.4% during the fourth quarter. Bridgeway Capital Management LLC now owns 111,600 shares of the company’s stock valued at $198,000 after acquiring an additional 41,600 shares in the last quarter. 86.16% of the stock is currently owned by hedge funds and other institutional investors.

Wag! Group Company Profile

(Get Free Report)

Wag! Group Co develops and supports a proprietary marketplace technology platform available as a website and mobile app that enables independent pet caregivers to connect with pet parents. Its platform allows pet parents, who require specific pet care services, such as dog walking, pet sitting and boarding, advice from licensed pet experts, home visits, training, and pet insurance comparison tools.

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