Wag! Group (PET) Set to Announce Earnings on Wednesday

Wag! Group (NASDAQ:PET) will be posting its quarterly earnings results before the market opens on Wednesday, November 13th. Analysts expect Wag! Group to post earnings of ($0.04) per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Wag! Group Price Performance

NASDAQ PET opened at $0.65 on Tuesday. Wag! Group has a 1 year low of $0.56 and a 1 year high of $2.47. The business’s 50-day moving average is $0.80 and its 200 day moving average is $1.25.

Insider Transactions at Wag! Group

In other news, CFO Alec Davidian sold 36,204 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $0.72, for a total value of $26,066.88. Following the sale, the chief financial officer now directly owns 839,400 shares of the company’s stock, valued at $604,368. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CFO Alec Davidian sold 36,204 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $0.72, for a total value of $26,066.88. Following the completion of the transaction, the chief financial officer now directly owns 839,400 shares in the company, valued at $604,368. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder John P. Szabo, Jr. acquired 50,000 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The stock was purchased at an average price of $0.93 per share, with a total value of $46,500.00. Following the completion of the acquisition, the insider now owns 3,250,000 shares in the company, valued at $3,022,500. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 251,727 shares of company stock valued at $188,048 in the last ninety days. 23.20% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have weighed in on PET. Roth Mkm cut their price objective on Wag! Group from $4.00 to $3.50 and set a “buy” rating on the stock in a research report on Tuesday, July 16th. Oppenheimer cut their price objective on Wag! Group from $6.00 to $3.00 and set an “outperform” rating on the stock in a research report on Friday, August 9th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $4.40.

About Wag! Group

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.