PagerDuty (NYSE:PD) Insider Sells $986,700.00 in Stock

by · The Markets Daily

PagerDuty (NYSE:PD – Get Free Report) insider Jennifer Tejada sold 57,500 shares of the company’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $17.16, for a total transaction of $986,700.00. Following the sale, the insider owned 1,434,541 shares of the company’s stock, valued at approximately $24,616,723.56. The trade was a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

  • On Wednesday, September 30th, Jennifer Tejada sold 107,000 shares of PagerDuty stock. The shares were sold at an average price of $15.11, for a total value of $1,616,770.00.
  • On Thursday, September 24th, Jennifer Tejada sold 8,000 shares of PagerDuty stock. The stock was sold at an average price of $15.00, for a total value of $120,000.00.

PagerDuty Price Performance

Shares of PagerDuty stock opened at $17.04 on Thursday. The company has a debt-to-equity ratio of 1.71, a current ratio of 2.02 and a quick ratio of 2.02. The business’s 50 day simple moving average is $14.36 and its two-hundred day simple moving average is $10.61. The stock has a market capitalization of $1.34 billion, a P/E ratio of 30.78, a price-to-earnings-growth ratio of 2.62 and a beta of 0.97. PagerDuty has a one year low of $5.70 and a one year high of $17.55.

PagerDuty (NYSE:PD – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. The firm had revenue of $124.44 million during the quarter, compared to analyst estimates of $123.27 million. PagerDuty had a return on equity of 18.52% and a net margin of 37.50%. The business’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior 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 forecast that PagerDuty will post 0.69 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on PD. Wall Street Zen lowered PagerDuty from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. TD Cowen reiterated a “buy” rating on shares of PagerDuty in a report on Wednesday, August 26th. UBS Group set a $13.50 price objective on shares of PagerDuty in a research report on Wednesday, August 26th. Weiss Ratings upgraded shares of PagerDuty from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, September 18th. Finally, Morgan Stanley raised their target price on shares of PagerDuty from $9.00 to $10.00 and gave the stock an “underweight” rating in a research report on Friday, August 28th. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $12.56.

Get Our Latest Research Report on PD

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Nisa Investment Advisors LLC lifted its stake in shares of PagerDuty by 38.5% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,641 shares of the company’s stock valued at $55,000 after purchasing an additional 1,013 shares during the period. IFP Advisors Inc raised its holdings in 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 purchasing an additional 1,166 shares in the last quarter. Versant Capital Management Inc raised its holdings in PagerDuty by 51.5% in the third quarter. Versant Capital Management Inc now owns 3,494 shares of the company’s stock worth $53,000 after purchasing an additional 1,187 shares in the last quarter. CoreCap Advisors LLC bought a new position in PagerDuty in the third quarter worth $38,000. Finally, WealthCollab LLC purchased a new position in PagerDuty during the first quarter valued at $25,000. Institutional investors own 97.26% of the company’s stock.

About PagerDuty

(Get Free Report)

PagerDuty, Inc is a technology company that provides digital operations management software for organizations. Its platform helps businesses detect, triage and respond to operational issues affecting applications, infrastructure, services and customer experiences.

The company’s products include incident response, event intelligence, AIOps, process automation and customer service operations capabilities. PagerDuty integrates with monitoring, development, collaboration and information technology tools to help teams centralize alerts, automate workflows, coordinate responses and reduce the impact of service disruptions.

Founded in 2009, PagerDuty is headquartered in San Francisco and serves organizations across multiple industries and geographic markets worldwide.

Recommended Stories