PagerDuty, Inc. (NYSE:PD – Get Rating) SVP Shelley Webb sold 6,316 shares of the company's stock in a transaction that occurred on Friday, January 27th. The shares were sold at an average price of $30.00, for a total value of $189,480.00. Following the completion of the transaction, the senior vice president now owns 140,923 shares in the company, valued at $4,227,690. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
PagerDuty Stock Up 4.2 %
PagerDuty stock opened at $32.11 on Friday. PagerDuty, Inc. has a twelve month low of $19.51 and a twelve month high of $38.75. The stock's fifty day simple moving average is $25.96 and its 200-day simple moving average is $25.02. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $2.89 billion, a P/E ratio of -21.12 and a beta of 0.92.
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PagerDuty (NYSE:PD – Get Rating) last posted its quarterly earnings data on Thursday, December 1st. The company reported ($0.31) earnings per share for the quarter, missing analysts' consensus estimates of ($0.28) by ($0.03). PagerDuty had a negative return on equity of 47.15% and a negative net margin of 38.11%. The company had revenue of $94.20 million for the quarter, compared to analysts' expectations of $92.77 million. As a group, equities analysts expect that PagerDuty, Inc. will post -1.3 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of research analysts recently commented on PD shares. Robert W. Baird decreased their price objective on PagerDuty from $35.00 to $32.00 in a report on Friday, December 2nd. Canaccord Genuity Group decreased their price target on PagerDuty from $32.00 to $31.00 in a research note on Monday, December 5th. Truist Financial decreased their price target on PagerDuty from $35.00 to $30.00 in a research note on Wednesday, October 26th. Royal Bank of Canada decreased their price target on PagerDuty from $38.00 to $32.00 and set an "outperform" rating on the stock in a research note on Monday, November 28th. Finally, Craig Hallum decreased their price target on PagerDuty to $32.00 in a research note on Friday, December 2nd. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $33.91.
Hedge Funds Weigh In On PagerDuty
Large investors have recently bought and sold shares of the business. First Horizon Advisors Inc. purchased a new position in PagerDuty in the second quarter valued at $85,000. Axxcess Wealth Management LLC increased its holdings in PagerDuty by 15.2% in the second quarter. Axxcess Wealth Management LLC now owns 14,503 shares of the company's stock valued at $359,000 after buying an additional 1,910 shares during the last quarter. Transatlantique Private Wealth LLC purchased a new position in PagerDuty in the second quarter valued at $389,000. State of New Jersey Common Pension Fund D increased its holdings in PagerDuty by 18.3% in the second quarter. State of New Jersey Common Pension Fund D now owns 94,971 shares of the company's stock valued at $2,353,000 after buying an additional 14,692 shares during the last quarter. Finally, Seaport Global Advisors LLC purchased a new position in PagerDuty in the second quarter valued at $89,000. Hedge funds and other institutional investors own 90.66% of the company's stock.
PagerDuty Company Profile
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PagerDuty, Inc operates a digital operations management platform. It provides incident management solution that integrates with information technology Ops and DevOps monitoring stacks to improve operational reliability and agility. The firm collect machine generated data from virtually any software-enabled system or device, combine it with human response data, correlating and interpreting this data to understand issues and opportunities that need to be addressed in real-time.
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