PagerDuty (NYSE:PD) Stock: Insider Jennifer Tejada Sells 5,945 Shares

PagerDuty (NYSE:PD) insider Jennifer Tejada sold 5,945 shares of the firm’s stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $18.00, for a total transaction of $107,010.00. Following the completion of the sale, the insider owned 1,431,596 shares of the company’s stock, valued at $25,768,728. This trade represents a 0.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through 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 Thursday, October 15th, Jennifer Tejada sold 57,500 shares of PagerDuty stock. The shares were sold at an average price of $17.16, for a total transaction of $986,700.00.
• On Wednesday, September 30th, Jennifer Tejada sold 107,000 shares of PagerDuty stock. The stock was 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 shares were sold at an average price of $15.00, for a total value of $120,000.00.

PagerDuty Stock Down 2.7%

NYSE PD traded down $0.47 on Friday, hitting $16.91. 1,376,843 shares of the stock traded hands, compared to its average volume of 2,299,967. The company has a market capitalization of $1.33 billion, a P/E ratio of 8.46, a price-to-earnings-growth ratio of 2.78 and a beta of 0.97. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 1.71. The stock has a 50-day moving average of $15.01 and a 200 day moving average of $10.16. PagerDuty has a twelve month low of $5.70 and a twelve month high of $18.06.

PagerDuty (NYSE:PD) last posted its quarterly earnings results on Thursday, August 27th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. The business had revenue of $124.44 million for the quarter, compared to the consensus estimate of $123.27 million. PagerDuty had a net margin of 37.50% and a return on equity of 18.52%. PagerDuty’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the prior year, the business 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. As a group, analysts expect that PagerDuty will post 0.69 earnings per share for the current fiscal year.

Hedge Funds Weigh In On PagerDuty

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Nisa Investment Advisors LLC grew its position 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 worth $55,000 after buying an additional 1,013 shares during the last quarter. IFP Advisors Inc raised its holdings in shares of PagerDuty by 68.8% during the second quarter. IFP Advisors Inc now owns 2,862 shares of the company’s stock valued at $28,000 after acquiring an additional 1,166 shares during the last quarter. Versant Capital Management Inc lifted its stake in PagerDuty by 51.5% during 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 purchased a new stake in PagerDuty during the third quarter worth approximately $38,000. Finally, Signaturefd LLC lifted its holdings in PagerDuty by 28.4% in the third quarter. Signaturefd LLC now owns 12,370 shares of the company’s stock valued at $187,000 after acquiring an additional 2,736 shares during the period. Institutional investors own 97.26% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PD. Royal Bank Of Canada boosted their price objective on PagerDuty from $9.00 to $12.00 and gave the company a “sector perform” rating in a research report on Friday, August 14th. UBS Group set a $13.50 target price on shares of PagerDuty in a report on Wednesday, August 26th. Canaccord Genuity Group increased their target price on PagerDuty from $10.00 to $15.00 and gave the company a “buy” rating in a report on Friday, August 28th. Weiss Ratings raised PagerDuty from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, September 18th. Finally, TD Cowen reiterated a “buy” rating on shares of PagerDuty in a report on Wednesday, August 26th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, PagerDuty currently has a consensus rating of “Hold” and a consensus price target of $12.56.

PagerDuty Company Profile

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.