PagerDuty, Inc. (NYSE:PD) CEO Sells $2,690,461.72 in Stock

PagerDuty, Inc. (NYSE:PD) CEO Jennifer Tejada sold 68,182 shares of PagerDuty stock in a transaction that occurred on Monday, October 11th. The shares were sold at an average price of $39.46, for a total transaction of $2,690,461.72. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

  • On Friday, September 10th, Jennifer Tejada sold 68,182 shares of PagerDuty stock. The shares were sold at an average price of $44.44, for a total transaction of $3,030,008.08.
  • On Monday, August 9th, Jennifer Tejada sold 68,181 shares of PagerDuty stock. The shares were sold at an average price of $42.43, for a total transaction of $2,892,919.83.

Shares of PD stock traded up $1.12 on Wednesday, hitting $41.25. 787,964 shares of the stock traded hands, compared to its average volume of 1,356,829. The firm’s 50-day moving average price is $42.70 and its two-hundred day moving average price is $41.36. The company has a debt-to-equity ratio of 0.98, a quick ratio of 3.48 and a current ratio of 3.48. The stock has a market capitalization of $3.51 billion, a PE ratio of -35.87 and a beta of 1.30. PagerDuty, Inc. has a twelve month low of $25.90 and a twelve month high of $58.36.

PagerDuty (NYSE:PD) last issued its quarterly earnings data on Wednesday, September 1st. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.02. The firm had revenue of $67.54 million for the quarter, compared to analyst estimates of $65.55 million. PagerDuty had a negative net margin of 38.90% and a negative return on equity of 27.60%. PagerDuty’s revenue was up 33.2% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.04) EPS. On average, equities research analysts anticipate that PagerDuty, Inc. will post -1.08 EPS for the current fiscal year.

Several equities research analysts have issued reports on the stock. Morgan Stanley lifted their target price on shares of PagerDuty from $50.00 to $54.00 and gave the stock an “equal weight” rating in a research note on Friday, September 3rd. Evercore ISI raised shares of PagerDuty to an “outperform” rating and lifted their target price for the stock from $37.00 to $69.00 in a research note on Wednesday, June 23rd. Royal Bank of Canada lifted their target price on shares of PagerDuty from $50.00 to $59.00 and gave the stock an “outperform” rating in a research note on Friday, September 3rd. Craig Hallum lifted their target price on shares of PagerDuty from $54.00 to $62.00 and gave the stock a “buy” rating in a research note on Friday, September 3rd. Finally, JPMorgan Chase & Co. lifted their target price on shares of PagerDuty from $47.00 to $52.00 and gave the stock an “overweight” rating in a research note on Friday, September 3rd. One analyst has rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $53.85.

Institutional investors and hedge funds have recently modified their holdings of the stock. The PNC Financial Services Group Inc. raised its holdings in PagerDuty by 85.6% in the 1st quarter. The PNC Financial Services Group Inc. now owns 620 shares of the company’s stock valued at $26,000 after buying an additional 286 shares during the period. Bessemer Group Inc. raised its holdings in PagerDuty by 211.9% in the 1st quarter. Bessemer Group Inc. now owns 736 shares of the company’s stock valued at $30,000 after buying an additional 500 shares during the period. First Horizon Advisors Inc. raised its holdings in PagerDuty by 63.0% in the 2nd quarter. First Horizon Advisors Inc. now owns 735 shares of the company’s stock valued at $30,000 after buying an additional 284 shares during the period. Advisory Services Network LLC purchased a new stake in PagerDuty in the 2nd quarter valued at about $38,000. Finally, Canada Pension Plan Investment Board purchased a new stake in PagerDuty in the 2nd quarter valued at about $53,000. Hedge funds and other institutional investors own 96.21% of the company’s stock.

About PagerDuty

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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