PagerDuty, Inc. (NYSE:PD) CFO Sells $520,203.33 in Stock

PagerDuty, Inc. (NYSE:PD) CFO Howard Wilson sold 11,537 shares of PagerDuty stock in a transaction on Tuesday, September 14th. The shares were sold at an average price of $45.09, for a total value of $520,203.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Howard Wilson also recently made the following trade(s):

  • On Wednesday, June 23rd, Howard Wilson sold 6,830 shares of PagerDuty stock. The shares were sold at an average price of $45.15, for a total value of $308,374.50.

NYSE PD opened at $47.49 on Friday. The company has a quick ratio of 3.48, a current ratio of 3.48 and a debt-to-equity ratio of 0.98. PagerDuty, Inc. has a fifty-two week low of $23.76 and a fifty-two week high of $58.36. The business has a 50 day moving average price of $42.00 and a two-hundred day moving average price of $41.02. The stock has a market cap of $4.04 billion, a PE ratio of -41.30 and a beta of 1.30.

PagerDuty (NYSE:PD) last posted its earnings results on Wednesday, September 1st. The company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.02. The business had revenue of $67.54 million for the quarter, compared to analysts’ expectations of $65.55 million. PagerDuty had a negative net margin of 38.90% and a negative return on equity of 27.60%. The business’s revenue for the quarter was up 33.2% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.04) earnings per share. Sell-side analysts anticipate that PagerDuty, Inc. will post -1.08 EPS for the current fiscal year.

PD has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded shares of PagerDuty from a “hold” rating to a “sell” rating in a report on Thursday, September 9th. Royal Bank of Canada boosted their price objective on shares of PagerDuty from $50.00 to $59.00 and gave the company an “outperform” rating in a research note on Friday, September 3rd. Robert W. Baird increased their target price on PagerDuty from $53.00 to $60.00 and gave the stock an “outperform” rating in a research report on Friday, September 3rd. They noted that the move was a valuation call. Morgan Stanley boosted their price target on PagerDuty from $50.00 to $54.00 and gave the company an “equal weight” rating in a research report on Friday, September 3rd. Finally, Evercore ISI upgraded PagerDuty to an “outperform” rating and raised their price objective for the stock from $37.00 to $69.00 in a report on Wednesday, June 23rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $52.07.

A number of hedge funds have recently modified their holdings of the business. The PNC Financial Services Group Inc. increased its holdings in PagerDuty by 85.6% during the 1st quarter. The PNC Financial Services Group Inc. now owns 620 shares of the company’s stock worth $26,000 after purchasing an additional 286 shares during the last quarter. Bessemer Group Inc. grew its position in shares of PagerDuty by 211.9% during the first quarter. Bessemer Group Inc. now owns 736 shares of the company’s stock worth $30,000 after buying an additional 500 shares in the last quarter. First Horizon Advisors Inc. grew its position in shares of PagerDuty by 63.0% during the second quarter. First Horizon Advisors Inc. now owns 735 shares of the company’s stock worth $30,000 after buying an additional 284 shares in the last quarter. Banque Cantonale Vaudoise acquired a new stake in PagerDuty in the first quarter valued at $32,000. Finally, Advisory Services Network LLC bought a new position in PagerDuty during the 2nd quarter valued at $38,000. Hedge funds and other institutional investors own 96.21% of the company’s stock.

PagerDuty Company Profile

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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