Dylan Allread Sells 9,981 Shares of Wag! Group Co. (NASDAQ:PET) Stock

Wag! Group Co. (NASDAQ:PET) COO Dylan Allread sold 9,981 shares of the company’s stock in a transaction on Friday, April 19th. The stock was sold at an average price of $2.08, for a total transaction of $20,760.48. Following the completion of the transaction, the chief operating officer now directly owns 439,555 shares of the company’s stock, valued at $914,274.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Dylan Allread also recently made the following trade(s):

• On Wednesday, April 17th, Dylan Allread sold 35,855 shares of Wag! Group stock. The stock was sold at an average price of $2.12, for a total transaction of $76,012.60.
• On Monday, April 15th, Dylan Allread sold 700 shares of Wag! Group stock. The stock was sold at an average price of $2.07, for a total transaction of $1,449.00.
• On Wednesday, March 20th, Dylan Allread sold 3,429 shares of Wag! Group stock. The stock was sold at an average price of $1.97, for a total transaction of $6,755.13.
• On Monday, March 18th, Dylan Allread sold 1,564 shares of Wag! Group stock. The stock was sold at an average price of $2.01, for a total transaction of $3,143.64.
• On Thursday, March 14th, Dylan Allread sold 4,887 shares of Wag! Group stock. The stock was sold at an average price of $2.03, for a total transaction of $9,920.61.
• On Tuesday, February 20th, Dylan Allread sold 9,195 shares of Wag! Group stock. The stock was sold at an average price of $2.13, for a total transaction of $19,585.35.
• On Wednesday, February 14th, Dylan Allread sold 23,008 shares of Wag! Group stock. The stock was sold at an average price of $2.05, for a total transaction of $47,166.40.

Wag! Group Price Performance

Wag! Group stock opened at $2.11 on Friday. The firm has a 50-day moving average of $2.07 and a 200-day moving average of $1.88. Wag! Group Co. has a one year low of $1.59 and a one year high of $2.70. The company has a debt-to-equity ratio of 15.59, a quick ratio of 1.73 and a current ratio of 1.73.

Wag! Group (NASDAQ:PET) last posted its quarterly earnings data on Wednesday, February 14th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.04). Wag! Group had a negative return on equity of 275.90% and a negative net margin of 15.87%. The business had revenue of $21.67 million for the quarter, compared to analyst estimates of $20.70 million. On average, equities analysts anticipate that Wag! Group Co. will post -0.14 earnings per share for the current year.

Institutional Investors Weigh In On Wag! Group

Several hedge funds have recently bought and sold shares of PET. Jane Street Group LLC acquired a new stake in Wag! Group in the 3rd quarter valued at about $43,000. SVB Financial Group acquired a new stake in Wag! Group in the 4th quarter valued at about $130,000. Rockefeller Capital Management L.P. acquired a new stake in Wag! Group in the 4th quarter valued at about $38,000. Cerity Partners LLC acquired a new stake in Wag! Group in the 1st quarter valued at about $78,000. Finally, CIBC Asset Management Inc bought a new position in Wag! Group in the 1st quarter valued at about $47,000. 86.16% of the stock is currently owned by institutional investors and hedge funds.

About Wag! Group

Wag! Group Co develops and supports a proprietary marketplace technology platform available as a website and mobile app that enables independent pet caregivers to connect with pet parents. Its platform allows pet parents, who require specific pet care services, such as dog walking, pet sitting and boarding, advice from licensed pet experts, home visits, training, and pet insurance comparison tools.