Wag! Group Co. (NASDAQ:PET) COO Sells $76,012.60 in Stock

Wag! Group Co. (NASDAQ:PET) COO Dylan Allread sold 35,855 shares of the firm’s stock in a transaction that occurred on Wednesday, April 17th. The shares were sold at an average price of $2.12, for a total transaction of $76,012.60. Following the completion of the sale, the chief operating officer now owns 439,555 shares of the company’s stock, valued at $931,856.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Friday, April 19th, Dylan Allread sold 9,981 shares of Wag! Group stock. The shares were sold at an average price of $2.08, for a total transaction of $20,760.48.
• On Monday, April 15th, Dylan Allread sold 700 shares of Wag! Group stock. The shares were 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 shares were 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 shares were 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 shares were 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.
• On Thursday, January 18th, Dylan Allread sold 26,703 shares of Wag! Group stock. The stock was sold at an average price of $1.67, for a total transaction of $44,594.01.

Wag! Group Trading Up 1.4 %

NASDAQ:PET opened at $2.11 on Friday. Wag! Group Co. has a 12 month low of $1.59 and a 12 month high of $2.70. The firm has a fifty day simple moving average of $2.07 and a 200-day simple moving average of $1.88. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 15.59. The company has a market capitalization of $85.12 million, a P/E ratio of -6.03 and a beta of 2.33.

Wag! Group (NASDAQ:PET) last posted its quarterly earnings data on Wednesday, February 14th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate 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 company had revenue of $21.67 million for the quarter, compared to analyst estimates of $20.70 million. On average, equities research analysts anticipate that Wag! Group Co. will post -0.14 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in PET. Jane Street Group LLC purchased a new position in shares of Wag! Group during the third quarter worth $43,000. SVB Financial Group purchased a new position in shares of Wag! Group during the fourth quarter worth $130,000. Rockefeller Capital Management L.P. purchased a new position in Wag! Group in the fourth quarter valued at $38,000. Cerity Partners LLC purchased a new position in Wag! Group in the first quarter valued at $78,000. Finally, CIBC Asset Management Inc purchased a new position in Wag! Group in the first quarter valued at $47,000. Hedge funds and other institutional investors own 86.16% of the company’s stock.

Wag! Group Company Profile

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.