PagerDuty, Inc. (NYSE:PD) CRO Dave Justice Sells 2,812 Shares

PagerDuty, Inc. (NYSE:PDGet Rating) CRO Dave Justice sold 2,812 shares of the stock in a transaction that occurred on Tuesday, June 21st. The stock was sold at an average price of $24.89, for a total transaction of $69,990.68. Following the completion of the sale, the executive now owns 453,676 shares in the company, valued at $11,291,995.64. The transaction was disclosed in a filing with the SEC, which is available through this link.

Dave Justice also recently made the following trade(s):

  • On Thursday, March 31st, Dave Justice sold 1,737 shares of PagerDuty stock. The stock was sold at an average price of $34.97, for a total transaction of $60,742.89.
  • On Tuesday, March 29th, Dave Justice sold 1,737 shares of PagerDuty stock. The stock was sold at an average price of $37.97, for a total transaction of $65,953.89.

PagerDuty stock traded up $1.67 during trading hours on Thursday, reaching $27.17. The stock had a trading volume of 1,273,934 shares, compared to its average volume of 1,404,656. The stock has a market cap of $2.39 billion, a PE ratio of -19.69 and a beta of 1.22. PagerDuty, Inc. has a 52 week low of $21.72 and a 52 week high of $50.33. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.54 and a quick ratio of 2.54. The company has a fifty day simple moving average of $26.49 and a 200-day simple moving average of $30.66.

PagerDuty (NYSE:PDGet Rating) last announced its quarterly earnings results on Thursday, June 2nd. The company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.04. The business had revenue of $85.37 million for the quarter, compared to analyst estimates of $82.67 million. PagerDuty had a negative net margin of 38.83% and a negative return on equity of 41.92%. The company’s revenue was up 34.3% on a year-over-year basis. During the same quarter last year, the firm earned ($0.27) EPS. Research analysts predict that PagerDuty, Inc. will post -1.25 earnings per share for the current fiscal year.

Institutional investors have recently made changes to their positions in the business. Icapital Wealth LLC bought a new stake in PagerDuty in the 1st quarter worth $28,000. Lindbrook Capital LLC lifted its position in shares of PagerDuty by 65.4% in the 1st quarter. Lindbrook Capital LLC now owns 1,409 shares of the company’s stock worth $48,000 after purchasing an additional 557 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of PagerDuty by 270.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,572 shares of the company’s stock worth $53,000 after purchasing an additional 1,148 shares during the period. Dark Forest Capital Management LP purchased a new stake in shares of PagerDuty in the 3rd quarter worth about $73,000. Finally, Point72 Hong Kong Ltd purchased a new stake in shares of PagerDuty in the 4th quarter worth about $72,000. 89.33% of the stock is currently owned by institutional investors and hedge funds.

PD has been the topic of several research reports. Craig Hallum lowered their price objective on shares of PagerDuty from $45.00 to $37.00 and set a “buy” rating on the stock in a research report on Friday, June 3rd. Monness Crespi & Hardt lowered their price objective on shares of PagerDuty to $35.00 in a research report on Thursday, May 26th. Morgan Stanley lowered their price objective on shares of PagerDuty from $49.00 to $32.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 19th. Robert W. Baird lowered their price objective on shares of PagerDuty from $47.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, June 3rd. Finally, Royal Bank of Canada lowered their price objective on shares of PagerDuty from $46.00 to $41.00 in a research report on Tuesday, May 31st. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $47.38.

PagerDuty Company Profile (Get Rating)

PagerDuty, Inc operates a digital operations management platform in the United States, Japan, and internationally. Its digital operations management platform collects data digital signals from virtually any software-enabled system or device, and leverage powerful machine learning to correlate, process, and predict opportunities and issues.

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Insider Buying and Selling by Quarter for PagerDuty (NYSE:PD)

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