PagerDuty (NYSE:PD) Stock: Insider Jennifer Tejada Sells 5,945 Shares

PagerDuty (NYSE:PD) insider Jennifer Tejada sold 5,945 shares of the company’s stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $18.00, for a total value of $107,010.00. Following the sale, the insider owned 1,431,596 shares in the company, valued at approximately $25,768,728. This trade represents a 0.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, October 15th, Jennifer Tejada sold 57,500 shares of PagerDuty stock. The shares were sold at an average price of $17.16, for a total value of $986,700.00.
• On Wednesday, September 30th, Jennifer Tejada sold 107,000 shares of PagerDuty stock. The shares were sold at an average price of $15.11, for a total value of $1,616,770.00.
• On Thursday, September 24th, Jennifer Tejada sold 8,000 shares of PagerDuty stock. The stock was sold at an average price of $15.00, for a total value of $120,000.00.

PagerDuty Stock Down 2.7%

Shares of PD opened at $16.91 on Friday. The company has a quick ratio of 2.02, a current ratio of 2.02 and a debt-to-equity ratio of 1.71. The business has a fifty day moving average of $15.10 and a 200 day moving average of $10.18. The company has a market cap of $1.33 billion, a PE ratio of 8.46, a P/E/G ratio of 2.62 and a beta of 0.97. PagerDuty has a 52-week low of $5.70 and a 52-week high of $18.06.

PagerDuty (NYSE:PD) last posted its quarterly earnings data on Thursday, August 27th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. PagerDuty had a net margin of 37.50% and a return on equity of 18.52%. The business had revenue of $124.44 million for the quarter, compared to analysts’ expectations of $123.27 million. During the same quarter in the previous year, the business posted $0.30 earnings per share. The business’s revenue was up .8% compared to the same quarter last year. PagerDuty has set its FY 2027 guidance at 1.330-1.370 EPS and its Q3 2027 guidance at 0.340-0.360 EPS. On average, sell-side analysts expect that PagerDuty will post 0.69 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. CoreCap Advisors LLC purchased a new position in PagerDuty during the 3rd quarter valued at about $38,000. IFP Advisors Inc lifted its position in shares of PagerDuty by 68.8% in the 2nd quarter. IFP Advisors Inc now owns 2,862 shares of the company’s stock worth $28,000 after purchasing an additional 1,166 shares during the period. Versant Capital Management Inc lifted its position in shares of PagerDuty by 51.5% in the 3rd quarter. Versant Capital Management Inc now owns 3,494 shares of the company’s stock worth $53,000 after purchasing an additional 1,187 shares during the period. Nisa Investment Advisors LLC boosted its stake in shares of PagerDuty by 38.5% during the third quarter. Nisa Investment Advisors LLC now owns 3,641 shares of the company’s stock valued at $55,000 after purchasing an additional 1,013 shares in the last quarter. Finally, WealthCollab LLC bought a new position in shares of PagerDuty during the first quarter valued at approximately $25,000. Institutional investors own 97.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on PD shares. Weiss Ratings raised shares of PagerDuty from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, September 18th. Wall Street Zen downgraded shares of PagerDuty from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Truist Financial upped their target price on PagerDuty from $11.00 to $13.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Morgan Stanley increased their price target on PagerDuty from $9.00 to $10.00 and gave the stock an “underweight” rating in a report on Friday, August 28th. Finally, Canaccord Genuity Group raised their price target on PagerDuty from $10.00 to $15.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $12.56.

About PagerDuty

PagerDuty, Inc is a technology company that provides digital operations management software for organizations. Its platform helps businesses detect, triage and respond to operational issues affecting applications, infrastructure, services and customer experiences.

The company’s products include incident response, event intelligence, AIOps, process automation and customer service operations capabilities. PagerDuty integrates with monitoring, development, collaboration and information technology tools to help teams centralize alerts, automate workflows, coordinate responses and reduce the impact of service disruptions.

Founded in 2009, PagerDuty is headquartered in San Francisco and serves organizations across multiple industries and geographic markets worldwide.