PagerDuty, Inc. (NYSE:PD - Get Free Report) CEO Jennifer Tejada sold 12,500 shares of the company's stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $20.12, for a total transaction of $251,500.00. Following the sale, the chief executive officer now directly owns 907,631 shares in the company, valued at approximately $18,261,535.72. The trade was a 1.36 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Jennifer Tejada also recently made the following trade(s):
- On Tuesday, November 12th, Jennifer Tejada sold 18,750 shares of PagerDuty stock. The stock was sold at an average price of $20.04, for a total transaction of $375,750.00.
- On Thursday, November 7th, Jennifer Tejada sold 38,392 shares of PagerDuty stock. The shares were sold at an average price of $20.05, for a total transaction of $769,759.60.
PagerDuty Stock Performance
Shares of NYSE PD traded up $0.03 during trading on Monday, reaching $20.21. 962,199 shares of the company traded hands, compared to its average volume of 1,140,073. The stock has a market cap of $1.82 billion, a P/E ratio of -25.22 and a beta of 1.09. The firm's fifty day simple moving average is $19.43 and its 200 day simple moving average is $19.64. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 3.52. PagerDuty, Inc. has a 12-month low of $16.46 and a 12-month high of $26.70.
Analyst Upgrades and Downgrades
PD has been the topic of several analyst reports. JPMorgan Chase & Co. reissued an "underweight" rating and set a $21.00 price objective on shares of PagerDuty in a research note on Wednesday, December 11th. Bank of America cut their price objective on shares of PagerDuty from $28.00 to $23.00 and set a "buy" rating on the stock in a research report on Wednesday, September 4th. Morgan Stanley lowered their price objective on shares of PagerDuty from $24.00 to $19.00 and set an "equal weight" rating for the company in a research report on Wednesday, September 4th. Scotiabank lowered their target price on PagerDuty from $23.00 to $18.00 and set a "sector perform" rating for the company in a report on Wednesday, September 4th. Finally, Canaccord Genuity Group dropped their target price on PagerDuty from $26.00 to $24.00 and set a "buy" rating on the stock in a research note on Wednesday, September 4th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $22.09.
Check Out Our Latest Stock Report on PD
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Franklin Resources Inc. grew its stake in PagerDuty by 5.4% in the 3rd quarter. Franklin Resources Inc. now owns 32,915 shares of the company's stock valued at $614,000 after acquiring an additional 1,701 shares during the period. Geode Capital Management LLC raised its position in shares of PagerDuty by 1.8% in the third quarter. Geode Capital Management LLC now owns 2,151,314 shares of the company's stock valued at $39,915,000 after buying an additional 37,147 shares during the last quarter. Aequim Alternative Investments LP lifted its stake in shares of PagerDuty by 43.8% in the third quarter. Aequim Alternative Investments LP now owns 163,300 shares of the company's stock worth $3,029,000 after buying an additional 49,700 shares in the last quarter. Barclays PLC boosted its position in PagerDuty by 24.2% during the third quarter. Barclays PLC now owns 901,120 shares of the company's stock worth $16,716,000 after acquiring an additional 175,733 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new stake in PagerDuty during the 3rd quarter valued at about $278,000. 97.26% of the stock is owned by institutional investors and hedge funds.
About PagerDuty
(
Get Free Report)
PagerDuty, Inc engages in the operation of a digital operations management platform in the United States and internationally. The company's digital operations management platform collects data and digital signals from virtually any software-enabled system or device and leverage machine learning to correlate, process, and predict opportunities and issues.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider PagerDuty, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PagerDuty wasn't on the list.
While PagerDuty currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
