Wag! Group Co. (NASDAQ:PET - Get Free Report) CTO Maziar Arjomand sold 5,870 shares of the stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $2.14, for a total transaction of $12,561.80. Following the completion of the sale, the chief technology officer now directly owns 911,651 shares of the company's stock, valued at approximately $1,950,933.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Maziar Arjomand also recently made the following trade(s):
- On Friday, April 5th, Maziar Arjomand sold 4,223 shares of Wag! Group stock. The shares were sold at an average price of $2.05, for a total transaction of $8,657.15.
- On Wednesday, April 3rd, Maziar Arjomand sold 5,166 shares of Wag! Group stock. The shares were sold at an average price of $2.03, for a total value of $10,486.98.
- On Monday, April 1st, Maziar Arjomand sold 11,908 shares of Wag! Group stock. The shares were sold at an average price of $1.96, for a total value of $23,339.68.
- On Wednesday, March 27th, Maziar Arjomand sold 8,116 shares of Wag! Group stock. The stock was sold at an average price of $1.91, for a total value of $15,501.56.
- On Monday, March 25th, Maziar Arjomand sold 13,219 shares of Wag! Group stock. The stock was sold at an average price of $1.94, for a total value of $25,644.86.
- On Tuesday, February 20th, Maziar Arjomand sold 15,240 shares of Wag! Group stock. The stock was sold at an average price of $2.13, for a total value of $32,461.20.
Wag! Group Stock Performance
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Shares of PET opened at $2.10 on Wednesday. The business's fifty day moving average price is $2.04 and its 200 day moving average price is $1.87. Wag! Group Co. has a 12-month low of $1.59 and a 12-month high of $2.70. The stock has a market capitalization of $84.84 million, a PE ratio of -6.00 and a beta of 2.33. The company has a debt-to-equity ratio of 15.59, a current ratio of 1.73 and a quick ratio of 1.73.
Wag! Group (NASDAQ:PET - Get Free Report) last posted its earnings results on Wednesday, February 14th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.04). The company had revenue of $21.67 million during the quarter, compared to the consensus estimate of $20.70 million. Wag! Group had a negative net margin of 15.87% and a negative return on equity of 275.90%. Equities research analysts forecast that Wag! Group Co. will post -0.14 EPS for the current year.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. Geode Capital Management LLC grew its holdings in Wag! Group by 5.0% during the second quarter. Geode Capital Management LLC now owns 91,676 shares of the company's stock worth $193,000 after acquiring an additional 4,406 shares during the period. Vanguard Group Inc. grew its holdings in Wag! Group by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 492,902 shares of the company's stock worth $863,000 after acquiring an additional 4,601 shares during the period. SVB Wealth LLC grew its holdings in Wag! Group by 7.7% during the first quarter. SVB Wealth LLC now owns 70,000 shares of the company's stock worth $157,000 after acquiring an additional 5,000 shares during the period. Rockefeller Capital Management L.P. acquired a new position in Wag! Group during the fourth quarter worth about $38,000. Finally, Two Sigma Securities LLC acquired a new position in Wag! Group during the second quarter worth about $44,000. 86.16% of the stock is owned by institutional investors and hedge funds.
Wag! Group Company Profile
(
Get Free Report)
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.
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