PagerDuty (NYSE:PD) Director Dan Alexandru Solomon Sells 266,667 Shares

Key Points

  • Director Dan Alexandru Solomon sold 266,667 shares on Dec. 30 at an average price of $13.35 for proceeds of about $3.56M, reducing his stake by 10.04% to 2,389,665 shares (≈$31.9M value).
  • PagerDuty beat quarterly EPS expectations, reporting $0.33 vs. $0.24 consensus with revenue of $124.55M (up 4.7% YoY), and set FY2026 guidance of $1.110–$1.120 EPS and Q4 2026 guidance of $0.240–$0.250.
  • Analysts have mixed ratings (average consensus "Hold") with a mean target of $17.18; the stock has a $1.20B market cap and a 52-week range of $11.13–$20.00.

PagerDuty (NYSE:PD - Get Free Report) Director Dan Alexandru Solomon sold 266,667 shares of the business's stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $13.35, for a total transaction of $3,560,004.45. Following the sale, the director directly owned 2,389,665 shares of the company's stock, valued at approximately $31,902,027.75. The trade was a 10.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

PagerDuty Price Performance

Shares of NYSE PD opened at $13.09 on Thursday. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 8.18, a PEG ratio of 4.27 and a beta of 0.69. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.37 and a current ratio of 2.37. PagerDuty has a fifty-two week low of $11.13 and a fifty-two week high of $20.00. The firm's 50-day simple moving average is $14.04 and its 200 day simple moving average is $15.17.

PagerDuty (NYSE:PD - Get Free Report) last issued its quarterly earnings data on Tuesday, November 25th. The company reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.09. PagerDuty had a return on equity of 10.27% and a net margin of 31.12%.The firm had revenue of $124.55 million during the quarter, compared to analyst estimates of $124.92 million. During the same period in the previous year, the company posted $0.26 EPS. The company's revenue for the quarter was up 4.7% on a year-over-year basis. PagerDuty has set its FY 2026 guidance at 1.110-1.120 EPS and its Q4 2026 guidance at 0.240-0.250 EPS. As a group, research analysts anticipate that PagerDuty will post -0.27 earnings per share for the current fiscal year.

Hedge Funds Weigh In On PagerDuty




A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vestmark Advisory Solutions Inc. raised its position in PagerDuty by 91.3% in the second quarter. Vestmark Advisory Solutions Inc. now owns 391,215 shares of the company's stock worth $5,978,000 after acquiring an additional 186,751 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of PagerDuty during the 2nd quarter worth approximately $246,000. Campbell & CO Investment Adviser LLC purchased a new stake in shares of PagerDuty during the 2nd quarter worth approximately $320,000. Versor Investments LP bought a new stake in shares of PagerDuty in the 2nd quarter worth approximately $385,000. Finally, Acadian Asset Management LLC lifted its stake in PagerDuty by 806.4% in the second quarter. Acadian Asset Management LLC now owns 514,724 shares of the company's stock valued at $7,853,000 after purchasing an additional 457,934 shares during the last quarter. 97.26% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on PD shares. Truist Financial dropped their price objective on PagerDuty from $23.00 to $20.00 and set a "buy" rating on the stock in a research note on Wednesday, November 19th. Weiss Ratings reissued a "sell (d+)" rating on shares of PagerDuty in a research report on Monday. Craig Hallum cut shares of PagerDuty from a "buy" rating to a "hold" rating and cut their price target for the stock from $20.00 to $15.00 in a report on Wednesday, November 26th. Royal Bank Of Canada reduced their price objective on shares of PagerDuty from $18.00 to $17.00 and set an "outperform" rating for the company in a research report on Wednesday, November 26th. Finally, Canaccord Genuity Group reiterated a "buy" rating and issued a $19.00 price objective on shares of PagerDuty in a research note on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $17.18.

View Our Latest Stock Analysis on PD

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. Its platform includes PagerDuty Incident Management that provides a real-time view across the status of a digital service while incorporating noise reduction to remove false positives; AIOps that applies machine learning to correlate and automate the identification of incidents from billions of events; Process Automation offers centralized design time and run time environment for orchestrating automated workflows that span across departments, technologies, and networks; Customer Service Operations, which is offered to orchestrate, automate, and scale responses to customer impacting issues.

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