Key Points
- PagerDuty insider Jennifer Tejada sold 8,000 shares at an average price of $15, generating $120,000. The Rule 10b5-1 transaction reduced her position by 0.48%, leaving her with 1,670,251 shares.
- PagerDuty recently reported quarterly earnings of $0.32 per share, slightly above estimates, while revenue reached $124.44 million, up 0.8% year over year.
- Institutional investors own 97.26% of PagerDuty’s shares, but analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $12.56.
PagerDuty (NYSE:PD - Get Free Report) insider Jennifer Tejada sold 8,000 shares of the firm's stock in a transaction dated Thursday, September 24th. The shares were sold at an average price of $15.00, for a total value of $120,000.00. Following the completion of the sale, the insider directly owned 1,670,251 shares in the company, valued at approximately $25,053,765. The trade was a 0.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
PagerDuty Stock Up 0.6%
Shares of NYSE PD opened at $14.47 on Tuesday. PagerDuty has a 12 month low of $5.70 and a 12 month high of $16.91. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 1.71. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 7.23, a PEG ratio of 2.23 and a beta of 0.96. The business has a 50-day moving average of $12.48 and a 200-day moving average of $9.49.
PagerDuty (NYSE:PD - Get Free Report) last announced its earnings results 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. The business had revenue of $124.44 million for the quarter, compared to the consensus estimate of $123.27 million. PagerDuty had a net margin of 37.50% and a return on equity of 18.52%. PagerDuty's quarterly revenue was up .8% on a year-over-year basis. During the same period last year, the firm posted $0.30 earnings per share. PagerDuty has set its FY 2027 guidance at 1.330-1.370 EPS and its Q3 2027 guidance at 0.340-0.360 EPS. Sell-side analysts expect that PagerDuty will post 0.69 earnings per share for the current fiscal year.
Institutional Investors Weigh In On PagerDuty
Large investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP purchased a new position in shares of PagerDuty during the first quarter valued at about $6,074,000. Bank of New York Mellon Corp bought a new position in PagerDuty in the 2nd quarter valued at approximately $7,629,000. Deutsche Bank AG bought a new position in shares of PagerDuty during the second quarter valued at $5,642,000. GC Wealth Management RIA LLC bought a new position in PagerDuty during the 1st quarter valued at about $2,552,000. Finally, Ieq Capital LLC bought a new position in PagerDuty during the 2nd quarter valued at about $3,918,000. 97.26% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. Weiss Ratings upgraded shares of PagerDuty from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, September 18th. UBS Group set a $13.50 target price on shares of PagerDuty in a research report on Wednesday, August 26th. Truist Financial increased 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. Wall Street Zen downgraded PagerDuty from a "buy" rating to a "hold" rating in a research report on Saturday, July 25th. Finally, Royal Bank Of Canada lifted their price target on PagerDuty from $9.00 to $12.00 and gave the stock a "sector perform" rating in a research note on Friday, August 14th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $12.56.
Read Our Latest Analysis on PD
PagerDuty Company Profile
(
Get Free Report)
PagerDuty, Inc provides a digital operations management platform designed to help organizations detect, respond to and resolve critical issues across their technology and business operations. Its platform brings together data from applications, infrastructure, cloud environments and other systems to help teams manage incidents and maintain the reliability of digital services.
The company's offerings include incident management, AIOps, workflow automation and customer service operations capabilities.
Further Reading
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