Key Points
- PagerDuty insider Jennifer Tejada sold 107,000 shares at an average price of $15.11, generating $1.62 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan, leaving her with 1.56 million shares.
- PagerDuty reported quarterly EPS of $0.32, narrowly beating estimates, while revenue reached $124.44 million, up 0.8% year over year. Shares opened at $15.35, with a market capitalization of approximately $1.21 billion.
- Analyst sentiment remains mixed: the stock has a consensus “Hold” rating and an average price target of $12.56, despite several firms recently raising their targets and maintaining or issuing “Buy” ratings.
PagerDuty (NYSE:PD - Get Free Report) insider Jennifer Tejada sold 107,000 shares of PagerDuty stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $15.11, for a total value of $1,616,770.00. Following the completion of the sale, the insider directly owned 1,563,251 shares in the company, valued at approximately $23,620,722.61. This represents a 6.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jennifer Tejada also recently made the following trade(s):
- 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 Price Performance
Shares of PD opened at $15.35 on Friday. The stock has a market capitalization of $1.21 billion, a P/E ratio of 7.67, a P/E/G ratio of 2.41 and a beta of 0.97. PagerDuty has a twelve month low of $5.70 and a twelve month high of $16.77. The company has a 50 day moving average of $12.99 and a 200-day moving average of $9.69. The company has a quick ratio of 2.02, a current ratio of 2.02 and a debt-to-equity ratio of 1.71.
PagerDuty (NYSE:PD - Get Free Report) last posted its quarterly earnings data on Thursday, August 27th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.01. The company 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%. The firm's revenue was up .8% compared to the same quarter last year. During the same period last year, the company earned $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. As a group, equities research analysts forecast that PagerDuty will post 0.69 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
PD has been the topic of several analyst reports. Weiss Ratings raised shares of PagerDuty from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, September 18th. Royal Bank Of Canada raised their price objective on PagerDuty from $9.00 to $12.00 and gave the company a "sector perform" rating in a report on Friday, August 14th. Truist Financial lifted their target price on PagerDuty from $11.00 to $13.00 and gave the company a "buy" rating in a research report on Thursday, August 20th. Canaccord Genuity Group lifted their target price on PagerDuty from $10.00 to $15.00 and gave the company a "buy" rating in a research report on Friday, August 28th. Finally, Morgan Stanley upped their target price on PagerDuty from $9.00 to $10.00 and gave the stock an "underweight" rating in a report on Friday, August 28th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, PagerDuty presently has a consensus rating of "Hold" and a consensus price target of $12.56.
Check Out Our Latest Analysis on PD
Institutional Trading of PagerDuty
Hedge funds have recently modified their holdings of the stock. Pacer Advisors Inc. grew its stake in PagerDuty by 73.9% in the 1st quarter. Pacer Advisors Inc. now owns 569,907 shares of the company's stock valued at $3,539,000 after buying an additional 242,100 shares during the last quarter. Deutsche Bank AG bought a new position in PagerDuty in the 2nd quarter valued at about $5,642,000. Hsbc Holdings PLC bought a new position in PagerDuty in the 1st quarter valued at about $789,000. KBC Group NV lifted its position in PagerDuty by 5,537.9% during the first quarter. KBC Group NV now owns 248,181 shares of the company's stock worth $1,541,000 after acquiring an additional 243,779 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd lifted its position in PagerDuty by 801.4% during the first quarter. Y Intercept Hong Kong Ltd now owns 206,701 shares of the company's stock worth $1,284,000 after acquiring an additional 183,770 shares during the last quarter. Institutional investors and hedge funds own 97.26% of the company's stock.
PagerDuty Company Profile
(
Get Free Report)
PagerDuty, Inc (NYSE: PD) provides a cloud-based digital operations management platform designed to help organizations detect, respond to and resolve operational issues. Its services support incident management, on-call scheduling, escalation workflows and collaboration among technology, development, IT operations and business teams.
The company's PagerDuty Operations Cloud combines real-time event monitoring, incident response, automation and artificial intelligence capabilities. Its products are intended to help customers identify disruptions, coordinate the appropriate responders, automate routine remediation and improve the reliability of digital services and customer experiences.
PagerDuty serves organizations across industries and geographies through a subscription-based software model.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
