Key Points
- PagerDuty insider Jennifer Tejada sold 57,500 shares at an average price of $17.16, generating $986,700. The sale, made under a Rule 10b5-1 plan, reduced her ownership by 3.85% to 1,434,541 shares.
- PagerDuty reported quarterly EPS of $0.32, beating estimates by $0.01, while revenue reached $124.44 million, up 0.8% year over year and slightly above expectations.
- Analyst sentiment remains mixed, with three Buy, five Hold and two Sell ratings; the average price target is $12.56, below the stock’s reported opening price of $16.68.
PagerDuty (NYSE:PD - Get Free Report) insider Jennifer Tejada sold 57,500 shares of the business's stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $17.16, for a total transaction of $986,700.00. Following the completion of the transaction, the insider owned 1,434,541 shares of the company's stock, valued at $24,616,723.56. This represents a 3.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jennifer Tejada also recently made the following trade(s):
- On Wednesday, September 30th, Jennifer Tejada sold 107,000 shares of PagerDuty stock. The stock was sold at an average price of $15.11, for a total value of $1,616,770.00.
- 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 transaction of $120,000.00.
PagerDuty Stock Performance
NYSE:PD opened at $16.68 on Tuesday. The company has a market cap of $1.31 billion, a P/E ratio of 29.38, a P/E/G ratio of 2.50 and a beta of 0.97. PagerDuty has a twelve month low of $5.70 and a twelve month high of $17.55. The company's 50-day moving average price is $14.15 and its 200-day moving average price is $10.46. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 1.71.
PagerDuty (NYSE:PD - Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.01. PagerDuty had a net margin of 37.50% and a return on equity of 18.52%. The company had revenue of $124.44 million during the quarter, compared to analysts' expectations of $123.27 million. During the same quarter in the prior year, the company earned $0.30 EPS. PagerDuty's revenue was up .8% compared to the same quarter last year. PagerDuty has set its FY 2027 guidance at 1.330-1.370 EPS and its Q3 2027 guidance at 0.340-0.360 EPS. On average, sell-side analysts forecast that PagerDuty will post 0.69 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several brokerages have recently weighed in on PD. TD Cowen restated a "buy" rating on shares of PagerDuty in a research report on Wednesday, August 26th. Morgan Stanley lifted their price target on shares of PagerDuty from $9.00 to $10.00 and gave the stock an "underweight" rating in a research note on Friday, August 28th. Canaccord Genuity Group lifted their price target on shares of PagerDuty from $10.00 to $15.00 and gave the stock a "buy" rating in a research note on Friday, August 28th. UBS Group set a $13.50 price target on shares of PagerDuty in a research report on Wednesday, August 26th. Finally, Weiss Ratings upgraded shares of PagerDuty from a "hold (c-)" rating to a "hold (c)" rating in a research note on Friday, September 18th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, PagerDuty has an average rating of "Hold" and an average target price of $12.56.
Check Out Our Latest Stock Report on PD
Institutional Trading of PagerDuty
Hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP bought a new position in PagerDuty during the first quarter worth $6,074,000. Glenmede Trust Co. NA boosted its holdings in PagerDuty by 35.7% in the first quarter. Glenmede Trust Co. NA now owns 937,505 shares of the company's stock worth $5,822,000 after purchasing an additional 246,482 shares during the period. Bank of New York Mellon Corp increased its stake in PagerDuty by 44.5% during the first quarter. Bank of New York Mellon Corp now owns 816,688 shares of the company's stock valued at $5,072,000 after purchasing an additional 251,651 shares during the last quarter. Deutsche Bank AG bought a new stake in PagerDuty during the second quarter valued at $5,642,000. Finally, Pacer Advisors Inc. increased its stake in PagerDuty by 73.9% during the first quarter. Pacer Advisors Inc. now owns 569,907 shares of the company's stock valued at $3,539,000 after purchasing an additional 242,100 shares during the last quarter. 97.26% of the stock is owned by hedge funds and other institutional investors.
About PagerDuty
(
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.
Further Reading
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].
