Key Points
- PagerDuty insider Jennifer Tejada sold 5,945 shares at an average price of $18.00, generating $107,010. The transaction, conducted under a Rule 10b5-1 plan, reduced her direct holdings by 0.41% to 1,431,596 shares.
- Tejada has also sold 172,500 shares in several transactions since September, totaling approximately $2.72 million in proceeds.
- PagerDuty recently exceeded quarterly earnings and revenue expectations, while analysts maintain a consensus “Hold” rating with a $12.56 average price target. The stock opened at $16.91 and has a 52-week range of $5.70 to $18.06.
PagerDuty (NYSE:PD - Get Free Report) insider Jennifer Tejada sold 5,945 shares of the stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $18.00, for a total transaction of $107,010.00. Following the transaction, the insider directly owned 1,431,596 shares in the company, valued at $25,768,728. The trade was a 0.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jennifer Tejada also recently made the following trade(s):
- On Thursday, October 15th, Jennifer Tejada sold 57,500 shares of PagerDuty stock. The shares were sold at an average price of $17.16, for a total value of $986,700.00.
- On Wednesday, September 30th, Jennifer Tejada sold 107,000 shares of PagerDuty stock. The shares were 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 value of $120,000.00.
PagerDuty Price Performance
Shares of PD opened at $16.91 on Friday. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 31.60, a PEG ratio of 2.69 and a beta of 0.97. The stock has a 50 day moving average of $15.10 and a 200-day moving average of $10.18. 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 has a 52 week low of $5.70 and a 52 week high of $18.06.
PagerDuty (NYSE:PD - Get Free Report) last issued its quarterly 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 during the quarter, compared to the consensus estimate of $123.27 million. PagerDuty had a return on equity of 18.52% and a net margin of 37.50%. The business's quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the business earned $0.30 EPS. 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, analysts forecast that PagerDuty will post 0.69 EPS for the current year.
Analyst Ratings Changes
A number of analysts have weighed in on PD shares. Weiss Ratings raised shares of PagerDuty from a "hold (c-)" rating to a "hold (c)" rating in a report on Friday, September 18th. TD Cowen reaffirmed a "buy" rating on shares of PagerDuty in a report on Wednesday, August 26th. UBS Group set a $13.50 price target on shares of PagerDuty in a report on Wednesday, August 26th. Royal Bank Of Canada boosted their price objective on shares of PagerDuty from $9.00 to $12.00 and gave the company a "sector perform" rating in a research report on Friday, August 14th. Finally, Truist Financial increased their price objective on shares of PagerDuty from $11.00 to $13.00 and gave the stock a "buy" rating in a research note on Thursday, August 20th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $12.56.
Read Our Latest Stock Analysis on PD
Institutional Trading of PagerDuty
Hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp bought a new position in PagerDuty during the 2nd quarter worth $7,629,000. Dimensional Fund Advisors LP bought a new stake in PagerDuty in the first quarter valued at $6,074,000. Glenmede Trust Co. NA boosted its holdings in shares of PagerDuty by 35.7% during the first quarter. Glenmede Trust Co. NA now owns 937,505 shares of the company's stock valued at $5,822,000 after acquiring an additional 246,482 shares during the period. Deutsche Bank AG acquired a new position in shares of PagerDuty during the second quarter valued at $5,642,000. Finally, Ieq Capital LLC bought a new position in shares of PagerDuty during the second quarter worth about $3,918,000. Institutional investors own 97.26% of the company's stock.
About PagerDuty
(
Get Free Report)
PagerDuty, Inc is a technology company that provides digital operations management software for organizations. Its platform helps businesses detect, triage and respond to operational issues affecting applications, infrastructure, services and customer experiences.
The company's products include incident response, event intelligence, AIOps, process automation and customer service operations capabilities. PagerDuty integrates with monitoring, development, collaboration and information technology tools to help teams centralize alerts, automate workflows, coordinate responses and reduce the impact of service disruptions.
Founded in 2009, PagerDuty is headquartered in San Francisco and serves organizations across multiple industries and geographic markets worldwide.
Further Reading
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