PagerDuty, Inc. (NYSE:PD) CFO Howard Wilson Sells 600 Shares

PagerDuty, Inc. (NYSE:PD) CFO Howard Wilson sold 600 shares of the stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $20.00, for a total transaction of $12,000.00. Following the transaction, the chief financial officer now owns 602,726 shares of the company’s stock, valued at $12,054,520. The trade was a 0.10 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Howard Wilson also recently made the following trade(s):

• On Thursday, November 7th, Howard Wilson sold 21,066 shares of PagerDuty stock. The shares were sold at an average price of $20.02, for a total value of $421,741.32.

PagerDuty Stock Down 4.7 %

Shares of PD stock traded down $0.91 during mid-day trading on Thursday, reaching $18.48. 1,383,744 shares of the company’s stock traded hands, compared to its average volume of 919,454. PagerDuty, Inc. has a 12 month low of $16.46 and a 12 month high of $25.47. The company has a market cap of $1.67 billion, a P/E ratio of -23.09 and a beta of 1.13. The company’s 50-day moving average price is $19.26 and its 200-day moving average price is $19.06. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 3.52.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Bank of America cut PagerDuty from a “buy” rating to an “underperform” rating and lowered their target price for the stock from $23.00 to $18.00 in a report on Thursday. Royal Bank of Canada increased their price target on PagerDuty from $22.00 to $24.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Finally, JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $21.00 target price on shares of PagerDuty in a report on Wednesday, December 11th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $21.64.

Hedge Funds Weigh In On PagerDuty

Several hedge funds and other institutional investors have recently modified their holdings of PD. RGM Capital LLC lifted its holdings in shares of PagerDuty by 1.3% in the 3rd quarter. RGM Capital LLC now owns 4,564,296 shares of the company’s stock worth $84,668,000 after buying an additional 59,902 shares during the period. Geode Capital Management LLC raised its position in shares of PagerDuty by 1.8% in the 3rd quarter. Geode Capital Management LLC now owns 2,151,314 shares of the company’s stock valued at $39,915,000 after purchasing an additional 37,147 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of PagerDuty by 285.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,263,841 shares of the company’s stock valued at $23,444,000 after acquiring an additional 936,257 shares during the period. Barclays PLC lifted its holdings in shares of PagerDuty by 24.2% during the third quarter. Barclays PLC now owns 901,120 shares of the company’s stock worth $16,716,000 after purchasing an additional 175,733 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of PagerDuty by 7.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 824,250 shares of the company’s stock valued at $15,051,000 after acquiring an additional 55,233 shares during the last quarter. 97.26% of the stock is owned by institutional investors.

About PagerDuty

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.