Capital Fund Management S.A. Raises Position in PagerDuty $PD

Key Points

• Capital Fund Management S.A. has increased its holdings in PagerDuty by 33.4% in the first quarter, owning approximately $3.77 million worth of the stock.
• Brokerages have mixed ratings for PagerDuty, with Cowen upgrading it to a "buy" rating and a price target increased to $22.00, while other firms, like TD Securities, have lowered their price targets.
• PagerDuty's recent earnings report showed $119.81 million in revenue, slightly exceeding estimates, and reported an earnings per share of $0.24, beating analyst consensus by $0.05.

Capital Fund Management S.A. increased its holdings in shares of PagerDuty (NYSE:PD - Free Report) by 33.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 206,370 shares of the company's stock after acquiring an additional 51,616 shares during the period. Capital Fund Management S.A. owned about 0.23% of PagerDuty worth $3,770,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of PD. Headlands Technologies LLC lifted its stake in shares of PagerDuty by 2,235.6% during the 1st quarter. Headlands Technologies LLC now owns 1,378 shares of the company's stock worth $25,000 after acquiring an additional 1,319 shares during the last quarter. KBC Group NV bought a new stake in shares of PagerDuty during the 1st quarter worth approximately $33,000. Summit Securities Group LLC bought a new stake in shares of PagerDuty during the 1st quarter worth approximately $33,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of PagerDuty during the 4th quarter worth approximately $130,000. Finally, Teacher Retirement System of Texas bought a new stake in shares of PagerDuty during the 1st quarter worth approximately $229,000. 97.26% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on PD. Cowen raised PagerDuty from a "hold" rating to a "buy" rating in a research note on Monday, July 28th. TD Securities reduced their price objective on PagerDuty from $19.00 to $18.00 and set a "hold" rating on the stock in a report on Wednesday, May 21st. Zacks Research upgraded PagerDuty to a "hold" rating in a report on Friday, August 8th. TD Cowen upgraded PagerDuty from a "hold" rating to a "buy" rating and set a $22.00 price objective on the stock in a report on Monday, July 28th. Finally, JPMorgan Chase & Co. reduced their price objective on PagerDuty from $21.00 to $18.00 and set an "underweight" rating on the stock in a report on Friday, May 30th. Six equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, PagerDuty presently has an average rating of "Hold" and an average target price of $19.75.

PagerDuty Trading Up 5.7%

Shares of NYSE:PD opened at $16.6970 on Friday. PagerDuty has a 12-month low of $13.69 and a 12-month high of $21.98. The business's fifty day simple moving average is $15.37 and its 200-day simple moving average is $16.27. The company has a market capitalization of $1.52 billion, a PE ratio of -41.74, a P/E/G ratio of 10.03 and a beta of 0.89. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 2.70.

PagerDuty (NYSE:PD - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.05. PagerDuty had a negative return on equity of 8.73% and a negative net margin of 7.75%.The business had revenue of $119.81 million for the quarter, compared to the consensus estimate of $118.98 million. During the same period last year, the business posted $0.17 EPS. The business's revenue was up 7.8% compared to the same quarter last year. PagerDuty has set its FY 2026 guidance at 0.950-1.00 EPS. Q2 2026 guidance at 0.190-0.200 EPS. As a group, equities research analysts predict that PagerDuty will post -0.27 earnings per share for the current fiscal year.

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.

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