PagerDuty $PD Shares Sold by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. reduced its stake in PagerDuty by 5.1% during the first quarter, owning 727,820 shares after selling 39,039 shares.
• PagerDuty reported earnings of $0.24 per share for the last quarter, surpassing analysts' estimates, with revenue of $119.81 million, an increase of 7.8% compared to the same quarter last year.
• The stock has received mixed ratings from analysts, with six buy ratings, six hold ratings, and two sell ratings, as well as an average price target of $19.75.

Charles Schwab Investment Management Inc. reduced its position in PagerDuty (NYSE:PD - Free Report) by 5.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 727,820 shares of the company's stock after selling 39,039 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.80% of PagerDuty worth $13,297,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. KBC Group NV acquired a new stake in PagerDuty during the first quarter worth about $33,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of PagerDuty during the 4th quarter worth about $130,000. Teacher Retirement System of Texas acquired a new stake in PagerDuty during the 1st quarter worth approximately $229,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in PagerDuty during the 1st quarter worth approximately $246,000. Finally, Allianz Asset Management GmbH purchased a new position in PagerDuty in the first quarter valued at approximately $274,000. Institutional investors and hedge funds own 97.26% of the company's stock.

PagerDuty Stock Performance

PagerDuty stock opened at $16.6970 on Friday. The stock has a market cap of $1.52 billion, a P/E ratio of -41.74, a price-to-earnings-growth 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. The stock has a 50 day moving average of $15.37 and a 200-day moving average of $16.27. PagerDuty has a 52 week low of $13.69 and a 52 week high of $21.98.

PagerDuty (NYSE:PD - Get Free Report) last issued its quarterly earnings results on Thursday, May 29th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.05. PagerDuty had a negative net margin of 7.75% and a negative return on equity of 8.73%. The business had revenue of $119.81 million during the quarter, compared to analyst estimates of $118.98 million. During the same quarter in the previous year, the firm earned $0.17 earnings per share. 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. On average, analysts expect that PagerDuty will post -0.27 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. TD Securities decreased their price objective on shares of PagerDuty from $19.00 to $18.00 and set a "hold" rating for the company in a research note on Wednesday, May 21st. TD Cowen raised shares of PagerDuty from a "hold" rating to a "buy" rating and set a $22.00 price target for the company in a research report on Monday, July 28th. Zacks Research raised PagerDuty to a "hold" rating in a research report on Friday, August 8th. Royal Bank Of Canada dropped their target price on PagerDuty from $22.00 to $20.00 and set an "outperform" rating on the stock in a report on Friday, May 30th. Finally, Cowen raised PagerDuty from a "hold" rating to a "buy" rating in a research report on Monday, July 28th. Six research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, PagerDuty has an average rating of "Hold" and an average price target of $19.75.

PagerDuty Profile

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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