PagerDuty (NYSE:PD) Stock: Insider Jennifer Tejada Sells 5,945 Shares

Key Points

• PagerDuty insider Jennifer Tejada sold 5,945 shares at an average price of $18.00, generating $107,010. The transaction reduced her direct holdings by 0.41% and was executed under a pre-arranged Rule 10b5-1 plan.
• PagerDuty shares fell 2.7% to $16.91, though the stock remains near its 52-week high of $18.06. The company recently exceeded quarterly earnings and revenue estimates, reporting $0.32 in EPS and $124.44 million in revenue.
• Analysts maintain a consensus “Hold” rating with an average price target of $12.56, while institutional investors and hedge funds own 97.26% of PagerDuty’s outstanding shares.

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. This trade represents a 0.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 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 transaction 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 shares were sold at an average price of $15.00, for a total transaction of $120,000.00.

PagerDuty Stock Down 2.7%

NYSE PD traded down $0.47 during trading on Friday, reaching $16.91. 1,376,843 shares of the company's stock were exchanged, compared to its average volume of 2,299,967. The company has a debt-to-equity ratio of 1.71, a quick ratio of 2.02 and a current ratio of 2.02. The company has a 50 day moving average price of $15.01 and a two-hundred day moving average price of $10.16. The stock has a market cap of $1.33 billion, a P/E ratio of 8.46, a price-to-earnings-growth ratio of 2.78 and a beta of 0.97. PagerDuty has a 1 year low of $5.70 and a 1 year 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 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.01. The firm 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%. PagerDuty's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.30 earnings per share. 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, equities research analysts anticipate that PagerDuty will post 0.69 EPS for the current fiscal year.

Institutional Trading of PagerDuty

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP bought a new stake in shares of PagerDuty during the first quarter worth $6,074,000. Bank of New York Mellon Corp bought a new stake in shares of PagerDuty in the second quarter valued at approximately $7,629,000. Deutsche Bank AG purchased a new position in shares of PagerDuty during the 2nd quarter valued at $5,642,000. GC Wealth Management RIA LLC bought a new stake in shares of PagerDuty in the 1st quarter worth approximately $2,552,000. Finally, Ieq Capital LLC purchased a new stake in PagerDuty in the second quarter worth $3,918,000. Institutional investors and hedge funds own 97.26% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on PD. Morgan Stanley increased 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. Weiss Ratings upgraded PagerDuty from a "hold (c-)" rating to a "hold (c)" rating in a report on Friday, September 18th. Royal Bank Of Canada boosted their target price on shares of PagerDuty from $9.00 to $12.00 and gave the company a "sector perform" rating in a research note on Friday, August 14th. Wall Street Zen downgraded shares of PagerDuty from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. Finally, UBS Group set a $13.50 price target on PagerDuty in a research report on Wednesday, August 26th. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, PagerDuty currently has an average rating of "Hold" and a consensus price target of $12.56.

PagerDuty Company Profile

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.

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