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

PagerDuty, Inc. (NYSE:PD) CFO Howard Wilson sold 600 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $20.00, for a total transaction of $12,000.00. Following the completion of the sale, the chief financial officer now owns 602,726 shares of the company’s stock, valued at $12,054,520. This trade represents a 0.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

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

PagerDuty Trading Up 0.6 %

PD opened at $18.55 on Friday. The stock has a 50-day moving average price of $19.23 and a 200-day moving average price of $19.06. PagerDuty, Inc. has a 1 year low of $16.46 and a 1 year high of $25.47. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 3.52.

Wall Street Analyst Weigh In

Several research firms recently weighed in on PD. JPMorgan Chase & Co. restated an “underweight” rating and set a $21.00 price target on shares of PagerDuty in a research report on Wednesday, December 11th. Bank of America lowered PagerDuty from a “buy” rating to an “underperform” rating and lowered their price objective for the company from $23.00 to $18.00 in a research report on Thursday. Finally, Royal Bank of Canada upped their target price on shares of PagerDuty from $22.00 to $24.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, PagerDuty presently has an average rating of “Hold” and a consensus price target of $21.64.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Quarry LP grew its holdings in shares of PagerDuty by 1,537.2% during the second quarter. Quarry LP now owns 1,408 shares of the company’s stock valued at $32,000 after buying an additional 1,322 shares during the last quarter. Venturi Wealth Management LLC bought a new position in PagerDuty in the 4th quarter valued at approximately $43,000. Fred Alger Management LLC boosted its stake in PagerDuty by 63.7% during the 3rd quarter. Fred Alger Management LLC now owns 4,097 shares of the company’s stock valued at $76,000 after purchasing an additional 1,594 shares during the last quarter. Point72 DIFC Ltd bought a new stake in shares of PagerDuty in the 3rd quarter worth $163,000. Finally, nVerses Capital LLC purchased a new position in shares of PagerDuty in the third quarter worth $176,000. 97.26% of the stock is owned by hedge funds and other institutional investors.

PagerDuty Company 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.