PagerDuty, Inc. (NYSE:PD) CEO Jennifer Tejada Sells 1,569 Shares of Stock

PagerDuty, Inc. (NYSE:PD) CEO Jennifer Tejada sold 1,569 shares of the business’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $20.00, for a total transaction of $31,380.00. Following the sale, the chief executive officer now directly owns 868,311 shares in the company, valued at $17,366,220. The trade was a 0.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Jennifer Tejada also recently made the following trade(s):

• On Thursday, December 12th, Jennifer Tejada sold 12,500 shares of PagerDuty stock. The shares were sold at an average price of $20.12, for a total value of $251,500.00.
• On Tuesday, November 12th, Jennifer Tejada sold 18,750 shares of PagerDuty stock. The stock was sold at an average price of $20.04, for a total value of $375,750.00.
• On Thursday, November 7th, Jennifer Tejada sold 38,392 shares of PagerDuty stock. The shares were sold at an average price of $20.05, for a total value of $769,759.60.

PagerDuty Stock Performance

PD opened at $18.48 on Friday. The business’s fifty day simple moving average is $19.26 and its 200 day simple moving average is $19.06. PagerDuty, Inc. has a 52 week low of $16.46 and a 52 week high of $25.47. The company has a debt-to-equity ratio of 3.52, a current ratio of 1.97 and a quick ratio of 1.97.

Hedge Funds Weigh In On PagerDuty

Several institutional investors have recently modified their holdings of the company. Allspring Global Investments Holdings LLC grew its holdings in shares of PagerDuty by 7.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 824,250 shares of the company’s stock valued at $15,051,000 after purchasing an additional 55,233 shares during the last quarter. Blue Trust Inc. grew its stake in shares of PagerDuty by 24.8% during the fourth quarter. Blue Trust Inc. now owns 14,796 shares of the company’s stock valued at $274,000 after buying an additional 2,938 shares during the last quarter. AMI Asset Management Corp increased its holdings in shares of PagerDuty by 154.2% in the fourth quarter. AMI Asset Management Corp now owns 56,156 shares of the company’s stock worth $1,025,000 after buying an additional 34,063 shares during the period. Avanza Fonder AB bought a new stake in shares of PagerDuty in the 4th quarter valued at about $499,000. Finally, Green Alpha Advisors LLC purchased a new stake in PagerDuty during the 4th quarter valued at about $359,000. 97.26% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

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.