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

PagerDuty, Inc. (NYSE:PD) CFO Howard Wilson sold 600 shares of PagerDuty stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $20.00, for a total transaction of $12,000.00. Following the sale, the chief financial officer now owns 602,726 shares of the company’s stock, valued at approximately $12,054,520. The trade was a 0.10 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

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

PagerDuty Stock Performance

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

Institutional Investors Weigh In On PagerDuty

Large investors have recently added to or reduced their stakes in the company. Quarry LP raised its stake 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 acquiring an additional 1,322 shares during the last quarter. Venturi Wealth Management LLC purchased a new position in PagerDuty during the 4th quarter valued at about $43,000. Fred Alger Management LLC raised its position 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 purchased a new stake in PagerDuty in the 3rd quarter worth approximately $163,000. Finally, nVerses Capital LLC bought a new stake in shares of PagerDuty in the 3rd quarter worth approximately $176,000. Institutional investors own 97.26% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Royal Bank of Canada increased their target price on PagerDuty from $22.00 to $24.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $21.00 price objective on shares of PagerDuty in a report on Wednesday, December 11th. Finally, Bank of America downgraded PagerDuty from a “buy” rating to an “underperform” rating and dropped their target price for the stock from $23.00 to $18.00 in a research report on Thursday. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average 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.