Insider Selling: PagerDuty (NYSE:PD) Director Sells 266,667 Shares of Stock

by · The Cerbat Gem

PagerDuty (NYSE:PD – Get Free Report) Director Dan Alexandru Solomon sold 266,667 shares of the stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $13.35, for a total value of $3,560,004.45. Following the completion of the sale, the director owned 2,389,665 shares in the company, valued at approximately $31,902,027.75. The trade was a 10.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

PagerDuty Trading Down 1.9%

Shares of NYSE PD traded down $0.26 during mid-day trading on Wednesday, reaching $13.09. The company had a trading volume of 1,219,967 shares, compared to its average volume of 1,732,840. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 8.18, a price-to-earnings-growth ratio of 4.33 and a beta of 0.69. PagerDuty has a 52 week low of $11.13 and a 52 week high of $20.00. The business’s 50-day moving average is $14.09 and its 200-day moving average is $15.18. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 1.23.

PagerDuty (NYSE:PD – Get Free Report) last released its quarterly earnings data on Tuesday, November 25th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.09. The company had revenue of $124.55 million during the quarter, compared to analysts’ expectations of $124.92 million. PagerDuty had a net margin of 31.12% and a return on equity of 10.27%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.26 EPS. PagerDuty has set its FY 2026 guidance at 1.110-1.120 EPS and its Q4 2026 guidance at 0.240-0.250 EPS. Equities analysts expect that PagerDuty will post -0.27 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its stake in PagerDuty by 252.0% in the third quarter. EverSource Wealth Advisors LLC now owns 1,605 shares of the company’s stock valued at $27,000 after acquiring an additional 1,149 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in shares of PagerDuty during the 3rd quarter valued at $59,000. State of Alaska Department of Revenue acquired a new stake in shares of PagerDuty in the 3rd quarter worth $67,000. One68 Global Capital LLC purchased a new position in PagerDuty during the 3rd quarter worth $165,000. Finally, State of Tennessee Department of Treasury purchased a new position in PagerDuty during the 2nd quarter worth $160,000. Institutional investors own 97.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Royal Bank Of Canada cut their price target on PagerDuty from $18.00 to $17.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 26th. TD Cowen dropped their target price on shares of PagerDuty from $22.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Cowen reissued a “buy” rating on shares of PagerDuty in a research report on Wednesday, November 26th. Truist Financial lowered their price target on shares of PagerDuty from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, November 19th. Finally, Wall Street Zen downgraded shares of PagerDuty from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 28th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, PagerDuty has a consensus rating of “Hold” and a consensus price target of $17.18.

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PagerDuty Company Profile

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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. Its platform includes PagerDuty Incident Management that provides a real-time view across the status of a digital service while incorporating noise reduction to remove false positives; AIOps that applies machine learning to correlate and automate the identification of incidents from billions of events; Process Automation offers centralized design time and run time environment for orchestrating automated workflows that span across departments, technologies, and networks; Customer Service Operations, which is offered to orchestrate, automate, and scale responses to customer impacting issues.

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