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

PagerDuty, Inc. (NYSE:PD) CEO Jennifer Tejada sold 1,569 shares of PagerDuty 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 completion of the transaction, the chief executive officer now owns 868,311 shares in the company, valued at approximately $17,366,220. This represents a 0.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

• On Thursday, December 12th, Jennifer Tejada sold 12,500 shares of PagerDuty stock. The stock was 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 shares were 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 Price Performance

Shares of PagerDuty stock opened at $18.55 on Friday. The company has a 50-day moving average of $19.23 and a two-hundred day moving average of $19.06. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 3.52. PagerDuty, Inc. has a 12-month low of $16.46 and a 12-month high of $25.47.

Analyst Ratings Changes

PD has been the subject of several recent research reports. Royal Bank of Canada increased their price target on PagerDuty from $22.00 to $24.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Bank of America downgraded shares of PagerDuty from a “buy” rating to an “underperform” rating and lowered their target price for the company from $23.00 to $18.00 in a report on Thursday. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a $21.00 price target on shares of PagerDuty in a report on Wednesday, December 11th. Two analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $21.64.

Hedge Funds Weigh In On PagerDuty

Hedge funds have recently bought and sold shares of the company. AMI Asset Management Corp grew its holdings in PagerDuty by 154.2% in the fourth quarter. AMI Asset Management Corp now owns 56,156 shares of the company’s stock valued at $1,025,000 after purchasing an additional 34,063 shares during the last quarter. Jackson Square Capital LLC acquired a new stake in PagerDuty in the 3rd quarter valued at about $665,000. Glenmede Trust Co. NA increased its holdings in PagerDuty by 11.7% during the 3rd quarter. Glenmede Trust Co. NA now owns 721,633 shares of the company’s stock valued at $13,386,000 after acquiring an additional 75,771 shares in the last quarter. Geode Capital Management LLC raised its position in PagerDuty by 1.8% during the third quarter. Geode Capital Management LLC now owns 2,151,314 shares of the company’s stock worth $39,915,000 after acquiring an additional 37,147 shares during the last quarter. Finally, Intech Investment Management LLC purchased a new stake in shares of PagerDuty in the third quarter valued at about $444,000. 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.