PagerDuty, Inc. (NYSE:PD) Shares Bought by Barclays PLC

Barclays PLC increased its stake in PagerDuty, Inc. (NYSE:PD) by 24.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 901,120 shares of the company’s stock after purchasing an additional 175,733 shares during the quarter. Barclays PLC owned about 0.97% of PagerDuty worth $16,716,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quarry LP raised its position in PagerDuty by 1,537.2% in the second quarter. Quarry LP now owns 1,408 shares of the company’s stock worth $32,000 after acquiring an additional 1,322 shares in the last quarter. First Horizon Advisors Inc. boosted its position in shares of PagerDuty by 28.0% in the second quarter. First Horizon Advisors Inc. now owns 2,323 shares of the company’s stock worth $53,000 after buying an additional 508 shares during the period. Fred Alger Management LLC grew its holdings in shares of PagerDuty by 170.6% during the second quarter. Fred Alger Management LLC now owns 2,503 shares of the company’s stock valued at $57,000 after buying an additional 1,578 shares in the last quarter. Headlands Technologies LLC purchased a new stake in PagerDuty in the 2nd quarter worth about $114,000. Finally, Point72 DIFC Ltd acquired a new position in shares of PagerDuty in the 3rd quarter valued at about $163,000. Institutional investors own 97.26% of the company’s stock.

Insider Buying and Selling

In other PagerDuty news, CEO Jennifer Tejada sold 18,750 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $20.04, for a total transaction of $375,750.00. Following the completion of the transaction, the chief executive officer now owns 907,631 shares of the company’s stock, valued at $18,188,925.24. The trade was a 2.02 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Mitra Rezvan sold 2,942 shares of the firm’s stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $18.06, for a total value of $53,132.52. Following the completion of the sale, the chief accounting officer now directly owns 108,449 shares in the company, valued at approximately $1,958,588.94. This represents a 2.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 87,396 shares of company stock worth $1,733,561. 7.60% of the stock is currently owned by insiders.

PagerDuty Stock Performance

PD opened at $20.18 on Friday. The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.97 and a current ratio of 1.97. The company has a market cap of $1.82 billion, a PE ratio of -25.23 and a beta of 1.09. The stock has a 50-day moving average of $19.43 and a 200-day moving average of $19.64. PagerDuty, Inc. has a 52-week low of $16.46 and a 52-week high of $26.70.

Analyst Ratings Changes

Several research firms recently commented on PD. Canaccord Genuity Group decreased their price target on shares of PagerDuty from $26.00 to $24.00 and set a “buy” rating for the company in a report on Wednesday, September 4th. The Goldman Sachs Group lowered their price target on shares of PagerDuty from $24.00 to $21.00 and set a “neutral” rating on the stock in a report on Wednesday, September 4th. TD Cowen cut their price objective on PagerDuty from $23.00 to $19.00 and set a “hold” rating for the company in a report on Wednesday, September 4th. Royal Bank of Canada boosted 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. Finally, Scotiabank cut their price target on PagerDuty from $23.00 to $18.00 and set a “sector perform” rating for the company in a research note on Wednesday, September 4th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $22.09.

PagerDuty 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.