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

PagerDuty, Inc. (NYSE:PD) CFO Howard Wilson sold 600 shares of the firm’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $20.00, for a total transaction of $12,000.00. Following the transaction, the chief financial officer now directly owns 602,726 shares in the company, valued at $12,054,520. This represents a 0.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible 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 stock was sold at an average price of $20.02, for a total value of $421,741.32.

PagerDuty Stock Performance

Shares of PagerDuty stock opened at $18.48 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 twelve month low of $16.46 and a twelve month high of $25.47. The company’s fifty day moving average is $19.26 and its 200 day moving average is $19.06.

Institutional Investors Weigh In On PagerDuty

A number of institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. raised its stake in PagerDuty by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 123,247 shares of the company’s stock worth $2,826,000 after buying an additional 542 shares during the last quarter. Hsbc Holdings PLC raised its position in shares of PagerDuty by 6.0% in the 2nd quarter. Hsbc Holdings PLC now owns 16,589 shares of the company’s stock worth $380,000 after acquiring an additional 935 shares in the last quarter. Marshall Wace LLP raised its position in shares of PagerDuty by 28.4% in the 2nd quarter. Marshall Wace LLP now owns 46,100 shares of the company’s stock worth $1,057,000 after acquiring an additional 10,200 shares in the last quarter. Squarepoint Ops LLC acquired a new position in shares of PagerDuty in the 2nd quarter valued at about $2,956,000. Finally, The Manufacturers Life Insurance Company boosted its position in shares of PagerDuty by 3.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 50,347 shares of the company’s stock valued at $1,154,000 after purchasing an additional 1,820 shares in the last quarter. Institutional investors own 97.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on PD shares. Bank of America cut PagerDuty from a “buy” rating to an “underperform” rating and decreased their price target for the stock from $23.00 to $18.00 in a research report on Thursday. Royal Bank of Canada raised their target price on shares of PagerDuty from $22.00 to $24.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $21.00 price target on shares of PagerDuty in a report on Wednesday, December 11th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and four 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 an average price target of $21.64.

About PagerDuty

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.