SteelPeak Wealth LLC lessened its stake in shares of PagerDuty, Inc. (NYSE:PD – Free Report) by 26.5% during the fourth quarter, Holdings Channel reports. The fund owned 18,399 shares of the company’s stock after selling 6,644 shares during the quarter. SteelPeak Wealth LLC’s holdings in PagerDuty were worth $336,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Quarry LP raised its holdings 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 purchasing an additional 1,322 shares during the period. Fred Alger Management LLC boosted its holdings in PagerDuty by 63.7% in the third quarter. Fred Alger Management LLC now owns 4,097 shares of the company’s stock worth $76,000 after acquiring an additional 1,594 shares in the last quarter. Point72 DIFC Ltd acquired a new stake in PagerDuty in the third quarter valued at approximately $163,000. nVerses Capital LLC bought a new stake in shares of PagerDuty during the third quarter valued at approximately $176,000. Finally, Blue Trust Inc. raised its position in shares of PagerDuty by 33.7% during the third quarter. Blue Trust Inc. now owns 11,858 shares of the company’s stock worth $220,000 after purchasing an additional 2,986 shares during the period. 97.26% of the stock is currently owned by institutional investors and hedge funds.
PagerDuty Stock Down 4.7 %
Shares of NYSE:PD opened at $18.48 on Friday. The company has a market capitalization of $1.67 billion, a PE ratio of -23.09 and a beta of 1.13. PagerDuty, Inc. has a 1 year low of $16.46 and a 1 year high of $25.47. The company has a debt-to-equity ratio of 3.52, a current ratio of 1.97 and a quick ratio of 1.97. The business has a fifty day moving average price of $19.26 and a two-hundred day moving average price of $19.06.
Analyst Upgrades and Downgrades
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Insider Activity at PagerDuty
In related news, CEO Jennifer Tejada sold 1,569 shares of the company’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 value of $31,380.00. Following 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 Securities & Exchange Commission, which is accessible through this link. Also, CFO Howard Wilson sold 21,066 shares of the firm’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $20.02, for a total value of $421,741.32. Following the completion of the sale, the chief financial officer now directly owns 545,742 shares of the company’s stock, valued at $10,925,754.84. This represents a 3.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 100,756 shares of company stock worth $2,005,450. 7.60% of the stock is owned by company insiders.
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.
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