SG Americas Securities LLC Acquires Shares of 260,989 PagerDuty $PD

SG Americas Securities LLC acquired a new position in shares of PagerDuty (NYSE:PD) during the 3rd quarter, Holdings Channel reports. The firm acquired 260,989 shares of the company’s stock, valued at approximately $4,312,000.

Other institutional investors also recently modified their holdings of the company. Royal Bank of Canada grew its stake in shares of PagerDuty by 60.8% in the first quarter. Royal Bank of Canada now owns 96,575 shares of the company’s stock valued at $1,764,000 after acquiring an additional 36,517 shares in the last quarter. AQR Capital Management LLC grew its position in shares of PagerDuty by 110.6% during the 1st quarter. AQR Capital Management LLC now owns 147,127 shares of the company’s stock worth $2,679,000 after purchasing an additional 77,251 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of PagerDuty by 1.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,601 shares of the company’s stock worth $943,000 after purchasing an additional 671 shares during the period. Millennium Management LLC raised its position in shares of PagerDuty by 55.4% in the first quarter. Millennium Management LLC now owns 1,005,111 shares of the company’s stock valued at $18,363,000 after buying an additional 358,347 shares in the last quarter. Finally, Woodline Partners LP bought a new stake in shares of PagerDuty in the first quarter valued at approximately $556,000. Institutional investors own 97.26% of the company’s stock.

PagerDuty Stock Performance

NYSE:PD opened at $12.34 on Monday. PagerDuty has a twelve month low of $11.13 and a twelve month high of $20.00. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 1.23. The stock’s 50-day simple moving average is $13.55 and its 200 day simple moving average is $15.08. The firm has a market capitalization of $1.13 billion, a PE ratio of 7.71, a price-to-earnings-growth ratio of 3.30 and a beta of 0.63.

PagerDuty (NYSE:PD) last posted its earnings results on Tuesday, November 25th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.09. PagerDuty had a net margin of 31.12% and a return on equity of 10.27%. The firm had revenue of $124.55 million during the quarter, compared to analysts’ expectations of $124.92 million. During the same quarter in the prior year, the business earned $0.26 earnings per share. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. PagerDuty has set its FY 2026 guidance at 1.110-1.120 EPS and its Q4 2026 guidance at 0.240-0.250 EPS. On average, analysts anticipate that PagerDuty will post -0.27 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have commented on PD. Canaccord Genuity Group restated a “buy” rating and set a $19.00 price objective on shares of PagerDuty in a research note on Wednesday, November 26th. Zacks Research upgraded PagerDuty from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Craig Hallum downgraded PagerDuty from a “buy” rating to a “hold” rating and dropped their price target for the company from $20.00 to $15.00 in a research note on Wednesday, November 26th. Royal Bank Of Canada cut shares of PagerDuty from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from $17.00 to $15.00 in a research report on Monday, January 5th. Finally, TD Cowen decreased 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. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $16.64.

Insider Buying and Selling at PagerDuty

In other news, Director Dan Alexandru Solomon sold 266,667 shares of the company’s stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $13.35, for a total transaction of $3,560,004.45. Following the completion of the transaction, the director directly owned 2,389,665 shares in the company, valued at approximately $31,902,027.75. This represents a 10.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 8.00% of the company’s stock.

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. 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.