Bollard Group LLC acquired a new position in PagerDuty (NYSE:PD – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 94,658 shares of the company’s stock, valued at approximately $1,446,000. Bollard Group LLC owned about 0.10% of PagerDuty as of its most recent SEC filing.
Several other large investors have also bought and sold shares of PD. Nuveen LLC acquired a new position in PagerDuty during the 1st quarter worth about $13,018,000. RGM Capital LLC grew its position in PagerDuty by 12.6% in the 1st quarter. RGM Capital LLC now owns 5,649,592 shares of the company’s stock valued at $103,218,000 after purchasing an additional 634,131 shares during the period. Acadian Asset Management LLC boosted its stake in PagerDuty by 806.4% in the 2nd quarter. Acadian Asset Management LLC now owns 514,724 shares of the company’s stock worth $7,853,000 after purchasing an additional 457,934 shares during the period. Millennium Management LLC grew its stake in PagerDuty by 55.4% during the first quarter. Millennium Management LLC now owns 1,005,111 shares of the company’s stock valued at $18,363,000 after acquiring an additional 358,347 shares in the last quarter. Finally, Algert Global LLC increased its holdings in shares of PagerDuty by 512.5% in the first quarter. Algert Global LLC now owns 397,212 shares of the company’s stock worth $7,257,000 after purchasing an additional 332,363 shares during the period. 97.26% of the stock is owned by institutional investors.
PagerDuty Stock Up 2.5%
NYSE:PD opened at $12.31 on Friday. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.37 and a quick ratio of 2.37. The firm’s 50-day moving average price is $15.14 and its 200-day moving average price is $15.48. The company has a market capitalization of $1.13 billion, a PE ratio of 7.69, a P/E/G ratio of 3.93 and a beta of 0.69. PagerDuty has a 1-year low of $11.13 and a 1-year high of $21.65.
Analysts Set New Price Targets
A number of research firms have recently issued reports on PD. Bank of America began coverage on PagerDuty in a report on Tuesday, December 2nd. They issued an “underperform” rating and a $12.00 price objective for the company. TD Cowen reduced their price target on PagerDuty from $22.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Wall Street Zen lowered shares of PagerDuty from a “strong-buy” rating to a “buy” rating in a report on Friday, November 28th. Craig Hallum cut shares of PagerDuty from a “buy” rating to a “hold” rating and dropped their target price for the stock from $20.00 to $15.00 in a research report on Wednesday, November 26th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of PagerDuty in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, PagerDuty has a consensus rating of “Hold” and a consensus target price of $17.18.
Read Our Latest Research Report on PD
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.
Featured Articles
- Five stocks we like better than PagerDuty
- What is the MACD Indicator and How to Use it in Your Trading
- Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?
- What is the Dogs of the Dow Strategy? Overview and Examples
- Gates Foundation Sells MSFT Stock—Should Investors Be Worried?
- Why is the Ex-Dividend Date Significant to Investors?
- MarketBeat Week in Review – 12/1 – 12/5
Receive News & Ratings for PagerDuty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PagerDuty and related companies with MarketBeat.com's FREE daily email newsletter.
