KD Logo

Pagerduty Inc (PD) receives a Neutral rating from Goldman

Pagerduty Inc’s recent filing unveils that its Chief Executive Officer Tejada Jennifer unloaded Company’s shares for reported $0.38 million on Aug 23 ’24. In the deal valued at $20.09 per share,18,750 shares were sold. As a result of this transaction, Tejada Jennifer now holds 1,010,861 shares worth roughly $18.49 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Tejada Jennifer sold 14,512 shares, generating $319,264 in total proceeds. Upon selling the shares at $22.00, the Chief Executive Officer now owns 1,010,861 shares.

Before that, Tejada Jennifer sold 2,000 shares. Pagerduty Inc shares valued at $44,000 were divested by the Chief Executive Officer at a price of $22.00 per share. As a result of the transaction, Tejada Jennifer now holds 1,015,637 shares, worth roughly $18.58 million.

Goldman initiated its Pagerduty Inc [PD] rating to a Neutral in a research note published on July 18, 2024; the price target was $24. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in late June with a ‘”a Sector perform”‘ rating. JP Morgan began covering PD with “Neutral” recommendation on June 27, 2024. Craig Hallum revised its rating on June 12, 2024. It rated PD as “a Buy” which previously was an “a Hold”.

Price Performance Review of PD

On Tuesday, Pagerduty Inc [NYSE:PD] saw its stock fall -7.53% to $18.29. Over the last five days, the stock has lost -9.19%. Pagerduty Inc shares have fallen nearly -20.99% since the year began. Nevertheless, the stocks have fallen -29.00% over the past one year. While a 52-week high of $26.70 was reached on 01/12/24, a 52-week low of $17.92 was recorded on 05/30/24. SMA at 50 days reached $20.38, while 200 days put it at $21.83.

Levels Of Support And Resistance For PD Stock

The 24-hour chart illustrates a support level at 17.74, which if violated will result in even more drops to 17.20. On the upside, there is a resistance level at 19.34. A further resistance level may holdings at 20.40. The Relative Strength Index (RSI) on the 14-day chart is 39.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.17%. Stochastics %K at 48.99% indicates the stock is a holding.

How much short interest is there in Pagerduty Inc?

A steep rise in short interest was recorded in Pagerduty Inc stocks on 2024-08-15, dropping by -0.55 million shares to a total of 11.04 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 11.6 million shares. There was a decline of -5.02%, which implies that there is a negative sentiment for the stock.

Most Popular