The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Pagerduty Inc shares valued at $31,380 were sold by Tejada Jennifer on Jan 28 ’25. At $20.00 per share, Tejada Jennifer sold 1,569 shares. The insider’s holdings dropped to 868,311 shares worth approximately $15.89 million following the completion of this transaction.
Also, Wilson Howard sold 600 shares, netting a total of over 12,000 in proceeds. Following the sale of shares at $20.00 each, the insider now holds 602,726 shares.
Before that, OWEN HOWARD WILSON had added 15,261 shares to its account. In a trade valued at $292,401, the Officer bought Pagerduty Inc shares for $19.16 each.
As published in a research note from BofA Securities on January 30, 2025, Pagerduty Inc [PD] has been rated down from a Buy to an Underperform and the price target has been revised to $18 from $23. Analysts at JP Morgan downgraded the stock from ‘”a Neutral”‘ to ‘”an Underweight”‘ outlook in a report released in mid December. As of July 18, 2024, Goldman has initiated its “Neutral” rating for PD. Earlier on June 28, 2024, Scotiabank initiated its rating. Their recommendation was “a Sector perform” for PD stock.
Analyzing PD Stock Performance
During the last five days, there has been a drop of approximately -4.98%. Over the course of the year, Pagerduty Inc shares have jumped approximately 0.22%. Shares of the company reached a 52-week high of $20.00 on 01/28/25 and a 52-week low of $17.01 on 01/10/25. A 50-day SMA is recorded $18.86, while a 200-day SMA reached $19.45. Nevertheless, trading volume fell to 0.73 million shares from 0.77 million shares the previous day.
Support And Resistance Levels for Pagerduty Inc (PD)
According to the 24-hour chart, there is a support level at 18.03, which, if violated, would cause prices to drop to 17.75. In the upper region, resistance lies at 18.49. The next price resistance is at 18.67. RSI (Relative Strength Index) is 42.05 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.33, which suggests the price will decrease in the coming days. Percent R is at 80.11%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
