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Pagerduty Inc [PD] Former Officer makes an insider purchase of 40,000 shares worth 0.71 million.

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Pagerduty Inc shares valued at $706,732 were purchased by MITRA REZVAN on Mar 05 ’25. At $17.67 per share, MITRA REZVAN acquired 40,000 shares.

Also, Tejada Jennifer sold 1,569 shares, netting a total of over 31,380 in proceeds. Following the sale of shares at $20.00 each, the insider now holds 868,311 shares.

Before that, Wilson Howard had sold 600 shares from its account. In a trade valued at $12,000, the Chief Financial Officer traded Pagerduty Inc shares for $20.00 each. Upon closing the transaction, the insider’s holdings decreased to 600 shares, worth approximately $9.41 million.

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 -9.61%. Over the course of the year, Pagerduty Inc shares have dropped approximately -14.51%. Shares of the company reached a 52-week high of $20.00 on 01/28/25 and a 52-week low of $15.49 on 03/13/25. A 50-day SMA is recorded $18.22, while a 200-day SMA reached $19.22.

Support And Resistance Levels for Pagerduty Inc (PD)

According to the 24-hour chart, there is a support level at 15.34, which, if violated, would cause prices to drop to 15.07. In the upper region, resistance lies at 16.03. The next price resistance is at 16.44. RSI (Relative Strength Index) is 23.52 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.16, which suggests the price will decrease in the coming days. Percent R is at 95.55%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

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