Dan Alexandru Solomon Sells 342,000 Shares of Pagerduty Inc (NYSE:PD) Stock

Dan Alexandru Solomon Sells 342,000 Shares of Pagerduty Inc (NYSE:PD) Stock

Pagerduty Inc (NYSE:PD) insider Dan Alexandru Solomon sold 342,000 shares of the company’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $22.32, for a total value of $7,633,440.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of PD opened at $49.08 on Thursday. Pagerduty Inc has a fifty-two week low of $36.00 and a fifty-two week high of $50.47.

Several equities analysts recently issued reports on the company. Piper Jaffray Companies assumed coverage on Pagerduty in a research report on Monday. They issued an “overweight” rating and a $52.00 target price on the stock. KeyCorp started coverage on Pagerduty in a research report on Monday. They issued a “sector weight” rating on the stock. Morgan Stanley started coverage on Pagerduty in a research report on Monday. They set an “equal weight” rating and a $47.00 price target on the stock. BTIG Research started coverage on Pagerduty in a research report on Monday. They set a “neutral” rating on the stock. Finally, Raymond James reaffirmed a “buy” rating and set a $5.00 price target on shares of Pagerduty in a research report on Tuesday, March 19th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $40.33.

About Pagerduty

PagerDuty, Inc operates a digital operations management platform. It provides incident management solution that integrates with information technology Ops and DevOps monitoring stacks to improve operational reliability and agility. The company was founded by Andrew Miklas, Baskar Puvanathasan, and Dan Alexandru Solomon in 2009 and is headquartered in San Francisco, CA.

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