On October 9, 2024, Shelley Webb, the Chief Legal and People Officer of PagerDuty Inc (PD, Financial), sold 6,246 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 216,572 shares of PagerDuty Inc.
PagerDuty Inc is a company that specializes in digital operations management. Its platform provides solutions for IT incident response, alerting, and on-call management, aiming to help businesses enhance their digital operations and respond to issues in real-time.
Over the past year, Shelley Webb has sold a total of 30,031 shares and has not made any purchases of the company's stock. The insider transaction history for PagerDuty Inc shows a trend of more sales than purchases among insiders, with 18 insider sells and no insider buys over the same timeframe.
Shares of PagerDuty Inc were trading at $18.12 on the day of the sale. The company has a market cap of approximately $1.686 billion.
According to the GF Value, the intrinsic value of PagerDuty Inc's stock is estimated at $30.69, which suggests that the stock is currently undervalued with a price-to-GF-Value ratio of 0.59. This valuation indicates that the stock might be a Possible Value Trap, and potential investors should think twice before investing.
The GF Value is calculated based on historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business results.
This insider sale might provide valuable insight for current and potential investors into how insiders view the stock's current valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
