Insider Sale: Chief Legal Officer Shelley Webb Sells Shares of PagerDuty Inc (PD)

Article's Main Image

On July 5, 2024, Shelley Webb, Chief Legal Officer of PagerDuty Inc (PD, Financial), sold 5,732 shares of the company. The transaction was documented in an SEC Filing. Following this sale, the insider now owns 235,657 shares of PagerDuty Inc.

PagerDuty Inc is a company that specializes in digital operations management. It offers a platform for real-time operations, enabling businesses to improve their digital infrastructure, resolve incidents, and enhance their operational reliability.

Over the past year, Shelley Webb has sold a total of 40,508 shares and has not purchased any shares. This recent transaction is part of a broader trend where there have been 15 insider sells and no insider buys over the last year at PagerDuty Inc.

Shares of PagerDuty Inc were trading at $21.98 on the day of the sale, giving the company a market cap of approximately $2.01 billion. According to the GF Value, the intrinsic value of the stock is estimated at $33.39, suggesting that the stock might be undervalued with a price-to-GF-Value ratio of 0.66. This valuation indicates that the stock is a Possible Value Trap, and potential investors should think twice.

The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

1810796271456382976.png

1810796353350168576.png

This insider sale could be of interest to current and potential investors, as insider transactions can provide insights into a company's financial health 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.