Chief Legal Officer Shelley Webb Sells PagerDuty Inc (PD) Shares By GuruFocus

Chief Legal Officer Shelley Webb Sells PagerDuty Inc (PD) Shares By GuruFocus

GuruFocus – On July 5, 2024, Shelley Webb, Chief Legal Officer of PagerDuty Inc (NYSE:PD), sold 5,732 shares of the company’s stock. 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 specializing in digital operations management. It provides a platform for real-time operations, enabling companies to improve their digital infrastructure, resolve incidents and increase operational reliability.

Shelley Webb sold a total of 40,508 shares and bought no shares over the past year. This recent transaction is part of a broader trend of 15 insider sells and no insider buys at PagerDuty Inc. over the past year.

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

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

These insider sales can be of interest to current and potential investors, as insider transactions can provide insight into a company’s financial health and future prospects.

This article, generated by GuruFocus, is intended to provide general insights and is not tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology, and is not intended to provide specific investment guidance. It does not constitute a recommendation to buy or sell any stock, and does not take into account individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Please note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus has no position in the stocks mentioned herein.

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