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PagerDuty Chair Jennifer Tejada Sells $1.6M in Shares

PagerDuty Executive Chair Jennifer Tejada sold 107,000 shares of common stock on September 30, 2026, generating approximately $1.62 million under a pre-arranged trading plan filed with the SEC.

Executive Chair and Director Jennifer Tejada trimmed her stake in PagerDuty (NYSE:PD) through a transaction executed on Wednesday, September 30, 2026. The sale involved 107,000 common shares sold at a weighted average price of $15.1097, with individual trades ranging between $15.00 and $15.25 per share, according to a Form 4 filed with the Securities and Exchange Commission (SEC). The total value of the transaction reached $1,616,770.00. The Form 4 was signed by Christopher Ferro as Attorney-in-Fact for Jennifer Tejada.

Rule 10b5-1 Plan and Direct Ownership Changes

The transactions were conducted under a pre-arranged Rule 10b5-1 trading plan that Tejada originally adopted on September 10, 2025. This follows an earlier September trade where Tejada sold 8,000 shares on September 24 at an average price of $15.00, totaling $120,000.00. Following the September 30 execution, Tejada’s direct beneficial ownership stands at 1,563,251 shares, which includes restricted stock units and is valued at approximately $23,620,722.61.

Beyond her direct holdings, the filing outlines substantial indirect ownership through multiple family trusts. Tejada holds 171,870 shares in the Langford Island Trust. Additionally, she maintains holdings across six grantor retained annuity trusts, including 4,456 shares each in two 2024 trusts, 11,527 shares each in two additional 2024 trusts, and 31,368 shares each across two 2025 grantor retained annuity trusts.

Financial Standing and Stock Market Performance

PagerDuty features a beta of 0.96 alongside a PE ratio of 7.23, a P/E/G ratio of 2.23, and a total market capitalization of $1.14 billion. The 12-month trading range spans a low of $5.70 and a high of $16.91, accompanied by a 50-day simple moving average of $12.40 and a 200-day simple moving average of $9.44. During the transactions, the stock recorded a trading volume of 1,301,119 shares, compared to its average volume of 2,381,246.

The company reported quarterly revenue of $124.44 million, compared to analyst consensus estimates of $123.27 million and representing a 0.8% increase year over year when the company earned $0.32 earnings per share. PagerDuty achieved a net margin of 37.50% and a return on equity of 18.52%. PagerDuty has set its full-year fiscal 2027 guidance at 1.330 to 1.370 EPS and its third-quarter fiscal 2027 guidance at 0.340 to 0.360 EPS, while equities analysts anticipate the company will post 0.69 earnings per share for the current year.

Wall Street Consensus and Institutional Holdings

Analyst sentiment across the financial sector includes several updates. In a publication on Friday, September 18th, Weiss Ratings upgraded PagerDuty shares from a hold (c-) to a hold (c). The price target for PagerDuty was bumped up from $9.00 to $12.00 by the Royal Bank Of Canada, which also assigned a sector perform rating in their Friday, August 14th report. A research note issued Friday, August 28th, by Canaccord Genuity Group showed their price objective lifted from $10.00 to $15.00 alongside a buy rating. Morgan Stanley adjusted its price objective on PagerDuty from $9.00 to $10.00 while maintaining an underweight rating in a Friday, August 28th research note. Lastly, a research report from UBS Group on Wednesday, August 26th, established a price target of $13.50 on PagerDuty.

According to data tracked by MarketBeat, the stock carries a consensus Hold rating alongside an average price target of $12.56. Institutional investors and hedge funds control 97.26% of the company’s stock. Recent institutional activity includes Pacer Advisors Inc. growing its stake in PagerDuty by 73.9% in the first quarter, and Ieq Capital LLC acquiring a new position in shares of PagerDuty during the second quarter valued at about $3,918,000. Y Intercept Hong Kong Ltd increased its position by 183,770 shares over the previous quarter, bringing its total ownership to 206,701 shares valued at $1,284,000.

PagerDuty CEO Jennifer Tejada on GovExec TV