Wag! Group Co. (NASDAQ:PET – Get Free Report) insider Adam Storm sold 7,812 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $1.54, for a total value of $12,030.48. Following the completion of the sale, the insider now owns 1,329,268 shares of the company’s stock, valued at approximately $2,047,072.72. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Adam Storm also recently made the following trade(s):
- On Monday, June 17th, Adam Storm sold 7,477 shares of Wag! Group stock. The shares were sold at an average price of $1.49, for a total value of $11,140.73.
- On Wednesday, June 12th, Adam Storm sold 7,803 shares of Wag! Group stock. The shares were sold at an average price of $1.51, for a total value of $11,782.53.
- On Monday, June 10th, Adam Storm sold 2,673 shares of Wag! Group stock. The stock was sold at an average price of $1.51, for a total value of $4,036.23.
- On Thursday, June 6th, Adam Storm sold 4,824 shares of Wag! Group stock. The stock was sold at an average price of $1.53, for a total value of $7,380.72.
- On Tuesday, June 4th, Adam Storm sold 3,280 shares of Wag! Group stock. The stock was sold at an average price of $1.51, for a total value of $4,952.80.
- On Thursday, May 30th, Adam Storm sold 13,999 shares of Wag! Group stock. The stock was sold at an average price of $1.54, for a total value of $21,558.46.
- On Tuesday, May 28th, Adam Storm sold 5,712 shares of Wag! Group stock. The stock was sold at an average price of $1.59, for a total value of $9,082.08.
- On Thursday, May 23rd, Adam Storm sold 6,880 shares of Wag! Group stock. The stock was sold at an average price of $1.63, for a total value of $11,214.40.
- On Monday, May 20th, Adam Storm sold 29,443 shares of Wag! Group stock. The stock was sold at an average price of $1.70, for a total value of $50,053.10.
- On Friday, May 17th, Adam Storm sold 12,739 shares of Wag! Group stock. The shares were sold at an average price of $1.95, for a total value of $24,841.05.
Wag! Group Stock Performance
NASDAQ:PET traded down $0.07 on Tuesday, hitting $1.44. The stock had a trading volume of 45,992 shares, compared to its average volume of 77,619. The stock has a market cap of $58.49 million, a price-to-earnings ratio of -4.00 and a beta of 1.77. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 15.59. The business’s 50-day simple moving average is $1.93 and its two-hundred day simple moving average is $1.92. Wag! Group Co. has a 52-week low of $1.42 and a 52-week high of $2.65.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on the company. Chardan Capital restated a “buy” rating and set a $8.00 price target on shares of Wag! Group in a report on Friday, May 10th. Lake Street Capital assumed coverage on Wag! Group in a report on Thursday, May 30th. They set a “buy” rating and a $4.00 price target for the company. Finally, DA Davidson reduced their price target on Wag! Group from $6.00 to $3.50 and set a “buy” rating for the company in a report on Thursday, May 16th.
Get Our Latest Report on Wag! Group
Hedge Funds Weigh In On Wag! Group
A number of large investors have recently bought and sold shares of the business. SVB Wealth LLC lifted its stake in shares of Wag! Group by 100.0% during the 4th quarter. SVB Wealth LLC now owns 140,000 shares of the company’s stock worth $245,000 after purchasing an additional 70,000 shares during the last quarter. ATW Spac Management LLC acquired a new stake in Wag! Group during the third quarter worth about $117,000. Finally, Cerity Partners LLC purchased a new position in Wag! Group during the fourth quarter worth approximately $40,000. Hedge funds and other institutional investors own 86.16% of the company’s stock.
Wag! Group Company Profile
Wag! Group Co develops and supports a proprietary marketplace technology platform available as a website and mobile app that enables independent pet caregivers to connect with pet parents. Its platform allows pet parents, who require specific pet care services, such as dog walking, pet sitting and boarding, advice from licensed pet experts, home visits, training, and pet insurance comparison tools.
Further Reading
- Five stocks we like better than Wag! Group
- What is an Earnings Surprise?
- Occidental Stock: Buffett’s 9-Day Buying Spree Lifts Stake to 29%
- Why Invest in 5G? How to Invest in 5G Stocks
- 3M Stock: Invest Now for Unmatched Quality and Growth Potential
- What is the Euro STOXX 50 Index?
- Super Micro AI Stock: Should You Invest After a 275% Increase?
Receive News & Ratings for Wag! Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wag! Group and related companies with MarketBeat.com's FREE daily email newsletter.