Insider Selling: Wag! Group Co. (NASDAQ:PET) Insider Sells $11,140.73 in Stock

Wag! Group Co. (NASDAQ:PETGet Free Report) insider Adam Storm sold 7,477 shares of the firm’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of $1.49, for a total value of $11,140.73. Following the transaction, the insider now directly owns 1,321,791 shares in the company, valued at $1,969,468.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Adam Storm also recently made the following trade(s):

  • On Friday, June 14th, Adam Storm sold 7,812 shares of Wag! Group stock. The shares were sold at an average price of $1.54, for a total value of $12,030.48.
  • 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 Trading Up 2.8 %

Shares of NASDAQ PET opened at $1.48 on Friday. Wag! Group Co. has a one year low of $1.42 and a one year high of $2.65. The firm has a market capitalization of $60.12 million, a PE ratio of -4.11 and a beta of 1.76. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 15.59. The business has a 50-day moving average price of $1.89 and a two-hundred day moving average price of $1.91.

Wag! Group (NASDAQ:PETGet Free Report) last announced its quarterly earnings data on Thursday, May 9th. The company reported ($0.11) EPS for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.03. Wag! Group had a negative return on equity of 553.34% and a negative net margin of 15.92%. The firm had revenue of $23.22 million during the quarter, compared to analyst estimates of $22.60 million. As a group, analysts predict that Wag! Group Co. will post -0.27 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Wag! Group

A number of hedge funds and other institutional investors have recently made changes to their positions in PET. SVB Wealth LLC raised 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 in the last quarter. ATW Spac Management LLC bought a new position in shares of Wag! Group in the 3rd quarter valued at approximately $117,000. Finally, Cerity Partners LLC bought a new position in shares of Wag! Group in the 4th quarter valued at approximately $40,000. 86.16% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on PET. Chardan Capital reiterated a “buy” rating and issued a $8.00 price target on shares of Wag! Group in a research report on Friday, May 10th. DA Davidson decreased their price target on Wag! Group from $6.00 to $3.50 and set a “buy” rating for the company in a research report on Thursday, May 16th. Finally, Lake Street Capital began coverage on Wag! Group in a research report on Thursday, May 30th. They issued a “buy” rating and a $4.00 price target for the company.

View Our Latest Stock Report on Wag! Group

About Wag! Group

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Wag! Group (NASDAQ:PET)

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