Dylan Allread Sells 35,855 Shares of Wag! Group Co. (NASDAQ:PET) Stock

Posted by AM Reporter Staff on Apr 19th, 2024

Wag! Group Co. (NASDAQ:PET – Get Free Report) COO Dylan Allread sold 35,855 shares of the stock in a transaction that occurred on Wednesday, April 17th. The stock was sold at an average price of $2.12, for a total value of $76,012.60. Following the transaction, the chief operating officer now directly owns 439,555 shares of the company’s stock, valued at $931,856.60. The sale was disclosed in a filing with the SEC, which is available at this link.

Dylan Allread also recently made the following trade(s):

On Monday, April 15th, Dylan Allread sold 700 shares of Wag! Group stock. The shares were sold at an average price of $2.07, for a total value of $1,449.00.
On Wednesday, March 20th, Dylan Allread sold 3,429 shares of Wag! Group stock. The shares were sold at an average price of $1.97, for a total value of $6,755.13.
On Monday, March 18th, Dylan Allread sold 1,564 shares of Wag! Group stock. The shares were sold at an average price of $2.01, for a total value of $3,143.64.
On Thursday, March 14th, Dylan Allread sold 4,887 shares of Wag! Group stock. The shares were sold at an average price of $2.03, for a total value of $9,920.61.
On Tuesday, February 20th, Dylan Allread sold 9,195 shares of Wag! Group stock. The shares were sold at an average price of $2.13, for a total value of $19,585.35.
On Wednesday, February 14th, Dylan Allread sold 23,008 shares of Wag! Group stock. The shares were sold at an average price of $2.05, for a total value of $47,166.40.
On Thursday, January 18th, Dylan Allread sold 26,703 shares of Wag! Group stock. The shares were sold at an average price of $1.67, for a total value of $44,594.01.

Wag! Group Stock Performance

NASDAQ PET opened at $2.08 on Friday. The business has a 50 day moving average price of $2.07 and a 200 day moving average price of $1.88. The company has a market capitalization of $83.91 million, a P/E ratio of -5.94 and a beta of 2.33. The company has a debt-to-equity ratio of 15.59, a current ratio of 1.73 and a quick ratio of 1.73. Wag! Group Co. has a 1-year low of $1.59 and a 1-year high of $2.70.

Wag! Group (NASDAQ:PET – Get Free Report) last announced its earnings results on Wednesday, February 14th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.04). The company had revenue of $21.67 million for the quarter, compared to analyst estimates of $20.70 million. Wag! Group had a negative net margin of 15.87% and a negative return on equity of 275.90%. Sell-side analysts expect that Wag! Group Co. will post -0.14 EPS for the current fiscal year.

Institutional Investors Weigh In On Wag! Group

A number of large investors have recently bought and sold shares of PET. Geode Capital Management LLC boosted its holdings in shares of Wag! Group by 5.0% during the second quarter. Geode Capital Management LLC now owns 91,676 shares of the company’s stock worth $193,000 after purchasing an additional 4,406 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Wag! Group by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 492,902 shares of the company’s stock worth $863,000 after purchasing an additional 4,601 shares during the last quarter. SVB Wealth LLC boosted its holdings in shares of Wag! Group by 7.7% during the first quarter. SVB Wealth LLC now owns 70,000 shares of the company’s stock worth $157,000 after purchasing an additional 5,000 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new stake in shares of Wag! Group during the fourth quarter worth $38,000. Finally, Two Sigma Securities LLC acquired a new stake in shares of Wag! Group during the second quarter worth $44,000. Institutional investors and hedge funds own 86.16% of the company’s stock.

Wag! Group Company Profile

(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.