Wag! Group (PET) Set to Announce Earnings on Wednesday

Wag! Group (NASDAQ:PET) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, November 13th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Wag! Group Trading Up 1.9 %

Shares of PET opened at $0.65 on Tuesday. The firm has a fifty day simple moving average of $0.80 and a two-hundred day simple moving average of $1.25. Wag! Group has a 1-year low of $0.56 and a 1-year high of $2.47.

Insider Buying and Selling

In related news, CFO Alec Davidian sold 36,204 shares of the company’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $0.72, for a total value of $26,066.88. Following the completion of the transaction, the chief financial officer now owns 839,400 shares of the company’s stock, valued at approximately $604,368. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other Wag! Group news, CFO Alec Davidian sold 36,204 shares of the stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $0.72, for a total transaction of $26,066.88. Following the completion of the transaction, the chief financial officer now owns 839,400 shares of the company’s stock, valued at $604,368. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CMO Patrick Mccarthy sold 46,544 shares of the stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $0.72, for a total transaction of $33,511.68. Following the transaction, the chief marketing officer now directly owns 722,605 shares of the company’s stock, valued at $520,275.60. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 251,727 shares of company stock valued at $188,048. Company insiders own 23.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Oppenheimer reduced their price objective on Wag! Group from $6.00 to $3.00 and set an “outperform” rating for the company in a research note on Friday, August 9th. Roth Mkm reduced their price objective on Wag! Group from $4.00 to $3.50 and set a “buy” rating for the company in a research note on Tuesday, July 16th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Wag! Group presently has an average rating of “Buy” and an average target price of $4.40.

About Wag! Group

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.