Wag! Group Co. (NASDAQ:PET) COO Sells $20,760.48 in Stock

Wag! Group Co. (NASDAQ:PET) COO Dylan Allread sold 9,981 shares of Wag! Group stock in a transaction that occurred on Friday, April 19th. The stock was sold at an average price of $2.08, for a total value of $20,760.48. Following the completion of the transaction, the chief operating officer now owns 439,555 shares of the company’s stock, valued at approximately $914,274.40. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

• On Wednesday, April 17th, Dylan Allread sold 35,855 shares of Wag! Group stock. The stock was sold at an average price of $2.12, for a total value of $76,012.60.
• 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 transaction of $1,449.00.
• On Wednesday, March 20th, Dylan Allread sold 3,429 shares of Wag! Group stock. The stock was sold at an average price of $1.97, for a total transaction 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 transaction of $3,143.64.
• On Thursday, March 14th, Dylan Allread sold 4,887 shares of Wag! Group stock. The stock was sold at an average price of $2.03, for a total transaction of $9,920.61.
• On Tuesday, February 20th, Dylan Allread sold 9,195 shares of Wag! Group stock. The stock was 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 stock was sold at an average price of $2.05, for a total value of $47,166.40.

Wag! Group Stock Performance

PET stock traded up $0.03 during mid-day trading on Friday, reaching $2.11. The company had a trading volume of 39,534 shares, compared to its average volume of 68,250. Wag! Group Co. has a one year low of $1.59 and a one year high of $2.70. The stock has a market capitalization of $85.12 million, a P/E ratio of -5.94 and a beta of 2.33. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 15.59. The stock’s 50-day simple moving average is $2.07 and its two-hundred day simple moving average is $1.88.

Wag! Group (NASDAQ:PET) last issued its quarterly earnings data on Wednesday, February 14th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.04). The firm had revenue of $21.67 million during the quarter, compared to the consensus estimate of $20.70 million. Wag! Group had a negative net margin of 15.87% and a negative return on equity of 275.90%. Research analysts anticipate that Wag! Group Co. will post -0.14 EPS for the current year.

Institutional Investors Weigh In On Wag! Group

Large investors have recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in Wag! Group in the 3rd quarter worth about $43,000. SVB Financial Group acquired a new stake in Wag! Group in the fourth quarter valued at approximately $130,000. Rockefeller Capital Management L.P. acquired a new position in shares of Wag! Group during the 4th quarter worth $38,000. Cerity Partners LLC bought a new stake in Wag! Group in the first quarter worth $78,000. Finally, CIBC Asset Management Inc acquired a new position in Wag! Group during the first quarter worth $47,000. Institutional investors and hedge funds 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.