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

Wag! Group Co. (NASDAQ:PET) COO Dylan Allread sold 35,855 shares of the firm’s stock in a transaction that occurred on Wednesday, April 17th. The shares were sold at an average price of $2.12, for a total transaction of $76,012.60. Following the transaction, the chief operating officer now owns 439,555 shares in the company, valued at approximately $931,856.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Monday, April 15th, Dylan Allread sold 700 shares of Wag! Group stock. The stock was 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 stock was 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 transaction 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 transaction of $47,166.40.
• On Thursday, January 18th, Dylan Allread sold 26,703 shares of Wag! Group stock. The stock was sold at an average price of $1.67, for a total transaction of $44,594.01.

Wag! Group Trading Up 2.4 %

Wag! Group stock traded up $0.05 during midday trading on Wednesday, reaching $2.12. The stock had a trading volume of 76,996 shares, compared to its average volume of 69,232. The firm’s fifty day simple moving average is $2.06 and its two-hundred day simple moving average is $1.88. Wag! Group Co. has a twelve month low of $1.59 and a twelve month high of $2.70. The company has a debt-to-equity ratio of 15.59, a current ratio of 1.73 and a quick ratio of 1.73. The firm has a market cap of $85.52 million, a price-to-earnings ratio of -6.09 and a beta of 2.33.

Wag! Group (NASDAQ:PET) last issued its earnings results on Wednesday, February 14th. The company reported ($0.09) earnings per share (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%. Equities analysts anticipate that Wag! Group Co. will post -0.14 EPS for the current fiscal year.

Institutional Investors Weigh In On Wag! Group

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of Wag! Group by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 492,902 shares of the company’s stock valued at $863,000 after purchasing an additional 4,601 shares in the last quarter. Bridgeway Capital Management LLC raised its holdings in shares of Wag! Group by 59.4% during the 4th quarter. Bridgeway Capital Management LLC now owns 111,600 shares of the company’s stock valued at $198,000 after purchasing an additional 41,600 shares in the last quarter. Citadel Advisors LLC raised its holdings in shares of Wag! Group by 118.7% during the 4th quarter. Citadel Advisors LLC now owns 39,715 shares of the company’s stock valued at $70,000 after purchasing an additional 21,552 shares in the last quarter. SVB Wealth LLC raised its holdings 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 valued at $245,000 after purchasing an additional 70,000 shares in the last quarter. Finally, Cerity Partners LLC bought a new position in Wag! Group in the 4th quarter worth $40,000. 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.