Wag! Group (PET) Scheduled to Post Quarterly Earnings on Wednesday

Wag! Group (NASDAQ:PET) will announce its earnings results before the market opens on Wednesday, November 13th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Wag! Group Stock Up 0.7 %

Shares of PET stock opened at $0.64 on Monday. The firm has a market cap of $31.24 million, a P/E ratio of -2.00 and a beta of 1.79. The company has a 50 day moving average of $0.80 and a 200-day moving average of $1.26. Wag! Group has a 12-month low of $0.56 and a 12-month high of $2.47.

Analysts Set New Price Targets

Several brokerages have issued reports on PET. Oppenheimer lowered their target price on Wag! Group from $6.00 to $3.00 and set an “outperform” rating on the stock in a research note on Friday, August 9th. Roth Mkm dropped their price objective on shares of Wag! Group from $4.00 to $3.50 and set a “buy” rating on the stock in a report on Tuesday, July 16th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, Wag! Group has an average rating of “Buy” and a consensus price target of $4.40.

Insider Transactions at Wag! Group

In related news, major shareholder John P. Szabo, Jr. acquired 50,000 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The shares were bought at an average cost of $0.93 per share, for a total transaction of $46,500.00. Following the purchase, the insider now owns 3,250,000 shares in the company, valued at $3,022,500. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, major shareholder John P. Szabo, Jr. purchased 61,519 shares of the business’s stock in a transaction on Thursday, September 19th. The stock was purchased at an average cost of $0.82 per share, with a total value of $50,445.58. Following the acquisition, the insider now directly owns 3,061,519 shares in the company, valued at approximately $2,510,445.58. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder John P. Szabo, Jr. purchased 50,000 shares of the firm’s stock in a transaction dated Monday, September 23rd. The stock was purchased at an average cost of $0.93 per share, for a total transaction of $46,500.00. Following the acquisition, the insider now owns 3,250,000 shares of the company’s stock, valued at approximately $3,022,500. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders sold 251,727 shares of company stock valued at $188,048 over the last three months. Company insiders own 23.20% 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.