Key Points
- Kenneth Stillwell, Pegasystems' CFO, sold 44,000 shares on March 10 at an average price of $44.81 for about $1.97 million, reducing his direct stake by 28.74% to 109,123 shares.
- Pegasystems beat the quarter with EPS $0.76 vs. $0.74 expected and revenue of $504.3M (up 2.8% y/y), set FY2026 guidance at 2.75 EPS, and carries a consensus analyst rating of "Moderate Buy" with an average target of $67.60.
- Shares recently traded at $41.64 (down $0.86) with a market cap of $7.04B; the 50‑day and 200‑day moving averages are $47.53 and $54.41, respectively, and the 12‑month range is $29.84–$68.10.
Pegasystems Inc. (NASDAQ:PEGA - Get Free Report) CFO Kenneth Stillwell sold 44,000 shares of the firm's stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $44.81, for a total transaction of $1,971,640.00. Following the completion of the transaction, the chief financial officer directly owned 109,123 shares in the company, valued at $4,889,801.63. This represents a 28.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Pegasystems Price Performance
Shares of NASDAQ:PEGA traded down $0.86 during trading on Friday, reaching $41.64. 611,791 shares of the company were exchanged, compared to its average volume of 2,295,270. The firm has a market capitalization of $7.04 billion, a PE ratio of 19.47 and a beta of 1.06. The business's fifty day simple moving average is $47.53 and its 200-day simple moving average is $54.41. Pegasystems Inc. has a 12-month low of $29.84 and a 12-month high of $68.10.
Pegasystems (NASDAQ:PEGA - Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The technology company reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.74 by $0.02. Pegasystems had a return on equity of 38.86% and a net margin of 22.54%.The firm had revenue of $504.32 million during the quarter, compared to analyst estimates of $494.60 million. During the same quarter in the previous year, the business earned $0.80 earnings per share. Pegasystems's quarterly revenue was up 2.8% on a year-over-year basis. Pegasystems has set its FY 2026 guidance at 2.750-2.750 EPS. On average, sell-side analysts anticipate that Pegasystems Inc. will post 1.89 EPS for the current fiscal year.
Pegasystems Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Pegasystems's dividend payout ratio is presently 5.63%.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on PEGA shares. Citizens Jmp lowered their price objective on shares of Pegasystems from $78.00 to $58.00 and set a "market outperform" rating for the company in a research note on Thursday, February 12th. KeyCorp set a $60.00 price target on shares of Pegasystems in a report on Thursday, February 5th. JPMorgan Chase & Co. upped their price target on shares of Pegasystems from $65.00 to $74.00 and gave the stock an "overweight" rating in a research report on Friday, December 5th. Weiss Ratings reissued a "hold (c+)" rating on shares of Pegasystems in a report on Monday, December 29th. Finally, Citigroup boosted their price objective on shares of Pegasystems from $73.00 to $75.00 and gave the stock a "buy" rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $67.60.
Read Our Latest Stock Report on PEGA
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. NewEdge Advisors LLC raised its stake in shares of Pegasystems by 1.4% during the 3rd quarter. NewEdge Advisors LLC now owns 13,652 shares of the technology company's stock worth $785,000 after acquiring an additional 189 shares in the last quarter. UMB Bank n.a. grew its holdings in Pegasystems by 27.3% in the third quarter. UMB Bank n.a. now owns 929 shares of the technology company's stock worth $53,000 after purchasing an additional 199 shares during the last quarter. Paralel Advisors LLC increased its position in shares of Pegasystems by 0.3% during the third quarter. Paralel Advisors LLC now owns 76,960 shares of the technology company's stock worth $4,425,000 after purchasing an additional 224 shares in the last quarter. Global Retirement Partners LLC lifted its holdings in shares of Pegasystems by 20.5% during the 3rd quarter. Global Retirement Partners LLC now owns 1,331 shares of the technology company's stock valued at $77,000 after purchasing an additional 226 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Pegasystems by 5.0% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 4,798 shares of the technology company's stock valued at $276,000 after purchasing an additional 228 shares during the last quarter. Hedge funds and other institutional investors own 46.89% of the company's stock.
About Pegasystems
(
Get Free Report)
Pegasystems Inc is a software company specializing in customer engagement and digital process automation solutions. Headquartered in Cambridge, Massachusetts, Pegasystems develops enterprise applications designed to help organizations streamline operations, manage customer interactions and automate complex workflows. Its platform supports a wide range of use cases, from sales and marketing optimization to case management and robotic process automation.
The core of Pegasystems' offering is the Pega Platform, a low-code development environment that enables businesses to build and deploy applications with minimal hand-coding.
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