Key Points
- Insider sale: Rifat Kerim Akgonul sold 7,594 shares on March 16 at an average price of $43.39 for total proceeds of $329,503.66, trimming his stake by 6.38% to 111,429 shares worth about $4.83M.
- Q4 beat and guidance: Pegasystems reported $0.76 EPS vs. $0.74 expected and $504.32M revenue vs. $494.6M, and set FY2026 guidance at 2.75 EPS (analysts expect ~1.89 EPS for the current year).
- Dividend and analyst view: The company declared a $0.03 quarterly dividend (annualized $0.12, ~0.3% yield) and holds a consensus analyst rating of Moderate Buy with a $67.60 target price.
Pegasystems Inc. (NASDAQ:PEGA - Get Free Report) insider Rifat Kerim Akgonul sold 7,594 shares of the business's stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $43.39, for a total value of $329,503.66. Following the completion of the transaction, the insider directly owned 111,429 shares in the company, valued at approximately $4,834,904.31. The trade was a 6.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Pegasystems Price Performance
Pegasystems stock opened at $42.48 on Wednesday. The business has a 50 day simple moving average of $46.59 and a 200-day simple moving average of $54.20. Pegasystems Inc. has a 12 month low of $29.84 and a 12 month high of $68.10. The stock has a market capitalization of $7.18 billion, a PE ratio of 19.90 and a beta of 1.06.
Pegasystems (NASDAQ:PEGA - Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The technology company reported $0.76 earnings per share for the quarter, beating analysts' consensus estimates of $0.74 by $0.02. The firm had revenue of $504.32 million for the quarter, compared to analyst estimates of $494.60 million. Pegasystems had a net margin of 22.54% and a return on equity of 38.86%. Pegasystems's quarterly revenue was up 2.8% on a year-over-year basis. During the same period last year, the firm posted $0.80 EPS. Pegasystems has set its FY 2026 guidance at 2.750-2.750 EPS. As a group, equities research analysts anticipate that Pegasystems Inc. will post 1.89 EPS for the current year.
Pegasystems Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be issued a $0.03 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. Pegasystems's payout ratio is presently 5.63%.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on the stock. Weiss Ratings reissued a "hold (c+)" rating on shares of Pegasystems in a report on Monday, December 29th. Zacks Research raised Pegasystems from a "hold" rating to a "strong-buy" rating in a report on Friday, February 13th. JPMorgan Chase & Co. boosted their target price on Pegasystems from $65.00 to $74.00 and gave the stock an "overweight" rating in a research report on Friday, December 5th. Citigroup raised their price target on Pegasystems from $73.00 to $75.00 and gave the company a "buy" rating in a report on Wednesday, March 11th. Finally, Royal Bank Of Canada set a $65.00 price target on Pegasystems and gave the company an "outperform" rating in a research note on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, Pegasystems presently has an average rating of "Moderate Buy" and a consensus target price of $67.60.
Read Our Latest Stock Report on Pegasystems
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC purchased a new position in Pegasystems in the fourth quarter valued at about $28,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of Pegasystems during the 3rd quarter valued at approximately $28,000. EFG International AG purchased a new stake in shares of Pegasystems during the 4th quarter worth approximately $32,000. Hantz Financial Services Inc. boosted its stake in shares of Pegasystems by 321.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 565 shares of the technology company's stock worth $32,000 after acquiring an additional 431 shares in the last quarter. Finally, Mather Group LLC. acquired a new stake in shares of Pegasystems in the 3rd quarter worth approximately $33,000. 46.89% of the stock is currently owned by institutional investors and hedge funds.
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.
Further Reading
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