Vest Financial LLC Acquires 26,184 Shares of Pegasystems Inc. $PEGA

Vest Financial LLC raised its holdings in Pegasystems Inc. (NASDAQ:PEGA) by 16.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 186,635 shares of the technology company’s stock after purchasing an additional 26,184 shares during the period. Vest Financial LLC owned 0.11% of Pegasystems worth $6,211,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of PEGA. Nisa Investment Advisors LLC grew its stake in Pegasystems by 26.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,547 shares of the technology company’s stock valued at $52,000 after buying an additional 323 shares in the last quarter. Alpine Bank Wealth Management bought a new stake in shares of Pegasystems during the 3rd quarter valued at $27,000. Vontobel Holding Ltd. raised its stake in shares of Pegasystems by 87.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 13,623 shares of the technology company’s stock valued at $453,000 after purchasing an additional 6,339 shares during the period. TD Waterhouse Canada Inc. lifted its holdings in Pegasystems by 37.2% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 4,637 shares of the technology company’s stock worth $160,000 after purchasing an additional 1,257 shares in the last quarter. Finally, Copeland Capital Management LLC lifted its holdings in Pegasystems by 26.4% during the 3rd quarter. Copeland Capital Management LLC now owns 1,777,785 shares of the technology company’s stock worth $59,165,000 after purchasing an additional 370,824 shares in the last quarter. Institutional investors own 46.89% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on PEGA shares. Citigroup cut their target price on Pegasystems from $52.00 to $50.00 and set a “buy” rating for the company in a research note on Thursday. UBS Group lowered shares of Pegasystems to a “sell” rating in a research report on Wednesday. JPMorgan Chase & Co. restated a “neutral” rating and issued a $47.00 price objective (down from $54.00) on shares of Pegasystems in a research report on Thursday, September 17th. DA Davidson set a $35.00 price objective on shares of Pegasystems in a research note on Thursday. Finally, Weiss Ratings raised shares of Pegasystems from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 15th. Six investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $45.73.

Trending Headlines about Pegasystems

Here are the key news stories impacting Pegasystems this week:

• Positive Sentiment: Analyst support remains strong: RBC Capital reiterated a Buy-equivalent view, while Barclays also initiated or reiterated a Buy rating. RBC previously raised its price target to $40 from $35, suggesting confidence in Pegasystems’ long-term opportunity. Pegasystems Gets a Buy from RBC Capital Pegasystems Receives a Buy from Barclays
• Positive Sentiment: Cloud momentum and product positioning are encouraging: Pega Cloud annual contract value increased 20%, buybacks continued, and an independent research firm named Pega a leader in application generation and low-code platforms. These developments support the company’s competitive moat and recurring-revenue potential. Pega Named a Leader in AppGen and Low-Code Platforms
• Neutral Sentiment: Citigroup remains bullish but reduced its target: Citi cut its price target to $50 from $52 while maintaining a Buy rating. The lower target reflects near-term caution, but it still implies substantial potential upside based on the referenced share price.
• Negative Sentiment: The main pressure is the third-quarter miss: Pegasystems reported adjusted earnings of $0.35 per share versus expectations of $0.45, while revenue of $393.4 million fell short of the $421.1 million consensus. Revenue growth was only 3.1% year over year, reinforcing concerns about slowing demand and execution. Pegasystems Stock Falls on Disappointing Earnings
• Negative Sentiment: Margins and AI monetization remain concerns: Coverage of the earnings call highlighted a sharper margin squeeze, go-to-market changes and execution challenges. Investors are questioning whether Pega’s AI investments are producing enough new customer wins and cash flow, making the near-term outlook less certain. Pegasystems Q3 Miss and AI-to-Cash-Flow Challenges

Pegasystems Stock Down 0.6%

NASDAQ:PEGA opened at $36.42 on Friday. The business’s 50-day moving average price is $35.17 and its two-hundred day moving average price is $34.32. Pegasystems Inc. has a twelve month low of $25.10 and a twelve month high of $68.10. The stock has a market cap of $5.96 billion, a P/E ratio of 28.86 and a beta of 0.89.

Pegasystems (NASDAQ:PEGA) last issued its quarterly earnings data on Tuesday, October 20th. The technology company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.10). The business had revenue of $393.36 million for the quarter, compared to analysts’ expectations of $421.06 million. Pegasystems had a return on equity of 35.22% and a net margin of 16.86%. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.30 EPS. On average, equities research analysts expect that Pegasystems Inc. will post 1.69 EPS for the current fiscal year.

Pegasystems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Thursday, October 1st. Pegasystems’s payout ratio is currently 7.45%.

Insider Activity at Pegasystems

In related news, CFO Kenneth Stillwell sold 39,627 shares of the stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $35.77, for a total transaction of $1,417,457.79. Following the completion of the sale, the chief financial officer directly owned 95,225 shares in the company, valued at $3,406,198.25. This represents a 29.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Dianne Ledingham sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $38.00, for a total transaction of $38,000.00. Following the completion of the transaction, the director owned 39,280 shares in the company, valued at $1,492,640. This represents a 2.48% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 53,672 shares of company stock valued at $1,921,657 over the last ninety days. 48.40% of the stock is currently owned by insiders.

Pegasystems Company Profile

Pegasystems Inc is a software company that develops enterprise applications for customer engagement, workflow automation and business process management. Its technology helps organizations manage customer interactions, automate repetitive work, coordinate complex processes and make data-driven decisions across departments and channels.

The company’s portfolio includes Pega Platform, a low-code application development and workflow platform, along with solutions for customer service, sales automation, marketing, decisioning and artificial intelligence.