Pegasystems Inc. (NASDAQ:PEGA) SVP Leon Trefler sold 687 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $69.66, for a total value of $47,856.42. Following the completion of the sale, the senior vice president now directly owns 11,475 shares in the company, valued at $799,348.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Leon Trefler also recently made the following trade(s):

  • On Thursday, August 1st, Leon Trefler sold 752 shares of Pegasystems stock. The shares were sold at an average price of $76.21, for a total value of $57,309.92.
  • On Monday, July 1st, Leon Trefler sold 772 shares of Pegasystems stock. The shares were sold at an average price of $71.95, for a total value of $55,545.40.

PEGA stock traded up $0.11 during mid-day trading on Friday, reaching $71.58. The company’s stock had a trading volume of 185,004 shares, compared to its average volume of 233,301. The business’s 50 day moving average price is $72.28 and its 200 day moving average price is $70.45. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.10. Pegasystems Inc. has a 12 month low of $43.21 and a 12 month high of $79.67.

Pegasystems (NASDAQ:PEGA) last issued its earnings results on Wednesday, August 7th. The technology company reported ($0.50) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.33) by ($0.17). The business had revenue of $205.60 million during the quarter, compared to the consensus estimate of $203.16 million. Pegasystems had a negative return on equity of 9.39% and a negative net margin of 5.95%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. Research analysts forecast that Pegasystems Inc. will post -0.77 earnings per share for the current year.

A number of analysts have recently commented on the company. TheStreet lowered Pegasystems from a “b-” rating to a “c” rating in a research note on Wednesday, May 22nd. Wedbush lifted their price target on Pegasystems from $90.00 to $95.00 and gave the company an “outperform” rating in a research note on Thursday, August 8th. BidaskClub lowered Pegasystems from a “hold” rating to a “sell” rating in a research note on Tuesday, August 20th. Finally, Zacks Investment Research raised Pegasystems from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 10th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $80.20.

Hedge funds have recently modified their holdings of the business. Public Employees Retirement System of Ohio increased its holdings in shares of Pegasystems by 2.9% during the second quarter. Public Employees Retirement System of Ohio now owns 8,427 shares of the technology company’s stock valued at $600,000 after acquiring an additional 236 shares in the last quarter. California State Teachers Retirement System increased its holdings in shares of Pegasystems by 0.5% during the first quarter. California State Teachers Retirement System now owns 59,518 shares of the technology company’s stock valued at $3,869,000 after acquiring an additional 269 shares in the last quarter. Treasurer of the State of North Carolina increased its holdings in shares of Pegasystems by 2.1% during the second quarter. Treasurer of the State of North Carolina now owns 15,295 shares of the technology company’s stock valued at $1,089,000 after acquiring an additional 310 shares in the last quarter. Quantamental Technologies LLC increased its holdings in shares of Pegasystems by 542.2% during the first quarter. Quantamental Technologies LLC now owns 411 shares of the technology company’s stock valued at $27,000 after acquiring an additional 347 shares in the last quarter. Finally, Captrust Financial Advisors bought a new stake in shares of Pegasystems during the second quarter valued at approximately $32,000. Institutional investors and hedge funds own 44.96% of the company’s stock.

Pegasystems Company Profile

Pegasystems Inc develops, markets, licenses, and supports enterprise software applications in the United States, India, and internationally. It provides Pega Platform, an application development product for clients; and Pega Infinity, a software platform that unifies customer engagement and digital process automation.

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