Insider Selling: Pegasystems (NASDAQ:PEGA) Insider Sells $101,970.00 in Stock

Pegasystems Inc. (NASDAQ:PEGA) insider Rifat Kerim Akgonul sold 3,000 shares of the firm’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $33.99, for a total transaction of $101,970.00. Following the completion of the transaction, the insider directly owned 108,049 shares of the company’s stock, valued at approximately $3,672,585.51. The trade was a 2.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Pegasystems Trading Up 0.8%

PEGA stock opened at $36.17 on Friday. Pegasystems Inc. has a 1-year low of $25.10 and a 1-year high of $68.10. The stock has a market cap of $5.95 billion, a price-to-earnings ratio of 20.44 and a beta of 0.87. The company’s 50 day moving average is $31.46 and its 200 day moving average is $36.53.

Pegasystems (NASDAQ:PEGA) last issued its quarterly earnings results on Tuesday, July 21st. The technology company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.08). Pegasystems had a return on equity of 32.21% and a net margin of 18.66%.The company had revenue of $420.72 million during the quarter, compared to the consensus estimate of $427.38 million. During the same period in the previous year, the company earned $0.28 EPS. Pegasystems’s quarterly revenue was up 9.4% on a year-over-year basis. As a group, sell-side analysts forecast that Pegasystems Inc. will post 1.71 EPS for the current fiscal year.

Pegasystems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Wednesday, July 1st. Pegasystems’s dividend payout ratio is presently 6.78%.

Institutional Investors Weigh In On Pegasystems

Several institutional investors and hedge funds have recently modified their holdings of the stock. International Assets Investment Management LLC bought a new position in Pegasystems in the fourth quarter worth about $28,000. EFG International AG purchased a new position in shares of Pegasystems during the 4th quarter worth approximately $32,000. Fifth Third Bancorp raised its position in shares of Pegasystems by 96.5% in the 4th quarter. Fifth Third Bancorp now owns 617 shares of the technology company’s stock worth $37,000 after acquiring an additional 303 shares in the last quarter. Brown Brothers Harriman & Co. grew its stake in Pegasystems by 386.3% in the fourth quarter. Brown Brothers Harriman & Co. now owns 710 shares of the technology company’s stock worth $42,000 after purchasing an additional 564 shares during the period. Finally, Plato Investment Management Ltd purchased a new position in Pegasystems during the fourth quarter valued at $52,000. 46.89% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on PEGA. Citigroup lowered Pegasystems from a “market outperform” rating to a “market perform” rating in a research note on Wednesday, July 22nd. Barclays reaffirmed an “overweight” rating and set a $39.00 target price (down from $48.00) on shares of Pegasystems in a report on Thursday, July 23rd. Zacks Research downgraded shares of Pegasystems from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Weiss Ratings lowered shares of Pegasystems from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Finally, Rosenblatt Securities dropped their target price on Pegasystems from $58.00 to $47.00 and set a “buy” rating for the company in a report on Thursday, July 23rd. Six equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Pegasystems has an average rating of “Hold” and a consensus price target of $50.10.

Pegasystems News Roundup

Here are the key news stories impacting Pegasystems this week:

• Positive Sentiment: Expanded Coforge partnership: Coforge can now brand, sell and implement Pegasystems’ AI solutions, including industry-focused applications for enterprise modernization. The arrangement could broaden Pega’s distribution, accelerate adoption of its automation platform and create additional long-term revenue opportunities. Coforge expands partnership with Pega
• Positive Sentiment: AI positioning is attracting buyers: Coverage highlights Pegasystems as a potential beneficiary of enterprises becoming more selective about AI deployment. Pega’s workflow automation, low-code development and governance capabilities may appeal to companies seeking practical, controlled enterprise AI rather than experimental tools. The stock also benefited from a broader software-sector rally following Salesforce’s strong results, particularly among beaten-down agentic-AI names. Could Pegasystems Stock Win as Enterprises Rethink AI Deployment?
• Neutral Sentiment: Insider transaction was limited: Chief Product Officer Rifat Kerim Akgonul sold 3,000 shares for approximately $101,970, reducing his holdings by about 2.7%. The sale may prompt caution, but he continues to own more than 108,000 shares, limiting the significance of the transaction by itself. Pegasystems Insider Sells Stock
• Negative Sentiment: Analyst downgrade and legal investigation: Zacks Research downgraded PEGA from “hold” to “strong sell.” Separately, Pomerantz LLP announced an investigation into potential claims on behalf of investors, creating a possible legal overhang and additional volatility. Pomerantz Investor Alert

About Pegasystems

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.