Pegasystems (NASDAQ:PEGA) CFO Kenneth Stillwell Sells 39,627 Shares of Stock

Pegasystems Inc. (NASDAQ:PEGA) CFO Kenneth Stillwell sold 39,627 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $35.77, for a total value of $1,417,457.79. Following the completion of the transaction, the chief financial officer directly owned 95,225 shares of the company’s stock, valued at approximately $3,406,198.25. This represents a 29.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Pegasystems Trading Down 2.8%

Shares of Pegasystems stock opened at $37.63 on Wednesday. The business’s fifty day simple moving average is $32.99 and its 200 day simple moving average is $35.97. The firm has a market capitalization of $6.19 billion, a P/E ratio of 21.26 and a beta of 0.89. Pegasystems Inc. has a 12 month low of $25.10 and a 12 month high of $68.10.

Pegasystems (NASDAQ:PEGA) last announced its quarterly earnings data on Tuesday, July 21st. The technology company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.08). Pegasystems had a net margin of 18.66% and a return on equity of 32.21%. The business had revenue of $420.72 million during the quarter, compared to the consensus estimate of $427.38 million. During the same quarter last year, the company earned $0.28 EPS. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. Analysts predict that Pegasystems Inc. will post 1.66 EPS for the current fiscal year.

Pegasystems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Thursday, October 1st. Pegasystems’s dividend payout ratio (DPR) is 6.78%.

Pegasystems News Roundup

Here are the key news stories impacting Pegasystems this week:

• Neutral Sentiment: Pegasystems maintained its quarterly cash dividend at $0.03 per share. The dividend will be paid October 15 to shareholders of record October 1, representing an annualized yield of approximately 0.3%. The continuation of the dividend signals ongoing capital returns, although the low yield limits its likely impact on the stock. Pega Announces Quarterly Cash Dividend for Fourth Quarter of 2026
• Negative Sentiment: CFO Kenneth Stillwell sold 39,627 shares at an average price of $35.77, generating approximately $1.42 million. The sale reduced his direct ownership by 29.39%, which may weigh on investor sentiment, though insider sales do not necessarily indicate a deterioration in business fundamentals. Kenneth Stillwell Form 4 Filing
• Negative Sentiment: Insider Kerim Akgonul sold 7,000 shares for approximately $252,210 at an average price of $36.03, reducing his position by 6.26%. Combined insider sales totaled 46,627 shares and roughly $1.67 million. Kerim Akgonul Form 4 Filing

Analyst Upgrades and Downgrades

A number of research firms have weighed in on PEGA. Citizens Jmp cut shares of Pegasystems from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 22nd. KeyCorp lowered shares of Pegasystems from an “overweight” rating to a “sector weight” rating in a research note on Wednesday, July 22nd. Loop Capital cut shares of Pegasystems from a “buy” rating to a “hold” rating and lowered their price target for the stock from $55.00 to $25.00 in a report on Thursday, July 23rd. DA Davidson set a $32.00 price objective on Pegasystems and gave the company a “buy” rating in a report on Friday, July 24th. Finally, Zacks Research lowered Pegasystems from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 25th. Six equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $50.10.

Hedge Funds Weigh In On Pegasystems

Large investors have recently modified their holdings of the business. International Assets Investment Management LLC bought a new position in Pegasystems in the 4th quarter worth about $28,000. Signature Equity Partners LLC boosted its position in shares of Pegasystems by 302.2% during the 1st quarter. Signature Equity Partners LLC now owns 929 shares of the technology company’s stock valued at $40,000 after acquiring an additional 698 shares during the last quarter. Leonteq Securities AG purchased a new position in shares of Pegasystems during the fourth quarter worth about $58,000. Global Retirement Partners LLC purchased a new position in shares of Pegasystems during the second quarter worth about $41,000. Finally, Allworth Financial LP purchased a new position in shares of Pegasystems during the second quarter worth about $42,000. Hedge funds and other institutional investors own 46.89% of the company’s stock.

Pegasystems Company Profile

Pegasystems Inc develops enterprise software for customer engagement, workflow automation and business process management. Its solutions help organizations manage customer service, sales, marketing, operations and back-office processes across digital and traditional channels.

The company’s product portfolio includes Pega Platform, a low-code application development and automation platform; Pega Customer Service and Pega Sales; Pega Customer Decision Hub for real-time, personalized customer engagement; and tools for case management, robotic process automation and artificial intelligence.