Wedbush Comments on Pegasystems' Q3 Earnings (NASDAQ:PEGA)

Pegasystems Inc. (NASDAQ:PEGA - Free Report) - Equities research analysts at Wedbush boosted their Q3 2025 earnings estimates for Pegasystems in a research report issued on Thursday, April 24th. Wedbush analyst D. Ives now anticipates that the technology company will post earnings per share of $0.15 for the quarter, up from their previous estimate of $0.09. Wedbush has a "Outperform" rating and a $125.00 price target on the stock. The consensus estimate for Pegasystems' current full-year earnings is $1.89 per share.

Pegasystems (NASDAQ:PEGA - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The technology company reported $1.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.47 by ($0.20). Pegasystems had a return on equity of 32.09% and a net margin of 6.63%.

A number of other research firms have also recently weighed in on PEGA. Rosenblatt Securities lowered their price target on Pegasystems from $115.00 to $95.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Barclays reaffirmed a "positive" rating on shares of Pegasystems in a research note on Thursday. JMP Securities reissued a "market outperform" rating and issued a $110.00 price target on shares of Pegasystems in a research note on Thursday, February 13th. DA Davidson increased their price objective on shares of Pegasystems from $70.00 to $90.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 23rd. Finally, KeyCorp dropped their target price on shares of Pegasystems from $118.00 to $94.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $100.27.

Pegasystems Stock Up 0.4 %

PEGA stock opened at $91.69 on Monday. Pegasystems has a 52-week low of $55.71 and a 52-week high of $113.67. The stock has a market cap of $7.80 billion, a price-to-earnings ratio of 90.78 and a beta of 1.22. The business has a fifty day moving average of $73.26 and a two-hundred day moving average of $85.77.

Pegasystems Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.015 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $0.06 annualized dividend and a yield of 0.07%. Pegasystems's dividend payout ratio (DPR) is 5.83%.

Insiders Place Their Bets

In other Pegasystems news, Chairman Alan Trefler sold 31,500 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $77.38, for a total value of $2,437,470.00. Following the sale, the chairman now directly owns 17,308,786 shares of the company's stock, valued at approximately $1,339,353,860.68. This represents a 0.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Efstathios A. Kouninis sold 658 shares of the firm's stock in a transaction on Thursday, April 24th. The shares were sold at an average price of $89.90, for a total transaction of $59,154.20. Following the completion of the sale, the chief accounting officer now owns 1,000 shares in the company, valued at $89,900. The trade was a 39.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 116,949 shares of company stock worth $8,703,263 in the last quarter. 50.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Treasurer of the State of North Carolina lifted its stake in Pegasystems by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 19,597 shares of the technology company's stock worth $1,826,000 after purchasing an additional 120 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in Pegasystems by 2.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 5,875 shares of the technology company's stock worth $548,000 after acquiring an additional 139 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Pegasystems by 1.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 8,401 shares of the technology company's stock valued at $783,000 after acquiring an additional 141 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Pegasystems by 85.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 323 shares of the technology company's stock valued at $30,000 after acquiring an additional 149 shares in the last quarter. Finally, Arizona State Retirement System boosted its stake in Pegasystems by 1.2% in the fourth quarter. Arizona State Retirement System now owns 12,394 shares of the technology company's stock valued at $1,155,000 after acquiring an additional 152 shares in the last quarter. 46.89% of the stock is owned by institutional investors and hedge funds.

Pegasystems Company Profile

Pegasystems Inc develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific. The company provides Pega Infinity, a software portfolio comprising of Pega Customer Decision Hub, a real-time AI-powered decision engine to enhance customer acquisition and experiences across inbound, outbound, and paid media channels; Pega Customer Service to anticipate customer needs, connect customers to people and systems, and automate customer interactions to evolve the customer service experience, as well as to allow enterprises to deliver interactions across channels and enhance employee productivity; and Pega Platform, an intelligent automation software for increasing efficiency of clients' processes and workflows.

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