Pegasystems Inc (NASDAQ: PEGA) is 10.83% higher on its value in year-to-date trading and has touched a low of $45.36 and a high of $104.59 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PEGA stock was last observed hovering at around $102.49 in the last trading session, with the day’s gains setting it 0.8%.
Currently trading at $103.29, the stock is 8.39% and 10.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.96 million and changing 0.78% at the moment leaves the stock 43.47% off its SMA200. PEGA registered 123.33% gain for a year compared to 6-month gain of 73.25%. The firm has a 50-day simple moving average (SMA 50) of $93.2358 and a 200-day simple moving average (SMA200) of $71.99555.
The stock witnessed a 6.25% loss in the last 1 month and extending the period to 3 months gives it a 40.91%, and is 9.15% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.79% over the week and 3.04% over the month.
Pegasystems Inc (PEGA) has around 5406 employees, a market worth around $8.86B and $1.48B in sales. Current P/E ratio is 75.24 and Fwd P/E is 32.10. Profit margin for the company is 8.29%. Distance from 52-week low is 127.71% and -1.24% from its 52-week high. The company has generated returns on investments over the last 12 months (22.74%).
with sales reaching $470.83M over the same period.The EPS is expected to grow by 14.52% this year, but quarterly earnings will post 3.11% year-over-year. Quarterly sales are estimated to shrink -0.72% in year-over-year returns.
Pegasystems Inc (PEGA) Top Institutional Holders
437.0 institutions hold shares in Pegasystems Inc (PEGA), with institutional investors hold 92.58% of the company’s shares. The shares outstanding are 85.81M, and float is at 43.02M with Short Float at 2.72%. Institutions hold 48.84% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.46 million shares valued at $330.53 million. The investor’s holdings represent 6.4802% of the PEGA Shares outstanding. As of 2024-06-30, the second largest holder is BARES CAPITAL MANAGEMENT, INC. with 5.45 million shares valued at $329.76 million to account for 6.4651 of the shares outstanding. The other top investors are CAPITAL RESEARCH GLOBAL INVESTORS which holds 3.05 million shares representing 3.6155% and valued at over $184.41 million, while BLACKROCK INC. holds 3.195 of the shares totaling 2.69 million with a market value of $162.97 million.
Pegasystems Inc (PEGA) Insider Activity
The most recent transaction is an insider sale by STILLWELL KENNETH, the company’s COO, CFO. SEC filings show that STILLWELL KENNETH sold 2,000 shares of the company’s common stock on Jan 02 ’25 at a price of $94.00 per share for a total of $0.19 million. Following the sale, the insider now owns 16466.0 shares.
Pegasystems Inc disclosed in a document filed with the SEC on Dec 31 ’24 that Trefler Leon (Chief of Clients and Markets) sold a total of 752 shares of the company’s common stock. The trade occurred on Dec 31 ’24 and was made at $93.83 per share for $70560.0. Following the transaction, the insider now directly holds 37973.0 shares of the PEGA stock.
Still, SEC filings show that on Jan 02 ’25, KENNETH STILLWELL (Officer) Proposed Sale 2,000 shares at an average price of $93.20 for $0.19 million. The insider now directly holds shares of Pegasystems Inc (PEGA).
