Wedbush Comments on Pegasystems’ Q4 Earnings (NASDAQ:PEGA)

Pegasystems Inc. (NASDAQ:PEGAFree Report) – Wedbush raised their Q4 2026 earnings per share (EPS) estimates for Pegasystems in a research note issued to investors on Tuesday, June 24th. Wedbush analyst D. Ives now anticipates that the technology company will post earnings per share of $0.49 for the quarter, up from their prior forecast of $0.49. Wedbush has a “Outperform” rating and a $62.50 price objective on the stock. The consensus estimate for Pegasystems’ current full-year earnings is $1.89 per share.

Several other equities analysts have also recently weighed in on PEGA. DA Davidson lifted their price target on Pegasystems from $47.50 to $50.00 and gave the company a “neutral” rating in a research report on Friday, June 20th. Barclays lifted their price target on Pegasystems from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Wednesday, June 4th. Wall Street Zen upgraded Pegasystems from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, May 6th. Citigroup reiterated a “buy” rating and issued a $66.00 price target on shares of Pegasystems in a research report on Wednesday. Finally, JMP Securities lifted their price target on Pegasystems from $55.00 to $62.50 and gave the company a “market outperform” rating in a research report on Tuesday, June 3rd. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $53.36.

View Our Latest Analysis on Pegasystems

Pegasystems Stock Performance

Shares of NASDAQ PEGA opened at $53.32 on Friday. The stock has a market cap of $9.13 billion, a PE ratio of 51.77 and a beta of 1.11. Pegasystems has a fifty-two week low of $28.31 and a fifty-two week high of $56.84. The stock has a fifty day moving average of $48.24 and a 200-day moving average of $44.88.

Institutional Investors Weigh In On Pegasystems

Hedge funds have recently added to or reduced their stakes in the company. Principal Securities Inc. lifted its stake in Pegasystems by 150.5% during the fourth quarter. Principal Securities Inc. now owns 278 shares of the technology company’s stock worth $26,000 after purchasing an additional 167 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Pegasystems by 85.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 323 shares of the technology company’s stock worth $30,000 after purchasing an additional 149 shares during the last quarter. CX Institutional bought a new stake in Pegasystems during the first quarter worth about $36,000. SBI Securities Co. Ltd. lifted its stake in Pegasystems by 139.7% during the first quarter. SBI Securities Co. Ltd. now owns 549 shares of the technology company’s stock worth $38,000 after purchasing an additional 320 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in Pegasystems by 50.5% during the first quarter. GAMMA Investing LLC now owns 599 shares of the technology company’s stock worth $42,000 after purchasing an additional 201 shares during the last quarter. Institutional investors own 46.89% of the company’s stock.

Insider Activity at Pegasystems

In other Pegasystems news, Chairman Alan Trefler sold 63,000 shares of Pegasystems stock in a transaction dated Wednesday, April 16th. The stock was sold at an average price of $34.21, for a total transaction of $2,154,915.00. Following the completion of the sale, the chairman now owns 34,369,228 shares of the company’s stock, valued at $1,175,599,443.74. The trade was a 0.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Kenneth Stillwell sold 4,000 shares of Pegasystems stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $34.88, for a total value of $139,500.00. Following the sale, the chief financial officer now directly owns 42,490 shares of the company’s stock, valued at approximately $1,481,838.75. This trade represents a 8.60% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 306,530 shares of company stock valued at $15,550,231. Company insiders own 49.70% of the company’s stock.

Pegasystems Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be paid a dividend of $0.03 per share. This is a positive change from Pegasystems’s previous quarterly dividend of $0.02. The ex-dividend date is Tuesday, July 1st. This represents a $0.12 annualized dividend and a yield of 0.23%. Pegasystems’s dividend payout ratio (DPR) is currently 5.83%.

About Pegasystems

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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.

See Also

Earnings History and Estimates for Pegasystems (NASDAQ:PEGA)

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