Jefferies Financial Group Inc. Acquires New Holdings in Pegasystems Inc. $PEGA

Jefferies Financial Group Inc. bought a new position in Pegasystems Inc. (NASDAQ:PEGA - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 31,692 shares of the technology company's stock, valued at approximately $950,000.

Several other hedge funds and other institutional investors have also made changes to their positions in PEGA. International Assets Investment Management LLC bought a new position in Pegasystems in the 4th quarter worth approximately $28,000. EFG International AG bought a new stake in Pegasystems during the 4th quarter valued at $32,000. Fifth Third Bancorp boosted its position in Pegasystems by 96.5% during 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 during the period. Brown Brothers Harriman & Co. boosted its position in Pegasystems by 386.3% during the 4th quarter. Brown Brothers Harriman & Co. now owns 710 shares of the technology company's stock worth $42,000 after acquiring an additional 564 shares during the period. Finally, Plato Investment Management Ltd bought a new position in shares of Pegasystems in the fourth quarter worth $52,000. 46.89% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Rifat Kerim Akgonul sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $33.99, for a total value of $101,970.00. Following the sale, the insider directly owned 108,049 shares in the company, valued at $3,672,585.51. The trade was a 2.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 48.40% of the stock is owned by corporate insiders.

Pegasystems News Summary

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on PEGA shares. Loop Capital lowered Pegasystems from a "buy" rating to a "hold" rating and lowered their price target for the company from $55.00 to $25.00 in a report on Thursday, July 23rd. Zacks Research lowered shares of Pegasystems from a "hold" rating to a "strong sell" rating in a research report on Tuesday, August 25th. Citizens Jmp cut shares of Pegasystems from an "outperform" rating to a "market perform" rating in a research note on Wednesday, July 22nd. Citigroup downgraded shares of Pegasystems from a "market outperform" rating to a "market perform" rating in a research report on Wednesday, July 22nd. Finally, KeyCorp lowered shares of Pegasystems from an "overweight" rating to a "sector weight" rating in a research note on Wednesday, July 22nd. Six analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Pegasystems has an average rating of "Hold" and a consensus price target of $50.10.

Pegasystems Stock Performance

PEGA opened at $36.17 on Monday. The company has a market capitalization of $5.95 billion, a PE ratio of 20.44 and a beta of 0.87. The stock's fifty day moving average is $31.46 and its 200-day moving average is $36.49. Pegasystems Inc. has a one year low of $25.10 and a one year high of $68.10.

Pegasystems (NASDAQ:PEGA - Get Free Report) last announced its earnings results on Tuesday, July 21st. The technology company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.08). The firm had revenue of $420.72 million for the quarter, compared to the consensus estimate of $427.38 million. Pegasystems had a net margin of 18.66% and a return on equity of 32.21%. The company's quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.28 EPS. On average, equities research analysts forecast that Pegasystems Inc. will post 1.71 EPS for the current fiscal year.

Pegasystems Dividend Announcement

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

Pegasystems Profile

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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