Marietta Investment Partners LLC Grows Stock Holdings in Pegasystems Inc. $PEGA

Key Points

• Marietta Investment Partners increased its stake in Pegasystems by 221.8% in Q3 to 81,206 shares valued at $4.67M, and other institutions (e.g., MFS, Allspring) also materially boosted positions as institutional ownership stands near 46.89%.
• Chairman Alan Trefler sold 45,000 shares (≈$2.21M) and insiders sold a total of 94,000 shares (~$5.06M) over the last quarter, though company insiders still control about 49.70% of shares.
• Pegasystems modestly beat Q3 estimates (EPS $0.76 vs. $0.74; revenue $504.3M), set FY2026 guidance at 2.75 EPS, trades around $47.30, and carries a consensus analyst target near $67.40.

Marietta Investment Partners LLC lifted its position in shares of Pegasystems Inc. (NASDAQ:PEGA - Free Report) by 221.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 81,206 shares of the technology company's stock after purchasing an additional 55,968 shares during the period. Marietta Investment Partners LLC's holdings in Pegasystems were worth $4,669,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of PEGA. Massachusetts Financial Services Co. MA increased its stake in shares of Pegasystems by 23.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,987,291 shares of the technology company's stock valued at $286,769,000 after buying an additional 937,216 shares during the period. Thrivent Financial for Lutherans boosted its holdings in Pegasystems by 1.3% in the third quarter. Thrivent Financial for Lutherans now owns 1,927,576 shares of the technology company's stock valued at $110,778,000 after acquiring an additional 25,598 shares in the last quarter. Vest Financial LLC purchased a new position in Pegasystems during the 3rd quarter valued at $1,515,000. Intrinsic Edge Capital Management LLC bought a new position in Pegasystems in the 3rd quarter worth $10,940,000. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of Pegasystems by 40.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 218,917 shares of the technology company's stock worth $12,489,000 after purchasing an additional 63,267 shares during the period. 46.89% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Chairman Alan Trefler sold 45,000 shares of the company's stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $49.02, for a total transaction of $2,205,900.00. Following the completion of the sale, the chairman owned 44,394,454 shares in the company, valued at approximately $2,176,216,135.08. This represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Rifat Kerim Akgonul sold 4,000 shares of the firm's stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $60.19, for a total value of $240,760.00. Following the completion of the transaction, the insider directly owned 112,845 shares in the company, valued at $6,792,140.55. The trade was a 3.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 94,000 shares of company stock valued at $5,062,510. Company insiders own 49.70% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Zacks Research raised shares of Pegasystems from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 13th. Weiss Ratings reissued a "hold (c+)" rating on shares of Pegasystems in a research report on Monday, December 29th. KeyCorp set a $60.00 target price on Pegasystems in a research note on Thursday, February 5th. Rosenblatt Securities reiterated a "buy" rating and issued a $62.00 price objective on shares of Pegasystems in a report on Thursday, February 12th. Finally, Wall Street Zen lowered Pegasystems from a "strong-buy" rating to a "hold" rating in a research report on Saturday, February 14th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Pegasystems presently has a consensus rating of "Moderate Buy" and an average target price of $67.40.

Pegasystems Stock Performance

Shares of NASDAQ PEGA opened at $47.30 on Friday. The firm's 50 day moving average price is $49.16 and its 200-day moving average price is $54.67. Pegasystems Inc. has a 52-week low of $29.84 and a 52-week high of $68.10. The company has a market cap of $8.00 billion, a PE ratio of 22.15 and a beta of 1.06.

Pegasystems (NASDAQ:PEGA - Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The technology company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.74 by $0.02. Pegasystems had a return on equity of 38.86% and a net margin of 22.54%.The company had revenue of $504.32 million during the quarter, compared to the consensus estimate of $494.60 million. During the same period last year, the company earned $0.80 EPS. Pegasystems's revenue for the quarter was up 2.8% on a year-over-year basis. Pegasystems has set its FY 2026 guidance at 2.750-2.750 EPS. On average, analysts forecast that Pegasystems Inc. will post 1.89 earnings per share for the current fiscal year.

Pegasystems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 2nd were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Friday, January 2nd. Pegasystems's payout ratio is 5.63%.

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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