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

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

Pegasystems (NASDAQ:PEGA - Get Free Report) last issued its earnings results on Wednesday, February 12th. The technology company reported $1.27 earnings per share for the quarter, missing the consensus estimate 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. Barclays reaffirmed a "positive" rating on shares of Pegasystems in a report on Thursday, April 24th. Loop Capital reissued a "buy" rating and issued a $105.00 target price (up from $85.00) on shares of Pegasystems in a research note on Thursday, April 24th. DA Davidson upped their price objective on shares of Pegasystems from $70.00 to $90.00 and gave the company a "neutral" rating in a report on Wednesday, April 23rd. JMP Securities reaffirmed a "market outperform" rating and issued a $110.00 target price on shares of Pegasystems in a research report on Thursday, February 13th. Finally, KeyCorp lowered their target price on Pegasystems from $118.00 to $94.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, Pegasystems presently has a consensus rating of "Moderate Buy" and a consensus price target of $100.27.

Pegasystems Price Performance

PEGA traded up $0.92 on Monday, reaching $92.08. 1,043,640 shares of the stock were exchanged, compared to its average volume of 694,041. The company's 50-day moving average price is $73.60 and its 200 day moving average price is $85.93. Pegasystems has a fifty-two week low of $55.71 and a fifty-two week high of $113.67. The firm has a market capitalization of $7.84 billion, a PE ratio of 91.17 and a beta of 1.22.

Institutional Investors Weigh In On Pegasystems

Hedge funds have recently added to or reduced their stakes in the stock. Principal Securities Inc. grew its stake in Pegasystems by 150.5% in the fourth quarter. Principal Securities Inc. now owns 278 shares of the technology company's stock valued at $26,000 after acquiring an additional 167 shares during the period. EverSource Wealth Advisors LLC increased its position 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 buying an additional 149 shares during the last quarter. CX Institutional acquired a new stake in Pegasystems during the 1st quarter valued at $36,000. GAMMA Investing LLC boosted its holdings in shares of 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 acquiring an additional 201 shares during the period. Finally, Proficio Capital Partners LLC acquired a new position in Pegasystems in the 4th quarter valued at $61,000. Institutional investors own 46.89% of the company's stock.

Insiders Place Their Bets

In other news, Chairman Alan Trefler sold 31,500 shares of Pegasystems stock in a transaction dated Wednesday, April 16th. The shares were sold at an average price of $68.41, for a total transaction of $2,154,915.00. Following the sale, the chairman now directly owns 17,184,614 shares in the company, valued at approximately $1,175,599,443.74. The trade was a 0.18 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Kenneth Stillwell sold 2,000 shares of the company's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $105.63, for a total value of $211,260.00. Following the completion of the sale, the chief financial officer now owns 14,466 shares in the company, valued at $1,528,043.58. This trade represents a 12.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 135,762 shares of company stock valued at $10,386,802 over the last three months. 50.10% of the stock is currently owned by insiders.

Pegasystems Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st were given a $0.015 dividend. This represents a $0.06 annualized dividend and a yield of 0.07%. The ex-dividend date of this dividend was Tuesday, April 1st. Pegasystems's dividend payout ratio is 5.83%.

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.