Wedbush Predicts Pegasystems' Q3 Earnings (NASDAQ:PEGA)

Pegasystems Inc. (NASDAQ:PEGA - Free Report) - Stock analysts at Wedbush upped their Q3 2025 earnings per share (EPS) estimates for shares of Pegasystems in a research report issued to clients and investors on Tuesday, June 3rd. Wedbush analyst D. Ives now forecasts that the technology company will post earnings per share of $0.22 for the quarter, up from their prior estimate of $0.15. 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.

A number of other research firms also recently weighed in on PEGA. Wall Street Zen raised shares of Pegasystems from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, May 6th. Rosenblatt Securities upped their target price on shares of Pegasystems from $101.00 to $112.00 and gave the company a "buy" rating in a research report on Wednesday. KeyCorp cut their price target on Pegasystems from $118.00 to $94.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Citigroup decreased their price objective on Pegasystems from $119.00 to $107.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Finally, Barclays increased their target price on Pegasystems from $96.00 to $100.00 and gave the company an "equal weight" rating in a research note on Wednesday. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $104.00.

Pegasystems Stock Up 0.4%

PEGA stock traded up $0.43 during midday trading on Wednesday, reaching $101.84. The stock had a trading volume of 800,665 shares, compared to its average volume of 761,338. Pegasystems has a twelve month low of $55.90 and a twelve month high of $113.67. The firm has a market cap of $8.72 billion, a price-to-earnings ratio of 100.83 and a beta of 1.14. The business has a fifty day simple moving average of $85.00 and a two-hundred day simple moving average of $88.78.

Pegasystems Cuts Dividend

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

Insider Transactions at Pegasystems

In related news, CFO Kenneth Stillwell sold 2,000 shares of Pegasystems stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $97.48, for a total value of $194,960.00. Following the sale, the chief financial officer now owns 23,688 shares of the company's stock, valued at approximately $2,309,106.24. The trade was a 7.79% 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, CAO Efstathios A. Kouninis sold 500 shares of the stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $93.50, for a total value of $46,750.00. Following the transaction, the chief accounting officer now directly owns 500 shares of the company's stock, valued at $46,750. This trade represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 127,087 shares of company stock valued at $10,299,146 over the last 90 days. 49.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Pegasystems

Several large investors have recently made changes to their positions in PEGA. Massachusetts Financial Services Co. MA bought a new stake in Pegasystems during the first quarter worth $151,149,000. Invesco Ltd. raised its holdings in shares of Pegasystems by 189.0% in the 4th quarter. Invesco Ltd. now owns 2,364,242 shares of the technology company's stock valued at $220,347,000 after purchasing an additional 1,546,281 shares during the period. Jacobs Levy Equity Management Inc. acquired a new stake in Pegasystems in the 1st quarter valued at about $68,229,000. Thrivent Financial for Lutherans acquired a new stake in Pegasystems in the 4th quarter valued at about $66,542,000. Finally, Franklin Resources Inc. grew its holdings in Pegasystems by 398.4% during the fourth quarter. Franklin Resources Inc. now owns 702,838 shares of the technology company's stock worth $65,505,000 after purchasing an additional 561,807 shares during the period. Institutional investors and hedge funds own 46.89% of the company's stock.

About Pegasystems

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.