Pegasystems Inc. (NASDAQ:PEGA) Director Richard H. Jones sold 1,200 shares of the business’s stock in a transaction dated Tuesday, July 26th. The shares were sold at an average price of $28.07, for a total transaction of $33,684.00. Following the completion of the sale, the director now directly owns 624,442 shares of the company’s stock, valued at approximately $17,528,086.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
The company also recently announced a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Friday, July 1st were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date was Wednesday, June 29th.
A number of hedge funds have recently made changes to their positions in PEGA. California State Teachers Retirement System raised its stake in shares of Pegasystems by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 66,293 shares of the company’s stock worth $1,823,000 after buying an additional 1,200 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in shares of Pegasystems by 9.8% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 38,982 shares of the company’s stock worth $1,072,000 after buying an additional 3,467 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in Pegasystems by 6.1% in the fourth quarter. Rhumbline Advisers now owns 37,755 shares of the company’s stock worth $1,038,000 after buying an additional 2,165 shares in the last quarter.
Pegasystems Inc. (NASDAQ:PEGA) traded up 0.22% on Thursday, reaching $27.93. The company had a trading volume of 81,383 shares. The stock has a market capitalization of $2.13 billion and a P/E ratio of 57.00. Pegasystems Inc. has a 12-month low of $20.38 and a 12-month high of $30.23. The stock’s 50-day moving average price is $27.60 and its 200-day moving average price is $25.49.
Pegasystems (NASDAQ:PEGA) last announced its earnings results on Thursday, May 5th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.06. The firm earned $178.90 million during the quarter, compared to analysts’ expectations of $173.82 million. The firm’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.13 EPS. On average, equities research analysts anticipate that Pegasystems Inc. will post $0.96 EPS for the current fiscal year.
Pegasystems Inc develops, markets, licenses and supports software applications for marketing, sales and onboarding, and customer service needs. The Company also offers software applications built on the Pega 7 platform. Its software is designed to assist clients in building, deploying, and evolving enterprise applications.
