Pegasystems (NASDAQ:PEGA) issued its quarterly earnings results on Thursday. The technology company reported ($0.23) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.23), Briefing.com reports. The business had revenue of $216.70 million during the quarter, compared to analyst estimates of $216.68 million. Pegasystems had a negative net margin of 5.95% and a negative return on equity of 9.39%. The business’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.04 earnings per share.
PEGA stock traded down $4.50 during trading on Friday, hitting $71.90. 548,100 shares of the company’s stock traded hands, compared to its average volume of 326,273. Pegasystems has a 52 week low of $43.21 and a 52 week high of $79.67. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.10. The stock has a fifty day moving average price of $73.42 and a two-hundred day moving average price of $72.71.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.03 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.12 annualized dividend and a yield of 0.17%.
In other Pegasystems news, CAO Efstathios A. Kouninis sold 564 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $72.43, for a total transaction of $40,850.52. Following the sale, the chief accounting officer now owns 1,612 shares in the company, valued at approximately $116,757.16. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Michael R. Pyle sold 3,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $69.70, for a total value of $209,100.00. Following the sale, the vice president now owns 10,716 shares in the company, valued at approximately $746,905.20. The disclosure for this sale can be found here. Insiders sold a total of 25,494 shares of company stock valued at $1,804,964 over the last three months. 52.37% of the stock is owned by corporate insiders.
Pegasystems Inc develops, markets, licenses, and supports enterprise software applications in the United States, India, and internationally. It provides Pega Platform, an application development product for clients; and Pega Infinity, a software platform that unifies customer engagement and digital process automation.
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