Cookson Peirce & Co. Inc. Takes Position in Pegasystems Inc. $PEGA

Cookson Peirce & Co. Inc. bought a new position in Pegasystems Inc. (NASDAQ:PEGA) during the third quarter, Holdings Channel reports. The fund bought 209,267 shares of the technology company’s stock, valued at approximately $12,033,000.

Other large investors also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. bought a new stake in Pegasystems during the third quarter worth about $28,000. Spire Wealth Management lifted its holdings in shares of Pegasystems by 274.2% during the second quarter. Spire Wealth Management now owns 565 shares of the technology company’s stock valued at $31,000 after purchasing an additional 414 shares during the last quarter. Hantz Financial Services Inc. boosted its position in shares of Pegasystems by 321.6% in the 3rd quarter. Hantz Financial Services Inc. now owns 565 shares of the technology company’s stock worth $32,000 after purchasing an additional 431 shares in the last quarter. Mather Group LLC. purchased a new stake in shares of Pegasystems in the 3rd quarter worth approximately $33,000. Finally, Blue Trust Inc. increased its position in Pegasystems by 902.9% during the 3rd quarter. Blue Trust Inc. now owns 682 shares of the technology company’s stock valued at $39,000 after buying an additional 614 shares in the last quarter. 46.89% of the stock is owned by hedge funds and other institutional investors.

Pegasystems Trading Up 7.0%

Shares of PEGA stock opened at $40.59 on Friday. Pegasystems Inc. has a 12-month low of $29.84 and a 12-month high of $68.10. The stock has a market capitalization of $6.86 billion, a P/E ratio of 19.01 and a beta of 1.07. The firm’s 50 day moving average is $53.96 and its 200 day moving average is $55.81.

Pegasystems (NASDAQ:PEGA) last announced its earnings results on Tuesday, February 10th. The technology company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.02. The business had revenue of $504.32 million during the quarter, compared to analyst estimates of $494.60 million. Pegasystems had a net margin of 22.54% and a return on equity of 38.86%. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.80 EPS. Pegasystems has set its FY 2026 guidance at 2.750-2.750 EPS. As a group, equities analysts predict that Pegasystems Inc. will post 1.89 earnings per share for the current year.

Pegasystems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 2nd were issued a $0.03 dividend. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. Pegasystems’s dividend payout ratio is currently 8.05%.

Analysts Set New Price Targets

Several research firms have commented on PEGA. Citigroup reissued a “buy” rating and issued a $73.00 target price (down from $81.00) on shares of Pegasystems in a report on Thursday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Pegasystems in a research note on Monday, December 29th. DA Davidson upgraded shares of Pegasystems from a “neutral” rating to a “buy” rating and raised their price objective for the company from $60.00 to $85.00 in a research note on Wednesday, October 22nd. Wall Street Zen upgraded shares of Pegasystems from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 31st. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $62.00 price target on shares of Pegasystems in a report on Thursday. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Pegasystems currently has an average rating of “Moderate Buy” and a consensus price target of $66.95.

Insiders Place Their Bets

In other Pegasystems news, CFO Kenneth Stillwell sold 14,405 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $57.87, for a total transaction of $833,617.35. Following the completion of the sale, the chief financial officer directly owned 131,621 shares in the company, valued at $7,616,907.27. The trade was a 9.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Rifat Kerim Akgonul sold 4,000 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $60.19, for a total transaction of $240,760.00. Following the sale, the insider directly owned 112,845 shares of the company’s stock, valued at $6,792,140.55. The trade was a 3.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 108,405 shares of company stock valued at $5,896,127. Insiders own 49.70% of the company’s stock.

More Pegasystems News

Here are the key news stories impacting Pegasystems this week:

• Positive Sentiment: Q4 results beat on EPS and revenue, with management citing AI-driven demand, rising cloud ACV and expanding backlog—this is the primary catalyst supporting the rally. Q4 Earnings Beat
• Positive Sentiment: Analysts and boutiques remain supportive: Rosenblatt reaffirmed a Buy with a $62 PT, and William Blair reiterated a Buy citing accelerating ACV and cloud growth—these keep upside narratives intact. Rosenblatt Note
• Positive Sentiment: CEO Alan Trefler and company messaging emphasize a push to a ~$2B revenue milestone and a focus on “predictable AI,” reinforcing investor expectations for multi‑year cloud/AI revenue acceleration. Pega $2B Revenue Target
• Neutral Sentiment: Analyses and transcripts provide additional context on metrics, guidance and strategy—useful for modeling but not immediate price drivers. Earnings Presentation
• Neutral Sentiment: Standalone pieces on valuation and peer comparisons are circulating as investors reassess multiples after the recent weakness. Valuation Assessment
• Negative Sentiment: Several firms cut price targets this morning—Wedbush lowered its PT to $60 (still an outperform) and Citizens JMP cut to $58—these downgrades trim near‑term upside expectations. Wedbush Price Target Cut
• Negative Sentiment: Shares dipped earlier despite the beat, reflecting investor focus on margin/earnings details and guidance cadence—so some profit‑taking and skepticism remain. Shares Fall After Q4
• Negative Sentiment: Pega agreed to pay $7M to resolve investors’ trade-secret claims—a modest cash hit but a legal overhang to factor into near-term free cash flow and risk assessments. Legal Settlement

Pegasystems Company 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.