PEGASYSTEMS Set to Report Earnings Amid Insider and Hedge Fund Activity

PEGASYSTEMS ($PEGA) is anticipated to announce its quarterly earnings on Tuesday, April 22nd, after the market closes, according to Finnhub. Analysts project revenue of $363,744,801 and earnings of $0.50 per share.

To follow insider trading, hedge fund activities, and more data, visit Quiver Quantitative’s $PEGA Stock page.

Recent Insider Trading at PEGASYSTEMS

In the past six months, PEGASYSTEMS insiders have executed 28 trades involving $PEGA Stock. Notably, there were no purchases; all 28 transactions were sales.

Here’s a summary of the insider trading activities:

• ALAN TREFLER (C.E.O. & Chairman): 0 purchases, 4 sales, selling 126,000 shares for about $9,451,260.
• KENNETH STILLWELL (COO, CFO): 0 purchases, 11 sales, selling 32,478 shares for roughly $2,835,023.
• LEON TREFLER (Chief of Clients and Markets): 0 purchases, 5 sales, selling 12,593 shares for an estimated $1,031,296.
• RIFAT KERIM AKGONUL (Chief Product Officer): 0 purchases, 2 sales, selling 3,000 shares for around $224,570.
• EFSTATHIOS A KOUNINIS (VP of Finance & CAO): 0 purchases, 5 sales, selling 2,213 shares for about $197,246.
• LARRY WEBER: 0 purchases, 1 sale of 1,900 shares for an estimated $166,877.

For detailed tracking of insider transactions, refer to Quiver Quantitative’s insider trading dashboard.

Hedge Fund Activity in PEGASYSTEMS

In the last quarter, 176 institutional investors increased their holdings in PEGASYSTEMS, while 139 reduced theirs.

Recent notable actions include:

• INVESCO LTD. added 1,546,281 shares (+189.0%) in Q4 2024, valued at approximately $144,113,389.
• WELLINGTON MANAGEMENT GROUP LLP increased their portfolio by 726,186 shares (+5411.2%) at an estimated $67,680,535.
• THRIVENT FINANCIAL FOR LUTHERANS added 713,976 shares (+inf%) in Q4 2024, worth approximately $66,542,563.
• FRANKLIN RESOURCES INC added 561,807 shares (+398.4%) valued at about $52,360,412.
• CADIAN CAPITAL MANAGEMENT, LP removed 546,506 shares (-100.0%) for an estimated value of $50,934,359.
• CITADEL ADVISORS LLC decreased their position by removing 485,348 shares (-69.7%), estimated at $45,234,433.
• TPG GP A, LLC reduced their holdings by 388,360 shares (-16.7%), valued at approximately $36,195,152.

Check out Quiver Quantitative’s institutional holdings dashboard to monitor hedge fund portfolios.

Government Contracts for PEGASYSTEMS

Over the past year, PEGASYSTEMS received award payments totaling $1,525,887.

For a complete overview of significant government contract awards to publicly traded companies, visit Quiver Quantitative’s government contracts dashboard.

Analyst Ratings for PEGASYSTEMS

Recent reports from Wall Street analysts indicate a strong outlook for $PEGA, with two firms issuing buy ratings and none recommending sell ratings.

Here are some latest analyst ratings:

• RBC Capital rated it “Outperform” on January 3, 2025.
• Citigroup assigned a “Buy” rating on December 18, 2024.

To follow analyst ratings and projections for PEGASYSTEMS, refer to Quiver Quantitative’s $PEGA forecast page.

This article is not financial advice. Please visit Quiver Quantitative’s disclaimers for further information. Be aware that inaccuracies may arise from errors in ticker mapping and other anomalies.

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.