Pegasystems Inc’s recently made public that its Officer EFSTATHIOS A KOUNINIS acquired Company’s shares for reported $43824.0 on Nov 05 ’24. In the deal valued at $83.00 per share,528 shares were bought.
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Then, Trefler Leon sold 8,288 shares, generating $673,234 in total proceeds. Upon selling the shares at $81.23, the Chief of Clients and Markets now owns 37,636 shares.
Before that, Trefler Leon sold 752 shares. Pegasystems Inc shares valued at $61,356 were divested by the Chief of Clients and Markets at a price of $81.59 per share. As a result of the transaction, Trefler Leon now holds 37,636 shares, worth roughly $3.17 million.
Loop Capital upgraded its Pegasystems Inc [PEGA] rating to a Buy from a a Hold in a research note published on August 01, 2024; the price target was increased to $84 from $68. A number of analysts have revised their coverage, including JMP Securities’s analysts, who increased its forecast for the stock in late July from “a Mkt perform” to “a Mkt outperform”. William Blair also remained covering PEGA and has increased its forecast on July 30, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Barclays revised its rating on January 12, 2024. It rated PEGA as “an Equal weight” which previously was an “an Underweight”.
Price Performance Review of PEGA
On Tuesday, Pegasystems Inc [NASDAQ:PEGA] saw its stock jump 4.00% to $84.31. Over the last five days, the stock has gained 4.10%. Pegasystems Inc shares have risen nearly 72.55% since the year began. Nevertheless, the stocks have risen 85.01% over the past one year. While a 52-week high of $82.50 was reached on 11/05/24, a 52-week low of $44.00 was recorded on 01/04/24. SMA at 50 days reached $72.18, while 200 days put it at $63.60.
Levels Of Support And Resistance For PEGA Stock
The 24-hour chart illustrates a support level at 82.47, which if violated will result in even more drops to 80.64. On the upside, there is a resistance level at 85.28. A further resistance level may holdings at 86.26. The Relative Strength Index (RSI) on the 14-day chart is 72.31, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.58, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.70%. Stochastics %K at 93.54% indicates the stock is a selling.
How much short interest is there in Pegasystems Inc?
A steep rise in short interest was recorded in Pegasystems Inc stocks on 2024-10-15, growing by 70896.0 shares to a total of 1.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 1.19 million shares. There was a rise of 5.64%, which implies that there is a positive sentiment for the stock.
