Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Pegasystems Inc shares valued at $211,260 were sold by STILLWELL KENNETH on Feb 03 ’25. At $105.63 per share, STILLWELL KENNETH sold 2,000 shares. The insider’s holdings dropped to 14,466 shares worth approximately $1.53 million following the completion of this transaction.
Also, KENNETH STILLWELL purchased 2,000 shares, netting a total of over 216,580 in proceeds.
Before that, STILLWELL KENNETH had sold 2,000 shares from its account. In a trade valued at $188,000, the COO, CFO traded Pegasystems Inc shares for $94.00 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $1.75 million.
Analysts at Loop Capital upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early August. As of July 31, 2024, JMP Securities has increased its “Mkt perform” rating to a “Mkt outperform” for PEGA. Earlier on July 30, 2024, William Blair upgraded its rating. Their new recommendation was “an Outperform” for PEGA stock which previously was a “a Mkt perform”.
Analyzing PEGA Stock Performance
During the last five days, there has been a drop of approximately -2.21%. Over the course of the year, Pegasystems Inc shares have jumped approximately 13.83%. Shares of the company reached a 52-week high of $113.67 on 01/28/25 and a 52-week low of $90.56 on 01/13/25. A 50-day SMA is recorded $99.40, while a 200-day SMA reached $75.98. Nevertheless, trading volume fell to 1.53 million shares from 0.73 million shares the previous day.
Support And Resistance Levels for Pegasystems Inc (PEGA)
According to the 24-hour chart, there is a support level at 103.36, which, if violated, would cause prices to drop to 100.63. In the upper region, resistance lies at 107.49. The next price resistance is at 108.89. RSI (Relative Strength Index) is 56.08 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.28, which suggests the price will decrease in the coming days. Percent R is at 65.12%, indicating low price movement. Stochastics %K at buying indicates that the stock is to be held.
