Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Pegasystems Inc shares valued at $655,936 were sold by STILLWELL KENNETH on Feb 14 ’25. At $84.72 per share, STILLWELL KENNETH sold 7,742 shares. The insider’s holdings dropped to 14,466 shares worth approximately $1.22 million following the completion of this transaction.
Also, KENNETH STILLWELL JR. purchased 7,742 shares, netting a total of over 655,937 in proceeds.
Before that, STILLWELL KENNETH had sold 2,000 shares from its account. In a trade valued at $211,260, the COO, CFO traded Pegasystems Inc shares for $105.63 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $1.22 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 -18.53%. Over the course of the year, Pegasystems Inc shares have dropped approximately -9.69%. Shares of the company reached a 52-week high of $113.67 on 01/28/25 and a 52-week low of $81.86 on 02/14/25. A 50-day SMA is recorded $98.57, while a 200-day SMA reached $76.47. Nevertheless, trading volume fell to 1.01 million shares from 1.42 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 82.78, which, if violated, would cause prices to drop to 81.40. In the upper region, resistance lies at 85.48. The next price resistance is at 86.80. RSI (Relative Strength Index) is 29.01 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -15.32, which suggests the price will decrease in the coming days. Percent R is at 91.73%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
