Pegasystems Inc’s recently made public that its Officer Alan Trefler acquired Company’s shares for reported $14.81 million on Feb 25 ’25. In the deal valued at $78.38 per share,189,000 shares were bought.
Then, STILLWELL KENNETH sold 7,742 shares, generating $655,936 in total proceeds. Upon selling the shares at $84.72, the COO, CFO now owns 14,466 shares.
Before that, KENNETH STILLWELL JR. bought 7,742 shares. Pegasystems Inc shares valued at $655,937 were divested by the Officer at a price of $84.72 per share.
A number of analysts have revised their coverage, including Loop Capital’s analysts, who increased its forecast for the stock in early August from “a Hold” to “a Buy”. JMP Securities also remained covering PEGA and has increased its forecast on July 31, 2024 with a “Mkt outperform” recommendation from previously “Mkt perform” rating. William Blair revised its rating on July 30, 2024. It rated PEGA as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of PEGA
On Tuesday, Pegasystems Inc [NASDAQ:PEGA] saw its stock jump 0.27% to $78.38. Over the last five days, the stock has lost -8.92%. Pegasystems Inc shares have fallen nearly -15.90% since the year began. Nevertheless, the stocks have risen 21.14% over the past one year. While a 52-week high of $113.67 was reached on 01/28/25, a 52-week low of $54.55 was recorded on 02/25/25. SMA at 50 days reached $97.24, while 200 days put it at $76.84.
Levels Of Support And Resistance For PEGA Stock
The 24-hour chart illustrates a support level at 76.49, which if violated will result in even more drops to 74.61. On the upside, there is a resistance level at 79.49. A further resistance level may holdings at 80.61. The Relative Strength Index (RSI) on the 14-day chart is 25.45, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -13.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.19%. Stochastics %K at 4.66% indicates the stock is a buying.
