Pegasystems Inc’s recent filing unveils that its Officer KENNETH STILLWELL acquired Company’s shares for reported $0.14 million on Apr 01 ’25. In the deal valued at $69.52 per share,2,000 shares were bought.
Then, Akgonul Rifat Kerim sold 2,000 shares, generating $144,500 in total proceeds. Upon selling the shares at $72.25, the Chief Product Officer now owns 56,534 shares.
Before that, TREFLER ALAN sold 31,500 shares. Pegasystems Inc shares valued at $2,286,270 were divested by the C.E.O. & Chairman at a price of $72.58 per share. As a result of the transaction, TREFLER ALAN now holds 17,216,114 shares, worth roughly $1.21 billion.
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 1.51% to $70.57. Over the last five days, the stock has lost -6.86%. Pegasystems Inc shares have fallen nearly -24.28% since the year began. Nevertheless, the stocks have risen 9.17% 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 03/31/25. SMA at 50 days reached $86.39, while 200 days put it at $78.55.
Levels Of Support And Resistance For PEGA Stock
The 24-hour chart illustrates a support level at 69.45, which if violated will result in even more drops to 68.34. On the upside, there is a resistance level at 71.17. A further resistance level may holdings at 71.77. The Relative Strength Index (RSI) on the 14-day chart is 37.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.32%. Stochastics %K at 27.89% indicates the stock is a holding.
How much short interest is there in Pegasystems Inc?
A steep rise in short interest was recorded in Pegasystems Inc stocks on 2025-03-14, growing by 45371.0 shares to a total of 1.61 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.56 million shares. There was a rise of 2.82%, which implies that there is a positive sentiment for the stock.
