Pegasystems Inc’s recent filing unveils that its COO, CFO STILLWELL KENNETH unloaded Company’s shares for reported $0.14 million on Apr 01 ’25. In the deal valued at $69.75 per share,2,000 shares were sold. As a result of this transaction, STILLWELL KENNETH now holds 21,245 shares worth roughly $1.33 million.
Then, KENNETH STILLWELL bought 2,000 shares, generating $139,040 in total proceeds.
Before that, Akgonul Rifat Kerim sold 2,000 shares. Pegasystems Inc shares valued at $144,500 were divested by the Chief Product Officer at a price of $72.25 per share. As a result of the transaction, Akgonul Rifat Kerim now holds 56,534 shares, worth roughly $3.53 million.
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 fall -1.20% to $62.43. Over the last five days, the stock has lost -11.53%. Pegasystems Inc shares have fallen nearly -33.02% since the year began. Nevertheless, the stocks have risen 0.53% 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 04/07/25. SMA at 50 days reached $82.27, while 200 days put it at $78.77.
Levels Of Support And Resistance For PEGA Stock
The 24-hour chart illustrates a support level at 60.37, which if violated will result in even more drops to 58.32. On the upside, there is a resistance level at 65.44. A further resistance level may holdings at 68.46. The Relative Strength Index (RSI) on the 14-day chart is 28.82, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.77%. Stochastics %K at 14.31% indicates the stock is a buying.
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.
