Pegasystems Inc’s recent filing unveils that its Director LAWRENCE WEBER acquired Company’s shares for reported $0.1 million on Apr 28 ’25. In the deal valued at $91.55 per share,1,100 shares were bought.
Then, KOUNINIS EFSTATHIOS A sold 658 shares, generating $59,154 in total proceeds. Upon selling the shares at $89.90, the SVP of Finance & CAO now owns 1,000 shares.
Before that, Akgonul Rifat Kerim sold 6,000 shares. Pegasystems Inc shares valued at $537,240 were divested by the Chief Product Officer at a price of $89.54 per share. As a result of the transaction, Akgonul Rifat Kerim now holds 46,640 shares, worth roughly $4.25 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 Monday, Pegasystems Inc [NASDAQ:PEGA] saw its stock fall -0.63% to $91.11. Over the last five days, the stock has gained 37.23%. Pegasystems Inc shares have fallen nearly -2.24% since the year began. Nevertheless, the stocks have risen 54.74% over the past one year. While a 52-week high of $113.67 was reached on 01/28/25, a 52-week low of $55.71 was recorded on 04/07/25. SMA at 50 days reached $74.48, while 200 days put it at $79.84.
Levels Of Support And Resistance For PEGA Stock
The 24-hour chart illustrates a support level at 89.93, which if violated will result in even more drops to 88.74. On the upside, there is a resistance level at 92.48. A further resistance level may holdings at 93.84. The Relative Strength Index (RSI) on the 14-day chart is 70.97, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 16.96, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.20%. Stochastics %K at 94.81% indicates the stock is a selling.
How much short interest is there in Pegasystems Inc?
A steep rise in short interest was recorded in Pegasystems Inc stocks on 2025-04-15, growing by 0.38 million shares to a total of 1.99 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 1.61 million shares. There was a rise of 19.18%, which implies that there is a positive sentiment for the stock.
