Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Pegasystems Inc shares valued at $659,008 were sold by Akgonul Rifat Kerim on May 09 ’25. At $92.86 per share, Akgonul Rifat Kerim sold 7,097 shares. The insider’s holdings dropped to 44,640 shares worth approximately $4.37 million following the completion of this transaction.
Also, RIFAT KERIM AKGONUL purchased 7,097 shares, netting a total of over 658,998 in proceeds.
Before that, STILLWELL KENNETH had sold 2,000 shares from its account. In a trade valued at $185,858, the COO, CFO traded Pegasystems Inc shares for $92.93 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $1.91 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 surge of approximately 5.15%. Over the course of the year, Pegasystems Inc shares have jumped approximately 4.97%. Shares of the company reached a 52-week high of $113.67 on 01/28/25 and a 52-week low of $59.67 on 04/07/25. A 50-day SMA is recorded $77.76, while a 200-day SMA reached $81.77.
Support And Resistance Levels for Pegasystems Inc (PEGA)
According to the 24-hour chart, there is a support level at 97.02, which, if violated, would cause prices to drop to 96.20. In the upper region, resistance lies at 99.08. The next price resistance is at 100.32. RSI (Relative Strength Index) is 73.68 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.10, which suggests the price will increase in the coming days. Percent R is at 15.86%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
