Pegasystems (PEGA) Getting Somewhat Positive News Coverage, Accern Reports
News articles about Pegasystems (NASDAQ:PEGA) have been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pegasystems earned a daily sentiment score of 0.24 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.5790215136417 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Chronic Diseases Management Market 2018 | Expanding the Company in just 4.1 years | The Explosive Power of ~17.5% CAGR | By 2023 (menafn.com)
- Pegasystems, Inc. (PEGA) (finance.yahoo.com)
- Pegasystems and Idio Partner to Infuse AI-Driven Next-Best Content Across B2B Customer Journeys (finance.yahoo.com)
- Pegasystems to Announce Financial Results for the Fourth Quarter and Fiscal Year 2017 via Conference Call and Webcast (finance.yahoo.com)
PEGA has been the subject of a number of research reports. TheStreet cut shares of Pegasystems from a “b-” rating to a “c” rating in a research note on Wednesday, November 22nd. BidaskClub cut shares of Pegasystems from a “sell” rating to a “strong sell” rating in a research note on Friday, January 26th. Finally, Zacks Investment Research raised shares of Pegasystems from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $63.00.
In other news, CAO Efstathios A. Kouninis sold 728 shares of the company’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $49.73, for a total value of $36,203.44. Following the completion of the sale, the chief accounting officer now owns 1,012 shares of the company’s stock, valued at approximately $50,326.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Michael R. Pyle sold 4,000 shares of the company’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $49.06, for a total transaction of $196,240.00. Following the completion of the sale, the vice president now directly owns 54,343 shares of the company’s stock, valued at approximately $2,666,067.58. The disclosure for this sale can be found here. Insiders sold a total of 19,035 shares of company stock valued at $940,525 in the last ninety days. 53.61% of the stock is owned by corporate insiders.
COPYRIGHT VIOLATION WARNING: This piece was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece on another website, it was stolen and reposted in violation of United States & international trademark and copyright law. The legal version of this piece can be accessed at https://www.thecerbatgem.com/2018/02/23/pegasystems-pega-getting-somewhat-positive-news-coverage-accern-reports.html.
Pegasystems Company Profile
Pegasystems Inc develops, markets, licenses and supports software applications for marketing, sales and onboarding, and customer service needs. The Company also offers software applications built on the Pega platform. Its software is designed to assist clients in building, deploying and evolving enterprise applications.
Receive News & Ratings for Pegasystems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pegasystems and related companies with MarketBeat.com's FREE daily email newsletter.