Cookson Peirce & Co. Inc. Takes Position in Pegasystems Inc. $PEGA

Cookson Peirce & Co. Inc. bought a new position in Pegasystems Inc. (NASDAQ:PEGA) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 209,267 shares of the technology company’s stock, valued at approximately $12,033,000. Cookson Peirce & Co. Inc. owned approximately 0.12% of Pegasystems as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC lifted its stake in Pegasystems by 236.2% during the second quarter. AQR Capital Management LLC now owns 4,037,552 shares of the technology company’s stock worth $217,584,000 after purchasing an additional 2,836,733 shares during the last quarter. State Street Corp raised its holdings in shares of Pegasystems by 255.3% during the 2nd quarter. State Street Corp now owns 2,907,677 shares of the technology company’s stock valued at $157,393,000 after buying an additional 2,089,375 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in Pegasystems by 86.3% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,050,075 shares of the technology company’s stock worth $219,231,000 after buying an additional 1,875,896 shares during the last quarter. Bares Capital Management Inc. boosted its stake in Pegasystems by 76.6% in the second quarter. Bares Capital Management Inc. now owns 3,542,716 shares of the technology company’s stock worth $191,767,000 after buying an additional 1,536,726 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Pegasystems by 101.3% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,187,558 shares of the technology company’s stock valued at $118,410,000 after acquiring an additional 1,100,733 shares during the last quarter. Institutional investors own 46.89% of the company’s stock.

Pegasystems News Summary

Here are the key news stories impacting Pegasystems this week:

• Positive Sentiment: Q4 results beat on EPS and revenue, with management citing AI-driven demand, rising cloud ACV and expanding backlog—this is the primary catalyst supporting the rally. Q4 Earnings Beat
• Positive Sentiment: Analysts and boutiques remain supportive: Rosenblatt reaffirmed a Buy with a $62 PT, and William Blair reiterated a Buy citing accelerating ACV and cloud growth—these keep upside narratives intact. Rosenblatt Note
• Positive Sentiment: CEO Alan Trefler and company messaging emphasize a push to a ~$2B revenue milestone and a focus on “predictable AI,” reinforcing investor expectations for multi‑year cloud/AI revenue acceleration. Pega $2B Revenue Target
• Neutral Sentiment: Analyses and transcripts provide additional context on metrics, guidance and strategy—useful for modeling but not immediate price drivers. Earnings Presentation
• Neutral Sentiment: Standalone pieces on valuation and peer comparisons are circulating as investors reassess multiples after the recent weakness. Valuation Assessment
• Negative Sentiment: Several firms cut price targets this morning—Wedbush lowered its PT to $60 (still an outperform) and Citizens JMP cut to $58—these downgrades trim near‑term upside expectations. Wedbush Price Target Cut
• Negative Sentiment: Shares dipped earlier despite the beat, reflecting investor focus on margin/earnings details and guidance cadence—so some profit‑taking and skepticism remain. Shares Fall After Q4
• Negative Sentiment: Pega agreed to pay $7M to resolve investors’ trade-secret claims—a modest cash hit but a legal overhang to factor into near-term free cash flow and risk assessments. Legal Settlement

Pegasystems Price Performance

PEGA opened at $40.59 on Friday. Pegasystems Inc. has a one year low of $29.84 and a one year high of $68.10. The business has a 50 day simple moving average of $53.96 and a two-hundred day simple moving average of $55.81. The firm has a market capitalization of $6.86 billion, a price-to-earnings ratio of 19.01 and a beta of 1.07.

Pegasystems (NASDAQ:PEGA) last issued its quarterly earnings data on Tuesday, February 10th. The technology company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.02. The firm had revenue of $504.32 million for the quarter, compared to analyst estimates of $494.60 million. Pegasystems had a return on equity of 38.86% and a net margin of 22.54%.The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period last year, the company earned $0.80 EPS. Pegasystems has set its FY 2026 guidance at 2.750-2.750 EPS. As a group, sell-side analysts expect that Pegasystems Inc. will post 1.89 EPS for the current fiscal year.

Pegasystems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were given a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, January 2nd. Pegasystems’s dividend payout ratio (DPR) is currently 8.05%.

Analyst Upgrades and Downgrades

PEGA has been the subject of a number of recent research reports. Wall Street Zen upgraded shares of Pegasystems from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 31st. Weiss Ratings reissued a “hold (c+)” rating on shares of Pegasystems in a research note on Monday, December 29th. DA Davidson raised Pegasystems from a “neutral” rating to a “buy” rating and raised their price objective for the company from $60.00 to $85.00 in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. lifted their price objective on Pegasystems from $65.00 to $74.00 and gave the stock an “overweight” rating in a report on Friday, December 5th. Finally, Wedbush dropped their target price on Pegasystems from $75.00 to $60.00 and set an “outperform” rating for the company in a report on Thursday. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $66.95.

Insider Activity

In other Pegasystems news, insider Rifat Kerim Akgonul sold 4,000 shares of the firm’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $60.19, for a total value of $240,760.00. Following the completion of the sale, the insider directly owned 112,845 shares in the company, valued at $6,792,140.55. This trade represents a 3.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Kenneth Stillwell sold 14,405 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $57.87, for a total value of $833,617.35. Following the transaction, the chief financial officer owned 131,621 shares in the company, valued at $7,616,907.27. This trade represents a 9.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 108,405 shares of company stock valued at $5,896,127. Corporate insiders own 49.70% of the company’s stock.

About Pegasystems

Pegasystems Inc is a software company specializing in customer engagement and digital process automation solutions. Headquartered in Cambridge, Massachusetts, Pegasystems develops enterprise applications designed to help organizations streamline operations, manage customer interactions and automate complex workflows. Its platform supports a wide range of use cases, from sales and marketing optimization to case management and robotic process automation.

The core of Pegasystems’ offering is the Pega Platform, a low-code development environment that enables businesses to build and deploy applications with minimal hand-coding.