Weiss Asset Management LP Takes Position in Pegasystems Inc. $PEGA

Posted by Geri Gentry on Jul 26th, 2026

Weiss Asset Management LP purchased a new position in Pegasystems Inc. (NASDAQ:PEGA – Free Report) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 145,950 shares of the technology company’s stock, valued at approximately $6,212,000.

A number of other large investors also recently added to or reduced their stakes in PEGA. International Assets Investment Management LLC purchased a new position in Pegasystems during the fourth quarter valued at $28,000. EFG International AG purchased a new stake in shares of Pegasystems during the fourth quarter worth about $32,000. Fifth Third Bancorp increased its stake in shares of Pegasystems by 96.5% during the fourth quarter. Fifth Third Bancorp now owns 617 shares of the technology company’s stock worth $37,000 after purchasing an additional 303 shares in the last quarter. Signature Equity Partners LLC raised its position in shares of Pegasystems by 302.2% during the 1st quarter. Signature Equity Partners LLC now owns 929 shares of the technology company’s stock worth $40,000 after purchasing an additional 698 shares during the last quarter. Finally, Bayforest Capital Ltd raised its position in shares of Pegasystems by 316.6% during the 4th quarter. Bayforest Capital Ltd now owns 704 shares of the technology company’s stock worth $42,000 after purchasing an additional 535 shares during the last quarter. 46.89% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on PEGA. Zacks Research cut Pegasystems from a “strong-buy” rating to a “hold” rating in a report on Friday, April 24th. Weiss Ratings lowered shares of Pegasystems from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Wedbush reiterated an “outperform” rating and issued a $60.00 target price on shares of Pegasystems in a research report on Thursday, April 23rd. Barclays reissued an “overweight” rating and issued a $39.00 price target (down from $48.00) on shares of Pegasystems in a research note on Thursday. Finally, Rosenblatt Securities dropped their price objective on shares of Pegasystems from $58.00 to $47.00 and set a “buy” rating for the company in a research note on Thursday. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Pegasystems presently has an average rating of “Hold” and a consensus price target of $50.10.

Check Out Our Latest Report on Pegasystems

Insider Activity

In other Pegasystems news, CAO Efstathios A. Kouninis sold 750 shares of Pegasystems stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $36.99, for a total transaction of $27,742.50. Following the transaction, the chief accounting officer directly owned 2,144 shares of the company’s stock, valued at $79,306.56. The trade was a 25.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Rifat Kerim Akgonul sold 4,545 shares of Pegasystems stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $33.35, for a total transaction of $151,575.75. Following the transaction, the insider directly owned 107,070 shares in the company, valued at $3,570,784.50. This trade represents a 4.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 6,795 shares of company stock valued at $229,613. 48.40% of the stock is owned by company insiders.

Pegasystems Stock Performance

NASDAQ PEGA opened at $26.82 on Friday. The stock’s fifty day moving average is $32.13 and its two-hundred day moving average is $39.70. The firm has a market capitalization of $4.41 billion, a P/E ratio of 15.15 and a beta of 0.87. Pegasystems Inc. has a fifty-two week low of $25.10 and a fifty-two week high of $68.10.

Pegasystems (NASDAQ:PEGA – Get Free Report) last issued its earnings results on Tuesday, July 21st. The technology company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.08). Pegasystems had a return on equity of 32.21% and a net margin of 18.66%.The company had revenue of $420.72 million during the quarter, compared to analyst estimates of $427.38 million. During the same period last year, the business earned $0.28 earnings per share. The firm’s revenue was up 9.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Pegasystems Inc. will post 1.79 EPS for the current year.

Pegasystems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were issued a $0.03 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.4%. Pegasystems’s dividend payout ratio is currently 6.78%.

Pegasystems Company Profile

(Free Report)

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.