Efstathios Kouninis Sells 982 Shares of Pegasystems (NASDAQ:PEGA) Stock

Posted by Brian Himes on Sep 19th, 2026

Pegasystems Inc. (NASDAQ:PEGA – Get Free Report) CAO Efstathios Kouninis sold 982 shares of the company’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $37.35, for a total value of $36,677.70. Following the completion of the sale, the chief accounting officer owned 1,009 shares of the company’s stock, valued at $37,686.15. This represents a 49.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Pegasystems Trading Down 2.8%

NASDAQ:PEGA opened at $35.05 on Friday. Pegasystems Inc. has a 1-year low of $25.10 and a 1-year high of $68.10. The firm has a market capitalization of $5.76 billion, a price-to-earnings ratio of 19.80 and a beta of 0.89. The business’s 50-day moving average price is $33.25 and its two-hundred day moving average price is $35.85.

Pegasystems (NASDAQ:PEGA – Get Free Report) last posted its earnings results on Tuesday, July 21st. The technology company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.08). The company had revenue of $420.72 million for the quarter, compared to analyst estimates of $427.38 million. Pegasystems had a return on equity of 32.21% and a net margin of 18.66%.Pegasystems’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.28 earnings per share. Sell-side analysts predict that Pegasystems Inc. will post 1.66 earnings per share for the current year.

Pegasystems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be paid a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, October 1st. Pegasystems’s dividend payout ratio is presently 6.78%.

Analyst Upgrades and Downgrades

PEGA has been the topic of a number of recent analyst reports. Royal Bank Of Canada set a $35.00 price target on shares of Pegasystems and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Citigroup cut shares of Pegasystems from a “market outperform” rating to a “market perform” rating in a research report on Wednesday, July 22nd. Rosenblatt Securities reduced their target price on Pegasystems from $58.00 to $47.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. DA Davidson set a $32.00 price target on Pegasystems and gave the stock a “buy” rating in a report on Friday, July 24th. Finally, KeyCorp lowered Pegasystems from an “overweight” rating to a “sector weight” rating in a research report on Wednesday, July 22nd. Five investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Pegasystems has a consensus rating of “Hold” and a consensus price target of $47.40.

Get Our Latest Stock Report on PEGA

Key Pegasystems News

Here are the key news stories impacting Pegasystems this week:

Positive Sentiment: JPMorgan’s revised $47 price target remains above Pegasystems’ recent trading level, indicating potential upside despite the bank’s neutral rating. The company also continues to benefit from recurring software demand and institutional ownership, including new and expanded positions reported by BlackRock, Geode Capital and First Trust. Pegasystems Shares Fall After JPMorgan Downgrade
Neutral Sentiment: Pegasystems declared a quarterly dividend of $0.03 per share, equivalent to $0.12 annually and a yield of approximately 0.3%. The modest payout is unlikely to be a major near-term stock catalyst. Pegasystems Dividend News
Neutral Sentiment: An analysis of the stock’s roughly 46% annual decline highlights long-term opportunities in low-code development, workflow automation, customer engagement and AI, but also points to valuation and execution risks. The broader analyst consensus remains Hold, with an average price target near $47.40. Pegasystems Stock Outlook Analysis
Negative Sentiment: JPMorgan reaffirmed its neutral rating but cut its price target from $54 to $47. The reduction signals less confidence in near-term appreciation and appears to be the clearest immediate source of selling pressure. Pegasystems Shares Fall After JPMorgan Downgrade
Negative Sentiment: Insiders sold shares recently: Chief Accounting Officer Efstathios Kouninis sold 982 shares, director Dianne Ledingham sold 1,000 shares under a Rule 10b5-1 plan, and Rifat Kerim Akgonul sold 7,000 shares. The transactions may weigh on sentiment, although planned sales do not necessarily indicate deteriorating fundamentals. Pegasystems Insider Selling
Negative Sentiment: In its latest reported quarter, Pegasystems missed consensus estimates for both EPS and revenue, despite revenue increasing 9.4% year over year. That performance continues to raise concerns about execution and the pace of growth.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Signature Equity Partners LLC boosted its holdings in shares of Pegasystems by 302.2% in the 1st quarter. Signature Equity Partners LLC now owns 929 shares of the technology company’s stock valued at $40,000 after buying an additional 698 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in Pegasystems in the 2nd quarter valued at about $41,000. Allworth Financial LP bought a new position in Pegasystems during the second quarter worth about $42,000. Leonteq Securities AG bought a new position in Pegasystems during the fourth quarter worth about $58,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in Pegasystems during the second quarter worth approximately $62,000. Institutional investors and hedge funds own 46.89% of the company’s stock.

About Pegasystems

(Get Free Report)

Pegasystems Inc develops enterprise software for customer engagement, workflow automation and business process management. Its solutions help organizations manage customer service, sales, marketing, operations and back-office processes across digital and traditional channels.

The company’s product portfolio includes Pega Platform, a low-code application development and automation platform; Pega Customer Service and Pega Sales; Pega Customer Decision Hub for real-time, personalized customer engagement; and tools for case management, robotic process automation and artificial intelligence.