Capital Research Global Investors Lowers Stock Position in Pegasystems Inc. $PEGA

Posted by Francis Steltz on Jun 9th, 2026

Capital Research Global Investors reduced its stake in shares of Pegasystems Inc. (NASDAQ:PEGA – Free Report) by 28.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,796,189 shares of the technology company’s stock after selling 721,398 shares during the period. Capital Research Global Investors’ holdings in Pegasystems were worth $107,268,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Intrinsic Edge Capital Management LLC purchased a new position in shares of Pegasystems during the 3rd quarter valued at about $10,940,000. Fisher Asset Management LLC lifted its position in shares of Pegasystems by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 1,170,377 shares of the technology company’s stock valued at $69,895,000 after buying an additional 33,643 shares in the last quarter. Illinois Municipal Retirement Fund lifted its position in shares of Pegasystems by 56.1% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 79,619 shares of the technology company’s stock valued at $4,578,000 after buying an additional 28,629 shares in the last quarter. Robinhood Asset Management LLC purchased a new position in shares of Pegasystems during the 4th quarter valued at about $5,073,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Pegasystems by 15.8% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 198,621 shares of the technology company’s stock valued at $12,012,000 after buying an additional 27,169 shares in the last quarter. 46.89% of the stock is owned by hedge funds and other institutional investors.

Pegasystems Trading Up 1.2%

Shares of PEGA opened at $35.11 on Tuesday. The business’s 50 day moving average is $37.59 and its 200 day moving average is $46.15. The company has a market capitalization of $5.87 billion, a PE ratio of 18.88 and a beta of 0.86. Pegasystems Inc. has a 12-month low of $32.00 and a 12-month high of $68.10.

Pegasystems (NASDAQ:PEGA – Get Free Report) last issued its earnings results on Tuesday, April 21st. The technology company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.22). The business had revenue of $429.97 million for the quarter, compared to the consensus estimate of $473.24 million. Pegasystems had a net margin of 20.04% and a return on equity of 30.05%. The firm’s revenue for the quarter was down 9.6% compared to the same quarter last year. During the same period last year, the business posted $0.76 EPS. Equities research analysts predict that Pegasystems Inc. will post 1.95 earnings per share for the current year.

Pegasystems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st were paid a $0.03 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. Pegasystems’s payout ratio is presently 6.45%.

Insider Buying and Selling

In other Pegasystems news, insider Rifat Kerim Akgonul sold 4,545 shares of Pegasystems stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $33.35, for a total value of $151,575.75. Following the sale, the insider owned 107,070 shares of the company’s stock, valued at $3,570,784.50. The trade was a 4.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Efstathios A. Kouninis sold 750 shares of Pegasystems stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $36.99, for a total value of $27,742.50. Following the completion of the sale, the chief accounting officer directly owned 2,144 shares in the company, valued at approximately $79,306.56. The trade was a 25.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 14,639 shares of company stock worth $577,764. Corporate insiders own 48.40% of the company’s stock.

More Pegasystems News

Here are the key news stories impacting Pegasystems this week:

Positive Sentiment: Pegasystems said it has completed its multi-year shift to a subscription model, with cloud annual contract value growth improving, a sign of more predictable recurring revenue and better visibility into future sales. Pegasystems Completes Subscription Shift, Boosts Cloud ACV Growth
Positive Sentiment: The company launched Pega Customer Engagement Studio, an agentic AI workspace for marketers, expanding its customer decisioning platform and adding a new product angle that could support revenue growth. Pega Launches Customer Engagement Studio to Transform Marketing Operations with Agentic AI
Positive Sentiment: Pega introduced new AI capabilities for mission-critical workflows, including support for open standards and more efficient agent execution, which could make its platform more attractive to enterprise buyers concerned about governance and cost. Pega Eliminates AI Token Tax With More Efficient Way to Build and Run Agentic Workflows
Positive Sentiment: The AWS modernization announcement could help Pega win more enterprise transformation deals by making it easier to move legacy mainframe systems into cloud-native environments. Pega Launches AI-Driven Modernization Capability on AWS
Neutral Sentiment: Management also highlighted partner awards, industry awards, and a new solution designer initiative, reinforcing Pega’s enterprise ecosystem and AI positioning, but these are less immediately material to near-term earnings. Pega Redefines AI-Driven Transformation with Solution Designer Initiative
Negative Sentiment: One CRM industry piece noted that Pega is still working to prove the returns from its AI investments, reminding investors that the company may need to show stronger real-world monetization before the rally is fully justified. Pega’s Working to Address AI Returns Realization

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on PEGA shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $60.00 price objective (down from $65.00) on shares of Pegasystems in a research report on Wednesday, April 22nd. Wedbush reissued an “outperform” rating and set a $60.00 target price on shares of Pegasystems in a research note on Thursday, April 23rd. DA Davidson set a $55.00 target price on Pegasystems and gave the company a “buy” rating in a research note on Friday, April 17th. Citigroup lifted their target price on Pegasystems from $70.00 to $71.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Finally, Wall Street Zen downgraded Pegasystems from a “strong-buy” rating to a “hold” rating in a research note on Saturday, February 14th. Eight investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $63.70.

Read Our Latest Report on Pegasystems

About Pegasystems

(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.