Pegasystems (NASDAQ:PEGA) Rating Lowered to Neutral at DA Davidson

Posted by Francis Steltz on Sep 30th, 2026

Pegasystems (NASDAQ:PEGA – Get Free Report) was downgraded by stock analysts at DA Davidson from a “buy” rating to a “neutral” rating in a note issued to investors on Monday, MarketBeat.com reports. They currently have a $32.00 target price on the technology company’s stock. DA Davidson’s price target would suggest a potential downside of 2.94% from the stock’s current price.

Several other research analysts have also commented on PEGA. Zacks Research raised Pegasystems from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 22nd. Rosenblatt Securities decreased their target price on Pegasystems from $58.00 to $47.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Pegasystems in a research note on Tuesday, September 1st. William Blair downgraded Pegasystems from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 22nd. Finally, Citizens Jmp lowered Pegasystems from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 22nd. Four investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $47.40.

Read Our Latest Analysis on PEGA

Pegasystems Stock Down 0.8%

Shares of PEGA stock opened at $32.97 on Monday. Pegasystems has a fifty-two week low of $25.10 and a fifty-two week high of $68.10. The firm’s 50 day moving average price is $33.60 and its two-hundred day moving average price is $35.21. The stock has a market cap of $5.42 billion, a price-to-earnings ratio of 18.63 and a beta of 0.89.

Pegasystems (NASDAQ:PEGA – Get Free Report) last released its quarterly earnings data 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 business had revenue of $420.72 million during 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 revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.28 EPS. On average, equities analysts forecast that Pegasystems will post 1.69 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Dianne Ledingham sold 1,000 shares of the stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $38.00, for a total value of $38,000.00. Following the completion of the transaction, the director owned 39,280 shares of the company’s stock, valued at approximately $1,492,640. This represents a 2.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kenneth Stillwell sold 39,627 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $35.77, for a total value of $1,417,457.79. Following the sale, the chief financial officer owned 95,225 shares of the company’s stock, valued at approximately $3,406,198.25. This trade represents a 29.39% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 52,672 shares of company stock worth $1,887,507. Company insiders own 48.40% of the company’s stock.

Hedge Funds Weigh In On Pegasystems

Several institutional investors and hedge funds have recently made changes to their positions in PEGA. Envestnet Portfolio Solutions Inc. increased its stake in shares of Pegasystems by 59.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 35,691 shares of the technology company’s stock worth $1,070,000 after buying an additional 13,264 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in Pegasystems by 20.2% in the second quarter. Sequoia Financial Advisors LLC now owns 9,406 shares of the technology company’s stock valued at $282,000 after acquiring an additional 1,583 shares in the last quarter. WINTON GROUP Ltd boosted its stake in Pegasystems by 59.8% during the 2nd quarter. WINTON GROUP Ltd now owns 40,987 shares of the technology company’s stock valued at $1,228,000 after acquiring an additional 15,343 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Pegasystems by 4.6% during the 2nd quarter. NewEdge Advisors LLC now owns 20,032 shares of the technology company’s stock valued at $600,000 after acquiring an additional 887 shares during the last quarter. Finally, Baird Financial Group Inc. acquired a new position in Pegasystems during the 2nd quarter worth $5,007,000. 46.89% of the stock is currently owned by hedge funds and other institutional investors.

Pegasystems Company Profile

(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.