Entropy Technologies LP Makes New Investment in Pegasystems Inc. $PEGA

Entropy Technologies LP bought a new position in Pegasystems Inc. (NASDAQ:PEGA) during the first quarter, HoldingsChannel.com reports. The fund bought 21,262 shares of the technology company’s stock, valued at approximately $905,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC boosted its stake in Pegasystems by 141,900.0% in the 1st quarter. NewEdge Advisors LLC now owns 4,260 shares of the technology company’s stock worth $296,000 after purchasing an additional 4,257 shares in the last quarter. Jones Financial Companies Lllp increased its stake in Pegasystems by 450.4% during the 1st quarter. Jones Financial Companies Lllp now owns 1,844 shares of the technology company’s stock valued at $128,000 after purchasing an additional 1,509 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Pegasystems by 5.6% in the first quarter. Goldman Sachs Group Inc. now owns 248,168 shares of the technology company’s stock worth $17,253,000 after buying an additional 13,075 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Pegasystems by 18.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,783 shares of the technology company’s stock worth $10,830,000 after buying an additional 23,713 shares during the last quarter. Finally, Focus Partners Wealth raised its holdings in Pegasystems by 55.0% in the first quarter. Focus Partners Wealth now owns 5,476 shares of the technology company’s stock worth $381,000 after buying an additional 1,943 shares during the last quarter. 46.89% of the stock is currently owned by institutional investors.

Key Headlines Impacting Pegasystems

Here are the key news stories impacting Pegasystems this week:

• Positive Sentiment: Pegasystems expanded its University Academic Programme in India by adding three new partners. The move could strengthen the company’s talent pipeline, product expertise and long-term presence in the Indian market, though the announcement did not include an immediate financial impact. Pegasystems expands University Academic Programme with three new partners in India
• Negative Sentiment: KeyCorp lowered its Pegasystems EPS estimates across 2026 and 2027. The firm cut its Q3 2026 forecast to $0.28 from $0.40, Q4 2026 to $0.99 from $1.14, FY2026 to $1.73 from $2.11, and FY2027 to $1.79 from $2.38. It also reduced its Q1 and Q2 2027 forecasts to $0.27 and $0.24, respectively, and its Q3 2027 estimate to $0.31. KeyCorp maintained a “Sector Weight” rating, indicating limited conviction for near-term outperformance. KeyCorp Has Pessimistic Outlook of Pegasystems Q4 Earnings

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on PEGA. William Blair cut shares of Pegasystems from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 22nd. DA Davidson set a $32.00 price objective on shares of Pegasystems and gave the stock a “buy” rating in a report on Friday. Wedbush reaffirmed an “outperform” rating and issued a $60.00 price objective on shares of Pegasystems in a research report on Thursday, April 23rd. KeyCorp downgraded Pegasystems from an “overweight” rating to a “sector weight” rating in a research note on Wednesday, July 22nd. Finally, Citizens Jmp lowered Pegasystems from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 22nd. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $50.10.

Insiders Place Their Bets

In related news, CAO Efstathios A. Kouninis sold 750 shares of Pegasystems stock in a transaction 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 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 legal filing with the SEC, which is available at this link. Also, insider Rifat Kerim Akgonul sold 4,545 shares of Pegasystems stock in a transaction 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 completion of the sale, the insider directly 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 disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 6,795 shares of company stock valued at $229,613. Company insiders own 48.40% of the company’s stock.

Pegasystems Stock Up 3.3%

Shares of NASDAQ PEGA opened at $29.53 on Wednesday. The firm’s 50-day moving average price is $31.94 and its 200-day moving average price is $39.12. The company has a market cap of $4.85 billion, a PE ratio of 16.68 and a beta of 0.87. Pegasystems Inc. has a 52-week low of $25.10 and a 52-week high of $68.10.

Pegasystems (NASDAQ:PEGA) last released its quarterly earnings data on Tuesday, July 21st. The technology company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.08). Pegasystems had a net margin of 18.66% and a return on equity of 32.21%. The company had revenue of $420.72 million for the quarter, compared to analysts’ expectations of $427.38 million. During the same period in the previous year, the firm earned $0.28 earnings per share. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. As a group, equities research analysts anticipate that Pegasystems Inc. will post 1.71 EPS for the current fiscal year.

Pegasystems Announces Dividend

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

Pegasystems Company Profile

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.