KeyBanc analyst Thomas Blakey maintained a Hold rating on Pegasystems (PEGA – Research Report) today. The company’s shares closed yesterday at $59.08.
Blakey covers the Technology sector, focusing on stocks such as Pure Storage, Cisco Systems, and Juniper Networks. According to TipRanks, Blakey has an average return of 6.6% and a 51.79% success rate on recommended stocks.
In addition to KeyBanc, Pegasystems also received a Hold from JMP Securities’s Patrick Walravens in a report issued yesterday. However, on April 10, Citi reiterated a Buy rating on Pegasystems (NASDAQ: PEGA).
PEGA market cap is currently $4.98B and has a P/E ratio of 74.25.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PEGA in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Pegasystems (PEGA) Company Description:
Pegasystems, Inc. engages in the development, market, license, and support of software, which allows organizations to build, deploy, and change enterprise applications. The company was founded by Alan Trefler in 1983 and is headquartered in Cambridge, MA.
