UBS cuts Brent crude oil forecasts
Alan Trefler, C.E.O. and Chairman of Pegasystems Inc (NASDAQ:PEGA), sold a total of 45,000 shares of common stock on July 10, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales, executed under a pre-arranged trading plan, resulted in total proceeds of $2,328,607. The price range for the shares sold was between $51.6 and $52.14. According to InvestingPro, PEGA’s stock has seen a -8.92% decline over the past week, though it maintains a strong financial health score of "GREAT." The company is currently trading near its Fair Value, with earnings results expected on July 22.
The filing indicates two separate sales transactions. The first involved 32,764 shares sold at a weighted average price of $51.60, with prices ranging from $50.98 to $51.97. The second transaction involved 12,236 shares sold at a weighted average price of $52.14, with prices ranging from $51.98 to $52.82. Despite recent price movements, InvestingPro data shows PEGA maintains impressive gross profit margins of 75.74% and has received upward earnings revisions from 11 analysts for the upcoming period.
Following the transactions, Trefler directly owns 33,006,692 shares. He also indirectly owns shares through various trusts. With a market capitalization of $8.64 billion, PEGA continues to demonstrate strong financial performance. For more detailed insights and additional ProTips about PEGA’s valuation and growth prospects, visit InvestingPro, where you’ll find comprehensive analysis in the Pro Research Report.
In other recent news, Pegasystems Inc. announced a five-year strategic collaboration with Amazon (NASDAQ:AMZN) Web Services to integrate AWS’s generative AI services with Pega’s enterprise software solutions. This partnership aims to accelerate legacy system modernization and enhance AI-powered workflow automation. Pegasystems also achieved FedRAMP High Authority to Operate status for its generative AI solutions, enabling government agencies to deploy these tools while meeting federal security and compliance standards.
Loop Capital raised its price target for Pegasystems to $60 from $52.50, maintaining a Buy rating, citing the company’s strong exposure to legacy transformation opportunities and growing momentum around its GenAI Blueprint solution. Meanwhile, Citi adjusted its price target to $66 following a recent two-for-one stock split, maintaining a Buy rating with a High Risk designation. DA Davidson increased its price target to $50 from $47.50, keeping a Neutral rating, after discussions that highlighted competitive positioning and AI impact.
These developments reflect Pegasystems’ strategic efforts to enhance its market position and expand its generative AI capabilities.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.