PegasystemsPEGA
About: Founded in 1983, Pegasystems provides a suite of solutions for customer engagement and business process management. The company's key offering is the Pega Infinity platform, which combines business process management, or BPM, with customer relationship management, or CRM, applications. The company focuses on enterprise-size customers, specifically within the financial, insurance, and healthcare fields.
Employees: 5,406
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
108% more call options, than puts
Call options by funds: $9.38M | Put options by funds: $4.52M
45% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 77
35% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 48
18% more capital invested
Capital invested by funds: $2.5B [Q2] → $2.96B (+$462M) [Q3]
6% more funds holding
Funds holding: 278 [Q2] → 295 (+17) [Q3]
1.13% less ownership
Funds ownership: 48.53% [Q2] → 47.4% (-1.13%) [Q3]
13% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Barclays Raimo Lenschow 25% 1-year accuracy 2 / 8 met price target | 8%downside $82 | Equal-Weight Maintained | 25 Oct 2024 |
Wedbush Daniel Ives 0 / 0 met price target | 12%upside $100 | Outperform Maintained | 25 Oct 2024 |
Rosenblatt Blair Abernethy 0 / 0 met price target | 6%upside $95 | Buy Maintained | 25 Oct 2024 |
Rosenblatt Blair Abernethy 0 / 0 met price target | 1%upside $90 | Buy Maintained | 8 Oct 2024 |
Citigroup Steven Enders 50% 1-year accuracy 1 / 2 met price target | 3%upside $92 | Buy Maintained | 25 Sept 2024 |
Financial journalist opinion
Based on 13 articles about PEGA published over the past 30 days