PegasystemsPEGA
Market Cap: $5.86B
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 Q2 SEC filings by fund managers ($100M+ AUM)
149% more call options, than puts
Call options by funds: $36.7M | Put options by funds: $14.8M
38% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 40
35% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 82
14% more funds holding in top 10
Funds holding in top 10: 7 [Q1] → 8 (+1) [Q2]
6% more funds holding
Funds holding: 262 [Q1] → 277 (+15) [Q2]
1.5% more ownership
Funds ownership: 46.71% [Q1] → 48.21% (+1.5%) [Q2]
1% less capital invested
Capital invested by funds: $2.52B [Q1] → $2.48B (-$36.9M) [Q2]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Loop Capital Yun Kim 50% 1-year accuracy 5 / 10 met price target | 22%upside $84 | Buy Upgraded | 1 Aug 2024 |
JP Morgan Pinjalim Bora 44% 1-year accuracy 12 / 27 met price target | 21%upside $83 | Overweight Maintained | 31 Jul 2024 |
Rosenblatt Blair Abernethy 34% 1-year accuracy 15 / 44 met price target | 31%upside $90 | Buy Maintained | 31 Jul 2024 |
JMP Securities Patrick Walravens 42% 1-year accuracy 42 / 100 met price target | 24%upside $85 | Market Outperform Upgraded | 31 Jul 2024 |
Wedbush Daniel Ives 61% 1-year accuracy 83 / 137 met price target | 31%upside $90 | Outperform Reiterated | 29 Jul 2024 |