A Director at Pegasystems Inc is Exercising Options


Today, a Director at Pegasystems Inc, Richard H. Jones, exercised options of Pegasystems Inc (NASDAQ: PEGA) for $31.27K.

In addition to Richard H. Jones, 5 other PEGA executives reported Buy trades in the last month.

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Based on Pegasystems Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $235 million and quarterly net profit of $12.2 million. In comparison, last year the company earned revenue of $198 million and had a net profit of $11.41 million. PEGA’s market cap is $4.3B and the company has a P/E ratio of 249.77. Currently, Pegasystems Inc has an average volume of 638.2K.

Starting in January 2017, PEGA received 17 Buy ratings in a row. Seven different firms, including Canaccord Genuity and D.A. Davidson, currently also have a Buy rating on the stock.

In the last 30 days, insiders have sold $970.9K worth of PEGA shares and purchased $93.8K worth of PEGA shares. The insider sentiment on Pegasystems Inc has been negative according to 137 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Richard H. Jones’ trades have generated a 6.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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.

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